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Healthcare Among Top Industries Victimized By Cyber Fraud

On behalf of the entire team, here at Allegiant Experts, we certainly hope you enjoyed a very Merry Christmas and that you’re still enjoying a wondrous holiday season. We imagine, that like many Americans, you may have received some form of digital technology as a gift this past week. With devices such as tablets, laptops and smartphones all so very commonplace in today’s world, it would be surprising to meet someone who owns none of the above.

It’s an internet-crazed world. And, for many reasons, this is a great thing. The worldwide web has enabled us to communicate with people all over the globe within seconds. Many of us regularly use the above mentioned devices to communicate via email or social media. But, they also provide us with a great deal of information and entertainment. Watching videos, viewing pictures and receiving breaking news can all be done with these mobile devices which often fit in the palms of our hands.

Sadly, such modern technologies have also opened the door for criminals to commit their illegal acts in ways never-before thought of. Cyber crimes are very real. And, in many cases, they involve identity theft. Last month, Vicky Law of The Huffington Post reported that banks and financial services companies top the list of industries that are targeted by cyber criminals. With the ability to hack into bank and credit card accounts, many fraudsters perpetrate their acts over the internet, robbing innocent people of millions of dollars.

However, Law points out that the health care industry is also too often a victim of cyber criminals. In fact, “the healthcare industry accounts for one-sixth of all economic activity n the United States,” she informs, “The U.S Department of Health and Human Services has estimated that the personal information of at least half of all United States citizens has been compromised by cyber fraud in the health care industry, and healthcare remains the number one target for cyber fraud activity.”

She goes on to remind us that healthcare records include very valuable personal information. One’s security number and insurance ID can be discovered through his or her healthcare record, not to mention credit card and other payment information. With this information, fraudsters can make incredible amounts of money.

“On the black market, medical records are often an order of magnitude more valuable than just credit card records alone,” writes Law, “Industry efforts and new regulations have established higher standards for protection of health care records, but those standards have not yet produced measurable results.”

Unfortunately, cyber crime isn’t the easiest offense to prevent. And sadly, the healthcare industry remains under attack by cyber criminals. The team of clinical experts, here at Allegiant Experts, remains dedicated to diminishing health care fraud in our country, whether it takes place online or offline. In 2017, we will remain focused and committed to assisting attorneys with their litigations against those who commit fraud against the healthcare industry.

For more information about our experience, expertise and how we may be able help your case, please don’t hesitate to contact us at 407-217-5831 or email us at

Happy New Year!

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