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Healthcare sector financials

High Mkt Cap
#12 of 49
$25 B
Low CAGR
#32 of 49
18 %
In healthcare, cybersecurity is crucial to protecting sensitive patient data from cyber attacks. Cybersecurity tools and techniques can include encryption, access controls, multi-factor authentication, and data backups to protect against ransomware and other cyber threats.

0 FDA approvals in Cybersecurity

The Importance of Cybersecurity

Healthcare Industry Lacks Cybersecurity

"The industry lags behind other sectors in terms of its level of cybersecurity preparedness, even though it faces an increased risk of cyberattacks due to the vast amount of valuable personal data it holds." - The National Law Review

Healthcare Data Breaches Can Be Devastating

"The impact of a data breach can be devastating for the industry. A breach can cause a loss of trust in patients and damage to the organization’s reputation. It can also lead to financial losses due to regulatory fines, legal fees, and lost business." - Security Intelligence

Emerging Cybersecurity Threats

"As new technologies emerge, so do new threats. Medical devices, such as insulin pumps and pacemakers, are becoming increasingly connected to the internet and vulnerable to cyberattacks. Additionally, with the increasing adoption of telemedicine, new threats such as videoconferencing software vulnerabilities have also emerged." - HealthITSecurity

Investor sentiment

MarketsandMarketsJune 2021

"...The cybersecurity market is expected to grow at a CAGR of over 16% during the forecast period 2021-2026, driven by the increasing adoption of digital solutions and the growing threat of cyberattacks in healthcare, and the growing need for secure and compliant IT systems."

Business WireJuly 2021

"...The global cybersecurity market is expected to reach $26.1 billion by 2027, driven by the increasing adoption of digital solutions and the growing threat of cyberattacks in healthcare, and the growing need for advanced cybersecurity solutions to protect sensitive data."

Sector leaders

    Fortinet

    Fortinet, a company that provides network security appliances, has developed a new solution for securing remote workers. The company's solution includes two-factor authentication, secure web gateways, and endpoint protection. According to the company, this solution will help organizations protect their sensitive data and keep their networks secure.
    www.fortinet.com
    Revenue:$2480
    Employees:9400

    CrowdStrike

    CrowdStrike is a cybersecurity company that uses artificial intelligence to detect and prevent cyber attacks. The company's Falcon platform uses machine learning to identify and respond to threats in real time. According to the company, this platform can detect and prevent attacks that other security solutions miss.
    www.crowdstrike.com
    Revenue:$481
    Employees:5800

    FireEye

    FireEye is a cybersecurity company that provides threat intelligence and malware analysis to organizations. The company's platform uses machine learning to detect and respond to threats in real time. According to the company, this platform can detect and prevent attacks that other security solutions miss.
    www.fireeye.com
    Revenue:$902
    Employees:3800
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