Laura Taylor - August 27, 2004
Printer Friendly
* E-mail Article
o
To: (e-mail address)
**
From: (e-mail address)
**
Subject:
Message:
*
Contact Us
Newsletter RSS
Rate this article
Average Reader Rating 0.00
Featured Author
HIPAA-Watch for Security Speeds Up Compliance
Part One: Vendor and Product Information
Featured Author - Laura Taylor - August 27, 2004
Executive Summary
HIPAA-Watch for Security is a tool designed to guide organizations through the risk analysis required by the Health Insurance Portability and Accountability Act (HIPAA) compliance process (US). Relevant Technologies, a leading security research and advisory firm, evaluated HIPAA-Watch for Security to verify how well it performed in guiding organizations through the HIPAA security risk analysis process.
Vendor Background and Information
RiskWatch was founded in 1993 in Landover, Maryland (US) with the idea of automating risk assessment modeling for the Department of Defense. Founder, Caroline Hamilton, a statistical modeling expert, put together a prototype for a risk analysis tool and then managed its development into an innovative risk analysis product which was adopted initially by NASA and then the US Patent and Trademark Office.
The original product grew into a full featured product line, and today, HIPAA-Watch for Security (HIPAA-Watch) is just one of seven products in the suite of risk analysis tools offered by RiskWatch. In the last three years, and with the aftermath of 9/11, RiskWatch has seen unprecedented growth and has expanded into international markets. RiskWatch anticipates that its biggest growth in the near term will be in HIPAA and financial compliance (Sarbanes Oxley and Gramm-Leach-Bliley). RiskWatch is actively looking for qualified investors who share the vision of becoming a world leader in risk analysis. Without new investment capital, Relevant Technologies expects that RiskWatch could become a potential acquisition target by a larger information security monolith.
| SOURCE: |
0 comments:
Post a Comment