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Thu, Jul 23, 2020

Kroll Services for the Life Sciences Industry

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As an at-risk sector, the life sciences industry has implemented layers of regulation to help reduce its susceptibility to fraud, bribery, corruption, privacy and other risks.

Significant Foreign Corrupt Practices Act (FCPA) enforcement activity and increased focus on UK Bribery Act compliance in recent years have acted as catalysts for reviews of legacy activity and the implementation of more robust anti-bribery and corruption practices for firms in the industry, particularly those with business interests in higher-risk geographic locations. Nevertheless, despite increased awareness, the life sciences industry continues to have high-profile issues causing significant financial and reputational impact.

The evolving environment in which a life sciences organization operates also leads to emerging risks, including increased susceptibility to cybercrime, counterfeiting, insider threat and adversarial social media activity.

How Can Kroll Help?

The product lifecycle diagram below highlights how Kroll has helped organizations within the life sciences industry address key risks.

Kroll Services for the Life Sciences Industry

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How we can help

Forensic Investigations and Intelligence

Forensic Investigations and Intelligence

Providing clients with global investigative expertise to help make critical decisions and mitigate risk.

Cyber Risk

Cyber Risk

Incident response, digital forensics, breach notification, managed detection services, penetration testing, cyber assessments and advisory.

Security Risk Management

Security Risk Management

Helping clients anticipate/respond to a myriad of facility, operational and employee security challenges.

Compliance Risk and Diligence

Compliance Risk and Diligence

Complying with anti-money laundering and anti-bribery and corruption regulations.

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