The Australian federal government has granted $6.4 million to CI-ISAC Australia to strengthen cyber security in the healthcare sector. The investment will fund the creation of the Health Cyber Sharing Network, enabling healthcare entities to safely share industry-specific threat intelligence. The move comes amid a rise in healthcare cyber-attacks, with data breaches in this sector being notably costly.
Soaring Cyber Threats Drive Global Healthcare Cyber Security
The global healthcare cyber security market is estimated to grow from $23.12bn in 2024 to $27.53bn in 2025, with the CAGR projected to be 19.1%.
