In my previous blog, I discussed how data experts provide freedom to an organization. This is the second blog in a four-part series about the digital transformation vision of the healthcare and life science industries. Today I will discuss data security and the risks associated with the failure to maintain robust security and compliance. Said another way, giving you a “peace of mind” to sleep at night.
Securing data has never been a greater concern than it is today. According to Gartner, worldwide spend on information security is on pace to surpass $90 billion in 2017. It seems like the regular weekly routine now to see reports of yet another corporate data breach on my LinkedIn feed. We have seen reports flood in about 36.5 million Android phones that may have been infected with malware. This specific malware attack was yet another Google Play app that automated Ad clicks to generate revenue. And the fear driven of the ransomware epidemic, like the recent WannaCry and Petya strains, is gripping organizations worldwide.
Nefarious computer scientists are working tirelessly to find weaknesses in aging legacy business applications. The stakes are even higher in the healthcare and life science industries where Protected Health Information (PHI) and critical compliance standards are at risk. Data security leaders are seeking peace of mind so that they can stop sleeping with one eye open.
The task of identifying and closing off the weak points in data flows will become unmanageable as the volume grows. These security concerns boil down to three main categories: people, processes, and technology. Instead of keeping these risk factors in house, many firms are turning to cloud-based solutions where certain functions are outsourced to a center of excellence and one that is also focused on compliance, security, and privacy of sensitive data. I have discussed some of these cloud-solutions in prior blogs: iPaaS (Integration Platform as a Service) and dPaaS (Data Platform as a Service).
One problem with the iPaaS model is that it is only compliant out of the box. After a citizen integrator touches the platform, risk is introduced into the process.
With a dPaaS, all data sources are handled through a single centralized platform that is secure and compliant from end-to-end, reducing the number of connections that you need to manage to only one. What makes dPaaS different is that it takes advantage of the Managed Service Model. Traditional iPaaS solutions offer a tool to increase the productivity of developers while the dPaaS model offers a Managed Service that eliminates the time highly paid developers spend on point to point integration, allowing them to focus on core business activity.
At Liaison, data security is woven through every aspect of our ALLOY™ Platform to ensure compliance with privacy standards for PHI and all other sensitive data. Because our people, processes, and technology follow the most rigorous training and standards for security and compliance, we eliminate the complexity of a data security strategy.
How are you future-proofing your data security strategy so you can have Peace of Mind and sleep better at night?