CyberCatch Announces Launch of Innovative Cybersecurity Compliance and Risk Mitigation Solution for 600,000 Healthcare Providers in U.S
CyberCatch Holdings (CYBHF) has launched an innovative AI-enabled cybersecurity solution targeting the 600,000 healthcare providers in the U.S. The company's HICP Compliance Manager aims to address the growing epidemic of cyberattacks in the healthcare sector. In 2024, the industry faced 734 data breaches involving 500+ records, averaging 2 attacks per day with a cost of $9.77 million per breach - the highest among all sectors.
The solution helps healthcare providers comply with Health Industry Cybersecurity Practices (HICP) and includes a unique benefit: providers implementing the solution receive a no-application cyber insurance policy at a discounted premium through an A XV rated insurer partner.
CyberCatch Holdings (CYBHF) ha lanciato una soluzione innovativa di cybersecurity abilitata dall'IA, rivolta ai 600.000 operatori sanitari negli Stati Uniti. Il Compliance Manager HICP dell'azienda mira a contrastare la crescente epidemia di attacchi informatici nel settore sanitario. Nel 2024, il settore ha registrato 734 violazioni dei dati con oltre 500 record coinvolti, con una media di 2 attacchi al giorno e un costo di 9,77 milioni di dollari per violazione, il più alto tra tutti i settori.
La soluzione aiuta gli operatori sanitari a rispettare le Health Industry Cybersecurity Practices (HICP) e offre un vantaggio unico: chi implementa la soluzione riceve una polizza assicurativa informatica senza necessità di applicazione, con un premio scontato grazie a un partner assicurativo valutato A XV.
CyberCatch Holdings (CYBHF) ha lanzado una solución innovadora de ciberseguridad habilitada por IA dirigida a los 600,000 proveedores de salud en EE.UU. El Compliance Manager HICP de la compañía busca enfrentar la creciente epidemia de ciberataques en el sector salud. En 2024, la industria sufrió 734 brechas de datos que involucraron más de 500 registros, con un promedio de 2 ataques diarios y un costo de 9.77 millones de dólares por brecha, el más alto entre todos los sectores.
La solución ayuda a los proveedores de salud a cumplir con las Health Industry Cybersecurity Practices (HICP) e incluye un beneficio único: los proveedores que implementan la solución reciben una póliza de seguro cibernético sin necesidad de solicitud, con una prima descontada a través de un socio asegurador calificado A XV.
CyberCatch Holdings (CYBHF)는 미국 내 60만 의료 제공자를 대상으로 하는 혁신적인 AI 기반 사이버보안 솔루션을 출시했습니다. 회사의 HICP 컴플라이언스 매니저는 의료 분야에서 증가하는 사이버 공격 문제를 해결하는 것을 목표로 합니다. 2024년 의료 산업에서는 500건 이상의 기록이 포함된 734건의 데이터 유출이 발생했으며, 하루 평균 2건의 공격과 건당 977만 달러의 비용이 소요되어 모든 산업 중 가장 높은 수치를 기록했습니다.
이 솔루션은 의료 제공자가 Health Industry Cybersecurity Practices (HICP)를 준수하도록 돕고, 독특한 혜택을 제공합니다: 솔루션을 도입하는 제공자에게는 A XV 등급 보험사 파트너를 통해 신청 절차 없이 할인된 보험료로 사이버 보험이 제공됩니다.
CyberCatch Holdings (CYBHF) a lancé une solution innovante de cybersécurité dotée d'IA, destinée aux 600 000 prestataires de soins aux États-Unis. Le HICP Compliance Manager de la société vise à lutter contre l'épidémie croissante de cyberattaques dans le secteur de la santé. En 2024, le secteur a subi 734 violations de données impliquant plus de 500 dossiers, avec une moyenne de 2 attaques par jour et un coût de 9,77 millions de dollars par violation – le plus élevé de tous les secteurs.
