Cybersecurity and Risk Management in the Healthcare Industry: Atlas Systems' ComplyScore

Friday, 18 October 2024, 11:10

Cybersecurity is a growing concern, and Atlas Systems aims to address it with ComplyScore, their new risk management software designed for the healthcare industry. This innovative tool is essential for mid- and large-sized companies to tackle rising cyber threats effectively. With the global economy projected to lose USD 10.5 trillion to cybercrime by 2025, the introduction of ComplyScore underscores the urgent need for robust cybersecurity measures.
Rediff
Cybersecurity and Risk Management in the Healthcare Industry: Atlas Systems' ComplyScore

Innovative Cybersecurity Software Launch

Chennai, Oct 18 (PTI) - Atlas Systems, a leading provider of AI-enabled information technology operations and risk management solutions, has launched ComplyScore, a cutting-edge cybersecurity software tailored for mid and large-sized companies. The software is aimed at mitigating the pervasive risks associated with cyber threats, particularly in the healthcare industry.

Enhancing Cybersecurity in Healthcare

Atlas Systems' Founder-CEO Venugopala Chalamala highlighted that the company is focusing on healthcare to maximize opportunities for ComplyScore. Originally serving clients, including Fortune 100 companies, in the United States, Atlas is now pivoting towards enhancing its presence in the Indian market.

  • Projected cost of global cyber crime: USD 10.5 trillion by 2025
  • Impact of ransomware threats: 72.7% of organizations affected in 2023
  • Average data breach cost: USD 4.88 million in 2024

Chalamala asserted, "Every company wants to mitigate risk in different dimensions, with cybersecurity being a crucial aspect." The introduction of ComplyScore is timely given the increasing complexity of cyber threats across industries.

Future Prospects of Cybersecurity Initiatives

As reported, the cybersecurity market in India is expected to grow at a CAGR of 15% by 2026. Furthermore, the Central government may soon enact laws designed to strengthen data privacy, a significant step forward for the nation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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