Clearwater Further Streamlines Enterprise Risk Analysis for Health Systems with Its New “Component Expert System” Technology, an Enhancement to Its IRM|Analysis™ Software


NASHVILLE, Tenn.–()–As the healthcare industry continues to be targeted by cyber attacks,
Clearwater has released new, breakthrough technology that provides
hospitals and health systems with a more intelligent view into all of
the processes, people, locations, technology and components that can
pose a data security risk to an information system. Clearwater’s new
Component Expert System (CES), embedded in its IRM|Analysis™ software,
enables hospitals and health systems to complete the security risk
analysis (SRA) process more efficiently across the enterprise by
logically grouping similar information system components based on their
properties and associated controls. The patent-pending technology
automatically identifies relevant cyber and information risk scenarios,
thereby facilitating a more effective risk assessment process.

“For a large and complex hospital or healthcare system, it can be
daunting to try to perform a comprehensive cyber risk analysis,” said
Clearwater’s Jon Stone, senior vice president for Product Innovation.
“IRM|Analysis™ with CES technology, offers health systems advanced
decision support technology that provides them with a view of the entire
threat surface, fully adapted to address the specific vulnerabilities
and risk scenarios that are related to their specific technologies and
systems.”

For context, the U.S. Department of Health and Human Services reported
more than 400 hacks of health data systems in 2018, an increase of more
nearly 25 percent. Despite the increasing threats, the most recent CHIME
survey of healthcare leaders found only 16 percent reported having a
fully functioning cybersecurity program. Many cite complexity as a
barrier to completing a comprehensive cyber risk analysis.

By leveraging intuitive wizards, IRM|Analysis™ with CES further
streamlines the investigative process, by adding a simple set of
intuitive questions to identify the precise set of vulnerabilities,
threats and controls that must be addressed in order to implement a
comprehensive cyber risk management program.

Clearwater CEO Steve Cagle noted, “Effective data security always starts
with a comprehensive risk analysis. Our CES technology takes cyber risk
analysis to the next level. The advanced functionality of IRM|Analysis™
with CES creates a more accurate and efficient process of conducting an
enterprise-wide risk analysis and gives hospitals and health systems the
exact roadmap they need to immediately strengthen risk management and
cybersecurity.”

IRM|Analysis™ has been deployed by hundreds of hospitals and health
systems, and ensures appropriate identification of and response to high
risks. It offers integrated workflow and dashboard reporting that
facilitates management of critical risk remediation actions.
IRM|Analysis™ helps hospitals and health systems to improve their
security posture, optimize budgets and resources, and achieve HIPAA
compliance by providing visibility to each organization’s cybersecurity
exposures. IRM|Analysis™ meets all nine requirements of a Security Risk
Analysis based on the Office
for Civil Rights Guidance Publication
. OCR has accepted Risk
Analyses conducted with IRM|Analysis 100 percent of the time when
performed in accordance or in conjunction with Clearwater’s
recommendations and advice. CES is configured as an out-of-the-box
enhancement to the IRM|Analysis™ software tool and is designed for fast
and efficient installation to empower hospitals and health systems to
quickly bolster their cyber risk management systems.

In addition to increasing the risk of a breach, an insufficient risk
analysis may lead to OCR fines and reputational damage. In fact, 89
percent of OCR enforcement actions involving ePHI cite failure to
perform a sufficient risk analysis as a primary deficiency. Leading
healthcare organizations such as Sentara, Advocate, CHRISTUS, and
Baptist Health South Florida, have solved these critical cyber risk
challenges by implementing Clearwater’s IRM|Analysis software.

About Clearwater

Clearwater provides the most complete and trusted, enterprise-class
cyber risk management solution available. Designed for healthcare
providers and their partners, Clearwater’s IRM|Pro™ platform and
experienced professional services team provide insights and actions to
address compliance, cyber and patient safety risks. Clearwater is a 2017
Inc. 5000 fastest-growing company, the 2018 Best in KLAS winner in
Cybersecurity Advisory Services, the 2017 and 2018 Black Book Marketing
Research winner in Compliance and Risk Management Solutions, and
endorsed by numerous state hospital associations. Clearwater solutions
have been deployed within hundreds of hospitals and health systems,
Fortune 100 organizations, and federal government institutions. More
information about Clearwater is at clearwatercompliance.com.



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