RECENT BLOGS

RECENT BLOGS

How do Carbon Offsets Work?

How do Carbon Offsets Work?

We all have a carbon footprint. Everyday activities like driving your car, using your computer, operating a business, or heating your home generate greenhouse gas emissions that contribute to your carbon footprint which impacts the environment. The best thing we can do to preserve the environment is to take actions to reduce our carbon footprint such as using mass transit and using more efficient lighting and appliances.

However, no matter how much we reduce it’s virtually impossible to avoid all emissions that contribute to our carbon footprint, this is where carbon offsets come in — you can counterbalance or green your unavoidable footprint with CleanSteps®. read more

Ardent Rundown of What to Expect in 2022

Ardent Rundown of What to Expect in 2022

2022 will be a busy year of preparation, as states and countries continue to pass and amend data privacy laws. 2021 saw a massive spike in data breaches and ransomware attacks, with no signs of slowing down this year. These attacks highlight the importance of data-centric security, as malicious actors target personal and sensitive information. Despite geographical location and laws, implementing meaningful privacy solutions, like data minimization and proactive compliance, that utilize a privacy-by-design approach will adequately protect your business and build customer trust. As we stay safe and healthy this coming year, Ardent remains committed to serving your privacy needs.

UNITED STATES

  • Last year, Virginia passed the Consumer Data Privacy Act (CDPA), and Colorado passed the Colorado Privacy Act (CPA). Likewise, California recently amended the California Consumer Privacy Act (CCPA) and passed the California Privacy Rights Act (CPRA).
  • A key change included in recent laws requires companies to practice data minimization—only collecting necessary data. Practicing data minimization empowers companies to use privacy as a profit center by saving operating expenses like storage. Also, reducing the amount of data on hand eliminates potential legal risks if there happens to be a data breach.
  • To be ready for the full effect of these privacy laws in 2023, companies should use 2022 to identify the data they have collected to comply with the new regulations. You can view a full comparison between the CCPA, CPRA, CDPA, and CPA here.
  • Additionally, keep a look out for Maryland, Oklahoma, Ohio, New Jersey, Florida, and Alaska to pass privacy legislation in 2022.

INDIA

  • India’s Data Protection Bill (DPB) is expected to be signed into law in 2022. Though there is no formal implementation date, companies doing business in India will need to be prepared for additional compliance measures over the next year or two.
  • Experts recommend companies form an effective compliance strategy. You can find a guide to the DPB here.

SINGAPORE

  • As early as February 2022, the Personal Data Protection Act (PDPA) financial penalties could be raised for breaches of prohibitions and data protection provisions. You can find a compliance guide here.

EUROPE

  • This year, expect increased enforcement of the General Data Protection Regulation (GDPR), especially pertaining to children’s data, health and financial information, and digital marketing.
  • New legislation affecting digital services and platforms, online marketing, third-party data providers, and cross-border data transfers is expected to become law.

CHINA

  • China’s new privacy law, Personal Information Protection Law (PIPL), took effect in November 2021 and presents new compliance means for companies.
  • PIPL’s global reach applies to any company that processes personal data while providing a service or product to Chinese residents.

About Ardent Privacy

Ardent Privacy is an “Enterprise Data Minimization and Privacy Technology” solutions provider based in the Maryland/DC region of the United States and Pune, India. Ardent harnesses the power of AI to enable companies with comprehensive data management and automated compliance with PDPB (India), RBI Security Guidelines, GDPR (EU), CCPA/CPRA (California), and other global regulations by taking a data-driven approach. Ardent Privacy’s solution utilizes machine learning and artificial intelligence to identify, inventory, map, minimize, and securely delete data in enterprises to reduce legal and financial liability. read more

TRUIST Perspective: Rising yield and less Fed accommodation to inject volatility but history suggests primary market trend remains higher

TRUIST Perspective: Rising yield and less Fed accommodation to inject volatility but history suggests primary market trend remains higher

January 6, 2022

What happened?

After a strong start to the year, volatility in markets has risen. Investors appear concerned that the Federal Reserve (Fed) may reduce policy accommodation at a faster rate than previously expected. At the same time, the 10-year U.S. Treasury yield has jumped from a low of 1.35% in late December to above 1.70% for the first time since April 2021. read more

How To Use the FORD Method To Get More Clients

How To Use the FORD Method To Get More Clients

As a business developer, I constantly look for new, streamlined ways to improve my methodologies. I recently came across a method that is simplistic in the best way possible (credit to my brother-in-law).

The FORD method is a communication tool that can be used across organizations and industries to improve your relationships and land more clients. FORD is an acronym that stands for Family, Occupation, Recreation, and Dreams. read more

Right to Know Law Tips for Government Contractors

Right to Know Law Tips for Government Contractors

January 13, 2022

Companies that contract with state and local agencies in Pennsylvania can access a lot of information about an agency’s bidding process through strategic Right to Know Law (RTKL) requests.

Under the RTKL, all agency records are presumed to be public and disclosable unless an exemption or privilege applies. There are three key exemptions to be aware of when requesting records relating to the contracting process: read more

Knowing the Difference: Alzheimer’s Disease vs. Other Types of Dementia

Knowing the Difference: Alzheimer’s Disease vs. Other Types of Dementia

Knowing the Difference: Alzheimer’s Disease vs. Other Types of Dementia 

Alzheimer’s disease (AD) is the most common type of dementia, but there are many other kinds of dementia, including Lewy body dementia, Huntington’s disease and non-Alzheimer’s dementias. Not a normal part of aging, dementia is caused by damage to brain cells that affects an individual’s ability to communicate, which can affect thinking, behavior and feelings. AD accounts for 60-80% of dementia cases and afflicts an estimated 5.8 million Americans aged 65 and older. read more

Is Agile the Answer to Big Pharma’s Digital Revolution?

Is Agile the Answer to Big Pharma’s Digital Revolution?

In an age when your daily wants and needs can be delivered by Amazon, we are a culture of instant gratification. This culture has bled into all walks of life, including our medicine. In June of 2018, Amazon bought PillPack out of Cambridge, MA, for $753 million to crack into the $500 billion dollar prescription market. With this acquisition, customers can get meds delivered to their door with automatic refills and 24/7 customer support. read more

Life Sciences Employee Return to Office Survey Results | August 2021

Life Sciences Employee Return to Office Survey Results | August 2021

One of the top questions that employers in the Life Sciences community within the Capital Region are asking is how companies are approaching bringing employees back to the office. That’s why we asked nearly 30 top employers in the area to share their strategies in a recent survey conducted by BioBuzz Media. read more

Bespoke Cross-border Solutions By FON Valuation Advisory

Bespoke Cross-border Solutions By FON Valuation Advisory

Companies and individuals entrust FON Valuation Advisory with their unique needs throughout the transaction continuum. The experience of our professionals means that we are able to offer our clients bespoke solutions based on proven techniques and deep industry knowledge. FON Valuation Advisory’s ability to work with our clients on all forms of transactions worldwide sets us apart from our peers. read more