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BlackCloak: Credentials for 68% of top pharma executives are available on the dark web


From: InfoSec News <alerts () infosecnews org>
Date: Thu, 7 May 2020 06:42:42 +0000 (UTC)

https://venturebeat.com/2020/05/06/blackcloak-credentials-for-68-of-top-pharma-executives-are-available-on-the-dark-web/

By Chris O'Brien
VentureBeat.com
May 6, 2020

The security credentials for executives with access to sensitive pharmaceutical research and financial information are readily available on the dark web, a reminder of the massive vulnerabilities facing critical industries despite years of security investment.

In a new report, cybersecurity startup BlackCloak found that 68% of the top executives from 30 leading pharmaceutical companies have had their emails exposed during a data breach over the past decade. Of that sample, 57% of the exposed credentials had their passwords broken, leaving them in plain text and easily viewable.

According to Dr. Chris Pierson, founder and CEO of BlackCloak, such security breaches are the result of fundamental carelessness, such as reusing the same credentials, as well as many executives now having to work from home, where their gadgets are outside the company’s security perimeter. While this dynamic can be seen across many major industries, it’s particularly worrisome when it involves health care-related companies.

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