Venafi: Securing the Digital Heart

Venafi: Securing the Digital Heart

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Jeff Hudson, CEO, VenafiJeff Hudson, CEO, Venafi
Cloud, mobile and IoT technologies have led to a dramatic digital transformation in the healthcare industry. Networks are exploding with machines, each of which has a digital identity that must be secured. But a dark world rife with cybercriminals lurking beyond the walls of today’s digital revolution. These predators want to break into networks by stealing machine identities, the digital hearts of connected devices.

The healthcare industry understands the importance of protecting critical human-related data, but unprotected machine identities can easily be breached by cybercriminals. Most healthcare organizations and care providers lack visibility into their machine identities within their network infrastructure. In addition, many have little awareness about their security posture, let alone which machine identities are active.

A security technology innovator with over 30 patents to its name, Venafi understands that “protecting machine identities is the foundation to protecting the digital world,” explains Jeff Hudson, Venafi CEO. To that end, healthcare corporations use Venafi’s robust platform to create a world where machines are fully protected.

“When machine identities expire, the critical elements of an organization cease to work. This can obscure visibility,” Hudson says. According to Hudson, organizations need to shift their attention from user identities to machine identities as well. “It’s crucial to have a clear understanding of which machines can access HIPAA information,” Hudson continues. If, for example, a machine storing HIPAA information falls into the hands of a cybercriminal or a nation-state, it could imperil the privacy of patients and leave healthcare organizations liable for regulatory penalties and litigation.

The Venafi platform secures machine identities by concentrating on three fundamental areas: visibility, intelligence and automation.

Protecting machine identities is the foundation to protecting the digital world

First, Venafi gives healthcare providers a clear view of the active machine identities with access to various network resources. Second, Venafi provides intelligence on the risks associated with those network resources at machine speed and scale. The platform’s continuous monitoring and reporting capabilities let users make sure only machines with legitimate identities are approved and implement policies to restrict access to sensitive data to these approved machines.

Third, the platform puts this intelligence into action by automating the issuance, renewal and if necessary, revocation of machine identities. The platform also helps clients avoid dreaded network outages by properly configuring keys and certificates of the machines in their network and ensuring they meet compliance requirements.

Let’s look at an example. One of Venafi’s clients, a Fortune 500 healthcare company, managed all their keys and certificates using a spreadsheet for tracking and management. Relying on manual processes made the client vulnerable to network outages as well as cyber attacks. After they became a Venafi customer, the client was able to prevent and remediate outages. Moreover, they were able to automatically update their public key infrastructure (PKI) through Venafi’s companion solutions. Ultimately, with Venafi’s robust platform, the client was able to improve their internal IT services, discover additional keys and certificates, and increase visibility.

Venafi delivers its innovative solutions to Global 5000 organizations, including the top five U.S. health insurers. The company also launched its Machine Identity Protection Development Fund in December 2018, which has set aside $12.5 million to train clients and build connectors between their solutions and the Venafi platform.

Bad actors are always evolving, and machines are quickly growing in types and complexity. In our modern era, Venafi succeeds in helping healthcare organizations tackle the many challenges brought about by the proliferation of machines—and their identities.