In addition to its use protecting entertainment media from piracy, Digital Rights Management (DRM) has long-term potential for automating compliance with new regulations applying to both banks, insurers, investment companies and to health care providers. These include HIPAA, Gramm-Leach-Bliley and Sarbanes Oxley. A conference coming in late October will focus on both of those applications, in two parallel tracks. Quoting from the topic descriptions at: http://www.jupiterevents.com/drm/fall04/agenda2.html:
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Markets I: Financial Services
DRM technologies can enhance regulatory compliance and protection of highly sensitive information in financial services. In this panel, we'll discuss case studies and best practices for such applications as virtual deal rooms in mergers and acquisitions, NASD 2711 compliance for guarding against conflicts of interest among investment bankers and securities analysts, the Graham-Leach-Bliley Act for preserving confidentiality of consumer financial information, and Sarbanes-Oxley for integrity of accounting information.
Moderator:
Jude Umeh, Consultant, Spexx.Net Enterprises Limited
Speakers:
Jarad Carleton, Industry Analyst, Frost & Sullivan
Mitchell Jamel, CEO, DigitalRights LLC
Markets II: Pharmaceuticals and Healthcare
Biotech and pharmaceutical firms have a wide range of requirements for information security, ranging from IP protection in collaborations for drug development, contract manufacturing, clinical trials, and other areas; they are also subject to regulations under FDA CFR Part 11. Meanwhile, healthcare providers must protect patient records throughout treatment and insurance processes, as well as comply with regulations under HIPAA. In this panel, we discuss how DRM technologies complement existing techniques for addressing these concerns, and how DRM can help these organizations implement enterprise-wide approaches rather than the current silo approaches to protecting patient records and corporate IP.
Speaker:
Scott Selby, Associate, Booz Allen Hamilton Inc.
Please let me know if you are aware of online resources relevant to the use of DRM in financial services and health care regulatory compliance, at: douginhartford "at" earthlink.net.
Posted by dougsimpson at September 23, 2004 08:53 AM | TrackBack