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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 $5 M 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 $1.4 M 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 $30 B 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 $280 B The health technology sector is expected to reach $280B by 2021. 10 2 3 4 5 6 7 8 9 10
Transcript
Page 1: Digital Security in Healthcare: The Top Ten Reasons You ......Healthcare: The Top Ten Reasons You Need a Check-Up Emerging Technology Internet of Medical Technology (IoMT) REMOTE MONITORING

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

$408Healthcare organizations continue

to have the highest breach-related

costs of any industry at $408 per-

stolen record.1

$1.4mHealthcare 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

$280bThe health technology sector is expected to

reach $280B by 2021.10

2 3 4

5 6 7 8

9 10

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