Practical Cloud Security by Melvin B. Greer & Kevin L. Jackson

Author:Melvin B. Greer & Kevin L. Jackson
Language: eng
Format: epub
Publisher: CRC Press

Cloud Strategy by digitalized base (CSA)

8.3 HEALTHCARE

8.3.1 Vertical View

Healthcare cybersecurity is lagging behind other sectors. ABI Research says hospitals, clinics, trusts, and insurers are constantly under attack from malicious online agents, and yet the industry spends very little on cybersecurity, comparatively to other regulated critical industries. ABI Research calculates cybersecurity spending for healthcare protection will only reach $10 billion globally by 2020, just lower than 10% of total spend on critical infrastructure security.

The value of personal health information, made more easily available with the convergence to electronic health records, is 10 times that of financial data such as credit card numbers. Medical identity theft and fraud are also on the rise, and healthcare providers are struggling to cope instances of data breaches leaking millions of personal records. These findings are part of ABI Research’s Cybersecurity Strategies for Critical Infrastructure Market Research.

“Cybersecurity for healthcare is still a small, fragmented market but the potential opportunities for expansion are large and will continue to grow as healthcare organizations increasingly come under cyberfire,” says Michela Menting, ABI Research Digital Security Practice Director.

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