Why it's crucial that the healthcare industry makes hires to combat cybersecurity

As more and more cybersecurity breaches occur and make consumers worldwide anxious about what companies are doing to protect their data, it’s imperative that businesses in the healthcare industry protect their clients’ information.

The cybersecurity market for health systems in the U.S. has already been valued at $8.2 billion in 2018, according to Business Insider. Notably, it’s expected to grow by 19% over the next six years. The article, which cites information by Global Market Insights, added that “the report claims the steady rise in cybersecurity will be fueled in part by hospitals' sustained migration of on-site data to the cloud.”

Although the market is expanding, Business Insider notes that there simply isn’t enough funding in the industry to keep up with the demand.

That’s where hiring best practices come into place. If you’re a business leader in the healthcare industry, you must find top talent to fill headcount at your organization around ensuring cybersecurity best practices.

After all, hacks are truly becoming more commonplace, meaning patients are having their valuable information exposed more and more often. “Healthcare data breaches are on the rise — and they're dragging on health firms' revenue,” according to Business Insider. “While healthcare firms spent more than any other industry on cybersecurity in 2018, twice as many US patients have had their data exposed in a healthcare breach so far this year — a total of 32 million — than the number of individuals affected in all of 2018.”

This produces a huge cost for healthcare firms. In fact, they need to pay as much as $400 per each record that’s hacked, according to the publication.

To prevent this from happening at your own organization, what can you do? First, it’s important to determine what your firm’s cybersecurity needs are first and foremost, according to CIO.com, a publication that focuses on the intersection of technology and business. “This could mean recruiting specialists to help you strengthen specific areas of your security strategy or taking a long-term approach and hiring talent that can help you mitigate the risks of the future and remain one step ahead of the curve,” according to the publication.

When it comes to hiring cybersecurity workers in a field as important as the healthcare industry, you need to make sure you hire in a comprehensive fashion and cut down on any vulnerabilities at your firm. “Make sure you hire strategically, covering all your security bases rather than over-hiring in one area whilst leaving several others open to risk,” the article notes.

A second piece of advice to follow? Try to look beyond just traditional qualifications. “As far as cybersecurity is concerned, experience is often more valuable than qualifications alone,” according to the publication. Therefore, keep an open mind when searching for candidates to recruit and eventually interview.

For example, if someone has tons of experience preventing hacks or shoring up security efforts due to pure skill (and can discuss their abilities well), you should give them a shot. Try to “keep the amount of required skills or qualifications to only what is absolutely necessary.”

In conclusion, the healthcare industry is suffering more cybersecurity attacks than in the past thanks to savvy hackers, who make millions of dollars on the backs of victimized patients. In order to combat this, have a keen understanding of what you need to protect yourself from security breaches and look beyond traditional hiring methods to source the very best candidates.