Censinet and First Health Advisory Partner to Deliver Comprehensive Cyber Risk Assurance to Health Sector
Post Summary
Censinet and First Health Advisory have partnered to deliver comprehensive cybersecurity risk assurance solutions to healthcare organizations.
The partnership offers third-party risk management, enterprise risk management, risk monitoring, and dedicated risk assessments for IoMT, medical devices, and more.
Censinet RiskOps™ is a cloud-based risk exchange platform that automates third-party and enterprise risk management workflows, reducing assessment times to under 10 days.
First Health Advisory brings expertise in healthcare cybersecurity, technology risk management, and strategic governance to complement Censinet’s risk management solutions.
The collaboration helps healthcare organizations improve cybersecurity resiliency, enhance compliance, and mitigate risks across third-party vendors, IoMT, and enterprise systems.
Visit Censinet’s website or First Health Advisory’s website.
WASHINGTON, DC AND BOSTON, MA – OCTOBER 18, 2023 – First Health Advisory, a leading digital health risk assurance firm, and Censinet, the leading provider of healthcare risk management solutions, and today announced a partnership to deliver comprehensive cybersecurity risk assurance solutions to the health sector and clients. The partnership enables healthcare organizations to leverage First Health’s deep healthcare expertise and strategic risk advisory services in combination with Censinet RiskOpsTM, Censinet’s flagship software platform for managing and mitigating third-party and enterprise risk.
“First Health is experiencing a tremendous period of growth, and we are thrilled to partner with Censinet to further our cloud resilience, third party, and supply chain risk offerings,” said Carter Groome, CEO of First Health Advisory. “Censinet continues to drive innovation in cybersecurity, maximizing the efficiency and effectiveness of third-party and enterprise risk management, and enabling our clients to execute on the unique strategic services we deliver."
Under the partnership, First Health Advisory and Censinet will deliver comprehensive cyber risk assurance solutions to healthcare organizations, including:
- Third-Party Risk Management to assess, manage, and mitigate the risk of third-party vendors, products, and services critical to care delivery and operations.
- Enterprise Risk Management to drive greater coverage of recognized security practices like Health Industry Cybersecurity Practices (HICP) and the NIST Cybersecurity Framework (CSF) to strengthen overall cyber resiliency.
- Risk Monitoring across clients’ third-party portfolio with ‘outside-in’ security scanning, as well as breach and ransomware alerts.
- Dedicated Risk Assessments for Internet-of-Medical Things (IoMT), medical devices, non-technical suppliers, and mergers & acquisitions.
First Health’s solutions’ portfolio assures performance, availability, integrity, privacy, compliance, and resilience for every digital health facet. The Company’s proven expertise in healthcare, cybersecurity, technology risk management, and shared governance – as well as its relationship network – maximizes the value and impact of its risk advisory services for clients. Censinet RiskOpsTM, the industry’s first and only cloud-based risk exchange, enables secure, seamless sharing of cyber risk data across a collaborative network of healthcare organizations and third-party vendors to drive continuous risk reduction. With purpose-built workflow automation, 1-Click AssessmentsTM, and over 36,000 vendors and products in its Digital Risk CatalogTM, RiskOps enables healthcare organizations to perform significantly more risk assessments in substantially less time, reducing the average assessment completion time down from 45-60 days to less than 10 days – the industry’s fastest solution.
“Censinet is delighted to partner with First Health Advisory. We look forward to bringing our combined capabilities to customers to help them more effectively manage risk,” said Cormac Miller, President and Chief Commercial Officer of Censinet. “Marrying First Health’s strategic advisory services with Censinet RiskOps unlocks a unique value proposition for healthcare organizations to assess, plan, and successfully execute a comprehensive third-party and enterprise risk strategy.”
About First Health Advisory
First Health Advisory is passionate about security and privacy in the healthcare domain. Experts in managed security and risk strategy solutions, First Health Advisory collaborates with clients to safeguard their assets, preserve reputations, and protect balance sheets. Its advisors and programs derive value from investments in technology with the understanding that people have the most significant impact on an organization's security posture and its alignment with the goals of the business. For more information, visit www.firsthealthadvisory.com.
About Censinet
Censinet®, based in Boston, MA, takes the risk out of healthcare with Censinet RiskOps, the industry’s first and only cloud-based risk exchange of healthcare organizations working together to manage and mitigate cyber risk. Purpose-built for healthcare, Censinet RiskOpsTM delivers total automation across all third party and enterprise risk management workflows and best practices. Censinet transforms cyber risk management by leveraging network scale and efficiencies, providing actionable insight, and improving overall operational effectiveness while eliminating risks to patient safety, data, and care delivery. Censinet is an American Hospital Association (AHA) Preferred Cybersecurity Provider. Find out more about Censinet and its RiskOps platform at censinet.com.
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Contacts:
Censinet
Briana McGann
781-328-4118
bmcgann@censinet.com
First Health Advisory
Jessica Davis
207-208-6724
jdavis@firsthealthadvisory.com
Key Points:
What is the partnership between Censinet and First Health Advisory?
Censinet and First Health Advisory have joined forces to deliver comprehensive cybersecurity risk assurance solutions to healthcare organizations. This partnership combines First Health’s strategic advisory services with Censinet RiskOps™, offering a unique blend of expertise and technology to improve cybersecurity resiliency across the healthcare sector.
What services will the partnership provide to healthcare organizations?
The collaboration provides the following services:
- Third-Party Risk Management: Assess, manage, and mitigate risks associated with vendors, products, and services critical to care delivery.
- Enterprise Risk Management: Strengthen cyber resiliency by aligning with recognized security practices like HICP and NIST CSF.
- Risk Monitoring: Utilize outside-in security scanning and breach/ransomware alerts across third-party portfolios.
- Dedicated Risk Assessments: Focus on IoMT, medical devices, non-technical suppliers, and mergers & acquisitions.
What is Censinet RiskOps™, and how does it enhance risk management?
Censinet RiskOps™ is the healthcare industry’s first cloud-based risk exchange platform that enables:
- Efficient risk assessments: Reduces assessment times from 45-60 days to less than 10 days.
- Workflow automation: Streamlines risk management processes through tools like 1-Click Assessments™.
- Comprehensive vendor catalog: Covers over 36,000 vendors and products via the Digital Risk Catalog™.
- Collaborative network: Facilitates secure sharing of cyber risk data across healthcare organizations and third-party vendors.
How does First Health Advisory complement Censinet RiskOps™?
First Health Advisory enhances the partnership by providing:
- Healthcare expertise: Deep knowledge of cybersecurity, digital health, and risk management.
- Strategic governance: Ensures alignment between security initiatives and organizational goals.
- Comprehensive solutions: Addresses performance, availability, integrity, privacy, compliance, and resilience in digital health systems.
Why is this partnership important for healthcare organizations?
This partnership helps healthcare organizations:
- Strengthen cybersecurity resiliency across third-party vendors, IoMT, and enterprise systems.
- Improve compliance with recognized security frameworks like HICP and NIST CSF.
- Mitigate risks quickly and effectively, reducing exposure to cyber threats like ransomware.
- Leverage both strategic advisory services and advanced technology for comprehensive risk management.
Where can I learn more about this partnership?
Visit Censinet’s website or First Health Advisory’s website for more details about their combined cybersecurity solutions.
