The proliferation of technology has eased things in the healthcare sector like any other, but security threats have also invaded the health space. Cybersecurity in the health space has become a cause for concern in the industry and the public.
Since the past few years, hacking and other information technology-related crimes have risen, and healthcare facilities struggle to combat the menace. Data breaches in the healthcare industry saw a record in 2015 and have been steadily rising since then.
The ongoing pandemic only exposed the healthcare industry to cybersecurity concerns and how the industry needs to be resilient in times of crisis like this, and even otherwise. The past years have seen a whopping rise in ransomware, malware, and other cyberattacks. It has thus become pertinent for healthcare providers to be more vigilant and adopt technologies to prevent hacking. Ransomware is not just financially detrimental to the healthcare establishment, but the loss of data can also put the patient’s life at risk.
Recently, the Federal Bureau of Investigation (FBI) and Cybersecurity and Infrastructure Security Agency (CISA) warned private and public healthcare sectors of ransomware attacks during holidays.
Several cybersecurity technologies are now available to keep cyber attackers in the health space at bay. Cybersecurity in healthcare protects the confidentiality, integrity, and availability of information. To strengthen cybersecurity, healthcare establishments need to approach informatics professionals who manage and protect data. It is no wonder then that career in health informatics is one of the most sought-after careers. But it is only of late that governments and healthcare organizations began taking steps to contain cybercrimes in healthcare. The healthcare industry is vulnerable to cyberattacks, and its ignorance has triggered off more attacks.
On this backdrop, we chose few cybersecurity companies that ensure healthcare establishments function smoothly through prevention, detection, and mitigation against cyberattacks. Our latest edition of Insights Care – 10 Best Cybersecurity Companies in Healthcare for 2021 highlights the ever-growing threats and solutions to prevent them in the healthcare segment.
Cyber Security issues have become a constant struggle for all industries today, and the healthcare industry is no exception.
Hacking into and breaching of data from common devices like smartphones, and sophisticated hardware like IoT devices, are frequent and ever-increasing.More than 93% of healthcare organisations have experienced a data breach in the past three years (Source).
Confirmed data breaches have increased by 58% in the year 2020 (Source).
According to IBM, the healthcare industry incurs an average cost of $7.13 million (Source) for a data breach and hold the most expensive industry title.The damaging stats mentioned above indicate that healthcare is one of the lucrative victims of cyber-attacks in cyberspace.
But why is the healthcare sector such a big target for scammers and Cyber Criminals?The short answer to this is the valuable data that healthcare organisations possess, which makes healthcare a high-risk industry.
Most cyber-attacks are intended to steal social security numbers, medical records, and other personal data.Besides data, the other critical assets in healthcare are device and equipment.
SecurEnds Modern Credential Entitlement Management, a User Access Review product addresses access/entitlement auditing and reporting.It automates user access rights, access certification and remediation to meet security compliance for identity governance.
SecurEnds CEM allows you to: Step 1: Connect ApplicationsManage the discovery of identities across connected and disconnected applications across the IT landscape.
Integrates with ITSM system (ServiceNow, JIRA, etc) to update the changes.
Step 2: Discover IdentitiesCentralize access controls and consolidate identity repositories.
Powered by artificial intelligence and machine learning, Discovery Module enables auto-discovery of identities, including orphaned and unauthorized accounts.
Step 3: Intelligent CampaignsSchedule automated access review campaigns by multiple dimensions (roles etc).
According to a new market research report "Hardware Security Modules Market by Type (LAN Based, PCIE Based, USB Based), Application (Payment Processing, Authentication, PKI, Code and Document Signing, SSL), Deployment Type, Industry, and Geography - Global Forecast to 2022", The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period.Factors such as the increase in data breaches and cyberattacks, mandates for HSM manufacturers to comply with the internal and external privacy and data security regulations, and effective management of cryptographic keys are driving the growth of the hardware security modules market.
Get Free 10% Customization on this Report-https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=162277475 The USB-based/portable HSM type is expected to witness a high growth rate during the forecast periodThe market for USB-based/portable HSM is expected to grow at the highest CAGR between 2017 and 2022.
As USB-based HSMs are portable and easy to deploy without the need for any external hardware or tool, these are expected to be widely adopted in the near future.
The features such as built-in PKI, key backup, and open-source middleware tools are expected to increase the demand for USB-based HSMs during the forecast period.Browse and in-depth TOC on “Hardware Security Modules Market”69 – Tables59– Figures149 – Pages View more detailed TOC @https://www.marketsandmarkets.com/Market-Reports/hardware-security-modules-market-162277475.htmlThe market for the authentication application is expected to grow at the highest rate during the forecast periodThe use of HSMs for the authentication application can reduce fraud and protect users from internet attacks while shopping online or accessing confidential or private information through a web portal or application.
The market in Latin America is expected to grow at the highest rate during the forecast period owing to the formulation of new regulatory compliances and the adoption of modern technologies such as cloud and IoT, creating a huge opportunity for data and information security.The major players operating in the hardware security modules market include Gemalto NV (Amsterdam), Thales e-Security, Inc. (U.S.), Utimaco GmbH (Germany), International Business Machines Corporation (U.S.), FutureX (U.S.), Hewlett-Packard Enterprise Development LP (U.S.) SWIFT (Belgium), Atos SE (France), Ultra-Electronics (U.K.), and Yubico (U.S.).
Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & ConsultingAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
However from an information security(IS) point of view, the graph has not been without risk.Does outsourcing mean greater risk?
What are the risks involved?
You never know how huge your startup would grow – how well do you recall the principal conflict on Facebook’s sources revolved around whether Mark had entered into an agreement with the Harvard seniors to develop a similar web site for them and then, in lieu, stalled their project while taking their idea and building up his own.
Though the Winklevoss twins managed to walk away with a handsome check, most of the time we witness umpteen ill-omened unheard entrepreneurs never making it to the finish line.Technically, IS means protecting information from unauthorized access, use, disclosure, disruption, modification, perusal, inspection, recording or destruction.The Basic IS Principles are:Confidentiality – prevent the disclosure of information to unauthorized individuals or systemIntegrity – data cannot be modified undetectablyAvailability – the information must be available when it is neededAuthenticity – ensure that the data, transactions, communications or documents (electronic or physical) are genuineNon-repudiation – implies one’s intention to fulfil their obligations to a contractOkay, So I’m not a multimillion dollar company.
Can I also do something to secure my information, concept or idea…?
For eg: In a web application development perspective, customizations to a particular component might not require you provide access to the entire code base.
In today’s time, info security is one among of the foremost vital factors for nearly every organization.
Information Security South Africa Company provides most of the Cyber Security-related services like cyber risk management, IT security consulting services, and IT vulnerability assessment, and so forth we have a tendency to bring a mixture of people, processes, and technology to customize and implement information security programs.
