This week marks six months since the last of three compliance deadlines for the New York State Department of Financial Services (NYDFS) Cybersecurity Regulations. As of March 1, 2019, many financial services firms operating in New York state are now required to abide by a new set of cybersecurity standards that dictate how they manage, share, and control access to data.
Introduction Developing new drugs is an expensive, time-consuming endeavor. A critical output of the drug development process, besides the compound itself, is data. As you may have read recently, Zolgensma™ re-surfaced in the press because of supposed data manipulation in a specific animal testing procedure. Needless to say, this is a big deal.
Data drives the life sciences. Data supports the development of new products and enables agile decision making. But for a field so completely reliant on data, the industry is struggling to find methods to adequately handle that data. Ideally, there would be centralized repositories where data is accessible, safe, and organized regardless of the format or size. Instead, there are numerous data silos spread among the different contributors to a specific project.
Those who have worked in the life sciences industry have undoubtedly observed a sea of change in the discipline over the past twenty years. From new modalities (like CAR-T to microbiome) to external collaborations, the way drugs are developed in the 21st century is more complex, more distributed, and faster. Alongside fundamentally new discoveries is a pan-industry shift from on-premise computing to the cloud.
Ransomware attacks increased by 105% in the first quarter of 2019, according to Beazley’s tally of insurance claims and data analytics. Other alarming reports show that new variants of Ransomware keep appearing almost every month. In addition, two years after the WannaCry Ransomware attacks, 1.7 million computers still remain at risk in 2019 according to TechCrunch. Fortunately, there are cybersecurity solutions that can protect your data during file transfer and file storage.
The California Consumer Protection Act (CCPA), set to go into effect in January 2020, will have a big impact on companies that do business in California or collect the personal information of California citizens. Driven by growing public demand for privacy, CCPA is the latest in a line of regulations that gives individuals greater control over how their personal data can be collected, stored, purchased, or shared by private companies. Wondering what CCPA means for your business?
The life sciences industry is responsible for the discovery, development, and commercialization of new medicines to treat disease. Over the past 20 years, the discipline has undergone massive changes.
The California Consumer Privacy Act of 2018, known as CCPA, is a data privacy law aimed at protecting the personal information of California consumers. Frequently compared to the UK’s expansive GDPR, CCPA will have a big impact on how companies collect, store, and process personal information of California consumers.
It’s no surprise that data creation is rapidly growing, but did you know that we’ve actually created 90% of the world’s data in just the last two years alone? With that kind of growth rate, it’s no wonder that traditional file servers are having trouble handling these massive data sets. To compound the issue, as businesses create and share more data, it’s at greater risk of being stolen, ransomed or misused.
