A Ponemon Institute study reveals that 48% of organizations globally have experienced a data breach within the past year, increasing to 54% among financial companies. The loss of financial data has the highest impact on businesses, followed by employee records loss. Key causes of breaches include employee/contractor negligence and deliberate actions, IT oversights, and third-party mistakes, while 17% of successful phishing attacks resulted in confidential data loss. The study recommends organizations adopt robust authentication, back-up all data, and ensure employees are well trained in cyber security awareness.
Latigo Bio’s IPO Lands $346M for Pipeline of Non-Opioid Pain Drugs
Latigo Biotherapeutics will apply the IPO proceeds toward a pipeline that includes a next-generation non-opioid pain drug ready for pivotal testing. BlossomHill Therapeutics also debuted
