The security dilemma of healthcare in the Digital journey - PowerPoint PPT Presentation

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The security dilemma of healthcare in the Digital journey

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Title: The security dilemma of healthcare in the Digital journey


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The security dilemma of healthcare in the Digital
journey
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Introduction The healthcare industry is going
through a disruptive phase. IoT and IoMT have
opened new avenues for the sector which is now
focusing on developing its remote patient
monitoring and care capabilities. The global IoT
healthcare market is expected to reach 188
billion by 2024, growing at a CAGR of 27.6.
Combined with Artificial Intelligence, IoMT
devices are making healthcare accessible and
affordable to all. An estimate by Goldman Sachs
shows that IoMT devices will save 300 billion
for the healthcare sector. Amidst the growing
ageing population and healthcare costs, IoMT is
proving to be a boon. However, with the
increasing connected devices, there is also a
parallel rise in the number of data breaches and
cybercrimes. Within the last year, 82 of
healthcare organizations IoT devices were
targeted for cyber-attacks. More than 41.11
million records were exposed, stolen, or
disclosed without permission. It is expected that
the healthcare sector will have to pay a cost of
4 billion for the data breaches.
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The Internet of Things (IoT) devoid of
comprehensive security management is tantamount
to the Internet of Threats. Apply open
collaborative innovation, systems thinking
zero-trust security models to design IoT
ecosystems that generate and capture value in
value chains of the Internet of Things, says
Stephane Nappo. While the promise of IoMT is not
to be dismissed, the security concerns are
critical. On its digital growth, the healthcare
sector is facing the dilemma of patient privacy
and security versus enhanced patient care and
quality. Leveraging digital health technology
leaves the sector vulnerable to cyber-attacks.
Therefore, it is essential to find a mid-way that
helps the healthcare industry progress while
keeping itself secure from the malicious
cybercrimes. Let us explore the promises that
IoMT brings to healthcare and understand how the
industry can keep itself secure from the
cyber-attacks What does IoMT brings to the
table? Affordability and accessibility are the
two prime benefits bestowed to humanity by IoMT
technology. By enabling remote care, IoMT
significantly reduces the costs. A few examples
of IoMT in the market are

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ABILIFY MCYITE System This is a four-component
system comprising a pill, a patch, an app, and a
dashboard. The pill is an Aripiprazole tabled
embedded with an Ingestible Event Marker (IEM)
sensor, which gets activated when the pill is
consumed. The sensor communicates the event to
the MYCITE patch that identifies and records the
date and time of ingestion. This information is
then communicated to a smart phone application
through which users or caregivers can review and
monitor the data and activity levels. The
dashboard makes for a web-based portal through
which healthcare providers can access their
patients data. eVisit Rated as one of the top
remote patient monitoring platforms, eVisit is
making telemedicine possible for the healthcare
sector. Platforms such as eVisit helps healthcare
organizations to scale their telemedicine
footprint while improving patient engagement,
revenues, and workflow processes. Read the
complete blog on https//www.cigniti.com/blog/hea
lthcare-security-iomt-iot/
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