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IDC Identifies Cyber Threats, Successful Attacks Impacts on Healthcare Organizations

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IDC Health Insights today announced a new report, “Business Strategy: Thwarting Cyber Threats and Attacks against Healthcare Organizations”.

The new report features findings from the 2014 IDC Insights Cross Industry Cyber Threat Survey, designed to gauge how financial services, healthcare provider organizations and retailers are responding to increasing cyber threats and the impact of successful attacks on business operations.

This IDC Health Insights study also highlights how healthcare organizations are investing in their cyber strategy to protect their most valuable electronic assets.

Today’s healthcare organizations are at greater risk of a  cyber attack than ever before in part because electronic health information is more widely available today than in the nearly 20 years since the Health Insurance Portability and Accountability Act was passed in 1996.

Cyber criminals view healthcare organizations as a soft target compared to financial services and retailers because historically healthcare organizations have invested less in IT, including security technologies and services, than other industries, thus making them more vulnerable to successful cyber attacks.

The value of health information, which can be used to commit medical fraud, is surpassing the value of social security and credit card numbers on the black market, thus increasing the attractiveness of stealing health information.

Key findings include:

After physical loss or theft of a laptop, mobile or portable device, malicious hacking or IT incident was the most common breach reported on the Department of Health and Human Services (DHHS) Web site.

In 2013, 20 (out of 175) breaches related to hacking or an IT incident represented 9% of the individuals affected and 11.4% of the attacks.

All respondents of the 2014 IDC Insights Cross Industry Cyber Threat Survey reported that they had experienced a cyber attack in the past 12 months; 39.4% reported that they were attacked more than 10 times and 27.1% of the attacks were described as “successful attacks.”

Security is a top IT initiative for health care providers.  In 2014, according to the 2014 IDC Global Technology and Industry Research Organization IT Survey, security and risk management technologies was the number 1 initiative (29.0%).

In 2013, it was also the top ranked initiative (20.1%).

Approximately 1 out of 4 cyber attacks had an impact on normal business operations.

The majority of respondents (52.2%) indicated that the shortest impact lasted less than an hour and 43.3% reported that the longest duration was between 8 and 24 hours.

The overwhelming majority of healthcare executives reported that their spending on cyber threats increased (59.6%) or stayed the same (38.3%) over the last three years.

On average, the increase for those respondents that reported an increase  was 14.8%.

Consumers highly value their privacy according to a recent 2014 IDC Insights Cross-Industry Consumer Experience Survey, but are not as confident that healthcare organizations were adequately protecting their data.

Concerned consumers are willing to end a healthcare relationship after a breach, including changing their care providers (21.6%) and changing health plans (5%).

According to Lynne A. Dunbrack, research vice president, IDC Health Insights, “For healthcare organizations, it’s not a matter of if they are going to be attacked but when. Healthcare cyber security strategies need to take a comprehensive approach and include not only react and defend capabilities, but also predict and prevent capabilities to effectively thwart cybercriminals.”

Cyber attacks against healthcare will assuredly increase in number and level of sophistication in the next 12 to 24 months.

As other industries become more proficient at thwarting cyber attacks, cyber criminals will continue to cast their nets wider to find vulnerable information assets to exploit.

IDC Health Insights expects over time that spending allocations will change to support predict and prevent security strategies rather than defend and remediate strategies.

According to the new report, to take a more proactive stance in protecting themselves against cyber threats and attacks, healthcare organizations will need to invest in threat intelligence reporting which combines reports from security vendors and the organization’s own network logs.  Predictive analytics can then be applied against these external and internal data feeds to help identify behaviors that suggest that systems are being compromised and under attack.


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E-Business

Google Announces $37m Funding in Africa

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Google has outlined a wave of AI support across Africa, representing $37 million in cumulative funding — including previously committed but unannounced funding — to research, talent development, and infrastructure.

Google Announces $37m Funding in Africa

The funding package includes funding and partnerships that aim to strengthen AI research, support African languages, improve food systems, expand digital skills, and build research capacity.

The AI Collaborative for Food Security, a multi-partner initiative launched with $25 million in funding from Google.org will bring together researchers, and nonprofit organizations to co-develop AI tools for early hunger forecasting, crop resilience, and tailored guidance for smallholder farmers.

The goal is to help make food systems across Africa more adaptive, equitable, and resilient in the face of increasing climate and economic shocks.

Google also announced $3 million in funding to the Masakhane Research Foundation, the open research collective advancing AI tools in over 40 African languages.

The funding will support the development of high-quality datasets, machine translation models, and speech tools that make digital content more accessible to millions of Africans in their native languages.

To further empower innovation, Google is launching a catalytic funding initiative to support AI-driven startups tackling real-world challenges.

This platform will combine philanthropic capital, venture investment, and Google’s technical expertise to help more than 100 early-stage ventures scale AI-based solutions in agriculture, healthcare, education, and other vital sectors.

Startups will also receive mentorship, access to tools, and technical guidance to support responsible development.

Africa’s AI talent is growing rapidly, but the infrastructure to support it must grow in tandem.

That’s why a cornerstone of this announcement is the launch of the AI Community Center in Accra — a first-of-its-kind space for AI learning, experimentation, and collaboration in Africa.

The Center will host training sessions, community events, and workshops focused on responsible AI development. Its programming will span four pillars: AI literacy, community technology, social impact, and arts and culture — providing a platform for a diverse ecosystem of developers, students, and creators to engage with AI in ways that are grounded in African priorities.

To help meet the rising demand for AI and digital skills, Google is rolling out 100,000 Google Career Certificate scholarships for students in higher learning institutions across Ghana.

