Data security was analyzed in a recent report by Code42 Software. According to the report, 73% of life sciences companies are turning to artificial intelligence (AI) to address the cybersecurity skills gap, surpassing adoption rates in other industries.

Key findings from the report include:

• 78% of companies report an increase in time spent investigating data incidents year over year.
• 83% of cybersecurity managers are looking to AI, and 92% to GenAI, specifically, to help them automate detection and response so that they can focus on higher-level strategic tasks.
• 86% of cybersecurity leaders have admitted that the usage of AI tools does put their company at risk of data exfiltration.
• 50% of data loss incidents are malicious, with risk severity evenly split between low, medium, and high.
• Daily data security training has increased from 11% in 2021 to 27% in 2024.
• 97% of life sciences organizations believe their data security training programs need improvement, with 48% calling for a complete overhaul.

Read the report