Cynerio News
19 articles
Move expands company’s offerings amid growing threats to connected medical devices.
Axonius, a cybersecurity unicorn, is acquiring Cynerio, a healthcare IoT cybersecurity startup, for $180 million, with the potential to increase to $250 million based on milestone achievements. This acquisition will allow Axonius to expand its offerings into the healthcare and critical infrastructure sectors, potentially increasing its annual recurring revenue by tens of millions of dollars. Cynerio, founded in 2018, specializes in protecting medical devices from cyberattacks and has raised $50 million in funding. The acquisition will integrate Cynerios technology into Axonius platform, enhancing its global reach and competitiveness against companies like Claroty.
Acquisition
Maccabi Healthcare expands cybersecurity with Cynerio’s advanced platform
Maccabi Healthcare Services has expanded its cybersecurity framework by implementing Cynerio’s platform. The move aims to protect patient data and maintain the continuity of healthcare services amid increasing ransomware attacks on healthcare systems in Israel. Cynerio’s platform offers comprehensive protection for medical devices and Internet of Things (IoT) systems. The company, founded in Israel and operating globally, is a leader in healthcare cybersecurity. It uses Generative AI (GenAI) to enhance its technological capabilities, including network traffic analysis and product development.
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Cynerio extends Healthcare Cybersecurity Platform to improve patient data protections - Help Net Security
Cynerio, a cybersecurity company, is expanding its Healthcare Cybersecurity Platform to better protect patient data and combat increasing cyber threats. The platform focuses on four main areas: patient data security, network detection and response, complete asset visibility, and medical device security. The companys CEO, Leon Lerman, stated that the expanded platform aims to provide comprehensive and tailored solutions that empower healthcare executives to navigate the complex cybersecurity landscape with confidence.
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Cynerio and Ponemon Study Finds Frequent Cyber Attacks and Insufficient Accountability in Healthcare Adversely Impact Patient Care
A report by Cynerio and the Ponemon Institute reveals that almost half of hospitals have been attacked with ransomware, and 76% of victimized hospitals were attacked 3 or more times. The report highlights the frequent and recurring nature of cyberattacks on healthcare facilities and network-connected IoT and medical devices. It also emphasizes the financial losses measured in the millions and the failure to take basic cybersecurity measures. The survey conducted with 517 healthcare systems in the United States found that cyberattacks adversely impact patient care, with increased mortality rates reported. The report calls for improved cybersecurity funding, training, and policy creation for healthcare providers.
Customers
Cynerio and ITHealth Form Strategic Partnership to Protect NHS Trusts
Cynerio, a leader in healthcare IoT cybersecurity, has announced a new partnership with ITHealth, a major provider of security solutions and services to the NHS. The partnership aims to enhance the visibility and security of NHS organizations IT, IoT, and medical device infrastructure, while ensuring compliance with NHS regulations. The integration of Cynerios healthcare cybersecurity solution with ITHealths Assurance Dashboard will provide granular visibility into security posture, automate compliance, and reduce cyber risk. The partnership is expected to contribute to the growth of Cynerio in the healthcare IoT cybersecurity market.
Partners
Cynerio and Securonix Announce Partnership for Advanced Medical Device Visibility and Security
Cynerio has announced a new partnership with Securonix to provide hospitals and healthcare systems with an integration for advanced medical device security and visibility capabilities. The integration will offer deep insight, real-time network and security visibility, and accelerated incident response for healthcare organizations. With the increasing number of cyber-attacks on healthcare facilities, the partnership aims to enhance network and security visibility to better protect patients and mitigate potential security threats. The integration between Cynerio and Securonix will enable healthcare organizations to fight back against growing threats in the healthcare industry.
Partners
"American employees tend to do more homework ahead of the interview," according to Israel's Cynerio
Cynerio, a healthcare IoT cybersecurity company, shares tips on recruiting and setting up shop in the U.S., specifically in New York. The article discusses the differences in recruiting culture between the U.S. and Israel, as well as the similarities in workplace culture between New York and Israel. Cynerio highlights the advantages of operating in New York, such as access to talent and a strong healthcare ecosystem. They also mention the positive impact of the COVID-19 pandemic on their work, with increased awareness of security and resilience in hospitals. Cynerio has raised $40 million in funding from investors including Alive Ventures, Elron, Accelmed, and MTIP.
