43% of cyber attacks target small companies, causing 60% to close (Accenture, Forbes)

A common misconception is that cyber-attacks primarily target large companies. While the latest headline might give you this impression, this couldn’t be further from the truth. The reality is that although cybercriminals may have more to gain from large companies, they’re also the most difficult to breach. For that reason, cyber attacks on smaller, less prepared businesses have been on the rise. Accenture revealed that nearly 43% of all cyber-attacks targeted companies with less than 50 employees.

Furthermore, the costs associated with cyber-attacks in the life-science industry, can devastate companies and stakeholders. Forbes found that approximately 60% of businesses that fall victim to their first cyber-attack close their doors within 6 months. From the loss of IP to irreparable damage to the reputations of individuals involved, the lasting effects of a data breach are endless.

For those reasons, we have compiled 25 years of experience in cybersecurity into a single 5-page document. Our guide outlines the best practices leaders in the life science industry can implement today to perform an audit and mitigate risk.

The single most important takeaway you can implement today from 25 years in Cybersecurity.

The risks associated with relying solely on anti-virus software and how cybercriminals are circumventing these safeguards.