Cybersecurity Ventures in a recent report predicts that the cost of ransomware and other cyber threats will rise to $6 trillion by 2021. This includes the rise in cyber attacks on medical devices. Experts predict this alone will reach $101 billion by 2018.
The issue of cyber security is affecting politicians. The way Hillary Clinton managed emails on her server may have influenced the results of the election. In May 2017 President Donald Trump signed an executive order to increase the digital security of the United States, especially the federal government.
The WannaCry ransomware attacks of May 2017 invaded over 300,000 computers in 150 countries. Identity theft, stolen and destroyed data, stolen money, theft of intellectual property, fraud and ransomware are just some of the ways criminals are costing the economy. Businesses must also conduct forensic investigations, restore service, replace hacked data and continue service.
Rubica is a digital privacy security firm with apps that protect smart phones, laptops, and computers. Their goal is to enforce everyone’s right to privacy and safely online. And they have a product to reduce the amount of online cyber crime. They are targeting the profitability of ransomware.
Rubica has cyber experts who previously worked for the United States Navy, Scotland Yard and the National Security Agency.