The 10 Most Trusted Healthcare IT Security Solution Providers 2018 Final file Healthcare IT optimize | Página 28

Haystack Informatics
Leveraging Behavioral Analysis to Secure
Health Systems against Infringements
I
nformation Security in healthcare
is a major issue as the nature of
the data in this industry is very
sensitive. As a recent Verizon report
concluded 1 , 58% of security incidents
are caused by insiders. In fact, the
authors of the report found the
healthcare industry as the only industry
in which internal actors are the biggest
threat to the organization. These
incidents include unintentional errors
and malicious actions, as well as the
abuse of access privileges. They
involve the loss of unencrypted
devices, snooping on patients’
information, hacking, and malware
attacks. Inside threats are hard to
identify and harder to control. With the
assistance of a trusted security partner,
this task can be made effective and
easy. Haystack Informatics, Inc., a
behavior analytics company, is one
such firm that helps the healthcare
providers to protect their data and
operations from various threats.
The company was born at The
Children’s Hospital of Philadelphia
(CHOP) as a next-generation platform
to advance patient privacy monitoring.
Since then, it has grown its offering to
capitalize on its deep understanding of
employee behavior in regards to the
use of Electronic Health Records
(EHRs), and the ramifications of this
behavior in the areas of operational
26 | September 2018 |
efficiency, time-driven activity-based-
costing (TD-ABC), and performance
improvement.
About the Company
Haystack Informatics is a privately
held company, headquartered in
Philadelphia, PA. It is driven by the
mission to safeguard and optimize
healthcare. Rooted in the values of
Integrity, Passion, and Ownership,
Haystack’s vision is to be the partner
of which healthcare institutions think
about first whenever they need to
protect against insider threat or turn
their operational data into actionable
insight.
From the CEO’s Desk
The Co-founder & CEO of Haystack
Informatics, Adrian Talapan, is a tech
“We help
safeguard
and optimize
healthcare”
entrepreneur. Previous to the
establishment of Haystack, he
co-founded HouseFix, a marketplace
for homeowners and home
improvement contractors (TechCrunch
Disrupt finalist), and Clarix, a clinical
trials logistics and management
platform for the pharmaceutical
research and development industry.
Talking about the industry and the
company, he asserts, “Healthcare is a
complicated business, which only got
more complicated with the introduction
of massive Electronic Health Record
systems. Running on thin margins,
healthcare professionals are currently
in the delicate position to deliver the
best care they can, while operating in
an increasingly information-rich
environment that puts significant strain
on their capacity to do so. We believe
safeguarding and optimizing
healthcare are essential initiatives for
the next 3-5 years, which is why we set
off to help health leaders on this path.”
Tech-Powered Services
Haystack currently offers two services,
both delivered as Software-as-a-
Service (SaaS): Haystack Monitoring
and Haystack Intelligence.
Haystack Monitoring: This is a next-
generation insider threat monitoring
platform, which uses behavioral