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July 29, 2021

Rate of cyberattacks on healthcare institutions continues to grow

Healthcare institutions must quickly increase their defences against an increasing number of cyberattacks in order to avoid financial and clinical losses.

By GlobalData Healthcare

The Covid-19 pandemic has prompted a rapid increase in the integration and development of new technologies in the healthcare industry. Even as patients and medical professionals become more accepting of new technologies, the number of cyberattacks on the healthcare industry continues to increase. Although efforts have been made to provide better protection, more than one-third of healthcare institutions in the US reported that they were the victim of such an attack last year. While the healthcare industry is slow to adapt to the new reality posed by these threats, the amount of cyberattacks and ransomware hacks on healthcare organisations increases every month.

Healthcare organisations keep valuable patient data and often have obsolete protection against cyberattacks, so hackers will continue to target healthcare institutions. While the Covid-19 pandemic has prompted a significant and sudden increase in adopting new technologies, particularly remote patient monitoring devices, an increase in cyberattacks and ransomware hacks will set back the adoption rate and acceptance among patients and healthcare professionals.

In GlobalData’s most recent poll, 66% of the 201 respondents stated that they are now more willing to use a remote patient monitoring device compared to before the pandemic. Only 6% of the survey respondents were less willing to use remote patient monitoring devices now than they were previously, and the vast majority of patients trust the usage of these devices. A significant minority of the survey respondents (17%) have doubts about remote patient monitoring usage due to privacy concerns, however.

Healthcare institutions must quickly increase their cybersecurity against cyberattacks in order to avoid financial and clinical losses. In addition, improving cybersecurity and the way in which data from newly adopted technologies is collected and handled will increase the acceptance of remote patient monitoring devices among patients and medical professionals.

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