Healthcare organizations are increasing funding for cybersecurity and focusing on better educating staff. Key areas to focus on include vendor risk, risk assessment, and breach response. Vendor self-certification to third-party risk assessment standards can help mitigate risk. Organizations should also conduct regular risk assessments and prioritize systems based on the amount and sensitivity of data they handle. Lastly, emergency procedures should be tested and staff should be drilled on breach response protocols.

Health Information Exchange Market Expected to Reach 2 Billion With CAGR of 11% by 2028 by 2029
The Health Information Exchange (HIE) market, playing a critical role in facilitating healthcare data sharing among providers, is projected to be worth $2 billion by