La solution aide les prestataires de soins à se conformer aux Health Industry Cybersecurity Practices (HICP) et offre un avantage unique : les prestataires qui adoptent la solution bénéficient d'une police d'assurance cyber sans demande préalable, à une prime réduite, grâce à un partenaire assureur noté A XV.
CyberCatch Holdings (CYBHF) hat eine innovative KI-gestützte Cybersicherheitslösung für die 600.000 Gesundheitsdienstleister in den USA eingeführt. Der HICP Compliance Manager des Unternehmens zielt darauf ab, der wachsenden Epidemie von Cyberangriffen im Gesundheitswesen entgegenzuwirken. Im Jahr 2024 verzeichnete die Branche 734 Datenpannen mit jeweils über 500 betroffenen Datensätzen, durchschnittlich 2 Angriffe pro Tag und Kosten von 9,77 Millionen US-Dollar pro Vorfall – der höchste Wert aller Sektoren.
Die Lösung unterstützt Gesundheitsdienstleister bei der Einhaltung der Health Industry Cybersecurity Practices (HICP) und bietet einen einzigartigen Vorteil: Anbieter, die die Lösung implementieren, erhalten eine Cyberversicherung ohne Antragsverfahren zu einem ermäßigten Beitrag über einen A XV bewerteten Versicherungspartner.
- Solution targets a large market of 600,000 healthcare providers in the U.S.
- Includes automatic cyber insurance policy at discounted premium
- Addresses a critical market need with healthcare cyberattacks averaging 2 per day
- Targets high-value sector where data breaches cost $9.77M on average
- Entering a highly competitive cybersecurity market
- Success depends on healthcare providers' adoption rate
- No mention of pricing or revenue projections
Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - May 12, 2025) - CyberCatch Holdings, Inc. (TSXV: CYBE) ("CyberCatch'' or the "Company"), a cybersecurity company offering an AI-enabled platform solution for compliance and cyber risk mitigation, announced the launch of an innovative solution for the approximately 600,000 healthcare providers in the U.S. that have become increasingly the target of cyber attackers.
Cyberattacks have become an epidemic in the healthcare sector in the U.S.
In 2024:
- There were 734 data breaches reported at healthcare providers involving 500 or more records
- Equates to 2 cyberattacks per day or 61 per month
- Average cost of a data breach was
$9.77 million , the highest among all industry sectors
The velocity continues in 2025 and the attackers are targeting both small, mid-size and large healthcare providers, ranging from medical practices, labs, pharmacies, nursing facilities, hospitals and insurance providers.
The cyber attackers are successfully penetrating defenses and installing ransomware and stealing valuable confidential, sensitive patient data and demanding hefty ransom payments, and disrupting patient care.
"All healthcare providers need to comply with the Health Industry Cybersecurity Practices (HICP) and implement prescribed cybersecurity controls in order to attain cyber safety. Cyber safety is patient safety," said Sai Huda, CEO, CyberCatch.
"CyberCatch's AI-enabled HICP Compliance Manager solution is unique and highly effective. Any healthcare provider regardless of size that implements the solution to attain compliance will receive a no-application cyber insurance policy at a discounted premium via an A XV rated insurer partner. CyberCatch's solution is a must-have, and we expect wide adoption in the large healthcare sector in the U.S.," continued Mr. Huda.
To learn more and watch demo, visit CyberCatch.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV: CYBE) provides a proprietary, AI-enabled Software-as-a-Service (SaaS) solution that provides continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Investor Relations
Phone: 1-866-756-2923
Email: info@cybercatch.com
SOURCE CyberCatch
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251678
FAQ
What is CyberCatch's (CYBHF) new healthcare cybersecurity solution?
How many healthcare providers does CyberCatch (CYBHF) target with its new solution?
What was the average cost of a healthcare data breach in 2024?
How many healthcare data breaches occurred in 2024?
What unique benefit does CyberCatch's (CYBHF) healthcare cybersecurity solution offer?
