Risk ManagementGreyCastle Security and iatricSystems™, Inc. Partner to Deliver a Full Suite of Privacy and Security Solutions

PRNewswire PRNewswireFebruary 19, 20205 min

GreyCastle Security, the industry’s leading provider of risk assessment, mitigation, and certification-readiness services, and iatricSystems™, Inc., a healthcare technology company dedicated to helping healthcare organizations enhance their IT investments, recently entered into a strategic relationship. By joining forces, iatricSystems and GreyCastle Security can now deliver, from start to finish, a complete suite of privacy and security solutions and support for those solutions to their customer base.

Cybersecurity is a growing concern in the healthcare industry. According to HIPAA Journal, the majority of companies are spending their budgets on network security and advanced technologies to increase the security of data transfers. However, the greatest challenge hospitals face is keeping up with the ever changing landscape of cybersecurity. fintech news

In addition to budget constrictions, 53 percent of surveyed healthcare firms revealed that the complexity of healthcare systems is the main reason they haven’t upgraded security measures. iatricSystems and GreyCastle Security recognize that in order to create a robust security plan for hospitals, it often requires resources from multiple vendors and solution providers. By working together, iatricSystems and GreyCastle Security complete the legwork for their customers to find the best mix of solutions and providers.

“When it comes to a partnership that combines experiences in this competitive space, this relationship increases patient safety from a cybersecurity perspective,” said GreyCastle Security’s Director of Strategic Partnerships, Sean Phillips. “GreyCastle Security’s risk-based approach to cybersecurity will help create the perfect blend of services to enable hospitals and health systems to increase the defensibility of their programs.”

Working in tandem, iatricSystems offers the solutions to monitor patient privacy, secure remote access, and manage vendor risk, while GreyCastle Security completes risk assessments, builds incident response plans, prepares for OCR audits, and acts as an ongoing solution advisor.

“As hospitals implement new security solutions and checkpoints, cybercriminals are hard at work finding new ways to breach systems,” said iatricSystems Executive Vice President Rob Rhodes. “That’s why it is so important for hospitals to have partners that they can trust to put a good plan in place to protect themselves from breaches, meet regulatory requirements (i.e., HIPAA), and complete ongoing risk assessments.”

With the continuous rise of security breaches, experts believe that, if not taken seriously, the healthcare sector could face a damaging financial impact and increased risk to patient safety in the next four to five years.The partnership between GreyCastle Security and iatricSystems is designed to strengthen security efforts and deliver peace of mind for healthcare organizations and their patients.



Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2021 © All Rights Reserved