| | November 20176UTLOOK Healthcare Tech CIOReview's circulation is audited and certified by BPA International (Audit Pending). Copyright © 2017 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.NOVEMBER - 2017Mailing AddressValleyMedia Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510-230-0395, F:510-894-8405 November - 2017, volume 02 - 10 Published by ValleyMedia Inc. To subscribe to HealthcareTech OutlookVisit www.healthcaretechoutlook.com Managing EditorAlex D'souzaEditorial StaffSalesEileen SinghJoe Philip Laura PintoMatthew JacobMerlin WatsonRussell ThomasVisualizerS NityaHealthcare IT Security SpecialSamuel Josephsamuel@healthcaretechoutlook.com510.972.5013UTLOOKHealthcare Tech UTLOOKHealthcare Tech EditorialAlex D'souzaManaging Editoreditor@healthcaretechoutlook.comHealthcare organizations face numerous security risks, from ransomware to inadequately secured IoT devices and, of course, the ever-present human element. Coupled with HIPAA and other regulatory requirements that make securing protected health information (PHI) paramount, healthcare organizations have no shortage of serious security considerations that must be adequately addressed to ensure patient privacy and safety. With technological advancements there is an increase advanced cyber warfare using SQL injections, advanced persistent threats (APT), zero day attacks, and advanced malware--cyber attacks were focused on stealing, financial information, billing information, and bank account numbers using stolen devices with un-encrypted data, phishing and spam mails. Lack of adequate IT spending by healthcare organizations and lack of awareness about cyber crime have exposed the vulnerabilities of healthcare organizations. The overall impact of attacks on the hospitals and healthcare systems is estimated to be nearly six billion per year. Global healthcare cyber security market size is expected to reach nearly USD 10,848.87 million by 2022, according to a new report by Grand View Research, Inc. Key factors attributing to the growth of the market include the increasing incidences of cyber attacks for misuse of electronic patient health records (E-PHR), social security records, IP theft, and others.The hospitals in order to establish and maintain a security management program are implementing security management plans and are working towards establishing a staff orientation and education program with performance monitoring provisions and program review. Emergency security procedures are also being incorporated to address actions in the event of a security incident or failure, handling of civil disturbances. Alongside with the involvement of third party vendors the security vulnerabilities are increasing. These vendors go a long way in the fight of how to prevent data breaches. When hospitals outsource any task, they need to keep in mind how the patients' information are at risk, hence choosing the right vendor is very important. It's critical that any vendor with access to a medical institutes patients' private and sensitive information has the correct security measures in place to protect the patient's' privacy. We bring forth a list of some of the most trusted solution providers who can enhance security and take healthcare to the next level.Future Proofing Healthcare*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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