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Pango Introduces Protection Against Medical Identity Theft and Fraud
Wednesday, April 30, 2025
BOSTON, April 22, 2025 /PRNewswire/ -- Pango, a leader in online security solutions, today announced the launch of a cutting-edge medical data protection product, designed to protect consumers from medical identity theft, healthcare fraud and billing inaccuracies.
In 2024 alone, over 250 million individuals had their medical information compromised in a medical breach (HIPAA Journal). This is a massive problem that will only continue to worsen as medical institutions store more and more patient data, leading to medical identity theft and fraud. In fact, medical data is 50x more valuable than credit card information on the dark web (HealthLock).
"At Pango, we are focused on providing businesses with all the tools they need to keep their consumers safe online. With the meteoric rise of medical data breach, we knew we needed to develop a solution that could help protect consumers from this unique and sensitive threat " said Tom Serani, Chief Channel Officer at Pango. "Our new solution not only delivers AI-powered medical protection, it also equips partners with a tool that can deepen customer relationships - increasing customer retention and unlocking new growth opportunities."
Consumers need a solution that not only safeguards their sensitive medical record, but also proactively protects them from medical fraud. Pango's medical protection solution offers consumers real-time monitoring, proactive alerts, and expert remediation to protect both consumers and businesses. Pango's proprietary APIs and SDK allow partners to seamlessly integrate our solution into an existing consumer product offerings across healthcare, cyber, financial, and insurance institutions to meet consumer security needs.
How Pango's medical protection works:
-- Monitor - 24/7 monitoring of medical and healthcare data to determine
whether consumers' private medical information is as risk or has been
exposed in a medical data breach
-- Alert - Alerts consumers in real-time when suspicious activity is
detected so that action can be taken before it is too late
-- Resolve - In the event of medical identity theft or fraud, a dedicated
case manager will assist in recovering and protecting personal
information
-- Recover - Pango's medical protection solution utilizes various
technologies to track all insurance claims and medical bills to prevent
medical billing fraud" instead.
-- Insure - $1M insurance policy covers eligible losses to medical identity
theft, including the theft of healthcare insurance plan ID and health
savings account, with no deductible
Pango's new medical protection joins a suite of consumer security solutions that are designed to help partners drive proven growth. This solution can be deployed into existing offerings to increase ARPU, offered as an exclusive member perk to impact retention and integrated into your company's platform to drive engagement. Pango's experienced team provides all the necessary tools to launch and grow.
By combining AI-driven fraud prevention, real-time alerts, and expert remediation, Pango's new medical solution enables individuals and businesses to take control of their healthcare privacy and financial security. For more information on Pango's medical protection, visit www.pango.co/medical-monitoring.
About Pango
Pango offers a customizable suite of digital security solutions designed to boost customer loyalty and retention, fueling business growth. As pioneers in digital protection, Pango is committed to safeguarding your customer's data and ensuring security through our trusted portfolio of products. Partner with Pango to unlock the full potential of your business and shape a brighter, more secure future. Pango is a part of Point Wild - a global leader in cybersecurity. To learn more, visit www.pango.co.
About Point Wild
Point Wild is a global leader in cybersecurity, protecting individuals and businesses from the ever-evolving threats of the digital world. Powered by a unified product platform and more than 20 years of expertise, our industry-leading brands deliver best-in-class security solutions-including device protection, online privacy and identity theft prevention-to move more than 25 million users worldwide. To learn more, visit www.pointwild.com.
Media Contact: Sydney Harwood, sydney.shapiro@pointwild.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/pango-introduces-protection-against-medical-identity-theft-and-fraud-302433550.html
SOURCE Point Wild
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