Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare industry. This time, you get to discover 5 hand-picked startups developing cybersecurity solutions.
Global Startup Heat Map highlights 5 Top Healthcare Cybersecurity Solutions out of 344
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 344 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 HealthTech startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 339 cybersecurity solutions, get in touch.
Fidus provides IT Security for Healthcare
Even healthcare organizations are under threat from cyberattacks as they deal with huge amounts of protected health information (PHI). For instance, the WannaCry ransomware outbreak attacked more than 300,000 machines in 150 countries, including 80 British National Health Service (NHS) hospitals. The malware blocked access to medical or electronic health records. As a result, clinicians were forced to divert patients. To address this, startups develop IT security solutions for the healthcare industry.
British startup Fidus provides a range of cybersecurity services for healthcare organizations. The startup analyzes and tests IT systems to confirm they are properly patched and updated to reduce the potential for malware infiltration. It also conducts exercises to simulate the effect of a full-scale cyber attack and the organization’s preparations to deal with a major incident. Additionally, its physical security analysis prevents hospitals, GP surgeries, and clinics from unauthorized access.
Cynerio offers an IoT Cybersecurity Platform
Internet of Things (IoT) devices are critical to treatment and transmit valuable personal data. This makes the healthcare industry more vulnerable to cyber threats as each connection opens a gateway for hackers if the system is not implemented efficiently. A surge in cyberattacks on medical facilities during the pandemic is alarming national governments. To tackle this, startups are developing cybersecurity solutions that prevent cyber attacks and ensure operational effectiveness.
US-based startup Cynerio offers a healthcare IoT cybersecurity platform. The platform integrates with hospitals’ existing infrastructure to automate end-to-end continuous asset discovery for connected devices in the clinical ecosystem. It identifies the vulnerabilities and risks on all these devices, including Ripple20, URGENT/11, and legacy operating systems. Utilizing AI, the platform calculates risk scores according to each device’s impact on patient safety, data confidentiality, and service disruption. Then, it generates mitigation plans and suggests the required actions.
Alexio provides Ransomware Protection
Cyberattacks on healthcare doubled in 2020 compared to the preceding year, with ransomware accounting for many of these attacks. It causes huge financial loss and harassment, but, most importantly, it puts hundreds of patients’ lives at risk as it blocks access to medical files and systems. MedTech startups are developing security solutions to prevent such ransomware attacks.
Canadian startup Alexio provides a ransomware protection system for healthcare facilities. Utilizing automation, machine-learning, and multi-layered security threat intelligence, Alexio™ Defender continuously scans the systems to defend against internal and external threats. The software features content blocking and filtering settings, and it sends alerts on detecting possible intrusions or threats. The add-on, RansomGUARD™, shuts down and isolates a system the moment it is infected. This prevents ransomware from spreading to other computers on a network.
Beagle offers a Vulnerability Assessment Tool
Healthcare companies are constantly under the radar of cybercriminals due to the abundance of sensitive data like medical records, payment history, payer information, etc. Of the personal records exposed in cyberattack breaches, a large majority of them belong to the healthcare industry. To tackle this threat, startups are developing solutions to detect and fix network vulnerabilities.
Indian startup Beagle offers a vulnerability assessment tool for healthcare data security. The vulnerability reporting feature provides insights regarding the occurrence of each vulnerability. It also sends recommendations to address the security issues correctly. The test scheduling feature allows the users to schedule weekly or monthly security tests. It directly sends test results to preferred applications so that the developers can quickly resolve the security issues if any.
Holm Security provides Patient Data Protection
The personally identifiable information stored by the healthcare facilities is protected against fraud and theft by HIPAA and GDPR regulations. In spite of scrutiny and security checks by healthcare companies, cyber attackers find a way to get into the systems and steal patient data, costing millions in data breaches. To address this, cybersecurity startups offer solutions that protect valuable personal data and save the companies from this expense.
Swedish startup Holm Security offers a patient data protection solution. It finds vulnerabilities in outdated operating systems, services, and software, as well as misconfigurations, like insufficient permissions and exposed data. The startup’s solution also looks for default and weak passwords. It schedules scans that run automatically in the background and offers a workflow for remediation — supporting integrations with external systems like Jira and TopDesk.
Discover more Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on robotics, telemedicine, wearables as well as patient monitoring. While all of these technologies play a major role in advancing the healthcare industry, they only represent the tip of the iceberg. To explore more healthcare technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Healthcare Innovation Report to save your time and improve strategic decision-making.