The Cost Of Ransomware Attacks On Life Sciences

Ransomware is a relatively new tool in the cybercriminal’s arsenal for extorting money from businesses. It is a low effort/high reward activity that will cost businesses $6 trillion annually. In the fast-moving, data-intensive life sciences industry, ransomware attacks are particularly nasty. When the hopes of an entire economy rely on the rapid development of a vaccine, or lives hang on getting a breakthrough treatment to market, downtime is not an option. Here are the facts.