Survey: 82% of drug, device execs say financial info most targeted asset in cyberattacks

Executives at medical device companies identified better technology as their most urgent cybersecurity need in a recent survey conducted by KPMG.

KPMG, a New York City-based advisory firm, conducted the survey in February. The company polled 100 IT and information security officers from large U.S.-based drug and device companies about their cybersecurity concerns. About half of the executives were solely responsible for cybersecurity at their companies.

Here are four survey findings.

1. Eighty-two percent of executives cited financial information as the most targeted asset in cyberattacks, followed by intellectual property (79 percent) and clinical research (49 percent).
   
   

2. A majority of respondents (53 percent) said they were more concerned about government-sponsored hackers working for other countries than individual hackers.
   
   

3. The top two cybersecurity priorities medical device executives named were better technology (38 percent) and an overarching strategy for data collection and protection (28 percent).
   
   

4. Drug company executives listed stronger processes (24 percent) as the largest cybersecurity need, followed by more funding and better technology (22 percent) and more staffing (9 percent).
   
   

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