Medical Device Security - EY
Diagnosing and addressing cybersecurity challenges in the health and life sciences sectors used to be more straightforward. But with the explosive growth of internet-connected medical devices, the cyber risk landscape has changed dramatically. The smart medical device market is projected to surpass $125.5 billion by 2033, and with that growth comes increasing exposure — from outdated legacy systems to insecure third-party components. As more organizations adopt direct-to-consumer models and expand remote patient care, the opportunities for innovation also create a wider attack surface. Many organizations remain unprepared for the evolving threats that can lead to operational disruption, reputational harm, financial loss, and — most critically — risks to patient safety. It’s time for leaders to act. Understanding how connected medical devices reshape cyber risk is now essential, and adopting a “secure by design” approach is the best path forward.
Medical Device Security - EY