The global healthcare Internet of Things (IoT) security market is expected to grow at a CAGR of 19.1%, reaching around $3.56 billion by 2033, bolstered by increased cybersecurity awareness and the adoption of technologies such as 5G. However, budget limitations and a lack of standardized protocols present challenges. Industry leaders like IBM and Microsoft are advancing IoT security, with developments such as AI and ML integration, blockchain, and edge computing emerging as key trends.
HIPAA to be updated with cybersecurity regulations, White House says
The US Department of Health and Human Services (HHS) will propose new cybersecurity rules under the Health Insurance Portability and Accountability Act (HIPAA). These updated