Advantasure is a leader in the healthcare technology industry, helping to improve the performance of health plans and provider organizations. Since Advantasure works closely with doctor’s offices, hospitals, and healthcare organizations in almost all 50 states, it has a large database of confidential information, making it highly susceptible to a cyberattack. In fact, IBM Security and Ponemon Institute found that the average cost of a data breach can be up to nearly $4 million, but in healthcare, that number rises to $6.5 million - or about $429 per patient record - which is the highest among all industries. To protect its clients and its bottom line, Advantasure needed to invest in a comprehensive security program, including application security.
When looking for an AppSec vendor, Advantasure was looking for a solution that could meet the company's laundry list of requirements. As Wallace Dalrymple, Chief Secuirty Officer at Advantasure, states, "These are enough challenges within security that it's nice to have a partner where you don't have to worry about if their products are meeting your requirements or not." Veracode was not only able to meet all of Advantasure's needs, it was able to do so with industry leading products.