Cyber Security & Internet of Medical Things (IoMT)
With the growing IoT (Internet of Things), the IoMT (Internet of Medical Things) has brought significant change to healthcare. IoMT involves a network of connected medical devices, like wearables, implantable devices, and health apps, which can send patient data online. While IoMT offers benefits, it also brings serious cybersecurity risks that need addressing to protect patient privacy and safety.
Get Free Access to Report: Cyber Breaches in Industry
Fast-track your search with instant quotes from prominent insurers
Get ₹5 Lakh cyber protection cover at ₹2/day+
Get ₹5 Lakh cyber protection cover at ₹2/day+
Thank you for showing your interest in cyber-insurance. Our relationship manager will call you to discuss the details and share the best quotes from various insurers. In case you have any query or comments, please contact us at corporateinsurance@policybazaar.com
Fast-track your search with instant quotes from prominent insurers
Expert advice
Buy right
Instant policy
Quick & Hassle free
Dedicated team
Speedy Claims
Get Free Access to Report: Cyber Breaches in Industry
Cyber Security & Internet of Medical Things (IoMT)
The Significance of Cybersecurity in IoMT
Cybersecurity is paramount in IoMT due to the increased interconnectedness of medical devices, which presents a broader attack surface for potential exploitation by cybercriminals. Unlike conventional standalone medical devices, IoMT devices are frequently connected to the internet and other devices, rendering them susceptible to cyber threats.
Cyber attack on devices of IoMT can lead to serious problems like device issues, data breaches and even harm to patients.
Furthermore, because medical data is valuable to cybercriminals, IoMT devices are attractive targets for data theft. Stolen medical data can be used for identity theft, insurance fraud or illegal selling. Protecting patient privacy and safety requires strong cybersecurity measures.
Challenges in Securing IoMT
Securing IoMT devices is a multifaceted task due to various challenges. A primary challenge arises from the diversity of devices and systems within the IoMT realm. IoMT encompasses a wide array of devices, including wearables, mobile health apps, and implantable devices, each operating on distinct systems and security protocols. This diversity complicates the development of a universal security protocol that can effectively protect all IoMT devices.
Additionally, many IoMT devices possess limited computing power and memory, rendering the implementation of complex security measures a challenge. These devices often cannot run encryption or authentication protocols, rendering them susceptible to potential attacks.
Another challenge stems from the lifecycle of IoMT devices. Medical devices typically have longer lifespans than consumer devices, meaning that security protocols designed at the time of manufacturing may become outdated over time. Thus, securing IoMT devices requires a continuous process of updates and patching to ensure ongoing security.
Best Practices for Securing IoMT
Several best practices can enhance the security of IoMT devices. The foremost approach is to incorporate security into the design of IoMT devices from the outset. Manufacturers should treat security as a fundamental aspect of device design, integrating security protocols and encryption algorithms into the devices during the development process.
Another vital best practice is the implementation of robust access control mechanisms. Access to IoMT devices should be restricted to authorized personnel, with access being based on user roles and privileges. This approach minimizes the risk of unauthorized access to sensitive patient data.
Data encryption for information transmitted from IoMT devices is another critical best practice for enhancing IoMT security. Encryption safeguards patient data during transmission, making it more challenging for cyber criminals to intercept and steal the information.
Frequent updates and patching for IoMT devices are crucial for sustaining security. Manufacturers should create a reliable system for consistently providing software updates and patches. Healthcare providers, on the other hand, must ensure that their IoMT devices stay current with the latest software versions and security patches.
How does Cyber Insurance Help in Securing IoMT?
Cyber security insurance plays a pivotal role in securing the Internet of Medical Things (IoMT) by offering a safety net for healthcare providers. It not only provides financial protection in the wake of cyber incidents but also promotes proactive cybersecurity measures.
Insurers often assess an organization's security practices, incentivizing the adoption of robust safeguards. Moreover, cyber insurance policies commonly include incident response services, ensuring that healthcare providers are well-prepared to address breaches efficiently.
By offering a combination of financial support and risk mitigation, cyber insurance strengthens the security of IoMT, protecting sensitive patient data and enhancing the overall resilience of healthcare organizations.
