The Time is Now: 2009 Global Life Sciences & Health Care Security StudyA global perspective on cyber security, privacy and data protection |
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The global economic environment and the ever-changing regulatory landscape have impacted life sciences and health care (LSHC) organizations, regardless of sector, size and region. The changing environment has a profound effect on how organizations realize their security and privacy objectives. The lifeblood of any health care or life sciences organization is information, whether patient, intellectual property, or revenue. Organizations are dealing with the challenge of how to protect their information while facing increasingly sophisticated security threats and spiraling regulatory and legislative requirements—all against a backdrop of reduced spending, staff cuts and organizational changes
Whether it is the broader purview of the Health Insurance Portability and Accountability Act (HIPAA), the widespread adoption and use of electronic health record (EHR) technologies under the HITECH ACT of the American Recovery and Reinvestment Act (ARRA), or the implementation of electronic exchanges for health, there will be significant pressure on organizations to meet these challenges.
The industry is heading into a period of massive opportunity as it seeks to maximize the value of data and the promise of new automation. But it is our view that the industry is not yet prepared to meet the challenges of managing the risk as this opportunity emerges.
The global study respondents included life sciences and health care organizations headquartered in the following regions: North America (NA); Europe, Middle East, Africa (EMEA); Asia Pacific (APAC); and Latin America and the Caribbean Regional Office (LACRO). Among the participating companies in the study, nearly half reported revenue between US$1 billion and greater than US$15 billion, and half reported employee strength of 5,001- 50,000.
Key findings of the study are:
- Data leakage protection is a primary threat-based initiative across all sectors
- Identity and access management is a top priority
- The trend towards outsourcing raises a host of third-party security concerns.
- The role of the CISO has taken on greater significance with the evolution of the business and regulatory environment.
- As the security environment becomes more complex and regulation continues to increase, security budgets fail to keep pace.
Read the full report attached for additional information.
2009 Global Life Sciences & Health Care Security Study
(4400.97 KB)
