Using large datasets, the medical industry has adopted artificial intelligence and machine learning to solve everything from patient care, medical imaging, diagnostics to genetic analysis to drug research and development. This important and valuable data must be processed with great care and stored securely in order to comply with government regulations and protect patient confidentiality.
Proper processing and storage of this data is a concern for many in this sector. According to a recent survey by Dell Technologies1, 74% of healthcare industry decision makers say they are having a hard time finding suitable data protection for AI and machine learning solutions. These evolving technologies have contributed to an ever-growing dataset, and Statista reports that the total amount of data consumed worldwide will increase from 64.2 zettabytes this year to 180 zettabytes in 2025.2..
Data faces a variety of threats, from cyber attacks to human error and technical glitches. Spillover occurs when a business does not have access to the data that drives its business services. Departments can’t function, money is lost, and IT teams need to bring down tools to bring the system back online.
IT leaders are changing their mindset to act as if cyberattacks and downtime are inevitable threats, with 62% of respondents participating in the Dell Technologies Global Data Protection Index.3 The survey is concerned that a catastrophic event will occur in the next 12 months and 65% are not confident that they will be able to recover business-critical data.
However, proper data protection strategies and recovery solutions can protect and keep this valuable data safe. We’ve outlined three steps to success so that IT leaders in the healthcare industry can understand how to navigate data management.
1. Build a proper foundation
Data management is a barrier faced by all IT teams. With pressure on legacy infrastructure systems, the healthcare industry is looking for new as-a-service (aaS) cloud-based solutions that can be easily scaled up or down as needed and managed externally.Dell Technologies Data Paradox ResearchFour Fifty-nine percent of the health leaders surveyed found that they were planning to move to a data aaS model, and 48% believe that the aaS model would prevent the suppression of older infrastructure.
In industries that manage sensitive data, such as electronic medical records, scheduling, payments, and billing systems, IT managers, healthcare professionals, and patients need to be reassured that data is essential to their day-to-day operations. I have. Their business is safe and easy to recover.
Platform as a service such as Dell Technologies APEXFiveCombines cloud flexibility with data center security to help IT teams focus on innovation. Turnkey solutions are managed remotely, freeing up valuable resources and allowing you to focus on improving patient care and developing apps that help you with critical research and development (R & D). This easily extensible model means paying only for what you use, providing cost-effectiveness and transparency.
2. Focus on risk mitigation and resilience
Six out of ten healthcare professionals plan to monetize their data over the next 1-3 years.6Therefore, implementing a solution that protects this valuable product is essential to achieving your business goals. Today, cyber resiliency needs to be an integral part of the overall business strategy, with a focus on risk mitigation and resiliency, promoted and sponsored at the board level.
According to Cybersecurity Ventures7In 2021, cyber or ransomware attacks occur every 11 seconds around the world, and worrisomely, the medical industry is listed as one of the most affected sectors. Looking at threats near home, Australia reports an average of 164 cybersecurity incidents per day. That is, one incident is reported every 10 minutes.8..
The key to a solid data protection strategy is to incorporate it into your infrastructure and regularly review and fix it to ensure it is suitable for evolving threat situations.In fact, Dell Technologies’ Global Data Protection Index9 Eighty-two percent of respondents are concerned that their existing data protection solutions will not be able to meet all future business challenges, and 62% will not be able to address the threat of malware and ransomware. I’m concerned about this, which shows that you can’t. “Set and forget” with data protection.
3. Understand local and industry regulations
The medical industry faces another unique challenge when it comes to managing data. Data is sensitive, often subject to industry data retention requirements, and adds significant cost overhead to providing medical services. The Dell Technologies Global Data Protection Index revealed that 64% of health leaders are less confident that their current data protection solutions comply with government data regulations.
When choosing to invest in a cloud solution or store your data on-premises, make sure you are aware of industry-specific regulations. Many Australian organizations, including the medical industry, need to begin to become familiar with the critical infrastructure bills that are currently passing parliament. The new law “protects the critical services that all Australians depend on and enhances the security and resiliency of critical infrastructure.”Ten.. As the proposed amendments change more sectors reporting data breaches, the federal government will provide a more coordinated and effective approach to addressing cybersecurity, otherwise serious penalties will be imposed. So what does this mean for businesses? Robust steps should be in place to mitigate the impact of a perceived threat and recover as quickly as possible.
The future of the most valuable assets
As the last 18 months have shown, no one can predict the future. However, understanding how to protect and recover data plays an important role in the success of your business. Outdated IT systems, lack of cybersecurity protocols, reduced IT staff, and sensitive data make the medical industry an attractive target for cybercriminals.The medical industry is estimated to spend $ 125 billion between 2020 and 2025 to modernize cybersecurity capabilities.11..
Over the next five years, data will continue to grow and companies will learn to monetize their data to win the competition. For the healthcare industry, which provides critical services, ensuring the future of data is the key to remaining a trusted and trusted organization for the community.
Three important ways to keep your data healthy
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