VMG Health, the leading healthcare consulting firm for business performance, has partnered with Canopy Software, the leader in AI-powered data mining software, to provide its clients with the industry’s leading data breach response technology.
The Cybersecurity, Risk & AI team at VMG Health brings deep knowledge of data mining workflows and Canopy’s Data Breach Response software. Its clients further benefit from the company’s specialized focus, receiving expert-level handling of the healthcare sector’s unique challenges. This is essential given the industry’s strict regulations, such as HIPAA’s breach notification rule.
“Healthcare is a heavily regulated industry, so speed and accuracy after a cyber incident are critical,” said Greg Koonsman, Founder & CEO at VMG Health. “Using Canopy, we are able to offer deep, breached-data reporting and a final notification list much faster than with alternative tools, empowering our clients to inform stakeholders and meet regulatory requirements.”
“Amid the targeting of medical data by cyber criminals, too many healthcare institutions’ incident response data mining is driven by slow, ineffectual methods and technology,” said Ralph Nickl, CEO at Canopy. “With its specialized focus and powered by our software, VMG Health is turning the tide and delivering the best possible incident response services to the healthcare sector.”
Healthcare institutions process vast amounts of personally identifiable information (PII) and other sensitive data, making them prime targets for cyber attacks. According to the most recent NetDiligence Cyber Claims Study, small- to medium-sized enterprises (SMEs) accounted for 11% of cyber claims over the five-year reporting period and ranked fifth by total crisis cost. Forensics cost, which encompasses data mining, is significantly impacted by the approach and technology used. The combination of VMG Health’s expertise and Canopy’s purpose-built software results in faster, more accurate, and less expensive project resolution.
About VMG Health
VMG Health is the leading healthcare consulting firm for business performance. Since 1995, the firm has designed its business to address any strategic, regulatory, or operational challenges that affect quality, profitability, and growth. With eight offices and over 300 dedicated professionals representing an extensive array of credentials nationwide, VMG Health provides the expertise its clients can rely on.
About Canopy
Canopy is the leader in AI-powered data mining technology. The company’s patented Data Breach Response software provides incident response teams with fast, accurate, and secure data mining from start to finish, including culling, personal data (PII & PHI) review, and consolidation. Canopy has been named a winner of the 2023 NVTC Cyber50 Awards, 2022 Golden Bridge Business and Innovation Awards, the 2022 NVTC Tech 100, the 2021 Cybersecurity Excellence Awards, and the 2021 Global InfoSec Awards. Connect with one of our Foresters today at contact@canopyco.io or visit www.canopyco.io to learn more about data mining done right.
