Security budgets now average $4 million, up 19% over 2012.
What is the state of information security in the pharma sector?
Here’s what we learned from our 74 respondents:
Information security budgets have increased significantly. Pharma security budgets average $4 million this year, a gain of 19% over 2012, and an indication of the degree of sophisticated threats they are aware of facing.
Pharma companies are detecting more security incidents. The number of incidents detected by pharma companies in the past 12 months increased 99% over 2012. Given the cost and complexity of responding to incidents, it’s not surprising that financial losses as a result of incidents jumped 49%.