New malware on the rise: Tardigrade targets biotech companies

In recent years, the threat of cyberattacks has been increasing rapidly. Malware attacks have become a common occurrence, and new forms of malware are constantly emerging. One of the latest forms of malware to surface is Tardigrade, a malicious program that targets biotech companies. What is Tardigrade? Tardigrade is a type of malware that is […]

Posted - April 10, 2023

Categories:

Connection Cybersecurity Malware

In recent years, the threat of cyberattacks has been increasing rapidly. Malware attacks have become a common occurrence, and new forms of malware are constantly emerging. One of the latest forms of malware to surface is Tardigrade, a malicious program that targets biotech companies.

What is Tardigrade?

Tardigrade is a type of malware that is designed to steal confidential information from biotech companies. This malware is a sophisticated piece of software that can penetrate even the most secure systems. It is named after the microscopic tardigrade, a creature that is known for its resilience and ability to survive in extreme conditions.

How does Tardigrade work?

Tardigrade is typically spread through phishing emails that appear to be legitimate. Once the user clicks on the link or attachment in the email, the malware is downloaded onto their computer. Once installed, Tardigrade begins to gather data from the infected system. It can collect sensitive information such as intellectual property, trade secrets, and other confidential data.

Tardigrade is also capable of spreading to other systems on the same network. This means that it can quickly infect multiple computers within an organization, causing widespread damage.

Why are biotech companies targeted?

Biotech companies are a prime target for cybercriminals because they possess valuable intellectual property and trade secrets. These companies invest millions of dollars into research and development, and the theft of their confidential information can have devastating consequences.

Furthermore, the biotech industry is highly competitive, and the theft of intellectual property can give a competing company a significant advantage. For these reasons, biotech companies must take extra precautions to protect their sensitive information.

What can biotech companies do to protect themselves?

There are several steps that biotech companies can take to protect themselves from Tardigrade and other forms of malware. Firstly, they should implement strong cybersecurity measures, including firewalls, antivirus software, and intrusion detection systems. They should also ensure that all employees are trained in cybersecurity best practices, such as avoiding suspicious emails and links.

Secondly, biotech companies should limit access to their sensitive data. They should implement access controls to ensure that only authorized personnel can access confidential information.

Finally, biotech companies should regularly back up their data to ensure that they can recover from a malware attack. They should also conduct regular vulnerability assessments and penetration testing to identify and fix any weaknesses in their systems.

Conclusion

Tardigrade is a dangerous form of malware that poses a significant threat to biotech companies. These companies must take extra precautions to protect their sensitive information and prevent a malware attack. By implementing strong cybersecurity measures, limiting access to sensitive data, and regularly backing up their data, biotech companies can minimize the risk of a Tardigrade attack and protect their valuable intellectual property.