What Moves Us? How TauruSeer's Integrated Risk Management (IRM) Platform Will Change Healthcare

Sep 30, 2019

WOKV's 'Pete-the-Job-Guy interviews Jeremy Vaughan, Co-Founder and CEO of TauruSeer



According to HealthIT Security, Gartner, Accenture, McKinsey, FAIR Institute, KPMG, and IBM, etc. the challenges and need for a cost-effective risk management program aligned with modern cybersecurity architectures, product development methodologies, and next-gen governance frameworks are a fundamental responsibility and crucial to protect organizations and patient safety. 

Health Plans, Health Delivery Organizations, Healthcare device manufacturers, Health SaaS & mobile applications are all dependent on digital technologies, software code, systems, and personnel to produce, operate, and maintain these technologies.

Whether you work for a security-conscious organization or you’re just getting started, your needs are the same. You can not be lax on security, performance, and compliance issues and the resulting lost revenue, brand reputation damage, legal action, business interruptions, and fines that have long-term repercussions for organizations as well as their customers, shareholders, partners, and other stakeholders. Organizations need help to protect their digital assets, brand reputation, avoid legal issues, ensure compliance and maintain the continuity of their operations to remain competitive. 

Whether due to archaic processes, shortened delivery demands, a lack of resources, human error, misaligned team priorities and incentives, outdated FDA guidelines on postmarket risk and surveillance guidelines, or other contributing factors, healthcare and medical device manufacturers aren’t doing enough to create and maintain operational oversight and governance for both software and hardware. 

With a clear understanding of the operational health challenges we all face, and automated risk management framework for how to move forward, we can (and should) build a culture of digital ethics, trust, and transparency.

The challenge? IT’s targeted fixation on cybersecurity has most teams preoccupied with flagging symptoms and checking compliance boxes rather than solving systemic operational problems. It’s a huge blindspot and one of healthcare’s fastest growing threats.

So how do you disrupt the emphasis on treating cybersecurity symptoms rather than solving internal software problems and un-noticed and unchecked issues leaving patients at risk? 

WOKV's 'Pete-the-Job-Guy' recently sat down with Jeremy Vaughan, the CEO and Co-Founder of the world's leading product risk management company, a creator, entrepreneur, and extremely passionate on helping companies develop high-quality products and address systemic operational health effectively. In a world where it is now "Survival of the Fittest Supply" (U.S. NTIA on Software Transparency) his team created a uniquely collaborative process for a cost-effective risk management program aligned with modern technologies, security strategies, and delivery methods that actually works. 

TauruSeer takes software product creators, buyers, and operators and unites their risk leaders, SecDevOps teams, software engineering, and executives to collaborate and proactively take the right actions to build secure, continuously compliant, and trusted products.

TauruSeer has figured out a really unique way to get the most of organization's security investments and help CISOs defend their budgets in a cost-effective way on new innovative cloud products or updated products with emerging technologies -- in hours -- instead of months or years.

Pete was curious why Jeremy was so passionate about his business and asked about his background and exactly how he got started. After an inspirational personal story, Pete discovered technology, software, and device providers must go beyond compliance for strong risk management.

If you aren’t familiar with the risks in these technologies, here’s a little background to why TauruSeer was founded. Their vision is to help build a culture of digital ethics, trust, and transparency by following six core values:
  • Stay Patient-Friendly: Manufacturers must stay accountable by empowering patients to understand technical concepts while giving them a place to articulate product experiences that surface quality issues.
  • Surface Technical Insight for Business Leaders: Give leadership a clear and accurate understanding of the risk implications tied to tighter development timelines in the name of innovation.
  • Demand Transparency: Give security, IT, and developers a voice to articulate the value of investing in strategic initiatives, for example, Technical Debt and Code Rot.
  • Encourage Partnership: Allow policymakers to collaborate and evolve guidelines that empower companies to securely operate at the pace of modern product development methodologies.
  • Slow Down to Speed Up: Evolve “Fail Fast” cultures that “Win Faster” by giving time back to engineering resources to implement best practices, automation, and continuous process improvements.
  • Champion Visibility & Awareness: Truly care about and publicly address the real operational problems that put patients at risk.
Compliance Isn't Enough: Integrated Risk Management Is The Future

So what is Jeremy excited about?Governance, risk, and compliance (GRC) solutions are proving insufficient and are giving organizations a false sense of security. TauruSeer's more effective approach is the right platform and appropriately ready at the right time -- Gartner predicts that by 2023 -- just four years from now -- more than 60% of enterprises will have adopted an integrated risk management program, which is an increase from fewer than 40% in 2019. 

"What we are seeing, and have seen over the last five years, is a pivot away from more of a compliance-focused approach around IT and security risk that you'd typically find in a GRC program, or even in utilizing GRC technology," says John Wheeler, global research leader for Gartner's Risk Management Technology division. His focus is on IRM, which involves different ways to address risk and potentially transfer risk vehicles; for example, cyber insurance.

The “Aha! moment” is when business executives and IT leaders look beyond reactive, external approaches and into the realm of their people and processes to understand their security and IT risk in a more proactive, forward-looking posture to align with where the organizations are headed strategically. 

Bottom line… the TauruSeer team and platform is a perfect solution because they are software experts who understand emerging technologies and development methodologies, and have direct experience in implementing Zero Trust and SecDevOps in global enterprise settings.

If you’re interested in TauruSeer's powerful SaaS platform, contact us through our website and someone on our team will get back to you and do a quick interview to determine if you’re a right fit.

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