Wibu-Systems today announced that its CodeMeter licensing and security platform has been selected as the winner of the “Best Healthcare IoT Security Solution” Award from MedTech Breakthrough, an independent organization that recognizes the top companies, technologies, and products in the global health and medical technology market. The international competition included over 3,500 nominations across multiple categories from top companies to startups in the medical technology and digital health industry.
With the recent attention given to vulnerabilities and security threats that have been exposed in medical device endpoints, cybersecurity policies, technologies, and implementation methods are a main focus of the medical device industry. Failure to maintain cybersecurity can result in compromised device functionality, loss of data (medical or personal) availability or integrity, or exposure of other connected devices or networks to security threats. These security breaches have the potential for catastrophic consequences resulting in patient illness, injury or even death.
Wibu-Systems provides medical device developers and manufacturers with patented endpoint security solutions. The company’s CodeMeter software security platform safeguards Internet-connected medical devices and embedded systems against the many potential vulnerabilities and security threats prevalent in today’s digital age. Employing sophisticated encryption and authentication mechanisms, CodeMeter protects against Intellectual Property theft, counterfeiting, reverse engineering and tampering; with its top-notch integrity mechanisms, it protects software, firmware, and sensitive data from malicious activities. CodeMeter also provides a secure and versatile licensing system that enables new business models such as on-demand software-driven feature activation, pay-per-use billing, and secure field upgrades. CodeMeter easily integrates with existing back-office systems to automate license and entitlement management, thus reducing bottom line logistic and operational costs.
Upon receiving the award, Marcellus Buchheit, President and CEO of Wibu-Systems USA, commented: “We are honored to receive this award in recognition of our ongoing efforts to provide cybersecurity and healthcare safety solutions for the medical device industry. As more and more medical devices become connected to the Internet, the threats to patient safety and private patient data will continue to increase. We are committed to continuing the development of innovative cybersecurity solutions that will provide the necessary protections for medical devices, technicians and patients.”