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Cynerio raises $30 million to secure medical and IoT devices in hospitals and health systems
Cynerio, an Israeli healthcare IoT cybersecurity and asset management startup, has secured $30 million in series B funding. The investment round was led by ALIVE Israel HealthTech Fund, with participation from existing investors Accelmed, RDC, Elron, and MTIP. Cynerio plans to use the funding to expand its channel program, form strategic partnerships, and enhance its security platform. The company aims to become the go-to cybersecurity and asset management solution for the healthcare industry. Cynerio experienced significant growth in 2020, with a 300% year-over-year revenue increase. The funding will support technological development, customer support, and global expansion. The company was founded in 2018 and currently employs 40 people, with plans to recruit additional employees for its R&D center in Ramat Gan.
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Cynerio Named a Cool Vendor by Gartner in Cyber-Physical Systems Security Report
Cynerio, a provider of Internet of Medical Things (IoMT) security solutions, has been named a Cool Vendor in the 2020 Cyber-Physical Systems Security Report by Gartner. The company provides visibility into connected medical devices, including location and profiling, as well as ongoing healthcare-specific risk analysis and accurate anomaly detection. Cynerios CEO, Leon Lerman, stated that the recognition by Gartner is a huge honor and verifies that their medical-specific approach is essential in healthcare, where cybersecurity equals patient security.
Customers
Cynerio Named a Leader in Connected Medical Device Security Evaluation by Independent Research Firm
Cynerio, a provider of Internet of Medical Things (IoMT) security solutions, has been named a leader in the Forrester New Wave™ report on connected medical device security. The company received high scores in the current offering and strategy categories and a differentiated rating in seven out of ten criteria. Cynerio takes a medical-first, risk-based approach to cybersecurity and asset management for healthcare organizations. The companys platform provides visibility into connected devices, anomaly detection, and continuous risk analysis. According to Forrester, Cynerio leads in comprehensive threat analytics and clinical insight and is best for companies that value technical flexibility. Customer references cited in the report praised the products device auto-segmentation feature. Cynerio is committed to developing solutions that help hospitals navigate the complex world of healthcare IoT security.
Partners
RoltaAdvizex Partners with Cynerio to Deliver IoMT Cybersecurity Solutions to North American Healthcare Organizations
Cynerio and RoltaAdvizex have announced a partnership to deliver IoMT Cybersecurity solutions throughout North America. The partnership aims to provide healthcare organizations with cutting-edge technology and expertise to protect connected medical devices and healthcare IoT. The collaboration will result in innovative solutions that reduce costs, improve patient experience, and increase population health. RoltaAdvizex will leverage its network of healthcare cybersecurity experts to expand Cynerios reach and serve a wider range of customers. The two companies will soon announce a joint special offering tailor-made for the healthcare industry.
Partners
Will the next cyberattack be in the hospital?
Israeli startup Cynerio has raised $7 million for its technology designed to protect medical devices from cyberattacks. Cynerio addresses the growing market for the Internet of Medical Things and provides cybersecurity solutions for hospitals. The company uses machine learning to understand the behavior of hospital networks and protect against attacks. Cynerios software is already being used in hospitals in Israel and the new financing will allow the company to expand to the United States.
Customers
Cynerio Named 2019 Global Excellence Award Winner in 15th Annual Info Security Product Guide Awards Healthcare Dive
Cynerio, a provider of medical device and IoMT security solutions, has been awarded Gold for Healthcare Security Products and Bronze for Start-Up of the Year in the 15th Annual 2019 Info Security Product Guide’s Global Excellence Awards. The awards recognize the companys advanced products and solutions in the field of cybersecurity and information technology. Cynerios technology analyzes medical workflows in the IoMT ecosystem, continuously discovers devices on the network, provides risk analysis, detects anomalies, and prevents cyber threats. The recognition validates the companys commitment to protecting patient data and safety.
