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Healthcare Cybersecurity Market Soars: Key Trends and Insights

SecureWorld News

Healthcare cybersecurity is undergoing explosive growth, reflecting both escalating threats and urgent investments to protect patient data and systems. According to a new report, the global healthcare cybersecurity market was valued at US $21.25 billion in 2024 and is projected to reach $82.90 billion by 2033, at a robust 18.55% CAGR.

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Healthcare Now Third-Most Targeted Industry for Ransomware

SecureWorld News

Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.

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What Damage Can Happen If Data Leaks When Quantum Computing Breaks Today’s Encryption

Joseph Steinberg

At some point in the not-so-distant future, quantum computers are going to pose a major threat to today’s encryption mechanisms and encrypted data. To begin with, all of today’s encrypted communications could potentially be at risk of being leaked and abused.

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NailaoLocker ransomware targets EU healthcare-related entities

Security Affairs

NailaoLocker ransomware is a new threat that targeted European healthcare organizations from June to October 2024. The NailaoLocker ransomware does not scan network shares, cannot stop services or processes that could prevent the encryption of certain important files, and does not control if it is being debugged.

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GUEST ESSAY: Securely managing access controls is vital to preserving the privacy of healthcare data

The Last Watchdog

Related: Hackers relentlessly target healthcare providers. However, healthcare data ranks at the top of the list for needing improvements in security and privacy protections. There are many reasons for the vulnerable state of healthcare data. Healthcare data security and privacy is a problem that continues to grow.

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A glimmer of good news on the ransomware front, as encryption rates plummet

Graham Cluley

And boy do we need some good news - amid reports that 389 US-based healthcare institutions were hit by ransomware last year - more than one every single day. No-one would be bold enough to say that the ransomware problem is receding, but a newly-published report by Microsoft does deliver a slither of encouraging news amongst the gloom.

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North Korean-sponsored ransomware attacks target US healthcare companies

Tech Republic Security

Since May of 2021, state-sponsored attackers have been deploying Maui ransomware in an attempt to encrypt sensitive records and disrupt services for vulnerable healthcare organizations. The post North Korean-sponsored ransomware attacks target US healthcare companies appeared first on TechRepublic.