The Increasing Problem of Cybersecurity and Ransomware

Investingnews.com recently made a report concerning the importance of cybersecurity. In the report, top cybersecurity companies were named, and the importance of cybersecurity were fully expressed.

 

It’s already obvious to many why cybersecurity is so important with the growing number of cyberthreats. However, investors within the sector should have more knowledge on cybersecurity. One reason is because individuals, governments, and companies are encountering more damage due to the proliferation of cyberattacks. An great example of this is the WannaCry attacks that occurred in May 2017. The ransomware occurred on approximately 300,000 digital software and computers in more than 150 countries. This ransomware was described as the biggest of such cyber assault.

 

Another thing to take serious note of is the disturbing stats concerning the increase in cyber attacks. From 2013 to 2015, the reported cybercrimes’ cost quadrupled between $400 billion to $500 billion. A forecast by Cybersecurity Ventures stated that cyberthreats, like ransomware and others, will rise to $6 trillion per year by 2021. Also, 59 percent on a Global State of Information Security Survey (GSISS) by PwC stated that their business ecosystems’ digitization has impacted security budgets.

About Rubica

 

Found just last year, Rubica, www.rubica.com, is already making great strides and popularity among customers. Rubica is a digital privacy and security organization in which is loaded with staff having over a decade of experience. And many customers are already singing their praises proving that Rubica is the ultimate solution poweful enough to protect family and business networks even to the point of a world class corporation. And furthermore, they provide full service cybersecurity for all consumers’ devices regardless where the devices are used.

 

Located in Seattle and San Francisco, their team includes previous personnel of top security companies from the US Navy, NSA, Scotland Yard, and others. They have around 11 to 50 employees, and they are funded by some premiere tech investors, such as Upfront Ventures, Lerer Hippeau Ventures, Expa Labs, and Slow Ventures.

 

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