Healthcare is one of the most tightly regulated industries, and for good reason. It is a sector where health and lives are at stake.
Plus, the push toward digital-first services has reshaped healthcare globally in recent years. While it has driven greater data sharing across the industry and its supply chains, it has also exposed varying security maturity levels. This means more cyber risk challenges and an increasingly complex web of regulations.
A recent study by Sophos, a UK-based cybersecurity firm, revealed that nearly 60 per cent of healthcare organisations globally experienced a cyberattack in 2023. This number includes major medical institutions in India, such as the All India Institute of Medical Sciences (AIIMS) and the Indian Council of Medical Research (ICMR). The cyberattack on ICMR alone exposed the personally identifiable information (PII) of approximately 810 million Indians, making it potentially one of the most significant data breaches in India’s history.
Moreover, newer risks continue to emerge as the healthcare sector evolves, expanding into areas like health insurance and insurance technology.
In this article, we look at the five key risk and…
