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Healthcare Cybersecurity Market Soars: Key Trends and Insights

SecureWorld News

Healthcare cybersecurity is undergoing explosive growth, reflecting both escalating threats and urgent investments to protect patient data and systems. According to a new report, the global healthcare cybersecurity market was valued at US $21.25 billion in 2024 and is projected to reach $82.90 billion by 2033, at a robust 18.55% CAGR.

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MY TAKE: Why ‘basic research’ is so vital to bringing digital transformation to full fruition

The Last Watchdog

Basic research is the foundational theorizing and testing scientists pursue in order to advance their understanding of a phenomenon in the natural world, and, increasingly, in the digital realm. Joe Alexander, the former medical director at pharmaceutical giant Pfizer, grabbed a distinguished scientist post, as well.

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Passwordless Authentication without Secrets!

Thales Cloud Protection & Licensing

However, industries reliant on shared devices—such as healthcare, retail, and manufacturing—face unique challenges. For example, in healthcare, constant authentication interruptions can impact both patient care and productivity. These fast-paced environments need a more flexible approach to balance security, speed, and user privacy.

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Healthcare organizations are a focus of ransomware attacks

Cisco Security

The shift to remote care and the widespread adoption of EHR solutions by health systems have shaped digital transformation in healthcare. For example, imagine a healthcare professional opening what appears to be an invoice of medical services performed on a patient, but it’s an attachment with a malicious ransomware virus.

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75% of Apps in the Healthcare Industry Have a Security Vulnerability

Veracode Security

In light of the current pandemic, our healthcare industry has been challenged like never before. Healthcare workers heroically stepped up to the plate, caring for those in need, while the industry itself digitally transformed to keep up with the influx of patient data and virtual wellness appointments.

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MY TAKE: PKI, digital certificates now ready to take on the task of securing digital transformation

The Last Watchdog

Lacking a reliable way to authenticate identities during the data transfer process, and also keep data encrypted as it moves between endpoints, the Internet would surely atrophy – and digital transformation would grind to a halt. Nonetheless, it is a pivotal chapter in the evolution of digital commerce.

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LW ROUNDTABLE — How 2024’s cyber threats will transform the security landscape in 2025

The Last Watchdog

Meanwhile, ransomware attacks on healthcare providers will persist, targeting outdated systems and jeopardizing patient care, emphasizing the need for stronger defenses to protect critical services. Alkove Jim Alkove , CEO, Oleria Identity is cybersecurity’s biggest challenge.