As stated by the reports by McKinsey & Co., India’s healthcare industry is poised to be of the value of USD 55 billion by the year 2050 which is the sixth highest in the world. The thriving healthcare sector is a bright scope for the vast population of service providers of India. When you see there is more money flowing into the industry, it means there are more chances of new jobs and recruitments and building new facilities for better accessibility especially in the rural regions, trials for new and promising drugs.
Like every other industry, big opportunities bring bigger risks involved. This can be especially seen in the healthcare sector. Recently, the news came out where the security firm caught two fake medical practice websites hold, that was able to draw more than 19, 000 hacks over the three months time. To explain this context, Verizon’s annual data breach investigation report considered the matter and conducted a study involving 1360 security incidents from the healthcare sector worldwide. The study was concluded that 58% of the incidents were caused basically by the insiders and the external issues caused 42% of them.
The healthcare industry is the only sector in the world that gets internal threats and that lead to big problems. The healthcare workers were held responsible for included stealing the patient records and sell them on the dark web with the patient data to open credit card lines or even unintentional errors like sending personal healthcare information to the wrong individual or failing to dispose of confidential information securely.
In the previous year, it was reported by the US healthcare industry Cyber Security Task Force that warned the medical fraternity to take the treat of taking things seriously as a matter of critical importance. With the ideologies to begin with the privacy now being made a fundamental right in India, specifically, the Ministry of Health and family welfare has come with a plan titled Digital Information Security in Healthcare Act.
This act will generally regulate the generation, storage, collection, transmission, access and use the digital health data that includes information like the patient’s age, contact information, vital signs, medical histories such as immunizations, allergies, and current and past medications. No matter what, this act can be termed as one of the most beneficial of all the other moves taken by the government so far, and it can be hoped to produce effective results.