Dividends and Group claims major hack of Novo Nordisk, attempted $25 million extortion

One of the major divisions of every company is security including cybersecurity. The growth of cybersecurity continues and every year it will get bigger and more important.

In an article by Reuters, a cyber extortion group claimed to have stolen more than a terabyte of data from pharmaceutical giant Novo Nordisk and said it is going to sell parts of the data after unsuccessfully demanding $25 million from the company.

FulcrumSec, a cyber extortion group said it spent more than 2 months in Novo Nordisk’s networks stealing data. It said that data included company source code, proprietary information on released and unreleased drugs, trial data, and unreleased drugs, trial data, and unreleased drugs, trial data, employee and doctor and patient data, information related to company processing facilities and internal AI model information.

Thomas Willkan head of research at cybersecurity firm Lab-1 has closely tracked Fulcrum Sec and the hacking group is usually quite legit in terms of both their capabilities and also their claims.

Linking to dividend paying stocks, there is a quote by John Dillinger, why rob the banks, that is where the money is. The world has changed and the money is still at the banks but it is also on the internet. Cyber security is important and most of the time when cyber criminals get into companies, the news does not get into the press.

There are more questions than answers, till the next time – to raising questions.

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