The advancements in technology have revolutionized the way the healthcare sector functions. While this has led to improved diagnostic techniques, non-invasive procedure, 24-hour monitoring, telemedicine, etc. This has exposed the healthcare sector to tons of cyber threats and vulnerabilities. . Hence, cybersecurity is of utmost importance in the healthcare sector, as various hospitals, healthcare departments, and pharmaceutical companies continue to endure from malware attacks, data breaches, monetary frauds, loss of patient data, and so on.

Healthcare providers need a robust advanced cyber threat security and IBM QRadar SIEM is a hot pick.

Most cybercriminals use advanced attack tactics. This is why hospitals ought to have advanced threat protection strategy in place.

IBM QRadar (SIEM) offers the right layer of protection against coming-of-age attacks and novel multi-prong attacks while providing real time threat intel.

Are you intrigued to know how IBM QRadar offers advanced cyber threat protection and why most healthcare organizations prefer it?  Read on to find out.

Why cybersecurity is the need of the hour for hospitals?

While digitization has eased the life of patients as well as healthcare professionals, it has also made them vulnerable to information theft. A potential breach in a healthcare organization can leave sensitive patient data vulnerable leading to faulty diagnostic reports, patient information, and other confidential information.

While many hospitals implement firewalls, which is often outdated. Telemedicine is equally at the risk of cyberattacks. Most healthcare companies such as biotech, pharmaceutical, biomedical devices, hospitals, and so on, have multiple offices, which are connected through a network. Their data may be stored locally as well as on cloud. Thus, it is essential for hospitals to have a robust cybersecurity plan in place to secure all wireless networks, endpoints, and so on.

Data Reflecting Cybersecurity in Healthcare Sector:

There have been several data breaches and other types of cyberattacks in the healthcare sector in the recent past. The following are some of the lethal ones:

• According to a report by Market Data Forecast, the cyber security market for healthcare is projected to grow at over 17% over the next five years with the current market size being $10.84 billion.
• The increasing yearly growth in cyberattacks in this sector, especially in biotech, hospitals, and telemedicine has hugely driven the growth of the healthcare cyber security market.
• According to a report, almost 31,611,235 records suffered data breaches in 2020 across North America and Europe.

Types of Cyberattacks in Healthcare Industry:

1. Phishing:

This is a technique of cyberattack, which uses unauthorized attempts to get user names and passwords, OTPs, and so on to patient data.

2. Distributed Denial of Service (DDoS):

Here, network access is denied to a user on their computer or a handheld device. This poses a huge risk, as it becomes difficult to access networks for sending and receiving various reports, patient information, online consultations, and so on.

3. Ransomware:

This is a major cybersecurity issue in hospitals. Malware makes your files and data inaccessible to you until the hacker’s conditions are met. This is mostly done for monetary gains. A user can accidentally clicks on a phishing email and it gets downloaded.

4. Insider threats:

As the term implies, this threat is from someone internal to the organization. While most security software block outside data and emails, such as internal threat may be totally skipped.

5. Spyware and malware:

A malicious software gets downloaded into a user account or emailed by accidently clicking on a dubious link from unknown/suspicious email. Malware can access, manipulate, or delete files in your system.

Why Futurism Eagle Eye for Healthcare Industry?

Futurism Technologies Inc. is a trusted IBM Silver Business Partner helping enterprises across the world adopt market-leading IBM security technology with its licensing and proprietary cybersecurity service offering – ‘Futurism Eagle Eye’, an advanced threat protection service offering powered by IBM QRadar. Eagle Eye offers the right layers of security skills and resources to keep advanced threats and risks at bay.

Futurism partners with IBM to help healthcare organizations extend the value of IBM security right into the fabric of core business operations. ‘Eagle Eye’ is an integrated managed SIEM service offering powered by IBM QRadar that helps hospitals in extending the power of IBM security products to drive technology-driven enterprise-grade security. IBM QRadar safeguards healthcare organizations against various forms of cybercrimes. Here’s how IBM QRadar in healthcare industry is a hot-favorite:

• IBM QRadar offers up-to-the-minute protection against advanced and sophisticated threats including multi-prong attacks and new strands of Ransomware.
• Eagle Eye helps hospitals leverage the unparalleled power of IBM QRadar to identify suspicious and anomalous communication as well as connection patterns, malicious sites, emails, processes, and more by scanning through the network accurately and rapidly.
• Eagle Eye offers insider threat detection, which comprises behavioral analytics and pre-configured alerts for hijacked accounts.
• Eagle Eye for healthcare industry helps to determine the most well planned and sophisticated threats, abnormal authentication behavior patterns such as unauthorized access, brute force attacks, password manipulation, hacking through rogue systems and protocols, and so on in real time and triggers alerts immediately.
• It helps your security team detect abnormal cloud workload and usage, multi-vector attacks, misconfigurations, and so on.
• It helps to identify DNS, phishing, and PowerShell attacks as well as encrypts exfiltrated data and monitors network traffic during large volumes of data transfers.
• It offers complete protection to critical data, and prevents unauthorized attempts by identifying users and applications, which are a part of network communication.
• It assures better endpoint detection and response (EDR) integration.

IBM QRadar for hospitals help mitigate a number of cyber threats including advanced threats. As the requirements of a hospital would be different from that of a pharmaceutical company or a supplier, we at Futurism can customize our offering to help you make the most out of IBM QRadar for hospitals.

Futurism Technologies is a leading Global IBM Security Solutions Partner helping businesses adopt industry-leading IBM security technology with its proprietary and licensing cybersecurity service offering named – ‘Futurism Eagle Eye’, an advanced threat protection service offering powered by IBM QRadar. Futurism Eagle Eye provides hospitals with the right layers of security resources and skills to keep novel threats and risks at bay.

Get in touch with one of our security experts to help us customize a security offering that fits your hospital’s security needs. Learn more about Futurism Eagle Eye cybersecurity solution for hospital here. Book a FREE consultation today.