Conclusion
IoMT holds immense potential for revolutionizing the healthcare industry by enabling remote patient monitoring, enhancing patient outcomes, and reducing healthcare costs. However, ensuring the security of IoMT devices is a crucial element in protecting patient privacy and safety. Manufacturers and healthcare providers must prioritize cybersecurity within the IoMT realm and implement robust security protocols to prevent cyberattacks and data breaches. By doing so, IoMT can continue to advance healthcare while upholding the highest standards of patient privacy and safety.
Disclaimer: Above mentioned insurers are arranged in alphabetical order. Policybazaar.com does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.
Global Cyber Threats: India Emerges as a Key Target in 2024
According to a report by cyber intelligence firm CloudSEK, India ranked as one of the top nations globally affected by cyberattacks in 2024, with 95...Read more
Payment Gateway Company Reports Massive ₹16,180 Crore Cyber Theft
In a startling revelation, the Thane Police have exposed a massive cyber heist, with cybercriminals pilfering an astonishing ₹16,180 crore. This...Read more
Cybercriminals Target Former Union Minister Dayanidhi Maran's Savings...
In a concerning development, cybercriminals managed to siphon off ₹99,999 from the personal savings account of Dayanidhi Maran, the former Union...Read more
Mumbai Police Nab Four Cyber Fraudsters in Extensive 22-Day Operation
In a 22-day operation spanning four states, including Uttar Pradesh, Rajasthan, Delhi and Madhya Pradesh, a Mumbai Police task force comprising seven...Read more
India Grapples with Mounting Cybersecurity Risks, According to Palo...
India is confronting a significant threat of cyberattacks aimed at its critical infrastructure, public sector, and essential services, as per a report...Read more
Pune-Based Engineering Supplies Firm Loses Over 22 Lakh in Cyber Scam
Pune City police uncovered a suspected 'man-in-the-middle' cyber attack that cost a Pune-based engineering supplies firm more than 24,000 Euros...Read more
AIIMS Delhi Hit by Cyber Attack for Second Time in a Year
All India Institute of Medical Sciences (AIIMS) in New Delhi faced a new cyberattack on Monday. The premier medical institution promptly responded...Read more
Mumbai Woman Falls Victim to Cyber Fraudsters While Helping an...
A Mumbai woman's act of kindness towards an injured bird took an unexpected turn when she became a target of cyber fraud.Dhwani Mehta works at Famous...Read more
Scammers Exploit 'Man-in-the-Middle' Technique, Pune Construction...
Prominent Construction Technology Company falls victim to cyber attack, losing Rs 13.8 Lakh in Pune, India. The investigators described it as a...Read more
Reddit Hacked in a Targeted Phishing Attack
Finance minister Nirmala Sitharaman presented the Union Budget FY 2023 on February 1, 2023. Christopher Slowe, CTO of Reddit, revealed the company was...Read more
FM Nirmala Sitharaman announces Set up of 3 Artificial Intelligence...
Finance minister Nirmala Sitharaman presented the Union Budget FY 2023 on February 1, 2023. The Finance Minister announced the establishment of 3...Read more
Cyber Fraudster Target Customer under Disguise of Insurance Officer
Cyber fraudsters are targeting customers under the disguise of not a bank official but an insurance company official. In one such event, a 67 year old...Read more
Sensitive Data of 6 Lakh Indians Stolen by Hackers and Sold at Rs...
Out of 5 million people globally, 6 lakhs Indians have had their sensitive data stolen and sold on the bot market making India, the worst affected...Read more
AIIMS Cyber Breach: Attackers Demand Rs 200 Crore in Crypto
All India Institute of Medical Sciences, New Delhi, India reported a cyberattack on November 23, 2022. Later, the statement released by AIIMS said that...Read more
Cyber Criminals Sending Phishing Links to Twitter Users
Cyber criminals are targeting twitter Verified Twitter user by sending them phishing links. The cyber criminals send the phishing link to steal their...Read more
The representatives at PolicyBazaar were knowledgeable, patient and genuinely committed to helping me find the best insurance policy for my requirements. They took the time to answer all my questions and provide valuable guidance, ensuring that I had a thorough understanding of the coverage details and terms. THANKS.
Agra
4.3 October 06, 2022
Amit
Quick And Hassle Free
After seeing a rise in cyber attacks in many of the companies, i decided to purchase a cyber insurance policy for my start up. I went on the Policy Bazaar website and learned about the coverage in detail and purchased it from their website only. It was quick and hassle-free purchase.
