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Cyber risks in healthcare extend far beyond HIPAA compliance. The volume of healthcare-targeted cyberattacks (especially ransomware) has significantly risen in recent years as has the number of connected devices providing patient care, all while cost pressures continue.
Criminals have always targeted banks because “that’s where the money is.” The modern financial system with thousands of partners means that the risk extends well beyond banks to include processors, intermediaries, and service providers that have been historically safe.
Retail has come a long way from the cash-for-goods transaction of old. Modern retailers deal with massive supply chains, point-of-sale malware, huge volumes of customer data, and distributed infrastructure, all while satisfying consumer demand for instant gratification.
Pharmaceutical and Biotech face a trifecta of existential business risks with significant cyber components: intellectual property theft (which usually represents more value than the raw ingredients themselves), manufacturing disruption, and compromise of clinical trial data.
Technology companies face a rapidly-changing landscape of partners and competitors and must deal with both risk to their own intellectual property and brand as well as the large volume of customer and consumer information they handle.
The rise of Industry 4.0 and the connected plant is sparking a revolution in manufacturing. Industrial control (SCADA) and operational technology is more networked than ever before, creating new categories of risk