These fully funded, self-paced programs will focus on AI Essentials, Prompting Essentials, and other high-growth fields like IT Support, Data Analytics, and Cybersecurity — enabling more learners to access job-ready training and build careers in AI and the digital economy.

Beyond Ghana, Google.org is committing an additional $7 million to support AI education across Nigeria, Kenya, South Africa, and Ghana.

The funding will support academic institutions and nonprofits building localized AI curricula, online safety training, and cybersecurity programs.

Additionally, two new $1 million grants from Google.org aim to bolster AI research capacity across the continent.

One grant goes to the African Institute for Data Science and Artificial Intelligence (AfriDSAI) at the University of Pretoria to support applied AI research and training.

The other supports the Wits Machine Intelligence and Neural Discovery (MIND) Institute in South Africa, which will fund MSc and PhD students to conduct foundational AI research and help shape Africa’s role in the global AI landscape.

Speaking about the announcements, James Manyika, senior vice president for Research, Labs, and Technology & Society at Google, said: “Africa is home to some of the most important and inspiring work in AI today. We are committed to supporting the next wave of innovation through long-term investment, local partnerships, and platforms that help researchers and entrepreneurs build solutions that matter.”

Yossi Matias, vice president of Engineering and Research at Google, added: “This new wave of support reflects our belief in the talent, creativity, and ingenuity across the continent. By building with local communities and institutions, we’re supporting solutions that are rooted in Africa’s realities and built for global impact.”

 


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How High the Risk of a Cyber Incident in Your Organisation

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One of the core reasons why businesses remain vulnerable to cyberthreats is that they underestimate their risk or overestimate the strength of their existing defences.

According to a recent Kaspersky survey entitled “Cybersecurity in the workplace: Employee knowledge and behaviour”, 52,1% of professionals surveyed in the Middle East, Turkiye and Africa (META) region, whose work requires the use of computers, asses the risk of a cybersecurity incident happening to their company as quite possible.

Commenting on the probable consequences of a cybersecurity incident, 55,6% of employees surveyed supposed that it might seriously affect the company. This understanding of risks comes not only from general cybersecurity awareness, but also from knowledge about cyber incidents in their organisations: 31,8% of respondents acknowledged such incidents happened in the past 12-months, while an additional 26,2% said they have heard about these incidents from colleagues.

Organisations nowadays face a variety of cyberthreats ranging from phishing and business email compromise to ransomware and advanced persistent threats.

In a lot of these attacks, the entry point into the organisation’s network is via a human mistake, and it is for that reason attackers actively employ social engineering techniques and AI tools to make their efforts more effective.

The survey shows that the majority of respondents understand that cybersecurity is an issue that should be considered by the IT department, while 23,9% also mentioned top level executives and 15,9% cited legal and financial employees as core groups within the business who should keep cybersecurity issues in mind. Only 30,6% of employees surveyed viewed cybersecurity as an issue that should be considered by all employees across the entire business.

“In today’s digital landscape, cybersecurity is a collective responsibility that extends beyond the IT department. Every employee should remain vigilant against evolving threats.

“Regular cybersecurity training, use of relevant IT solutions, well-defined policies and an incident response plan are essential pillars of organisational cyber resilience. When every team member is informed and prepared, the organisation stands stronger against cyber threats,” says Brandon Muller, Technical Expert for the MEA region at Kaspersky.

 


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UAC Acquires ChivitaHollandia from Coca-Cola in Strategic Move to Expand Food & Beverage Leadership in Nigeria

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The Coca-Cola Company has entered into an agreement to sell Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC).

Chivita|Hollandia (CHI Limited) is a leading food and beverage player in Nigeria, with a portfolio across value-added dairy products, juices, nectars, still drinks, and snacks.

The Hollandia brand is the market leader in evaporated milk and drinking yoghurt, while the Chivita brand is the market leader in fruit juice.

This transaction, which is subject to regulatory approval, further supports The Coca-Cola Company’s strategy to operate a flexible and asset-light model and focus on brands that have the greatest potential to scale.

The Coca-Cola system recently announced it will invest $1 billion in Nigeria over five years and remains committed to these investments, provided a predictable and enabling environment is in place.

This investment underscores the importance of Africa as a long-term growth opportunity for the Coca-Cola system.

UAC is a holding company focused on domestic manufacturing, marketing, and distribution of leading consumer brands in Africa. The company operates nine manufacturing facilities and several logistics and distribution hubs across Nigeria, with 5,000 employees.

Fola Aiyesimoju, group managing director of UAC, said: “As a company with a strong presence in Africa, we are deeply committed to the continent’s growth. We are pleased to announce the acquisition of Chivita|Hollandia (CHI Limited), a leading dairy and juice business in the region.

“This acquisition presents significant potential to build on Chivita|Hollandia’s (CHI Limited’s) legacy of excellence and innovation. I would like to thank the management and staff of Chivita|Hollandia (CHI Limited) and look forward to working with the team to support the next phase of growth.”

Eelco Weber, managing director of Chivita|Hollandia (CHI Limited), said the business has made significant progress over the past few years, with the Chivita and Hollandia brands becoming clear leaders in their categories.

“I would like to thank our over 5,000 employees for their hard work and dedication in bringing our business forward and earning us recognition as a Gold-rated Great Place to Work,” Weber said.

The management team, including Weber, are confident in the company’s growth prospects. “We see a bright future for Chivita|Hollandia (CHI Limited),” Weber said. “With the strength of our team, coupled with the dedication of UAC, there will be exciting opportunities for further growth.”

Citi served as exclusive financial advisor to The Coca-Cola Company, with McDermott Will & Emery acting as legal advisor. Fasken Martineau LLP and Templars Law served as legal advisors to UAC.


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