Today's risk management reality
Serving the healthcare industry can be a double-edged sword. On the one hand, healthcare vendors have the privilege to participate in something that actually makes the world a better place - helping people lead healthier lives, and helping them get better when they're sick. On the other hand, the healthcare industry rightfully comes with a significant responsibility toward privacy, security, and governance. Vendors are saddled with filling in yet another 250-line Excel security questionnaire every time they want to be considered for a new project, and often have to execute multiple assessments for various regulatory frameworks as HIPAA, SOC 2, the NIST Cybersecurity Framework, and MARS-E, to name just a few.