Healthcare

Pharma data faces a double dose of cyber threat. While profit-motivated actors continue to target pharma companies for monetizable data (last year, Industrial Spy offered to sell stolen Novartis data on the darknet for $500,000), nation-state-sponsored threat actors are also going after the pharma industry to score political points. The resulting cyber risk can be so vast that it is challenging to quantify. Case in point, Merck is still fighting billion-dollar court battles after some of its subsidiaries became a target for Russian state-backed cyber criminals in 2017.