In simple terms, an API economy describes the process used by a business or enterprise to connect it’s customer interfaces with technology and software components already used internally for business practices. It requires effective management in order to achieve a smooth transition to integrate the two together.
When it comes to dealing with a data breach, it isn’t so much as if it will happen, as it is when. Studies have shown that one in four health care organizations have experienced a breach. And even if perfect security could be achieved, there is still the risk of someone with legitimate credentials accessing the data and using it inappropriately.