From Quantum Solutions to Software

Enhancing Healthcare Data Privacy and Security in 2022

20:50 24 March 2022

IT Governance discovered an impressive 1,243 security incidents in 2021, accounting for 5.1 billion breached records. When it comes to enhancing data privacy and security across all sectors including healthcare, however, innovative solutions have brought a new definition of cybersecurity into question. From the value of simple, cutting-edge software to bigger solutions like quantum-ready data security, here’s what you need to know regarding the matter in 2022.

The value of innovative software

When it comes to complete and scalable solutions for privacy enhancing computation, innovative software options present a modern solution. Because privacy concerns (along with operational complexities and regulations) prevent around 43 zettabytes of data stored by enterprises from being accessed, specialised software aids in unlocking the intellectual property value of data and algorithms. However, it’s important to note that such software is able to do so while enforcing the proper regulations and ultimately preserving privacy — something that can prove to be invaluable to organisations across the board in regards to the use of AI advancements in the healthcare field. Those at tripleblind.ai, for instance, note that businesses in the healthcare industry can use such technology to ensure they’re complying with HIPAA and other regulations. In turn, this effectively allows companies to safely provide and consume sensitive data and algorithms. 

The future of quantum-ready data security

Quantum computing offers major opportunities for businesses of all industries, and the drive for investment in such data security technology is growing, prompting many to look to the future, and where data privacy/security fits in. To put things into perspective, quantum computing will be another tool used to find answers to diseases like Parkinson’s, cancer, as well as be used to aid in experimentation and testing. Again, this could significantly benefit organisations in the healthcare sector in regards to major breakthroughs — though it’s important to take into account data privacy concerns. 

Organisations cannot afford to neglect data privacy in the quantum age, with Mindaugas Bazys, a Cyber Security Expert with PA Consulting Group, noting that the ability of quantum computers to compute so quickly and with many possibilities has “serious implications for data privacy.” For example, hackers can leverage the technology when it comes to carrying out data breaches, meaning that data privacy must be well thought out. With the recommendation that firms should start building quantum-ready data security by the end of 2022, there’s no doubt that doing so is a must for those looking forward to leveraging the benefits of such technology. However, because security measures like encryption are necessary in order to secure personal data, and the ability of quantum computers to break current encryption standards, there’s no doubt that data privacy is a major concern. When looking to enhance security measures, adopting quantum-resistant cryptography is one key in protecting people while also complying with privacy regulations. 

Along with the advancement of technology comes a heightened concern for data privacy and security. Through the use of software that protects sensitive data to high level quantum data security methods like cryptography, there are a vast range of solutions to address a variety of security concerns.