Healthcare Cyber Security is a growing concern, comprises of security solutions and services that are implemented to protect computers, communication networks, computer applications and data from unauthorized access, alteration or destruction. Adoption of cloud & surging number of connected devices and increasing data mobility are propelling the growth of the healthcare cyber security marketThis growth is primarily driven by A Proliferation of IoT Devices in the Healthcare Industry, Surging Cyber Security Budgets and Rapid Adoption of Advanced Technology in Both Developing and Developed Economies and Stringent Data Protection Regulations for Information Security.
Globally, a noticeable market trend is evident Increasing Adoption of Cloud-Based Service
. Major Players, such as FireEye Inc. (United States), Cisco Systems Inc. (United States), IBM Corporation (United States), Microsoft Corporation (United States), Kaspersky Lab (Russia), Lockheed Martin Corporation (United States), MacAfee Inc. (United States), Northrop Grumma Corporation (United States), Palo Alto Networks Inc. (United States), Symantec Corporation (United States) and RSA Security LLC (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In April 2018, Symantec announced the development of a powerful threat detection technology, which was used by its world-class research teams. Symantecís Targeted Attack Analytics (TAA) enables ATP, thereby helping customers leverage advanced machine learning and discover targeted attacks.
"Health Insurance Portability and Accountability Act of 1996 (HIPAA) is United States legislation that provides data privacy and security provisions for safeguarding medical information. The law has emerged into greater prominence in recent years with the proliferation of health data breaches caused by cyberattacks and ransomware attacks on health insurers and providers"
- A Proliferation of IoT Devices in the Healthcare Industry
- Surging Cyber Security Budgets and Rapid Adoption of Advanced Technology in Both Developing and Developed Economies
- Stringent Data Protection Regulations for Information Security
- Increasing Adoption of Cloud-Based Service
- Increase in Cyber-attacks
- Lack of Trained Professionals In Developing Economies
- Limited Security Budget among SMEs
Increasing Data Breaches in Healthcare Industry Across the World and Rapid Adoption of Mobile Device Applications and Platforms
Lack of Interoperability with the Existing Information Systems, Dearth of Cybersecurity Expertise and High Cost Associated with the Security Solutions and Services
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