Healthcare technology startup Fabric has acquired Walmart's telehealth business, MeMD, as Walmart closes its primary care clinics. This acquisition significantly expands Fabric's reach in the employer market, enhancing its virtual care platform and incorporating MeMD's network of 30,000 employers and 5 million employees. Fabric will leverage its advanced AI and automation technologies to improve operational efficiency and patient experience across both virtual and in-person care settings. The deal also includes MeMD's clinicians, enriching Fabric's clinical capacity and adding virtual behavioral health services. Financial details were not disclosed, but the acquisition aligns with Fabric's strategy to integrate and enhance its telehealth services amidst shifts in the virtual care market.

Healthcare startup Fabric buys Walmart's telehealth business Fierce Healthcare

The evolving needs of the workplace are driving companies to reimagine the traditional internet browser for enterprise use. Originally designed for consumers, existing browsers require complex and costly measures to ensure security and functionality for business applications. To address these challenges, tech giants like Google and emerging startups such as Island and Here are developing enterprise-specific browsers with built-in security controls and improved app integration. These new tools aim to enhance productivity while reducing the need for additional security layers, with projections indicating widespread adoption by 2030. Companies like Pfizer have started integrating these solutions, citing benefits like cost savings and improved data control.

Internet Browsers Are Getting a Makeover for the Workplace - WSJ Wall Street Journal

Healthcare organizations worldwide are experiencing a significant increase in cyber attacks, leading to service disruptions and longer patient waiting times. A report by KnowBe4 highlighted that in the first three quarters of 2023, the healthcare sector faced an average of 1,613 attacks per week, approximately four times the global average. The financial impact of these breaches is considerable, with IBM noting an average cost of nearly $11 million per breach, making healthcare the most expensive sector for cyber attacks. The human cost is also notable, as evidenced by the cancellation of thousands of procedures in NHS England following an attack on Synnovis. In the United States, half of all reported cyber intrusions in 2024 targeted North American institutions, with healthcare being the third-most targeted sector. Despite the frequency and severity of these attacks, many healthcare organizations remain underprepared; 27% do not have dedicated ransomware defense programs. The high value of medical data makes the sector particularly attractive to hackers, underlining the urgent need for improved cybersecurity measures.

Cyber attacks on healthcare organizations are surging – here's why ITPro

Jen Easterly, director of the U.S. Cybersecurity and Infrastructure Security Agency (CISA), expressed skepticism about the feasibility of a U.S. ban on ransomware payments during her appearance at the Oxford Cyber Forum. Despite efforts to reduce ransomware attacks, Easterly noted the difficulty in gauging success due to the lack of a baseline. She highlighted the new Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) as a tool to better understand the cyberattack ecosystem. Easterly also endorsed CISA’s pre-ransomware notification initiative and emphasized the need for a Secure-by-Design approach to effectively combat ransomware. Comparisons were made to similar regulatory efforts in the UK and Europe.

‘I don’t see it happening’: CISA chief dismisses ban on ransomware payments The Record