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 device companies develop connected devices, and healthcare companies collect and utilise 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.
Leading hospital companies in cybersecurity
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 the 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 defences. 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.
Leading adopters of hospital cybersecurity solutions include McKesson and United Health Group.
Discover the leading cybersecurity companies in the hospital
Using its experience in the sector, Hospital Management has listed some of the leading companies providing products and services related to cybersecurity.
The information provided in the download document is drafted for hospital executives and technology leaders involved in cybersecurity solutions.
The download contains detailed information on suppliers and their product offerings, alongside contact details to aid purchases or decisions.
Future of cybersecurity in hospitals
For healthcare providers, cyberattacks can cause the exposure of sensitive patient data, care disruptions, and facility downtime, which can take weeks or months to restore and risks the deaths of patients.
Between 2020 and 2025, cybersecurity spending by healthcare providers and payors is forecast to grow at a compound annual growth rate (CAGR) of 8.1% from $4.59bn to $6.77bn.