Digital Disruption in Pharma
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Cyber Criminals are Real Threat to Pharma IP & R&D Partnerships. #BioFIT2017

Cyber Criminals are Real Threat to Pharma IP & R&D Partnerships. #BioFIT2017 | Digital Disruption in Pharma | Scoop.it

The pharmaceutical industry is big business for cyber criminals and in an industry where intellectual property in the drug development cycle runs into many, many billions of dollars/pounds/euros, large, medium and small companies need to make sure that they have the highest level of protection when it comes to crime online. For many companies the pain of a breach of information that leads to their IP or R&D being compromised can have cataclysmic effects. Billions are spent on getting a competitive advantage and so to lose out on that due to a lack of proper cyber protection would be a bitter pill to swallow for any boardroom. The type that damage revenues that are eyewatering, like Reckitt Benckiser’s announcement in July that £100 million of revenue would be affected as a result of a cyber-attack, so we aren’t talking about insignificant figures here.

So what can be done to mitigate the risk of cyber-attack? More...

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Digital Disruption in Pharma
What's going on in the world of social media, mobile apps, mHealth, wearable & other digital technologies impacting the health industry
Curated by Pharma Guy