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...
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...
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 1, 2018
FDA Commissioner Dr. Scott Gottlieb released a statement today unveiling the Medical Device Cybersecurity Regional Incident Preparedness and Response Playbook — a document co-authored with the non-profit Mitre Corporation describing how healthcare delivery organizations can best prepare their medical devices and staff for a device security breach. The agency also announced the development of its...
July 17, 2018
CyberMDX, a connected medical device and clinical network security firm, announced today that it has closed $10 million in Series A funding. The financing round was led by Pitango Venture Capital, with additional backing from OurCrowd Qure.
The company’s MDefend software product is deployed to a provider’s network, CyberMDX CEO Amir Magner told MobiHealthNews. The tool is non-intrusive, and doesn...
July 2, 2018
Winston Armstrong, CISO at the San Diego Super Computer Center, and Sandeep Chandra, director of health cyberinfrastructure at the same center, both tout the benefits of a hybrid cloud with medical devices in terms of security as well as analytics. But key safeguards are needed to keep it secure.
June 28, 2018
Medical device cybersecurity software company MedCrypt announced today that it has raised $1.9 million in new seed funding. The round’s primary backer was Eniac Ventures, with additional participation from Sway Ventures, Nex Cubed, Oronoco Investments, and Friedman BioVentures.
Mike Kijewski, CEO and cofounder of MedCrypt, told MobiHealthNews that his company will be using the proceeds from this...
September 12, 2017
While ransomware is still the most significant healthcare security risk, medical device hacking is a concern that continues to grow. Just last week, the Department of Homeland Security issued a detailed warning about vulnerabilities in Medfusion's Syringe Infusion Pump.
At the HIMSS Media Healthcare Security Forum in Boston today, speakers described the many problems inherent in defending older...
December 7, 2016
Connected medical devices do pose security risks, but the nightmare scenario of a hacked pacemaker being used for an assassination is not top-of-mind for the executives in charge of security at major health systems. At the HIMSS Privacy and Security Forum yesterday, executives from the Mayo Clinic, UPMC, and Partners Healthcare discussed medical device security on a panel moderated by Healthcare...