Cyberattacks are especially dangerous to healthcare
Weak cybersecurity measures expose companies to serious risk. Victim companies suffer operationally, as systems are rendered unusable; reputationally, as customers lose trust; and legally, as ever-stricter regulators seek to punish. The healthcare industry is particularly vulnerable because it uses extremely sensitive data. Pharma companies have proprietary scientific data and intellectual property, medical devices companies develop connected devices, and healthcare companies collect and utilize patient data.
Additionally, operational functions are often literally matters of life and death. Breaches in healthcare and pharma cost more than those in almost any other industry.
After COVID, cyber risk is higher than ever
The rush from in-person care to virtual care and digital monitoring, and from office-based work to remote working, amid the COVID-19 pandemic significantly increased cyber risk. The increased use of technology, especially cloud, increased the potential attack surface, and the high speed of transition required meant many information technology security teams had insufficient time to install adequate security defenses. Healthcare companies, especially hospitals and pharma companies, reported increases in cyberattack attempts and government bodies like the Federal Bureau of Investigation issued warnings about the increased threat.
Weak cybersecurity measures expose companies to serious risk. Victim companies suffer operationally, as systems are rendered unusable; reputationally, as customers lose trust; and legally, as ever-stricter regulators seek to punish. The healthcare industry is particularly vulnerable because it uses extremely sensitive data. Pharma companies have proprietary scientific data and intellectual property, medical devices companies develop connected devices, and healthcare companies collect and utilize patient data.
Additionally, operational functions are often literally matters of life and death. Breaches in healthcare and pharma cost more than those in almost any other industry.
After COVID, cyber risk is higher than ever
The rush from in-person care to virtual care and digital monitoring, and from office-based work to remote working, amid the COVID-19 pandemic significantly increased cyber risk. The increased use of technology, especially cloud, increased the potential attack surface, and the high speed of transition required meant many information technology security teams had insufficient time to install adequate security defenses. Healthcare companies, especially hospitals and pharma companies, reported increases in cyberattack attempts and government bodies like the Federal Bureau of Investigation issued warnings about the increased threat.
Scope
- Key players in the cybersecurity in healthcare space: leading cybersecurity vendors, specialist cybersecurity vendors in healthcare, leading cybersecurity adopters in healthcare.
- Value chain including a definition of cybersecurity and the different relevant technologies and processes.
- Key challenges the healthcare industry faces and explanations of how cybersecurity can help. Challenges include manufacturing, marketing and sales, R&D, improving surgery safety, medical training for students and doctors, and improving patient safety
- Detailed analysis of cybersecurity activity in healthcare using various data sets, including deals, hiring, company filings, and social media.
- Profiles of private and public companies in the space.
Reasons to Buy
- See who the leading players are in cybersecurity
- See how the competitive landscape is evolving, with a review of company activity including mergers and acquisitions (M&A), strategic partnerships and funding deals, as well as a jobs analysis.
- Understand what cybersecurity is and what it can do.
Table of Contents
1 Table of Contents
3 Industry Trends
4 Industry Analysis
5 Impact of Cybersecurity on the Healthcare Industry
6 Value Chain
7 Companies Section
9 Glossary
10 Appendix: “Thematic” research methodology
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott
- Andersen
- Atos
- Battelle
- BridgeHead Solutions
- BridgeHead Solutions
- ClearDATA
- Clearwater Compliance
- CyberMaxx
- CyberMDX
- CynergisTek
- DataMotion Health
- Fortified Health
- Fortinet
- Hashed Health
- Imprivata
- McKesson
- MedCrypt
- Medigate
- Meditology Services
- Novartis
- Pfizer
- Security
- Sensato
- Trustwave
- United Health Group
- Upguard