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  • IOMT & EMERGING TECHNOLOGY

    DATA BREACHES

    Digital Security in Healthcare: The Top Ten Reasons You Need a Check-Up

    Emerging Technology

    Internet of Medical Technology (IoMT)

    REMOTE MONITORING

    By 2023, 5 million indi-

    viduals will be remotely

    monitored by healthcare

    providers.6

    $5m

    ABOUT

    Keyfactor™, formerly Certified Security Solutions (CSS), is a leading provid-

    er of secure digital identity management solutions that enables organiza-

    tions to confirm authenticity, and ensure the right things are interacting in

    the right ways in our connected world.

    CONTACT US

    keyfactor.com

    216 . 785 . 2990

    ©2019 Keyfactor | All Rights Reserved | keyfactor.com

    Sources:

    1. https://newsroom.ibm.com/2018-07-11-IBM-Study-Hidden-Costs-of-Data-Breaches-Increase-Expenses-for-Businesses

    2. https://www.hipaajournal.com/study-reveals-70-increase-in-healthcare-data-breaches-between-2010-and-2017/

    3. https://www.radware.com/ert-report-2018/

    4. https://enterprise.verizon.com/resources/reports/protected_health_information_data_breach_report.pdf

    5. https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Life-Sciences-Health-Care/gx-lshc-medtech-iomt-brochure.pdf

    6. https://www.businesswire.com/news/home/20190114005013/en/Juniper-Research-Healthcare-Spend-Wearables-Reach-60

    7. https://www.researchandmarkets.com/research/33xpdw/30_billion_smart?w=4

    8. http://newsroom.questdiagnostics.com/2019-01-14-More-Adults-Know-Their-Multidigit-Wi-Fi-Password-Than-Vital-Health-Information-Including-Their-Single-Letter-Blood-Type?rel=0

    9. https://www.prnewswire.com/news-releases/frost--sullivan-reveals-2019-top-growth-opportunities-in-healthcare-by-region-and-key-sectors-300785016.html

    10. https://www2.deloitte.com/global/en/pages/life-sciences-and-healthcare/articles/global-health-care-sector-outlook.html

    1

    Breaches

    70% Healthcare data breaches

    jumped 70% between 2010

    and 2017.2

    $408 Healthcare organizations continue

    to have the highest breach-related

    costs of any industry at $408 per-

    stolen record.1

    $1.4m Healthcare cyberattacks

    cost an average of $1.4M

    in recovery efforts.3

    58% 58% of breach attempts

    involve inside actors.4

    2017 2022

    350% growth SMART HOME HEALTHCARE

    The global smart home

    healthcare market is set to

    hit $30B by 2023.7

    $30b EHR ACCESS

    47% of adults want online

    access to their own and their

    family’s health records.8

    47% CONNECTED MEDICAL DEVICES

    Connected medical devices

    within the IoMT is expected to

    rise from $14.9B in 2017

    to $52.2B by 2022.5

    30% Emerging technologies that enable care outside of the HDO are

    forecast to grow by 30% to $25B+ in 2019.9 $280b The health technology sector is expected to

    reach $280B by 2021.10

    2 3 4

    5 6 7 8

    9 10

    https://newsroom.ibm.com/2018-07-11-IBM-Study-Hidden-Costs-of-Data-Breaches-Increase-Expenses-for-Businesses https://www.hipaajournal.com/study-reveals-70-increase-in-healthcare-data-breaches-between-2010-and-2017/ https://www.radware.com/ert-report-2018/ https://enterprise.verizon.com/resources/reports/protected_health_information_data_breach_report.pdf https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Life-Sciences-Health-Care/gx-lshc-medtech-iomt-brochure.pdf https://www.businesswire.com/news/home/20190114005013/en/Juniper-Research-Healthcare-Spend-Wearables-Reach-60 https://www.researchandmarkets.com/research/33xpdw/30_billion_smart?w=4 http://newsroom.questdiagnostics.com/2019-01-14-More-Adults-Know-Their-Multidigit-Wi-Fi-Password-Than-Vital-Health-Information-Including-Their-Single-Letter-Blood-Type?rel=0 https://www.prnewswire.com/news-releases/frost--sullivan-reveals-2019-top-growth-opportunities-in-healthcare-by-region-and-key-sectors-300785016.html https://www2.deloitte.com/global/en/pages/life-sciences-and-healthcare/articles/global-health-care-sector-outlook.html https://www.keyfactor.com/ https://www.keyfactor.com/

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