In HeathTech apps, it’s often the case that you’re dealing with private or health-related data. This requires compliance with regulations, such as HIPAA in the United States. These regulations force you to handle sensitive data in a well-defined manner, so only specific people can read it, and if they do, it should be logged for later auditing.
Companies deal with high volumes of data every day. In fact, 51% of businesses realize a positive difference in their bottom line by using their business intelligence (BI) to predict customer trends. According to one source, the BI market may reach close to $30 billion before the end of 2022. With so much money going into data management and so much resulting from it, the need for effective cybersecurity measures continues to grow by the day.