IT security company Imprivata picked up critical access management firm SecureLink to expand its cybersecurity solutions for healthcare. The deal, first announced Feb. 23, values the combined health care technology company at approximately $3.5 billion, Axios' Sarah Pringle reports. Software investment firm Thoma Bravo acquired Imprivata in 2016 in a deal valued at approximately $544 million.
Mark McArdle is Chief Products and Design Officer at IT security leader, Imprivata. The company has worked within healthcare for two decades. Its Imprivata OneSign, FairWarning and virtual smartcard solutions are helping to secure NHS hospitals across the UK. Mark is himself an industry veteran, with a cybersecurity career stretching back to the early ‘90s. Health Tech World got in touch with Mark to learn more about digital identity and how the pandemic has accelerated innovation.
What makes healthcare such a prime target for cyberattacks, and how can we protect sensitive health information without burdening medical staff? In our latest episode, we promise to answer these questions with the expert insights of Joel Burleson-Davis, Senior Vice President of Engineering at Imprivata. Joel reveals the high stakes involved in healthcare cybersecurity, the unique challenges posed by a mix of legacy and modern IT systems, and the critical need for security solutions that integrate seamlessly into clinical workflows.
With a wealth of sensitive patient data and aging complex technology ecosystems, healthcare organizations are a gold mine for cyber attackers. Healthcare breaches are consistently more expensive than breaches in any other industry, costing on average $9.8 million per incident in 2024 — $3.7 million more than the next most costly industry.
As hospitals move to digitize records, they face a new threat, hackers. Recent attacks have forced some medical centers to pay ransom to regain access to their systems. While ransomware isn’t new, these attacks highlight hospital vulnerabilities. As Bertha Coombs reports from Boston, changes, however, are being made to prevent the next breach.