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Prescription Savings Innovator's Clever Approach to Encryption Paves Way for Protecting Patient Data in the CloudSaving patients money on rising prescription costs is only half of the challenge faced by Rx Savings Solutions, an emerging software-as-a-service provider that helps patients and self-insured employers find the best price on medication. Preventing data breaches by building patient trust through compliance, security and confidentiality is the biggest cost avoidance opportunity of all. To ensure their customer and patient data is protected, Rx Savings Solutions relies on FireHost as its secure managed cloud provider. Today, FireHost announces that Rx Savings Solutions is taking an extremely proactive approach to reducing risk by utilizing its managed encryption service for data-at-rest protection. The encryption service, managed by FireHost's security experts, is based on technology from encryption leader Vormetric, one of its key partners. Together, the partnership between FireHost and Vormetric is redefining the approach security- and compliance-driven companies can take in protecting sensitive data through a managed cloud provider model. Key Highlights
Quotes Bo Lais, CTO | Rx Savings Solutions "Protecting ePHI data is a top priority for Rx Savings Solutions and, therefore, encryption plays a key role in our security framework. We take advantage of FireHost's partnership with Vormetric to utilize sophisticated encryption to protect the sensitive personal data of our members. The service is part of our strategic approach to embrace FieHost's secure managed cloud provider model to help us protect member data and operations. This enables us to smartly balance our focus and help educate our members on their prescription medication options." Kurt Hagerman, CISO | FireHost "True cybersecurity and compliance programs are organic and always evolving. Proactive organizations constantly evaluate their security posture, risk and compliance scope. Rx Savings Solutions is an extremely forward-thinking healthcare IT company that is doing just that. They acknowledge the strengths of their in-house and external teams and play to their strengths for the reason that matters most - putting the health and security of their patients first." CJ Radford, VP Cloud | Vormetric "Use of data-at-rest encryption, access controls and access monitoring are among the strongest, and most proven best practices for preventing data breaches, and also allow healthcare organizations to meet many ePHI requirements. With their use of these security controls, Rx Savings Solutions is taking a market-leading stance - using protection for their customers' private information that reaches beyond compliance requirements to stop the most advanced threats to data." Resources
About Vormetric Vormetric is the industry leader in data security solutions that protect data-at-rest across physical, big data and cloud environments. Vormetric helps over 1500 customers, including 17 of the Fortune 30, to meet compliance requirements and protect what matters - their sensitive data - from both internal and external threats. The company's scalable Vormetric Data Security Platform protects any file, any database and any application's data - anywhere it resides - with a high performance, market-leading solution set. For more information, please visit: www.vormetric.com. About FireHost FireHost offers the most secure, managed cloud available, protecting sensitive data and brand reputations of some of the largest companies in the world. With private cloud infrastructure built for security, compliance, performance and managed service, responsible businesses choose FireHost to reduce risk and improve the collection, storage and transmission of their most confidential data. Based in Dallas, FireHost is the chosen secure private cloud service provider for brands that won't compromise on the security of their payment card, healthcare, and other regulated data. For more information, visit www.firehost.com.
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