As healthcare digitization increases each year, so does the threat of cybersecurity attacks on healthcare data systems. In the first quarter of 2023, hospitals and health systems were the number-one target of cybersecurity threats due to the large amount of valuable patient information their electronic health records (EHRs) possess. These breaches can have a ripple-down effect and can cause systems to shut down completely. As healthcare data is further dispersed between different stakeholders, the industry is at a heightened risk of attack and requires more secure solutions.
Today, we’re excited to announce that HEAL Security, a cognitive cybersecurity intelligence platform for the healthcare sector, has come out of stealth and joined Health2047’s portfolio of companies on the cutting edge of transforming healthcare. By providing real-time, actionable insights, HEAL Security equips organizations with the tools to navigate the complexities of the digital age, ensuring the safety and confidentiality of patient data against a backdrop of ever-evolving cyber threats.
HEAL Security was founded in 2021in response to the growing number of cyber attacks on the healthcare industry and stands out as the sole cyber intelligence entity exclusively devoted to healthcare. It launches out of stealth with its flagship solution, HEAL Security Desktop, a platform that consolidates the latest data, insights, and assessments of the global healthcare cybersecurity landscape into a dashboard, enabling users to evaluate and take action against cyber threats and risks.
The healthcare sector has experienced nearly $7.8 billion in losses due to breaches since 2016. “The economic toll of data breaches on healthcare in recent years is nothing short of astronomical,” says Lawrence K. Cohen, CEO of Health2047. “The threat is so pervasive that some institutions are having to revert to paper records, setting back healthcare’s digital evolution and making it harder for physicians to perform their duties. Our investment in HEAL Security underscores Health2047’s commitment to building solutions that tackle these issues at the system level for the good of physicians and patients.”