Security News > 2023 > July > Life sciences leaders act to counter insider-driven data loss

Life sciences companies, including medical device manufacturers, biotech and pharmaceutical companies, are experiencing increasing rates of insider-driven data loss events, according to Code42.

Faced with this growing threat, life sciences leaders are prioritizing modern data loss prevention strategies, which are proving effective.

Though data loss from insiders, or insider risk, is pervasive across all industries, it is uniquely damaging for companies in the life sciences sector.

Life sciences companies that want to preserve customer confidence, protect valuable intellectual property and maintain their competitive edge, must address the growing issue of data loss from insiders.

Nearly 70% of life sciences respondents have seen an increase in data loss incidents caused by insiders over the past year, and they expect to see even more incidents in the coming 12 months.

While they may be experiencing relatively fewer data loss incidents compared to other industries, they still carry a significant level of risk - experiencing nearly one insider-driven data loss incident per day.

News URL

https://www.helpnetsecurity.com/2023/07/21/life-sciences-data-loss-events/