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Friday, March 1, 2019

Healthcare Industry to Create the Most Amount of Sensitive Data by 2025


Wazzup Pilipinas!

The healthcare sector is headed toward a resurgence this year and with this growth, it is projected to generate massive amount of data. With an alarming spike in the sensitive information the sector carries, it is imperative that healthcare companies tighten security measures against possible cyberattacks.

“Healthcare companies in the Philippines will assume greater liabilities when it comes to handling their business information. As they continue to produce an increasing amount of sensitive information, they must proactively seek ways to safeguard these data very tightly and discern the need for enhanced security measures,” said ePLDT Group Senior Vice President and Chief Operating Officer Nerisse Ramos.

According to a report by the International Data Corporation (IDC), the healthcare industry will surpass other sectors such as the media industry and the banking, financial services and insurance (BFSI) industry.

The study also showed that the amount of data created around the globe is seen to grow to 175 zettabytes by 2025, and a large portion of these data will be generated by the healthcare sector. While the increase may be attributed to the technological advancements in the industry, this also exposes healthcare companies to larger risks and dangers in the datasphere.

“Healthcare companies carry not just any info, but highly sensitive private information of individuals. And the more data healthcare companies produce, the more attractive they become in the eyes of cyber criminals,” added Ramos.

Hospitals and medical institutions remain as main targets of cyber criminals as they hold a staggering number of highly sensitive Personally Identifiable Information (PII). These include full names, addresses, insurance information, and social security numbers of patients and clients.

Private information as such, if lost, could easily be utilized by cyber criminals for cases of fraud or identity theft and result in substantial harm or damage to individuals.

“A breach in cybersecurity is disastrous for healthcare companies as it compromises highly valued personal information of patients and other pertinent business data. Healthcare organizations in the country must start investing in cyber defense because they bear huge accountability being the safe keepers of these information,” said Angel Redoble, First Vice President and Chief Information Security Officer of ePLDT Group, PLDT Group and SMART.

To protect healthcare organizations from the growing numbers of cybercrime, it is necessary for hospitals and other health institutions to deploy a holistic security system that will ensure the protection of their private business information from end to end.

As one of the leading digital enablers in the country, ePLDT’s class-on-its-own Cybersecurity portfolio is specifically built to address risks and issues in data security of healthcare companies.

ePLDT’s cyber security consulting can help healthcare companies establish appropriate security policies and techniques they can adopt for the protection of their IT assets and other pertinent business data against possible cyber attacks.

Once these security and techniques are in place, healthcare companies can deploy a multi-level protection against cyber threats with ePLDT’s multi-threat solution and advanced threat security offering for all endpoints of their businesses.

ePLDT also offers outsourcing of security operations where healthcare companies and businesses alike can get comprehensive monitoring, alerting, incident analysis and response, all utilizing an ever-evolving threat intelligence database.

“To become successful in this age of digital transformation, healthcare companies must be prepared to handle sensitive information with even more caution. As one of the biggest data drivers globally, healthcare companies are increasingly coveted targets of cyber attacks. Companies from this sector must equip themselves and learn how they can secure their data,” stated Jovy Hernandez, Senior Vice President & Head of PLDT and Smart Enterprise Groups.

ePLDT, the industry-leading enabler of digital business solutions in the Philippines, delivers best-in-class digital business solutions that are up to par with global standards. Apart from Cyber Security, ePLDT’s product and service rosters also include Cloud solutions, Data Center services, and Managed IT Services.

To know more about ePLDT and its services, visit www.epldt.com.

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11 comments:

  1. Awesome that the healthcare industry is developing so fast. What also shows it is that software developers who are specialized in this field become in demand https://www.cleveroad.com/industries/healthcare. Nowadays you can develop any health-related app.

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  2. Thank you for your article! In our company we also work with healthcare industry. We offer a strong track record of web-application development and complex system integrations. N-iX dedicated development teams also design sophisticated machine learning algorithms based on Python & R. Analyzing a large number of inputs like demographics, lab test results and trial data, we can help improve patient outcomes. Better information at the point of patient care results in saved lives.

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  3. I share your opinion that among all other industries, healthcare is applying digital technologies and utilizing mobile devices for healthcare app development. What is more, healthcare mobile app development has lots of benefits. I've seen your article and I thought that this page can be a good addition to your article. Here you will learn about the benefits a geolocation app can give you and how to build a gps app.

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  4. This comment has been removed by the author.

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  5. The best solution for healthcare industry is to use AI. The best company for AI healthcare development is Zfort - https://www.zfort.com/ai-development

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  6. The primary reason for which you might need a website consultant is to get a great piece of advice based on their knowledge and experience regarding how to run your website in the best way.

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  7. Year by year, the scope of software used in healthcare organizations is growing increasingly. This is equally related to the development of information technologies in a global sense, as well as to the growing needs of the healthcare sector in particular.

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  8. The it company near me is engaged in healthcare developments. I studied some of their developments in this area and I think they have a great future.

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  9. Thank you for the information! Also, you can read more about healthcare digitalization trends here https://qubit-labs.com/top-10-digital-transformation-trends-in-the-healthcare-and-medtech-industries/

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  10. As an industry that deals with complex and sensitive data, healthcare providers have been traditionally slower to adopt IT solutions as strict regulations and secure privacy policies often have to be applied for both app development and usage. Patients have also been hesitant to consistently use apps due to privacy concerns, lack of interest, and the cost of some of the apps on the market. However, as regulatory governmental bodies like the US Food & Drug Administration (FDA) have begun establishing and enforcing these regulations, it’s no wonder that the development of mobile apps for healthcare industry is rapidly increasing.

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