107+ cybersecurity companies in healthcare | 2017

Healthcare organizations across the globe are more susceptible than ever to hacks and data breaches, which can cost a hospital or health system millions to fix and damage their reputation. As a result, hospitals are investing more in cybersecurity and risk management services.

Organizations face internal threats from email scams, cloud sharing and lost mobile devices, as well as external threats such as hackers. The global healthcare cybersecurity market is expected to reach $10.8 billion by 2020, according to a Grand View Research report.

Here are more than 100 cybersecurity companies in the healthcare space, listed in alphabetical order…

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The 4 biggest healthcare IT headaches

To avoid violating regulations, which could result in tens of thousands of dollars (or more) of fines and negative publicity, healthcare providers must ensure that their facilities are in compliance and be constantly on the lookout for security threats.

And “while the governance of information causes headaches for IT leaders across all industries, when it comes to healthcare, the myriad of confidentiality and privacy concerns for CIOs and health information management administrators creates added complexity,” says Ken Mortensen, data protection officer at InterSystems. One slip-up and “IT leaders risk exposing [sensitive] health information, or, even worse, contributing to an unfortunate patient outcome.”…

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Companies ramp up recruiting veterans as cybersecurity urgency grows

Managed security services provider Proficio, Inc., plans to grow its cybersecurity team from about 100 employees today to more than 450 people by the end of 2018.  It may seem like a daunting task for most companies given the shortage of workers with cybersecurity skills, but Proficio executives believe they have tapped into a goldmine of potential cybersecurity talent – the veterans coming out of San Diego’s military bases near the company’s headquarters…

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Many organizations are moving most of their business-critical applications and workloads to the cloud. The healthcare industry is no exception – hospitals, payers and other organizations also are making moves to the cloud.

While they’re working hard to improve their security measures and making great strides to better protect their data, security challenges continue to evolve.

As the organizational structure of healthcare facilities continues to advance, cloud adoption brings numerous benefits for these institutions. Not long ago, patient files were all on paper – placed into a folder that never left the physician’s office. But with the consolidation and reorganization of many healthcare organizations, this approach has become outdated and replaced by electronic records…

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Frost & Sullivan Names Tim McElwee “Mover & Shaker”

 Proficio President and Chairman, Tim McElwee, was recently featured in Frost and Sullivan’s “Movers and Shakers” series. McElwee was honored to be featured among leaders who are on the forefront of innovation and whose companies are carving a new path for their industry.

The interview covered a wide range of topics, including why Proficio was formed, about our company’s global expansion and other managed security topics.

McElwee was asked why he, along with co-founders Brad Taylor and John Humphreys, started Proficio, a managed security services provider (MSSP), in 2010.

“We founded Proficio to fill the gap in the market by providing medium to large-sized organizations with the same advanced threat detection and response capabilities that were then largely available to Fortune 100 enterprises alone.

For most enterprises, with exception of the largest ones, operating a SIEM was a daunting task involving significant upfront cost and requiring a team of experts to manage, update, and monitor the system. It was clear to us that many organizations would prefer to use this type of software delivered as a service and supported by experts.”

Proficio is headquartered in Carlsbad, CA, and rapidly expanding across the globe. The company’s second security operations center (SOC) in Singapore just moved in to a new office and McElwee explained how the Singapore team continues to play an integral part in Proficio.

“In 2017, our Singapore headquarters will become an innovation hub, enabling us to define new approaches to threat detection and response. Our Asia- Pacific technical team will focus on understanding threats originating in Asia and identify vulnerabilities that require a specific regional response.

In 2017, we will also expand our operations in Australia and Northern Asia.”

Expansion is necessary to continue supporting the growth of the Proficio customer base. Given the current threat landscape, many organizations are realizing the need for 24×7 security along with the benefits of outsourcing some, or all, of their security.

With so many MSSPs to select from, Proficio must find a way to stand out from the crowd. McElwee explained how why customers choose to partner with Proficio to be an extension of their IT team.

“Our customers tell us that we stand out from the competition because of our ability to accurately detect threats and provide actionable alerts and guidance. We achieve this through a combination of powerful analytics platforms combined with investigations by expert security analysts to uncover threats and hunt for APTs. We also customize our content and rules specifically for each customer so our service is modeled to their security policies, asset priorities, and IT infrastructure.

We were one of the first MSSPs to offer automated response solutions and today we offer our customers a range of mechanisms to block attacks and orchestrate workflow.

We have also been a leader in managing next-generation endpoint security products. There has been an increased focus on protecting endpoints and MSSPs must play a significant role is managing these solutions.

Our strategy is to continue to do an excellent job in both detection and response regardless of whether a customer uses a traditional data center, a cloud-based infrastructure, or a hybrid model.”

McElwee concluded the interview with some thoughts on where Proficio and the managed security industry is heading.

“The managed security business is evolving from a traditional model that focuses on the perimeter and managing security devices to a holistic one. MSSPs today must be able to detect advanced attacks, address threats from the endpoint to the cloud, and proactively prevent cybercriminals from damaging their customers’ business. We will continue to provide our customers with unparalleled value as measured by the quality of our service and simplicity of our model.”

Read the full text of the interview.

Managed Security Services Firm Proficio Raises $12 Million

Proficio, a provider of managed detection and response services, announced on Monday that it has closed a $12 million round of funding from private equity firm Kayne Anderson Capital Advisors and Singapore-based telecommunications provider M1.

Founded in 2010, Proficio is a player in the managed security service provider (MSSP) space and helps its customers identify cyber threats and reduce the false positive security alerts

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