IoT and cloud adoption will boost cybersecurity investments toward $8.7B by 2023

Healthcare IT News: The cybersecurity landscape is changing fast as hospitals and health systems continue to adjust to the new realities of data management and protection and invest in new technologies accordingly, a new study from Frost and Sullivan shows.

The market is poised for continued big growth, and could reach $8.7 billion by 2023, say researchers – driven largely by new purchases and deployments as healthcare organizations realize that emerging tech such as internet-of-things, cloud hosting and artificial intelligence are only adding to the complexity of safeguarding patient data.

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