Meet Top 6 Companies in Medical Device Security Services

As medical device technology advances, so does the need for robust security measures to protect patient data and prevent unauthorized access. All stakeholders in the advanced medical device space know that the news is not good.

According to The HIPAA Journal, in 2018 healthcare data breaches of 500 or more records had a rate of about 1 per day. In 2022, the rate had more than doubled to 1.94. The healthcare industry was the favorite target of ransomware attackers in Q3 2022, with one in 42 organizations impacted by ransomware, a 5% increase over 2021.

Looking at the growth of median data breach size over time gives a sobering overview of the problem’s scope and growth.

Of the many factors contributing to medical device security risks, two stand out. First, patients and providers now use medical devices in different places, not just in the office environment. Data transmission is now decentralized from millions of different locations.

Related to that, the second factor is the increasing use of technology in healthcare. Medical devices that rely on networks for data transfer, such as pacemakers, insulin pumps, other implantable devices, and software systems, are more vulnerable to cyber-attacks.

Cybersecurity is more important than ever, and every company should have a cybersecurity strategy that involves partnering with a medical device security service. Click To Tweet

Cybersecurity is more important than ever, and every company should have a cybersecurity strategy that involves partnering with a medical device security service. With a growing number of companies providing these services, it can be challenging for ICOs to determine which providers are the most effective.

In this blog post, we will be highlighting the 6 top companies in medical device security services. Whether you want to enhance your current security measures or seek a new provider, this list will help you make an informed decision.

Services Provided by Medical Device Security Firms

Medical Device Security companies provide various services for clients, such as vulnerability assessments, risk management, threat modeling, penetration testing, and security monitoring to ensure that medical devices and software systems are secure and protected from cyber threats.

Vendors also work with healthcare delivery organizations (HDOs) to develop and implement security strategies and policies that comply with regulatory requirements and industry best practices.

Medical Device Security firms help clients assess the security of medical devices and software systems, provide security training to healthcare personnel, develop incident response plans in the event of a cyber attack, and provide ongoing monitoring and support to ensure that security measures are effective and up-to-date.

What to Look for in a Medical Device Security Partner

At a minimum, a Medical Device Security vendor should be reputable and comply with all regulatory standards, such as HIPAA, FDA, ISO 13485 and HITRUST. Beyond that, clients should look into specific expertise and flexibility in offering customized solutions.

The largest vendors in the space include IBM Corporation, Cisco Systems, Inc., Philips, DXC Technology, and Palo Alto Networks.

Below is more information about IBM and Cisco, as well as 4 newer companies.

IBM Corporation

Years of Service: IBM has been providing security services for over 100 years, but it began focusing on healthcare security in 2016.

Specialty Areas: IBM specializes in providing security solutions for medical devices, electronic health records (EHR), and patient data. It offers a range of services, including risk assessments, compliance management, security testing, incident response, and threat intelligence.

You can learn more about IBM’s healthcare security services on its website: https://www.ibm.com/security/industry/healthcare

Cisco Systems, Inc.

Years of Service: Cisco has been providing healthcare security solutions since 2009.

Specialty Areas: Cisco specializes in providing network security solutions for healthcare organizations. Services include secure access, network segmentation, and threat detection and response.

Cisco’s website has more information about its healthcare security solutions: https://www.cisco.com/c/en/us/solutions/healthcare/security.html

Med Crypt

Years of Service: MedCrypt was founded in 2016.

Specialty Areas: MedCrypt specializes in providing security solutions for medical devices, including encryption, key management, and anomaly detection. The company also offer services for vulnerability assessments and penetration testing.

You can learn more about MedCrypt’s services on its website: https://www.medcrypt.com/

CyberMDX

Years of Service: CyberMDX was founded in 2017.

Specialty Areas: CyberMDX specializes in providing security solutions for medical devices, including vulnerability assessments, threat detection, and risk management. It also offers services for asset management and device inventory.

Check out their website to learn more about CyberMDX’s services: https://www.cybermdx.com/

Sternum

Years of Service: Sternum was founded in 2018.

Specialty Areas: Sternum specializes in providing security solutions for Internet of Things (IoT) devices, including medical devices. Services include real-time monitoring and threat detection, vulnerability assessments, and risk management.

You can learn more about Sternum’s services on its website: https://sternumiot.com/

VDOO

Years of Service: VDOO was founded in 2017.

Specialty Areas: VDOO specializes in providing security solutions for IoT devices, including medical devices. Services include automated security analysis, risk assessments, and firmware analysis.

Learn more about VDOO’s services on its website: https://www.vdoo.com/

Moving Ahead

Securing medical devices and protecting patient data are top priorities for HDOs and advanced medical device companies. Every situation has unique challenges. Do you have questions about data storage security considerations such as compliance, configuration, and access control? We can help you with that. Contact us today to get started.