PORTSMOUTH, N.H., April 13, 2015 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq:EPAY), a leading provider of cloud-based payment, digital banking, and healthcare solutions today launched a patient privacy and data security solution that addresses a critical gap in protecting healthcare organizations' sensitive patient data.
Healthcare security breaches can go undetected for six months or more and a single breach can result in the exposure of patient health and financial data, reputational harm, and costs that can easily run into the millions. Aside from the financial implications, healthcare providers who are breached must fight a multi-year, uphill battle to regain patient confidence.
The Bottomline Healthcare Privacy and Data Security solution provides unique capabilities for a previously unaddressed aspect of patient privacy. While some solutions monitor transactions within individual systems and applications, healthcare providers are not able to get a true picture of user behavior because they cannot effectively aggregate data across silos and they do not store a record of everything that users viewed.
Bottomline's unique, patented solution offers a non-invasive approach to monitor, replay, and analyze user behavior across multiple systems and applications. Now, healthcare providers can identify malicious and negligent activity in real time, regardless of the origin, including imposters posing as internal employees, intentional employee misconduct, or unintentional behavior that puts patients' data and providers' reputations at risk. By capturing and analyzing keystrokes, screen views, and data access, it delivers intelligent profiling, proactive alerting, investigation, and case management capabilities.
The solution provides a sophisticated approach to managing privacy regulations and reduces the risk of noncompliance of HIPAA or HITECH. Privacy investigators have access to powerful forensic tools, analytics, and screen-by-screen replay of users' activity that can later be used during an investigation.
"The Bottomline Healthcare Privacy and Data Security solution proactively deters privacy and security threats. It delivers a critical, next line of defense by giving healthcare providers a 'digital surveillance camera' to monitor user and network activity across systems and applications," said David Sweet, Executive Vice President, Strategy and Corporate Development of Bottomline Technologies.
Visit the Cybersecurity Command Center at HIMSS15 to Learn More
At HIMSS15, Bottomline Technologies, will host a session in the Cybersecurity Command Center (North Building, Hall B, Booth 8175) titled "Beyond the Firewall: The Next Line of Defense in Protecting Patient Privacy." on April 15th at 1:45 pm CDT. To learn more about the Bottomline Healthcare Privacy and Data Security solution and the steps that can be taken to safeguard patient information, visit Bottomline Technologies during HIMSS at Booth 1648 or http://www1.bottomline.com/Healthcare_CFRM_Overview.
Bottomline Technologies serves more than 1,500 hospitals. For more information on Bottomline's full suite of healthcare solutions, visit www.bottomline.com/healthcare_solutions.html.
About Bottomline Technologies
Bottomline Technologies (Nasdaq:EPAY) powers mission-critical business transactions. We help our customers optimize operations and build deeper customer, partner, and patient relationships by providing a trusted and easy-to-use set of cloud-based digital banking, fraud prevention, payment, financial document, insurance, and healthcare solutions. Over 10,000 corporations, financial institutions, and banks benefit from Bottomline solutions. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.
Bottomline Technologies and the Bottomline Technologies logo are trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements reflecting our expectations about our ability to execute on our growth plans. Any statements that are not statements of historical fact (including but not limited to statements containing the words "believes," "plans," "anticipates," "expects," "look forward", "confident", "estimates" and similar expressions) should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors including, among others, competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' operational and financial results, refer to our Form 10-K for the fiscal year ended June 30, 2014 and any subsequently filed Form 10-Q's and Form 8-K's or amendments thereto. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.