How to Combat the Security Risk of Healthcare IOT Security

In the healthcare sector, the Internet of Things (IoT) offers a plethora of benefits, ranging from monitoring patients more closely to using data to gain insights on patient care – and the usage of these connected devices is growing. The global medical device market is expected to reach an estimated $409.5 billion by 20231, and it is forecast to grow at a CAGR of 4.5% from 2018 to 2023.  But unfortunately, the rise of IoT has also led to the rise inanimate devices being used to hack systems, which can have a catastrophic effect. With the use of IoT-based monitoring equipment, such as devices that dispense pulmonary medication, hacking can kill.

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