Thematic Intelligence: Cybersecurity in Healthcare (2024)

Thematic Intelligence: Cybersecurity in Healthcare (2024)

Summary

Cyberattacks are a major threat to the healthcare sectorWeak cybersecurity measures expose companies to serious risks. Victim companies suffer operationally, as systems are rendered unusable; reputationally, as customers lose trust; and legally, as ever-stricter regulators seek to punish them. The healthcare industry is particularly vulnerable because it uses highly sensitive data. Cybersecurity is crucial for pharma, medical devices, and healthcare systems to protect confidential patient data and intellectual property (IP) from cyber threats, ensuring patients' privacy and protecting valuable R&D.

Additionally, cybersecurity measures help to ensure operational integrity and regulatory compliance, preventing costly breaches and potential legal liabilities. Cybersecurity breaches in the healthcare sector can cost more than in almost any other industry. In some cases, cyberattacks in the healthcare setting can have extremely severe consequences, including harm to patients’ health or loss of life.

Scope

• Cyberattacks are a major threat to the healthcare sector
• After COVID-19, cyber risk is higher than ever
• Healthcare cybersecurity investment is growing

Reasons to Buy

• Understand how cybersecurity is impacting the healthcare industry
• Understand how the shift from in-person to virtual care has increased cyber risk
• Understand how healthcare, pharma, and medical device companies are investing in cybersecurity