Glossary Term
Data Privacy
Definition
Data Privacy refers to the protection of personal and sensitive information from unauthorized access, use, or disclosure. In the MedTech industry, data privacy involves safeguarding patient health information, device data, and proprietary business information in compliance with laws such as HIPAA, GDPR, and other regional or global regulations.
Relevance to the MedTech Industry
Data Privacy is critical in the MedTech industry to ensure the confidentiality of patient data and build trust with users, healthcare providers, and regulators. It also helps companies avoid legal penalties and reputational damage by adhering to strict data protection regulations.
Additional Information & Related Terms
Cybersecurity for Medical Devices Protects data from unauthorized access and breaches, closely tied to privacy efforts.
HIPAA (Health Insurance Portability and Accountability Act) U.S. regulation governing patient data privacy.
General Data Protection Regulation (GDPR) European regulation that enforces strict privacy protections for personal data.
Data Integrity Ensures the accuracy and consistency of data while maintaining privacy protections.