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Ransomware Is Getting Worse, and Cybersecurity Has No Easy Answers

namussi/Getty This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Ransomware gangs that lock up companies data demanding payment may cost firms $20 billion this year. Companies are using cyber insurance to help pay ransoms because cybersecurity has no easy answers. Gangs, many located in Russia, and using their loot to invest in AI and other tools to be more effective. The world is...
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Deep Instinct to offer $3 million ransomware warranty

Deep Instinct to offer $3 million ransomware warranty Guy Caspi, co-founder and CEO of Deep Instinct, said with the new announcement that the company is "offering a level of protection for our customers that goes beyond anything on the market today." Deep Instinct announced Thursday that it would back its product with a performance guarantee that delivers false positivity rates of less than 1 percent, plus a ransomware warranty of up to $3 million per company for a single breach. Based ...
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Cybersecurity Company Deep Instinct Expands Executive Team with Appointment of Chief Marketing Officer - Press Release

Cybersecurity Company Deep Instinct Expands Executive Team with Appointment of Chief Marketing Officer NEW YORK--(Business Wire)--Deep Instinct, the first and only cybersecurity company to apply end-to-end deep learning to predict, identify, and prevent cyberattacks, today announced that Ryan Shopp has been named to the newly created position of chief marketing officer. He has 20-plus years of experience that spans product marketing, demand generation and brand management, leading global mark...
United States Glenn Rossman Ryan Shopp Security Service Providers Waters Agency Texasam University

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