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ARTICLE · 27 MAY 2022

Market Intelligence Thought Leadership Award Winner

Why healthcare is a red-hot cybercrime target

Healthcare providers often share vast amounts of sensitive, time-critical information over aging and incohesive systems.

AustraliaTechnology

Industry providers must act now to deflect the damage of data breaches

Cyber breaches are rising across Australia's healthcare industry faster than many others.

Yet this increasingly vulnerable sector stands apart for the dangers such attacks can pose to human life.

Cybercriminals are attracted by healthcare's large attack surface, one filled with sharing vast amounts of sensitive, time-critical information over largely aging and incohesive systems. But despite this worrying rise in attacks and the ramifications, healthcare sector managers continue to resist new government measures requiring mandatory risk management programs and reporting.

Cost, of course, is the primary argument agencies are using against the new regulations. Yet this argument needs to be reframed through the lens of much larger financial losses suffered because of a cyber attack. For the truth is, costs of mitigation strategies are relatively minor when compared to the

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