Empower Clinics Inc, an integrated healthcare company, said it has signed a memorandum of understanding with data security firm SoLVBL Solutions Inc to develop a cyber security program to detect cyber attacks.
SoLVBL, which has developed advanced capabilities for providing customers the power to protect and verify incoming data against a range of cyber threats, will also provide data security for Empower’s diagnostic testing programs.
In 2020 there were a reported 599 cyber attacks involving patient records in the US, a 55% increase from the year before.
READ: Dow Jones heads north at open in New York but tech shares lag as bond yields rise
"We are excited to collaborate with SoLVBL Solutions, a company with broad know-how in data verification and cybersecurity,” Steven McAuley, CEO of Empower said in a statement. “The collaboration agreement entered with Empower combines SoLVBL Solutions' data verification capabilities with Empower's experience and extensive expertise in the design, construction, operation, and maintenance of healthcare clinics and world-class diagnostic laboratories.”
The healthcare CEO went on to note that the increased need for data collection demands enhanced protection and verification capabilities.
“We have seen such announcements come from both the Canadian and American governments,” said McAuley. “We feel this verification solution will allow us to continue to grow and meet the demands and needs of our patients and health care administrations.”
The SoLVBL created data protection and verification tool will incorporate dedicated data security mechanisms for Empower's diagnostic testing platform.
"We are extremely proud that SoLVBL Solutions' collaboration with Empower will yield a comprehensive cybersecurity solution for Empower's diagnostic testing platforms, answering a growing global cyber threat,” Raymond Pomroy, CEO of SoLVBL Solutions said.
Pomroy went on to say: “We believe this will be the first of many such opportunities in the healthcare vertical, and one that we realized was needed and doable in our ongoing conversations with the Empower team. Together we realized the need for this level of data protection in this sector."
The collaboration also falls in line with Empower’s growth strategy to “aggressively” grow its clinical and digital presence across North America.
Contact the writer at georgia@proactiveinvestors.com
Follow her on Twitter @MissInformd