WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it is partnering with global technology organizations to provide an extensive set of security bricks to bring cybersecurity into the area of modern telemedicine. Additional information about these partnerships will be announced at a later date.
In 2017, Foley Telemedicine and Digital Health Survey reported that in just three years the telehealth situation dramatically changed from 87 percent respondents not expecting their patients to use telemedicine to 75 percent having already implemented, or planning to implement, telemedicine services. This surging demand has multiple explanations. For personal convenience, health cost reduction or in case of contagious situation, patients are increasingly encouraged/advised to stay home. Remote patient monitoring (RPM) capabilities are instrumental in keeping Health Delivery Organizations (HDO) in touch with their patients.
As emphasized in the May 2019 National Cybersecurity Center of Excellence (NCCoE – part of the US National Institute of Standards and Technology [NIST]) and The MITRE Corporation description of a new project about Securing Telehealth Remote Patient Monitoring Ecosystem, cybersecurity concerns exist about having RPM equipment out of HDO secure environment. Both the US Health Insurance Portability and Accountability Act (HIPAA) of 1996 and the more recent EU General Data Protection Regulation (GDPR) enforce the protection of private data by defining clear legal responsibilities, including in the telemedicine area.
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