Nashik
4.5 October 04, 2022
Pinku
Paperless Process
We bought the contractual liability insurance from policybazaar and received the best overall package. The process was paperless as we applied for insurance online and the support was amazing.
Surat
4.5 October 03, 2022
Aashish
Extensive Coverage
We thoroughly checked all the benefits and features and decided to buy a contractual liability policy from Policybazaar. It provides all the necessary features to safeguard our business against any loss.
Ahemdabad
4.5 October 02, 2022
Nishant
Easy To Buy
It was easy to buy insurance from Policybazaar and customer support was also amazing to clear all the doubts. Contractual liability insurance is essential for my business and I could not get a better deal than this.
Udaipur
4.5 October 01, 2022
Puneet
Easy Plan Comparision
An ideal Contractual Liability Insurance policy purchased to protect our business that we ecounter in our everyday operations. Policybazaar offers a platform to compare multiple plans.
Assam
4.5 September 30, 2022
Govind
No Broker And Paper Work
Great experience at Policybazaar. We did not know that buying Contractual Liability Insurance could be that easy. Also there is no broker and paperwork.
Jharkhand
4.8 September 29, 2022
Rinku
Perfect Insurance Coverage
I purchased Contractual Liability Insurance from Policybazaar and the coverage they provided is perfect to keep my hardware business safe various unforeseen instances.
New Delhi
4.5 March 18, 2022
Ishan
Cloud Storage Cover
I wanted to purchase a cyber insurance policy could provide coverage for the data stored in cloud network. I went on the Policybazaar website and look up for plans that would provide me with this coverage. I compared different plans and in a matter of minutes i found the right cyber insurance plan that would fit my requirement.
Ajmer
4.5 March 17, 2022
Anurag
Good User Interface
I was looking for a cyber insurance policy online. After looking for the insurance plan online I landed on the Policybazaar website. Trust me, the user interface of the website is so good that i was able to locate the cyber insurance plan and purchase it in not more than 10 minutes. Thanks Policybazaar.
+Premium varies on the basis of Occupancy, Business Activity & Coverage Type By clicking on "View Plans" you agree to our Privacy Policy and Terms Of Use and also provide us a formal mandate to represent you to the insurer and communicate to you the grant of a cover. The details of insurance coverage, inclusions and exclusions are subject to change as per solutions offered by insurance providers. The content has been curated based on the general practices in the industry. Policybazaar is not responsible for the factual correctness of these details.
Ab suraksha aur bachat ek sath
Compare & Save up to 85%+
Premium starting from
@ ₹890/year+
Get an expert advise
Wait!!Affordable Cyber protection is just a click away!
Get ₹5 Cr cover starting
@ ₹4.13L/year+
Ransomware
Data breaches
Multimedia liability
Breach costs
Get an expert advise
Suno!Apki dukaan ki suraksha, bas ek step door!
Get ₹50L cover starting
@ ₹3500/year+
Get an expert advise
Just a moment!
1 oversight can result in costly lawsuits
Get ₹1 Cr cover starting
@ ₹2500/year+
Get an expert advise
Can your business afford to rebuild after a fire?
Compare & Save up to _ _%*
Get ₹50 Lakh cover starting
@ Just ₹3,400/year
Repair costs
Fire damages
Replacement costs
Natural disasters
Get an expert advise
Hey! Leaving already?
If you are confused about Liability Insurance,
we can help you out.
Find about coverages, benefits and savings..
Hold on!Before you sail away..Compare plans & save upto
Protect your goods from
Theft or malicious damage
Collision or fire accident
Loss while loading & unloading
Your call has been scheduled successfully.
Expert advice made easy
Date
Time
When do you want a call back?
Today
Tomorrow
17 Jun
18 Jun
19 Jun
20 Jun
21 Jun
What will be the suitable time?
11:00am - 12:00pm
12:00pm - 01:00pm
01:00pm - 02:00pm
02:00pm - 03:00pm
03:00pm - 04:00pm
04:00pm - 05:00pm
05:00pm - 06:00pm
Tell us the number you want us to call on
Your privacy matters. We wont spam you
Call scheduled successfully!
Our experts will reach out to you on Today between
2:00 PM - 3:00 PM
Expert advice made easy
