It is important for HealthTech startups to know that a single CYBERSECURITY attack in the healthcare sector can cost businesses approximately $10.1 million. Many HealthTech startups that are innovating in this space are required and obligated to adhere to standards such as HIPAA and SOC2
Failing to implement robust security standards and experiencing breaches in patient information can severely impact even the most successful unicorn companies, leading to significant devaluation.
Today's guest is Justin Beals, the CEO Strike Graph, a comprehensive platform designed to empower companies and healthtech startups with the necessary tools for creating, managing, and evaluating a strong compliance program.
This platform focuses on enhancing customer confidence which, in turn, can significantly increase revenue and facilitate smoother integration within the healthcare sector.
This episode is brought to you by Mesh Ai:
For sponsoring future episodes, please email us at roupen@deltahealth.tech
Time stamps:
00:00 - Introduction
02:25 - Introduction to Striking Graph
03:26 - Understanding HIPAA Compliance
03:46 - Exploring SOC 2 Compliance
07:17 - GDPR Explained
09:30 - ISO 27001 Overview
10:50 - HITRUST Certification Discussion
12:16 - Innovation in Healthcare: Compliance Differences Between SaaS and Medical Devices
14:20 - Timeline and Requirements for Achieving HITRUST Certification
16:35 - Estimating Costs for HIPAA and SOC 2 Compliance
18:10 - Common Pitfalls in Scaling Compliance Programs
23:21 - Ensuring System Security Post-Compliance Implementation
31:35 - Strike Graph's Role in Enhancing Healthcare Security Compliance
33:31 - Advice for Health Tech Startups at the Beginning of Their Journey
Watch on YouTube: https://youtu.be/6HGzrYBnTvg
Roupen Odabashian:
LinkedIn: https://www.linkedin.com/in/roupen-odabashian-183aaa142/
X: https://twitter.com/RoupenMD
For sponsorships please Email: roupen@deltahealth.tech
:
Justin Beals:
LinkedIn: https://www.linkedin.com/in/jubeals/
Strike Graph:
Website: https://www.strikegraph.com/
LinkedIn: https://www.linkedin.com/company/strikegraph/
HealthTech Cybersecurity startup, healthcare tech startups, health tech startups, health tech companies, healthercare tech startups
