VirusMD Corp. Nominated for Best MSSP of 2002

DALLAS, TX — Secure Computing Magazine has selected VirusMD Corporation as a worldwide Academy Award Nominee for “Best Security Service” of 2002. VirusMD, a leading Managed Security Services Provider (MSSP), was selected from a large pool of applicants for its security consulting service.

“We were delighted to hear of our nomination as Best Security Service of 2002,” reports Darius Peikari, MD, Chief Operating Officer of VirusMD Corporation. “The competition was stiff this year, so it is an honor to have been selected by the Academy.”

Academy members are IT professionals working in corporate organizations. They understand the scale of the problems faced by large organizations and recognize the potential for major disasters arising from security breaches. This understanding allows them to make informed judgments on which security solutions best suit the needs of corporate organizations.

The key to the VirusMD nomination may have been their award-winning HIPAA consulting service. In order to protect the security and confidentiality of electronic health information, Congress has passed The Health Insurance Portability and Accountability Act, also known as HIPAA. By February 26, 2003, doctors, hospitals and insurance companies must be in compliance with HIPAA or else face severe civil and criminal penalties, including fines up to $250,000 and imprisonment of not more than 10 years.

“The National Association of Hospitals predicts the cost of HIPAA to be $30 billion,” reports Dr. Peikari. “VirusMD has the advantage among MSSPs in that we have more full-time medical doctors on staff than any organization in the world.”

The Secure Computing Academy Awards are held each year in London. Other nominated corporations include Hewlett Packard, Guardent, Symantec, and VeriSign.