The global healthcare cyber security market is expected to cross USD 10.85 Million by 2022. Cybersecurity in healthcare is a mammoth task and for a large multispecialty, hospital with running practices and healthcare challenges today seem as a highly complex nature. The severity of the problem is the fact that every aspect of the challenge calls for accumulation of personal data, but no matter the size of cyber security in healthcare, attacks come as a surprise.

The healthcare cyber security market is driven by rise in precautionary measures against cyberattacks and cyber warfare. In addition, technological enhancements and increase in counterfeit accounts operating on a large scale are expected to contribute to the market growth in the near future. However, lack of spending on healthcare organizations and low awareness about potential cyber security levels is likely to hinder the market growth in the near future.

The healthcare cyber security is inclusive of segmentation by solution as identity and access management, risk and compliance management, security information, event management, intrusion detection system, antivirus, data encryption software and antivirus. Identity and access management accounts for a significant share in the market growth. End-user segmentation for healthcare cyber security market includes health insurance companies, pharmaceuticals & chemical industries and hospitals.

Geographical segmentation for healthcare cyber security market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America market accounts for a significant market share in the global scenario owing to enhanced technology, infrastructure, patient availability and rise in cyber security applications.

Asia-Pacific market accounts for a greater market share in the forecast period due to rise in cyber security applications, development of regulatory framework and rise in use of healthcare devices. The key players in the healthcare cyber security market include IBM, McAfee, Symantec, Fireye, Trend Micro Lockheed Martin, Northrop Grumma and Kaspersky.

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Market Segment:

Healthcare Cyber Security End-Use Outlook (Revenue, USD Million, 2012 - 2022)
• Pharmaceuticals & Chemicals
• Medical Devices
• Health Insurance
• Hospitals
• Others

Healthcare Cyber Security Type of Threat Outlook (Revenue, USD Million, 2012 - 2022)
• Pharmaceuticals & Chemicals
• Malware
• DDoS
• Advanced Persistent Threats (APT)
• Spyware
• Lost or Stolen Devices
• Others

Healthcare Cyber Security Type of Solution Outlook (Market Revenue in USD Million, 2012 - 2022)
• Identity and Access Management
• Risk and Compliance Management
• Antivirus and Antimalware
• DDoS Mitigation
• Security Information and Event Management (SIEM)
• Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
• Others

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Healthcare Cyber Security Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

Cyber Security is the process of secure computer systems, servers, programs, networks and data from malicious attacks. These Cyber Attacks are usually aimed at assessing, changing and destroying sensitive information or interrupting the normal business processes.

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You might have heard about the term called Virtual CTO, what is Virtual CTO? Why is it needed for you? These are the questions that will flash in your minds. Virtual CTO stands for the Virtual Chief Technology Officer (CTO) that provides the capabilities of a CTO such as the ability to use the technologies efficiently, profitably, and securely. Here is the list of Top 3 reasons why you need a virtual CTO.

Know your landscape

Similar to the business, the growth comes through the mixture of Strategic, tactical, and with the best decision-making skills. Some clients and partners will impact your technology infrastructure. And the Virtual CTO will help you to know your landscape in the technologies.

User first decisions

Most of the business is not providing enough importance for the user to select and implement in the new technologies. But with the help of virtual CTO, you can align the technology strategy, and customer objectives, which will be the reason for the increased productivity.

See the opportunity

Every business will keep an eye on the new business technologies to increase their productivity and the virtual CTO is providing the best way to see the opportunities in the new technologies.

The above-mentioned are some of the reasons for using Virtual CTO.

Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks and data from malicious attacks. It ‘s also known as information technology security or electronic information security. The term applies in a variety of context, from business to mobile computing, and can be divided into a few common categories. Cybersecurity is comprised of an evolving set of tools, risk management approaches, technologies, training and best practices designed to protect networks, devices, programs and data from attacks or unauthorized access.

Advantages of cybersecurity

1. It provides data and system privacy. This can be achieved with the good implementation of security policies and protocols in the network.
2. It provides protection against worms, viruses, spyware and other unwanted programs.
3. Protect the system from hacking
4. Cybersecurity helps to protect important data against data breaches.
5. It provides protection from data theft as with the implementation high – security protocols malicious user cannot break the network architecture.
6. Provide data and system privacy. This can be achieved with the good implementation of security policies and protocols in the network.
7. It helps companies to protect their resources and networks from unauthorized access and cyber – attacks

Disadvantages of cybersecurity

1. Incorrect firewalls rules block the user from accessing various services of the network
2. Rules of the firewalls are difficult to configure correctly.
3. It is costly for the average
4. Makes the system slower than before
5. Need to keep updating the new software in order to keep security up to date.

Minimum cybersecurity requirements for a network should be as follows:

· Encryption
· Firewall
· Web Filtering Software
· Radius server
· Intrusion detection system / Intrusion Prevention system
· Logging Software
· Endpoint protection

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