Different industries in the world have been working diligently to battle the invisible enemy, Coronavirus (COVID-19). Still, one group of people capitalizes on the crisis, and that’s hackers.

As healthcare lags in the fight against Coronavirus, they are also lagging in the fight against cybercrime. Since the start of the pandemic, cybercrime has been at an all-time high. According to Forbes, “it is estimated that cybercrime is committed every 39 seconds somewhere.”

Recently, there has been a significant increase in attacks within the healthcare industry. Hackers have found that pharma companies and research institutions are prime targets for ransomware. This malware threatens financials with ransom demands and puts the critical intellectual property at risk of being stolen unless the ransom is paid. Ransomware demands can range from $10,000 to $25 million. Once the criminals access a computer system, they may leave behind the means to do it again.

Evidence indicates that Russia, China, and other adversaries have been attempting to hack into U.S. databases to steal potentially lifesaving intellectual property- perhaps the results of clinical COVID-19 trials.

The healthcare industry is overwhelmed with priorities, but their cybersecurity cannot be ignored. Hackers are always plotting their next move, to put the vital functions of our healthcare industry in jeopardy. The healthcare industry must implement and enhance security programs to prevent attacks from these cybercriminals.

Is your company prepared for a cyberattack? Let us evaluate your security and provide a FREE Consultation to ensure you are not the next victim.