Topic

Healthcare companies are increasingly offering digital product and service offerings, but many do not have comprehensive safeguards to protect sensitive health information.

April 6, 2021

Cybersecurity in Health Care

To mark World Health Day 2021, ISS ESG publishes a new report entitled “Cybersecurity in Health Care”. Below is an excerpt from this paper. The full paper is available for download from the Institutional Shareholder Services (ISS) online library.

KEY TAKEAWAYS

  • Companies in the Health Care Equipment & Services industry are offering a growing number of digital products and services, and the COVID-19 pandemic has accelerated the trend. This development is corresponding with increased levels of cybersecurity attacks, however.
  • Health Care Equipment & Services companies are lagging behind in their management of information security risks. While the majority of companies implement individual elements of an information security management system, many companies do not have comprehensive safeguards to protect sensitive health information.

By:

Allison Marill, Research Analyst, ISS ESG
Jasmin Schnarr, Senior Associate, ISS ESG

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