{"id":14400,"date":"2020-01-16T19:13:57","date_gmt":"2020-01-16T13:43:57","guid":{"rendered":"https:\/\/cigniti.com\/blog\/?p=14400"},"modified":"2020-01-16T19:13:57","modified_gmt":"2020-01-16T13:43:57","slug":"healthcare-security-iomt-iot","status":"publish","type":"post","link":"https:\/\/www.cigniti.com\/blog\/healthcare-security-iomt-iot\/","title":{"rendered":"The security dilemma of healthcare in the Digital journey"},"content":{"rendered":"

The healthcare industry is going through a disruptive phase.<\/span>\u00a0<\/span>IoT<\/span>\u00a0and\u00a0<\/span>IoMT<\/span><\/a>\u00a0have opened new avenues for the sector which is now focusing on developing its remote patient monitoring and care capabilities. The global\u00a0<\/span>IoT<\/span>\u00a0healthcare\u00a0<\/span>market<\/span><\/a>\u00a0is expected to<\/span>\u00a0reach $188 billion by 2024,<\/span>\u00a0grow<\/span>ing<\/span>\u00a0at\u00a0<\/span>a\u00a0<\/span>CAGR<\/span>\u00a0of 27.6%. Combined with Artificial Intelligence,\u00a0<\/span>IoMT<\/span>\u00a0devices are making healthcare accessible and affordable to all. An estimate by Goldman Sachs shows that\u00a0<\/span>IoMT<\/span>\u00a0devices will save $300 billion for<\/span>\u00a0the<\/span>\u00a0h<\/span>ealthcare<\/span>\u00a0sector.<\/span>\u00a0<\/span><\/p>\n

Amidst the growing ageing population and healthcare costs,\u00a0<\/span>IoMT<\/span>\u00a0is proving to be a boon. However, with the increasing connected devices, there is also a parallel rise in the number of data breaches and cybercrimes. Within the last year, 82% of healthcare organizations\u2019\u00a0<\/span>IoT<\/span>\u00a0devices were targeted for\u00a0<\/span>cyber attacks<\/span>. More than 41.11 million records were exposed, stolen, or disclosed without permission. It is expected that the healthcare sector will have to pay a cost of $4 billion for the data breaches.<\/span>\u00a0<\/span><\/p>\n

\u201cThe Internet of Things (<\/span>IoT<\/span>) devoid of comprehensive security management is tantamount to the Internet of Threats. Apply open collaborative innovation, systems thinking & zero-trust security models to design\u00a0<\/span>IoT<\/span>\u00a0ecosystems that generate and capture value in value chains of the Internet of Things,\u201d says Stephane\u00a0<\/span>Nappo<\/span>. While the promise of\u00a0<\/span>IoMT<\/span>\u00a0is not to be dismissed<\/span>, the security concerns are critical. On its digital growth, the healthcare sector is facing the dilemma of patient privacy and security versus enhanced patient care and quality. Leveraging digital health technology leaves the sector vulnerable to\u00a0<\/span>cyber attacks<\/span>. Therefore, it is essential to find a mid-way that helps the healthcare industry progress while keeping itself secure from the malicious\u00a0<\/span>cyber crimes<\/span>.<\/span>\u00a0<\/span><\/p>\n

Let us explore the promises that\u00a0<\/span>IoMT<\/span>\u00a0brings to healthcare and understand how the industry can keep itself secure from the\u00a0<\/span>cyber attacks<\/span>:<\/span>\u00a0<\/span><\/p>\n

What does\u00a0<\/span><\/b>IoMT<\/span><\/b>\u00a0brings to the table<\/span><\/b>\u00a0<\/span><\/p>\n

Affordability and accessibility are the two prime benefits bestowed to humanity by\u00a0<\/span>IoMT<\/span>\u00a0technology. By enabling remote care,\u00a0<\/span>IoMT<\/span>\u00a0<\/span>significantly<\/span>\u00a0reduces the costs.<\/span>\u00a0A few examples of\u00a0<\/span>IoMT<\/span>\u00a0<\/span>in the market are:<\/span>\u00a0<\/span><\/p>\n