Healthcare Triangle Reports Third Quarter 2023 Results

Healthcare Triangle Inc. announced Q3 2023 results, with revenue at $7.8m, down from $11.9m the previous year due to a decrease in one-time EHR implementations and consulting contracts. CFO, Thyagarajan Ramachandran highlighted the new ransomware protection initiative and the development of readabl.ai solutions. He expressed confidence in new revenue drivers set to improve the company’s […]
Healthcare Triangle Reports Third Quarter 2023 Results

Healthcare Triangle Inc, a leader in digital transformation solutions for healthcare, announced Q3 2023 financial results revealing total revenue of $7.8 million. It unveiled a new initiative to provide robust cybersecurity services and highlighted its aims to expand business in 2024. Despite a loss from operations, the company secured various contract extensions and projects for […]
Healthcare Triangle Reports Third Quarter 2023 Results

US-based healthcare and life sciences industry solutions provider Healthcare Triangle (HCTI) reported Q3 2023 revenue of $7.8m, compared to $11.9m in Q3 2022, driven by EHR implementations. The company launched a ransomware protection initiative for health systems, and spoke of entering managed cloud services and data modernisation opportunities with pharma customers. It also won a […]
2.2 Million Impacted by Data Breach at McLaren Health Care

Michigan-based McLaren Health Care has begun informing approximately 2.2 million individuals that their personal data, including health insurance and medical details, were compromised in a data breach that occurred between July and August 2023. The organisation, which discovered the breach on 22 August, has stated there is currently no evidence of misuse of the stolen […]
Malicious Python packages targets developers

Recent research shows a rise in malicious code posing as Python obfuscation packages.
Concentric AI Showcasing Generative AI-Driven Data Security Posture Management (DSPM) Platform at Health-ISAC’s 2023 Fall Americas Summit

Concentric AI will showcase its AI-based solutions for autonomous data security at the Health-ISAC’s 2023 Fall Americas Summit. The company’s platform uses deep learning to autonomously discover and classify healthcare data, identify risks, and create policies to prevent data loss. It also assists in compliance with HIPAA and HITRUST. Concentric AI’s platform is designed to […]
How to balance privacy and innovation

Handling big data involves ethical implications that companies need to consider. Industries should prioritize data privacy, minimize data collection, and use data anonymization to safeguard individual identities. Transparency in data algorithms and usage fosters trust among consumers, who grant their informed consent. Compliance with data rules and regulations also prevents infringement on consumer rights. A […]
Google Files Suit Over Fake AI Chatbot That Downloads Malware

Google is suing five anonymous scammers for tricking people into downloading a fake version of its AI chatbot Bard that contained malware, thus allowing the scammers to access users’ social media accounts. The lawsuit is a first of its kind from a major tech company.
OmniLife Health’s Clinical Workflow Solution Focuses on Complex Care

Dalton Shaull co-founded clinical workflow automation firm OmniLife following a car accident that led to a nerve transplant. Following conversations with a relative and a transplant surgeon, he became aware of issues in transplant workflows. This sparked Shaull to design FlowHawk, a platform that connects healthcare teams for more efficient patient care. Since its launch […]
Crypto Wallet Suffers $27 Million Loss in Single Cyberattack

A hacker stole $27 million from a cryptocurrency wallet, quickly converting Tether coins into Ethereum and then Bitcoin to hide the theft. The hacked wallet received deposits from Binance shortly before the theft. This came a week following a cyber attack on Poloniex that resulted in over $124 million in stolen assets, highlighting vulnerabilities in […]