Pharmaguy's Insights Into Drug Industry News
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Pharmaguy's Insights Into Drug Industry News
Pharmaguy curates and provides insights into selected drug industry news and issues.
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One Third of US Citizens May Have Had Their Health Data Hacked!

One Third of US Citizens May Have Had Their Health Data Hacked! | Pharmaguy's Insights Into Drug Industry News |

Last year, the fallout from a string of breaches at major retailers like Targetand Home Depot had consumers on edge. But 2015 is shaping up to be the year consumers should be taking a closer look at who is guarding their health information.

Data about more than 120 million people has been compromised in more than 1,100 separate breaches at organizations handling protected health data since 2009, according to Department of Health and Human Services data reviewed by The Washington Post.

"That's a third of the U.S. population -- this really should be a wake-up call," said Deborah Peel, the executive director of Patient Privacy Rights.

The data may double-count some individuals if they had their information compromised in more than incident, but it still reflects a staggering number of times Americans have been affected by breaches at organizations trusted with sensitive health information.

venisabella's comment, November 4, 2015 10:34 AM
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#Pharma Execs, You've Been Hacked!

#Pharma Execs, You've Been Hacked! | Pharmaguy's Insights Into Drug Industry News |
A new report shows Wall Street-savvy hackers are using Microsoft computing language to target pharmaceutical companies to game the markets.

A group of financially savvy computer hackers has been stealing data from more than 100 organizations, mainly targeting publicly traded health care, pharmaceutical and biotechnology companies, to gain insider knowledge and game the stock market.

The cybercriminal group, known as FIN4, “compromises the email accounts of individuals who regularly communicate about market-moving, non-public matters,” according to a report titled “Hacking the Street” from U.S. security firm FireEye that was released Monday. The hackers are believed to be native English-speakers based in North America or Western Europe.

FIN4 has targeted senior executives because they “have enough juicy information in their inbox,” Jen Weedon, a FireEye threat intelligence manager, told the New York Times. This differs from more notorious cyber-attacks from hackers in Russia and China where hackers attempt to infiltrate networks using more easily discovered malware attacks.

FIN4 instead appears to be quietly viewing the email messages of corporate executives and managers of financial advisory firms who might have information that outsiders can use to commit insider trading. FireEye didn’t name the targeted companies, but said most of them are listed on the New York Stock Exchange. 

Pharma Guy's insight:

Even Pfizer is not so smart it can't be hacked. Read Pfizer, If You Are So Smart, How Come You Were Hacked By "Kiddies"?

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