The healthcare sector has become a major target of cyberattacks. Since electronic medical devices (EMDs) are prone to cyberattacks, measures are needed to ensure the smooth operation of systems and safe storage of data. The EU-funded HEIR project will design a complete threat identification and cybersecurity knowledge base system for local and global applications. The system comprises real-time threat hunting services supported by innovative machine learning technologies, reliable sensitive data sharing through the HEIR privacy-aware scheme, and advanced benchmarking based on the measurement of Risk Assessment of Medical Applications score. It will also establish the Observatory for the Security of Electronic Medical Devices that will be accessible by different stakeholders, offering advanced visualisation and awareness on EMD-related threats.