Healthcare companies face unique compliance and regulatory challenges.
Case Study: Securing Patient Data While Reducing Insurance Premiums
Background
A regional healthcare provider overseeing multiple clinics and handling thousands of patient records found itself struggling with outdated security measures. Sensitive patient data, complex EHR systems, and regulatory oversight all increased the organization’s cyber risk—driving its insurance premiums higher with each renewal.
A regional healthcare provider overseeing multiple clinics and handling thousands of patient records found itself struggling with outdated security measures. Sensitive patient data, complex EHR systems, and regulatory oversight all increased the organization’s cyber risk—driving its insurance premiums higher with each renewal.
Challenge
The organization needed to:
The organization needed to:
- Ensure robust safeguards for confidential health information in compliance with HIPAA and other regulations.
- Address the growing threat of ransomware and other targeted attacks on healthcare systems.
- Substantially reduce escalating cyber liability insurance premiums by demonstrating a lowered risk profile.
Solution
By partnering with Antigen Security, the healthcare provider deployed an integrated cybersecurity platform tailored for clinical environments. Key improvements included:
By partnering with Antigen Security, the healthcare provider deployed an integrated cybersecurity platform tailored for clinical environments. Key improvements included:
- Advanced Threat Detection & Automated Response: Real-time monitoring of network traffic and device endpoints, enabling swift action against emerging threats.
- Micro-Segmentation: Isolating critical assets—like EHR databases—behind strict access controls to minimize lateral movement in the event of a breach.
- Zero-Trust Architecture: Continuously verifying users and devices, ensuring only authorized personnel can handle sensitive patient data.
These measures helped the provider not only meet compliance requirements but also present compelling evidence of risk reduction to underwriters.
Results
- Enhanced Security Posture: Fewer incidents and rapid containment of potential threats, safeguarding both patient data and the organization’s reputation.
- Streamlined Compliance: Clear mapping of controls to regulations such as HIPAA, supporting smoother audits and compliance validations.
- Reduced Insurance Premiums by up to 60%: Demonstrating a lower overall risk convinced insurers to offer significantly more favorable rates, freeing resources for further patient-centered initiatives.
Conclusion
Through Antigen Security’s healthcare-focused cybersecurity approach, this provider fortified patient data protection, optimized compliance, and unlocked notable savings—often as high as 60% off its cyber liability insurance premiums. This success underscores how proactive defense and thorough alignment with insurance expectations can yield both robust security and considerable cost benefits.
Through Antigen Security’s healthcare-focused cybersecurity approach, this provider fortified patient data protection, optimized compliance, and unlocked notable savings—often as high as 60% off its cyber liability insurance premiums. This success underscores how proactive defense and thorough alignment with insurance expectations can yield both robust security and considerable cost benefits.
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