article thumbnail

$15M Singapore-London partnership to help stem APAC's growing healthcare cybersecurity woes

Healthcare IT News - Telehealth

In Singapore's public health facilities, for example, about 15% or over 16,000 medical devices have Internet connectivity. billion by 2027 , growing at a 12% CAGR from 2022. THE LARGER CONTEXT More and more medical devices are getting hooked up to hospital and home networks and the Internet.

article thumbnail

GOA & IBM Data Breach Report Reveal Alarming Security Breaches in Healthcare

Telebehavioral Health Institute

Security breaches in healthcare are increasing, and so are the costs. The 2022 IBM Data Breach Report shows that financial damages resulting from security breaches have been the highest in the healthcare industry for 12 consecutive years. Detailing data breaches from March 2021 to March 2022.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three Ways Healthcare Organizations Can Improve System Security Right Now

Healthcare IT Today

Healthcare systems in the U.S. In 2022, for example, the combination of COVID-19, labor shortages, and inflation resulted in one of the worst financial years ever for U.S. If that sounds low, it’s because it is; multiple studies have found that enterprises spend anywhere from 10% to 20% of their IT budgets on security on average.

HIPAA 112
article thumbnail

Cybersecurity: Hoping for the Best, but Preparing for the Worst

Healthcare IT Today

We reached out to our incredibly talented Healthcare IT Today Community for these answers. The following is what they had to say on how to stay safe and can be used as a little check list for your healthcare cybersecurity efforts. Hackers are finding holes in the gaps created by fragmented systems.

article thumbnail

Reactions to the Ascension Healthcare Ransomware Attack and Suggestions for Healthcare Organizations

Healthcare IT Today

According to our 2023 Cyber Insecurity in Healthcare report, 54% of surveyed healthcare IT security practitioners said their organization suffered a ransomware attack, up from 41% in 2022. It is encouraging to see investments being made to secure medical systems and equipment needed for patient care.

EHR 106
article thumbnail

Health IT – 2024 Health IT Predictions

Healthcare IT Today

Ankit Gupta, Founder and CEO at Bicycle Health The opioid epidemic is the most acute and urgent public health crisis in America. With an increased number of touch points with the health system comes a more personalized approach to medicine. I believe/predict we will enable more equitable, high-value healthcare at scale.