The integration of the Internet of Medical Things (IoMT), IoT, Electronic Medical Records (EMR), and implantable devices in healthcare has significantly heightened the risk of cyberattacks, leading to an alarming increase in Personal Health Information (PHI) breaches. These breaches not only cause large financial costs but also adversely affect the health outcomes of the populations relying on compromised healthcare systems. The recent rapid adoption of AI and wireless networks introduces additional vulnerabilities, further compounded by human errors, which remain a major risk factor. The healthcare sector’s cybersecurity challenges are exacerbated by insufficient funding, resulting in outdated technology and a lack of maintenance. The COVID-19 pandemic has further spotlighted these security inadequacies due to the accelerated deployment of IoMT technologies. To mitigate these risks, this paper advocates for the implementation of regular software/devices updates and patching, enhanced data encryption, and comprehensive training for medical personnel.