The Global Medical Device Security Market is predicted to grow at an 8-10% CAGR by 2027, driven by the increased use of connected and wearable medical devices, cyber threats, a growing elderly population, and increased chronic illness. However, limited budgets for healthcare device security may hinder growth. Industry players are using aggressive strategies including product enhancements, new launches, collaborations, and acquisitions to establish market dominance.

Rest, AustralianSuper Among Funds Hit By Cyberattack
Australia’s largest superannuation funds, including AustralianSuper, REST, Australian Retirement Trust, and Hostplus, have suffered from a coordinated cyber attack, with around 8,000 accounts breached. Hackers