Healthcare Companies & MSSPs: Achieve Your Goals
Healthcare organizations can utilize MSSPs like Dark Rhino Security to achieve business goals while also reducing legal, reputational, and financial risks. This can be done through the prevention of ransomware, assistance with certification requirements, and protection of valuable data.
About two years ago, we began working with a healthcare data analytics firm. We implemented our security solutions and part of that suite was Next-Gen Anti-Virus (NGAV) protection. Within two weeks, we received an alert from our NGAV tool; a user attempted to download a file that matched the behavior characteristics of ransomware. Within minutes, our analysts confirmed the file was blocked outright on the user’s device. Additionally, we ensured the cyber threat was quarantined from the rest of the organization and reported the incident to the CEO.
Due to our efforts, the threat was blocked. However, if we had not stepped in, the healthcare firm could have been at the mercy of cybercriminals. They may or may not have recovered from the attack.
Healthcare companies also leverage MSSPs to fully comply with needs such as HIPAA and Hi-Trust certifications. Based on our past experience, achieving the Hi-Trust certification leads to more business and more incentives from Blue Cross and Blue Shield. I personally assisted one of our healthcare partners to utilize our security offerings and meet the necessary Hi-Trust controls. I also provided written proof of where our technologies met the necessary control. After achieving Hi-Trust, our client said the incentives they’ve received have helped shape their business drastically.
Moreover, Healthcare companies can utilize MSSPs to protect company data and client/patient information. The most interesting case I experienced with a healthcare partner was an insider threat. One of the company’s employees was attempting to exfiltrate company data. Although in this scenario the data in question did not include any patient information, any attempt made to leak company secrets poses a huge risk to a company’s reputation. Luckily, with our data loss tool, I was able to see the exact data being exfiltrated. I was also able to see the exact USB drive that was conducting the data extraction. We worked with the company’s legal representatives and HR department to send the necessary documentation to the user and recover the designated corporate files. We also informed the user that if this company’s intellectual property ever showed up at a future employer in a product offering, a cease and desist would be sent to the user and to the new employer. After the whole fiasco, we conducted a full recovery of all the extracted files and the user never posed a threat to the healthcare firm at their future employer.
Overall, more and more small to medium-sized healthcare firms are becoming larger targets for cybercriminals. Therefore, the need for cybersecurity continues to grow. This dilemma gives healthcare companies two options, they can either invest $250,000 – $500,000 in cybersecurity professionals and security software or utilize an MSSP to serve as a cost-effective means to achieve a solid cybersecurity posture.
If you’re interested in reducing company risk and optimizing your business, feel free to email me back at email@example.com
Check out our podcasts about healthcare: