DigitalCIO
No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Archive

Only 5-10% pharma firms have cybersecurity: Expert

DigitalCIO Bureau by DigitalCIO Bureau
August 31, 2019
in Archive
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Source: TNN

Sai Krishna stated that cyber attack can have a huge impact on pharma companies with zero or no cybersecurity, especially on small and medium-size units.

Only 5 to 10% of pharma companies in India have foolproof cybersecurity, said Sai Krishna, chairperson of Global Cyber Security Forum. The forum, in collaboration with Kenes Exhibitions, Israel, in support with Telangana government and Consulate General of Israel, is co-hosting a two-day Global Cyber Security conference in Hyderabad.

Sai Krishna stated that cyber attack can have a huge impact on pharma companies with zero or no cybersecurity, especially on small and medium-size units. “Keeping Hyderabad pharma hub in mind, we are also hosting an expert panel on data privacy and security to talk about Pharma 4.0, which is the way forward for over 600 plus pharma companies in Hyderabad. Currently, there is no policy to audit its cyber and data security system,” said Krishna.

According to Krishna, digital security practices for the industry has become critical in the recent past. Due to lack of proper data security and companies using outdated software, hackers can steal data and sensitive information from the R&D database. “If a company is researching and creating a particular medicine composition for years, a hacker can steal the data or formula and sell it in black market,” he said.

“Most companies are still running traditional machinery. The machinery responsible for manufacturing the drug is connected to computing systems. If the server of the manufacturing plant is hacked, not only the whole plant will be affected, there can be a malfunction in the critical functioning of the plant. The hacker can change the critical drug composition, which can be a huge threat. Current systems don’t have security control and visibility in place to immediately detect the attack and respond on a real-time basis,” he added.

According to the expert, most companies find out about the hack or data breach only after six to eight months of the attack.

Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

Pax8 Introduces Era of Managed Intelligence

by DigitalCIO Bureau
June 19, 2025
0
Pax8 Introduces Era of Managed Intelligence

Pax8 has released its inaugural research report, The Agentic Inflection Point: And the Rise of the Managed Intelligence Provider. The comprehensive study defines the future of small-to-midsized business (SMB) operations, transformed...

Read moreDetails

Barracuda Unveils AI-Powered Cybersecurity Platform BarracudaONE in India

by DigitalCIO Bureau
June 3, 2025
0

Barracuda Networks has unveiled the BarracudaONE AI-powered cybersecurity platform. BarracudaONE maximizes threat protection and cyber resilience by unifying layered security defenses and providing deep, intelligent threat detection and response for...

Read moreDetails

Check Point Acquires Veriti To Minimize Digital Vulnerabilities

by DigitalCIO Bureau
May 28, 2025
0
Check Point Acquires Veriti To Minimize Digital Vulnerabilities

Check Point Software Technologies has announced a definitive agreement to acquire Veriti Cybersecurity, the first fully automated, multi-vendor pre-emptive threat exposure and mitigation platform. “The acquisition of Veriti...

Read moreDetails

Vats Srivatsan named Interim CEO of WatchGuard Technologies

by DigitalCIO Bureau
May 8, 2025
0
Vats Srivatsan named Interim CEO of WatchGuard Technologies

WatchGuard Technologies Chief Executive Officer (CEO) Prakash Panjwani will transition out of his operational role, continuing to serve on the Board of Directors and as a strategic advisor...

Read moreDetails

Google 2024 Ads Safety Report: AI plays key role in safer advertising ecosystem

by DigitalCIO Bureau
April 19, 2025
0
Google 2024 Ads Safety Report: AI plays key role in safer advertising ecosystem

Google has released its 2024 Ads Safety Report, demonstrating how it is using advanced AI technology to create a safe and responsible advertising ecosystem. A notable finding from...

Read moreDetails
Next Post

How to Mitigate Online Banking Fraud through CPFR

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

NPTEL collaborates with IBM

July 9, 2018

Mimecast Acquires Ataata

July 10, 2018
NTT offers SaaS Subscriptions to its patented XDR Platform

Trend Micro Showcases Its Unified Cyber Security Platform At GISEC 2024

April 26, 2024

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
  • Telecom
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

BROWSE BY TAG

Acquisition AI Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare Commvault CrowdStrike Cybersecurity Dell Technologies Digital Transformation Dynatrace E-books Fortinet Gartner GenAI Generative AI Google Cloud HCLTech Honeywell IBM Infographics Internet of Things (IoT) Kaspersky Microsoft Netskope NTT DATA Palo Alto Networks Panel Discussion Qlik Salesforce ServiceNow Sophos Tenable Veeam Veeam Software Vertiv Webinars Whitepaper Zscaler

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2024 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2024 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?