Thomas Jefferson University & Jefferson Health Selects Matchlight from Terbium Labs, the World's Only Fully Private Digital Risk Protection Solution
Top U.S. academic medical center makes a strategic investment in Terbium Labs, leveraging its private digital fingerprinting technology to legally monitor highly-regulated PHI, employee records, and confidential medical research
BALTIMORE, March 18, 2021 /PRNewswire/ -- Terbium Labs, the premier Digital Risk Protection (DRP) company, today announced a strategic investment from Jefferson Health and Thomas Jefferson University. Terbium will use the new funding to accelerate product development of Matchlight's third-party, healthcare-focused integrations, enabling automated and secure monitoring of PHI, employee records, and confidential medical research.
"To help protect our PHI and PII, we needed a secure and proactive solution, one that can integrate into our existing systems — ranging from our HR management platform to our research data management platform to our patient portal — ensuring we are monitoring all of our valuable assets, while staying compliant with regulations tied to this type of data. With its digital fingerprinting technology, Terbium's Matchlight is the only solution on the market that has the ability to legally handle our most critical data. With the strategic investment, we are excited to collaborate with Terbium Labs in the development of Matchlight's third-party integrations, which will allow us to automate the fingerprinting process with our key systems", said Mark Odom, Vice President and CISO at Thomas Jefferson University & Jefferson Health.
After being introduced to the Matchlight solution, and supportive of its potential, Mr. Odom approached Jefferson's Strategic Ventures group about exploring something more strategic than simply a vendor-vendee relationship. "Mark approached us and said not only is this a really interesting solution, but we believe we can help them," says Jason Bowne, VP of Investments, and who directly supports Jefferson's venture and Innovation efforts. "Both sides were excited to engage in something deeper, and this was exciting for our office because while we receive immense support from our IS&T colleagues, this is our first strategic investment into digital security and a terrific opportunity to allow them front and center, leveraging IS&T's subject matter expertise."
Offering the only private DRP solution in existence that has the ability to monitor highly-regulated, sensitive data, Matchlight's patented digital fingerprinting technology creates a one-way digital signature of any type of data, enabling Thomas Jefferson University & Jefferson Health to automatically ingest and monitor for its sensitive information without revealing it to anyone – not even Terbium. Delivering zero false positives, vetted alerts, and curated reports, Matchlight helps the Thomas Jefferson University & Jefferson Health security teams to continuously evaluate the organization's risk profile, including where its data can be found across the open, deep, and dark web, how its risk evolves over time, and what can be done to remediate any exposure.
About Terbium Labs Terbium Labs empowers organizations to reduce the risk of inevitable data exposure. Matchlight, the company's comprehensive digital risk protection (DRP) platform features continuous digital asset monitoring, robust analytics, and actionable intelligence, to quickly identify and minimize the impact of exposed data across the Internet – whether it's the open, deep, or dark web. Featuring its patented data-fingerprinting technology that ensures private data stays private, unique fusion of data science and machine learning, and dedicated analysts, Terbium Labs provides pinpoint accuracy for early detection and remediation of data exposure, theft, or misuse across the digital landscape. Learn more about Terbium Labs' unique approach to DRP by visiting terbiumlabs.com or on Twitter @TerbiumLabs.
About Jefferson Jefferson, located in the greater Philadelphia region and southern New Jersey, is reimagining health care and education to create unparalleled value. Jefferson is more than 30,000 people strong, dedicated to providing the highest-quality, compassionate clinical care for patients, preparing tomorrow's professional leaders for 21st century careers, and discovering new treatments to define the future of care. Thomas Jefferson University, home of Sidney Kimmel Medical College, dates back to 1824 and today comprises 10 colleges and three schools offering 160 undergraduate and graduate programs to more than 8,100 students. Jefferson Health serves patients through millions of encounters each year at 14 hospitals (seven are Magnet® designated by the ANCC for nursing excellence) and over 40 outpatient and urgent care locations throughout the region.