Across industries, the Internet of Things (IoT) is driving significant investment in projects that integrate smart devices, big data, analytics, and other digitization-related tools. Healthcare institutions are no exception. Hospitals benefit from this advanced connectivity through increased efficiencies, lower costs, and better patient care. As more building infrastructure gets connected; however, the risk and frequency of cyberattacks will increase. According to Cybersecurity Ventures, the estimated global cybercrime cost will climb to more than $10.5 trillion by 2025. That’s why sound cybersecurity protection strategies are more critical now than ever.
Increasing cyberattacks are placing hospital health records, clinical research data, and patient records that include social security numbers, billing information, and insurance...