Remove 2029 Remove Banking Remove Healthcare
article thumbnail

The Rush to SaaS Modernization Can Result in Reputational Damage

CyberSecurity Insiders

That’s why the SaaS market is projected to grow from $251 billion in 2022 to $883 billion by 2029. HIPAA laws require US healthcare facilities to notify prominent media outlets when breaches impact more than 500 patients. However, there is a dark side to SaaS applications. The impact these disclosures have on companies is severe.