Healthcare organizations including insurance companies, labs, providers, and pharmacies are prime targets for cyberattacks. According to Malwarebytes Lab, there was a 60 percent increase in threat detections in the healthcare sector during the first three quarters of 2019. Today, the average healthcare organization spends $1.4 million to recover from a cyberattack.
Business email compromise (BEC) scams are also rapidly increasing, particularly within manufacturing and construction industries. According to a Treasury Department analysis, the total value of attempted BEC thefts climbed to an average of $301 million per month in 2018. The Financial Crimes Enforcement Network (FinCEN) reports perpetrators typically use methods such as spear phishing, specialized malware, and spoofed emails to compromise a key email account.
Though the majority of organizations are aware of the security risks surrounding email, many are still hesitant to revert back to fax due to its antiquated image. However, fax technology is no longer synonymous with slow machines, phone lines, paper, and toner. Today, fax is cloud-based and virtual, providing new ways for businesses to securely send and receive information from an unlimited number of endpoints and devices.
By leveraging the security of fax technology with the scalability of the cloud, organizations can exchange sensitive information faster and more securely. etherFAX’s secure, cloud-based, and encrypted fax solutions are SOC 2, HIPAA, and PCI DSS compliant to provide 100% secure communications within healthcare, finance, legal, and enterprise organizations.
Utilizing the Internet to manage all business-critical fax communications, etherFAX eliminates the need for costly and unreliable network fax systems such as fax boards. The etherFAX Secure Exchange Network (SEN) is the world’s largest virtual fax network, supporting every major fax server, application, and fax-enabled device so you can receive faxes online. With direct fax, communications never traverse an external telephone network while Black and White lists place further restrictions on the flow of secure information.
To guarantee that information is encrypted from the moment it leaves the sending device or application until it is accepted and validated by the receiving party, etherFAX SENx utilizes well-defined, end-to-end encryption methods such as those defined in the Elliptic Curve Integrated Encryption Scheme (ECIES). Even if a third-party were able to eavesdrop on the network communication, the information itself would be indecipherable.
In addition to security, etherFAX guarantees that every document sent on the Secure Exchange Network is transmitted with ultra-fast transmission speeds. For example, a 50-page document traditionally takes up to 30 minutes to transmit. With etherFAX, the same document can be delivered within seconds. Even full color, high-resolution images can be sent near-instantaneously with superior clarity and guaranteed delivery. etherFAX also eliminates busy signals and can handle multiple inbound call simultaneously thanks to a vast array of virtual ports that are always ready to send and receive faxes.
Overall, to protect business-critical communications and confidential information, organizations must implement a secure document delivery solution that provides defense-in-depth strategies and end-to-end encryption. With etherFAX, organizations can fax without limits. If your organization is looking to replace fax, we can help! Speak with an etherFAX representative now.