According to ABI Research, cybersecurity for healthcare protection will only be worth $10 billion by 2020, while other sectors such as financial and defence are coping.
ABI said “the healthcare industry is drowning” because of attacks from malicious online agents and a lot of companies and organisations in the sector are failing to modernise to take account of current threats.
Michelle Menting, a practice director at ABI, said: “Cybersecurity for healthcare is still a small fragmented market but the potential opportunities for expansion are large and will continue to grow as healthcare organisations increasingly come under cyberfire.”
She said a few startups such as TrueVault and FireHost are targeting the healthcare sector and building a niche for themselves. There are also managed services and cloud apps from companies like NetFortris and ID Experts.