Consumers of any solution expect the solution to function reliably as intended without any unanticipated consequences. The “reliability” and “avoidance of unanticipated consequence” aspects often become an afterthought especially when organizations embark on new innovations and start with a Minimal Viable Product (MVP). Once the basic functional requirements are accepted by consumers, these organizations are pressured to launch these solutions into the market. In digital solu

Product cybersecurity offers an opportunity to further optimize the value-price-cost equation to achieving margin accretive growth.

Cybersecurity has become one of the most significant financial and reputational risks for an organization. Examples of the ever-increasing cybersecurity threats include: More than 22 government entities in Texas, Florida, Maryland and Georgia faced ransomware recently Louisiana declared a state of emergency after ransomware hit many schools HHS/OCR received notification of 351 data breaches in 2018 exposing 13,020,821 healthcare records Almost 120 million new malwares are

Digital innovations using connectivity and technologies like blockchain as well as artificial intelligence (AI) offer promises to transform healthcare. Some claim that these technologies are trending towards the peak of the Gartner’s hype curve, if not already there. In fact, about $2.7B worth of venture investment has gone into AI in healthcare over last 6 years according to Rock Health – just over 10% of all venture dollars invested in digital health during that period. On

People often ask why someone would want to hack into a medical device. The first question, however, should be why Healthcare is the most hacked vertical of all. Experts say that it is easier to penetrate a healthcare organization because of the inherent complexity. But more importantly, the value of health records in the black market is very high. According to a recent article published on CNBC, a health record could fetch up to $1,000, which is almost 40 times the highest v

Security researchers have recently uncovered vulnerabilities in potentially all modern processors, affecting nearly all computing devices and operating systems, known by two names, Meltdown and Spectre. The processors are found in everything from personal computers to medical devices . While there are no known exploits yet, the risk still remains until mitigated by appropriate fixes. In case of medical devices, the risk also depends on the type of device i.e. life supporting

At MediTechSafe, we are focused on building a robust operating solution for managing security of the medical devices. As described in a recently published MediTechSafe whitepaper , this needs a holistic approach. While operationalizing the changes required to secure the devices is a very important preventive approach, knowing where the sources of vulnerabilities is just as important to bring visibility into the enterprise risk status and prioritizing the efforts to remediat

Here is a paragraph from a recent article, “ Fears of hackers targeting US hospitals, medical devices for cyber-attacks ”: “The popular TV show “Homeland” included a scene where the president’s pacemaker was hacked, and [cybersecurity] researchers say that threat is very real . So much so, that former Vice President Dick Cheney revealed on CBS's "60 Minutes" in 2013 that he had the wireless capability on his pacemaker turned off. ” In today’s environment where hospitals fa

Cyber attacks and data breaches in healthcare are on the rise. Security researchers have been warning about the need to secure medical devices and the impact of insecure devices on patient lives. The recent proliferations of ransomware like 'WannaCry' and 'Petya' further emphasizes the need to have a robust security policy for the most critical of the assets in a healthcare delivery organization. A recent research study published in May 2017 by Ponemon Institute* sponsored