More than $2.5 trillion in mergers were announced in the first half of 2018—a new record. Ranked by value of the deal, energy and power deals led, followed by media and entertainment, with healthcare and industrials close behind. Industries are converging and organizations are using acquisitions, divestitures, and other forms of asset remix to reposition their businesses. For example, there are numerous mergers among pharmaceutical, life sciences, and biotech companies as they seek to gain traction in a highly fragmented market. EY predicts that the total value of life sciences M&A will surpass $200 billion in 2018. According to Deloitte, technology acquisition is the primary driver of M&A pursuits, ahead of expanding customer bases in existing markets, and adding products or services.
At a recent industry event, I got to chatting with the CISO of a major children’s hospital. Over a beer, he shared with me the challenges he faces daily. Our far-reaching conversation covered nation-state actors enticing students to exfiltrate clinical trial test results, to his search for a secure USB port cover for patient-facing devices. Maybe it was the beer, but as he described his tribulations, each to me worse than the next, his enthusiasm and energy grew. Every so often he stopped to shake his head in disbelief at his own story as if to say, “Even I can’t believe how bad this is…”
With cyber risk an executive- and board-level concern, it's not enough to try to prevent attackers from gaining entry to your network. Advanced, persistent attackers can still get through even the most advanced defenses. Once they're in, they have the arduous task of moving from their initial point of entry to their ultimate target. This is the time when attackers are most vulnerable—and where we, as defenders, have an opportunity to tip the balance in our favor.
For 9 straight years now, Verizon has released the Data Breach Investigations Report to give cybersecurity professionals a detailed look into the threat landscape. The report is meant to help security teams keep up with increasingly sophisticated attackers.
As one half of the illusive 3.0 solution, Attacker View™ gives companies an opportunity to see their unique vulnerabilities to information security threats. This provides an advantage that most organizations have yet to benefit from in the cybersecurity context.
Cyber attackers only need one small crack in a security plan to invade and jeopardize an entire organization. As IBM and Ponemon Institute reported in their 2015 Cost of Data Breach Study: Global Analysis, this is becoming a costly problem for today’s businesses.