A new study conducted by cloud security company Bitglass reveals that healthcare data breaches surged 55%, year-over-year, in 2020. But as hackers get more creative, hospitals have to be more productive, cybersecurity experts say.
The increase in attacks on the healthcare industry correlates with devices and machines at hospitals becoming more connected; things such as MRIs, beds and thermostats talking with each other and the network while giving attackers virtual backdoors and an ever-expanding attack surface to exploit.
As the attacks have increased, so has interest in the space, as many had predicted. [Last] week, New York-based health are cybersecurity company Cylera closed a $10 million Series A, and late last month, Palo Alto-based Armis Security—a leader in IoT security including that for healthcare—raised $125 million at a $2 billion valuation. Two M&A deals around the space also occurred when on Feb. 23 CloudMD bought healthcare data integration and security provider IDYA4, and 10 days later Relay Medical acquired IoT cybersecurity firm Cybeats Technologies.
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