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How to protect healthcare and life-sciences data from a cyber attack pandemic

Thales Cloud Protection & Licensing

According to analyst firm IDC , 93% of pharmaceutical companies and 72% of biotech companies already have business-critical applications in the cloud, including product lifecycle management, analytics, revenue management, and much more. It is estimated the cost of US healthcare ransomware attacks alone at $21 billion in 2020.

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Data breaches: the financial cost of poor planning

IT Governance

This reflects recent figures , suggesting that NotPetya, a 2017 ransomware attack that hit organisations across the globe, cost pharmaceutical giant Merck $135 million in lost sales in the first three months after the attack. More information on your obligations under the GDPR can be found on our website. Pecuniary fines.

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2019 end-of-year review part 1: January to June

IT Governance

The penalty, which was by far the biggest GDPR fine in the eight months that the Regulation had been in effect, related to two violations: Google had failed to adequately explain to its users why it was collecting their data, and it didn’t document a legal basis for doing so. April was a month of mixed results in the UK.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

GB JSP Pharmaceutical Manufacturing (Thailand) PCL Source (New) Manufacturing Thailand Yes >80 GB TREZOR Source (New) Crypto France Yes Nearly 66,000 Oak View Group Source (New) Leisure USA Yes 58,935 Innefu Labs Pvt. Source (New) Manufacturing Saudi Arabia Yes 86.16 CNIL fines Yahoo! €10 That’s it for this week’s round-up.