Customers
Cynerio Cisco ISE Integration Certified to Protect Patient Safety by Securing Connected Medical Devices
Cynerio, a provider of medical device and Internet of Medical Things (IoMT) security solutions, has announced its certification as a Cisco partner. The integration with Cisco Identity Services Engine (ISE) allows healthcare organizations to enhance their existing infrastructure and protect patient safety by securing medical devices. Cynerios healthcare-driven behavior analysis platform provides a better understanding of the risk type and priority for each connected medical device, enforcing access policies that ensure normal clinical communication flows while blocking malicious communications. The partnership with Cisco enables healthcare organizations to protect their weakest link - the connected medical devices and IoMT. Cynerios technology offers ongoing visibility, risk assessment, anomaly detection, and protection against cyber-attacks without interfering with clinical workflows.
Partners
Israel Cybersecurity Company Courts Atlanta Hospitals
Israeli-based cybersecurity company Cynerio has received $7 million in funding to fuel its growth in North America. The company is focusing on Atlanta as part of its efforts to gain business in the Southeast, leveraging its existing connections with Conexx, the America Israel Business Connector. Cynerios technology helps protect medical devices from cyber attacks, ensuring the safety of patients and the continuity of hospital operations. The company will be meeting with prospective clients in Atlanta, specifically hospitals with over 100 beds, and will also hold a lunch and learn event hosted by Smith, Gambrell & Russell. Cynerios technology is already being used by hospitals such as Rambam Hospital and Tel Aviv Medical Center to protect sensitive data.
PartnersInvestment
Hospital cybersecurity co Cynerio raises $7m
Israeli medical device cybersecurity company Cynerio has raised a $7 million financing round led by RDC, Accelmed, and MTIP. Cynerio provides a cybersecurity platform for hospitals and medical institutions, focusing on medical devices. The companys solution is designed to secure smart devices used in healthcare, which often lack proper security measures. The financing round will help Cynerio expand its operations, particularly in the US, where it plans to hire 10 employees.
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Israeli Hospitals Move to Protect MRI, Insulin Pumps from Cyber Attacks
Tel Aviv Sourasky Medical Center and Rambam Healthcare Campus have contracted cybersecurity company Cynerio Israel Ltd. to deploy its technology in their systems. The collaboration between the hospitals and Cynerio is valued at hundreds of thousands of shekels a year. Cynerios technology combines machine learning with medical workflow analysis to monitor connections to medical devices, detect anomalies, and stop threats. The hospitals previously employed cybersecurity for their networks but did not have a dedicated defense system for their devices. The collaboration aims to enhance the security of medical devices in the hospitals.
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Cynerio Enters Global Healthcare Cybersecurity Market
Cynerio, a cybersecurity company, aims to protect the healthcare industrys connected medical device ecosystem from cyber threats. The company provides healthcare providers with a tailor-made solution that offers complete visibility into their medical device ecosystem, helping them meet HIPAA regulatory requirements. Cynerio recently completed a multi-million dollar funding round from investors Elron and Accelmed. The company made its US debut at the HIMSS healthcare industry conference and announced its partnership with Rambam Hospital. Tel Aviv Medical Center is also using Cynerios technology to protect its sensitive data. Cynerios technology incorporates visibility, detection, and protection capabilities to ensure patient safety and data protection. The company will be exhibiting at the RSA Conference in San Francisco.
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Cynerio Delivers Innovative Protection of Medical Devices & Their Sensitive Data to Top Israeli Healthcare Organization Rambam
Rambam Hospital is piloting Cynerios cybersecurity technology to protect its medical device ecosystem from cyber threats. Cynerios technology provides continuous device discovery and classification, full visibility into device activity and associated risk, and protection against anomalous activity. Rambam Hospital, the largest in Northern Israel, is the only provider of Level-1 trauma medicine and serves as the tertiary referral center for twelve district hospitals. The hospital generates a large amount of sensitive data each year and has a growing number of connected medical devices that could become vulnerable to cyberattacks. Cynerios technology uses machine learning to accurately detect anomalies in the medical device ecosystem. Cynerio will showcase its solution at the HIMSS Conference & Exhibition in Las Vegas.
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