Challenges
The digitisation of healthcare and life sciences has led to the processing of vast amounts of sensitive personal data by software applications and their associated algorithms with the intention of extracting meaningful insights that can help drive scientific research and improve patient outcomes. However, protecting data subjects’ rights in accordance with privacy regulations such as the EU’s GDPR, the USA’s HIPAA, and Switzerland’s revised FADP can pose significant challenges. The widespread adoption of Cloud computing and the emergence of artificial intelligence (AI) adds further complexity to the matter.
Healthcare and life sciences leaders are responsible for ensuring the security of confidential health information. Protecting sensitive health data is critical, as failure can result in data breaches, financial losses, damaged reputation, missed business opportunities, and potential legal consequences. These risks can significantly impact an organisation’s overall goals and objectives. Protecting patient privacy is a fundamental right that should not be infringed, and appropriate measures must be taken to safeguard their information and maintain their trust.
The Solution
Information Security Advisory Services Tailored to Digital Life Sciences
At MOD1, we understand that meeting the stringent obligations of data protection regulations can be difficult, especially in the context of digital healthcare and life sciences, where large amounts of sensitive personal data are processed. Our team has extensive experience and expertise in this area and is committed to helping you overcome any privacy challenges you may face.
Our approach goes beyond mere compliance; we aim to transform your privacy posture into a business asset by incorporating privacy into your product development, customer engagement, and growth strategies.
Whether you need operational support for your existing data protection organisation or have a specific project requiring additional expertise, we are the perfect partner to help you reach your goals. Our assistance makes even the most complex regulations easy to interpret and align with.
Our data protection advisory services can support you in the following areas:
- Integrating privacy considerations (Privacy by design) into the design and development of products, systems, and processes from inception, ensuring compliance, trust, and risk mitigation
- Conducting a thorough privacy gap analysis, wherein we assess your current data protection practices and identify and provide detailed recommendations for improvement
- Drafting and reviewing essential documentation, including privacy policies and procedures, consent forms, and any other documentation required to align with data protection regulation
- Conducting third-party vendor assessments, drafting, and evaluating data processing agreements (DPAs) and business associate agreements (BAAs)
- Assuming the role of Data Protection Officer to manage your privacy operations and respond to potential incidents
- Supporting the creation of privacy assessments and data protection impact assessments (DPIAs)
- Developing and managing your data subject access request (DSAR) fulfilment process
- Designing and delivering customised privacy awareness training content for your employees
- Monitoring and reporting on developments in the legal and regulatory landscape
- Building structured roadmaps for achieving and maintaining privacy compliance
Benefits
There are several compelling reasons why choosing our data privacy services can benefit your organisation:
03
Build trust
Showing a strong commitment to protecting the fundamental rights of individuals by complying with data protection regulations establishes trust, which gives your business a competitive edge and makes it easier to win new deals and establish partnerships with other companies. A good reputation for privacy practices within your organisation can boost employee morale and contribute to a positive corporate image.
04
Simplify resourcing
The demand for privacy experts with experience in the digital health and life sciences sectors far exceeds the available supply. Our consulting services and flexible staffing solutions provide a cost-effective and efficient alternative to permanent hiring, alleviating the inconvenience of continuously sourcing and replacing highly sought-after skills and experience.
01
Save time
MOD1 can help expedite the process of meeting data protection requirements by identifying areas of improvement and providing tailored implementation plans that align with your organisation’s risk profile and business requirements.
02
Save money
Implementing a comprehensive data protection program can reduce financial losses, legal liabilities, reputation damage, and risks to patient safety or research integrity caused by data breaches, which have the potential to impact growth and profitability.
You can count on our expertise to safeguard your sensitive data and comply with privacy regulations, whilst you concentrate on creating groundbreaking solutions that benefit patients!
