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The WannaCry ransomware attack that successfully targeted Merck is not the only cyberattack to which the pharmaceutical industry has fallen victim. As pharmaceutical and biotechnology companies move toward greater digitalization and the storage of more valuable data, their digital security practices become more and more critical.
We just celebrated President’s Day. Folklore has it that during the American Revolution, George Washington was approached by an enquiring member of the press who asked: “George! George! What keeps you up at night?”
The cybersecurity industry has been around for more than 30 years and undergone exponential growth, but in many ways it is still defining itself in the face of evolving threats. Technology and process are predictably playing a role. But diversity of talent has also become increasingly important to the success of security organizations and is redefining the role of a cybersecurity professional.
A new report from Malwarebytes reveals that almost one in 10 U.S. security professionals has admitted to having considered participating in Black Hat activity. Surprisingly, this was the lowest rate among all countries surveyed. More than one in five (21 percent) of U.K. security professionals have considered the Black Hat route.
When it comes to cybersecurity, no doubt humans are the weakest link. No matter how many layers are added to your security stack, nor how much phishing education and awareness training you do, threat actors continue to develop more sophisticated ways to exploit the human vulnerabilities with socially engineered attacks. In fact, as security defenses keep improving, hackers are compelled to develop more clever and convincing ways to exploit the human attack surface to gain access to sensitive assets.
In the last few years, executives overseeing energy, utility and other industrial organizations have begun to worry about the threat of cyberattacks on our nation’s most critical infrastructures. Ten years ago, their main concerns were focused on safety or environmental risks. Back then, operators believed the virtual barricades, or air gaps, between networks and technologies were sufficient enough to defend against malware and cyberattacks.
By using a malware attack on the bank’s ATM server, hackers stole customer information and withdrew 805 million rupees in 14,849 transactions in just over two hours on August 11, mostly overseas.
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