Healthcare security spending to reach US$10 billion by 2020

  • 26 February 2015
  • 0 replies
  • 78 views

Userlevel 7

Posted on 26 February 2015.The healthcare sector is ill-prepared for the new cyberage. Hospitals, clinics, trusts, and insurers are under attack from malicious online agents. The value of personal health information, made more easily available with the convergence to electronic health records, is ten times that of financial data such as credit card numbers.

Medical identity theft and fraud are on the rise, and healthcare providers are struggling to cope, with the past 2 years seeing hundreds of instances of data breaches leaking millions of personal records. 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 US$10 billion globally by 2020, just under 10% of total spend on critical infrastructure security. full article

0 replies

Be the first to reply!

Reply