May 8, 2019
San Diego-based MedCrypt, a maker of cybersecurity software for medical devices, has raised $5.3 million in a Series A funding round led by Section 32. Other participants include Eniac Ventures and Y Combinator, the latter of which included MedCrypt as part of its Winter 2019 batch.
WHAT THEY DO
While many medical device security companies are focusing their efforts on provider customers looking...
March 22, 2019
After creating dummy accounts on highly-rated Android medical apps and analyzing their traffic, an investigation published Wednesday in BMJ found that nearly four in five shared users’ data with outside entities. What’s more, the Australian research team determined that several of those groups receiving the user information would likely be able to aggregate the data and use it to pinpoint a...
January 29, 2019
Tel Aviv, Israel-based medical device security platform Medigate has closed a $15 million Series A fundraising round. The investment was led by US Venture Partners, with additional participation from return backers YL Ventures and Blumberg Capital.
“With regulators appropriately taking a hard look at medical device security and the sheer growth in the number of devices being added to already...
January 14, 2019
Healthcare medical device cybersecurity company Cynerio announced last week that it has completed a $7 million round of investment funding. Participants in the round include Accelmed, RDC, MTIP and other unnamed global venture capitalists.
What they do
The Ramat Gan, Israel-based company develops a cybersecurity platform designed specifically for healthcare providers. The software scans a...
December 12, 2018
Last week the Department of Homeland Security and Philips issued notices alerting the public to possible cyber security risks in Philip’s HealthSuite Health Android app.
The DHS said the risk was related to inadequate encryption strength and warned that it would not be difficult for hackers to exploit this vulnerability.
“Successful exploitation of this vulnerability may allow an attacker with...
October 17, 2018
Focus on Cybersecurity
In October, we take a deep dive into security strategy and pressing threats.
October 16, 2018
In April of this year, the FDA released a five-point action plan to improve medical device safety that included a clear focus to reduce cybersecurity existing vulnerabilities and promote strong practices for future devices.
Since then the agency hasn’t dragged its feet — earlier this month FDA Commissioner Dr. Scott Gottlieb released a lengthy statement announcing the release of a cybersecurity...
October 4, 2018
This morning BlackBerry launched a new "Enterprise of Things" (EOT) platform called the BlackBerry Spark, as well as a slew of new healthcare related-products that will be powered by the system including a quantum-resistant code signing server, a new system that uses blockchain to deliver medical data and an operating system for secure medical devices.
The quantum-resistant code signing server...