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[December 30, 2020] FinancialBuzz.com News Commentary NEW YORK, Dec. 30, 2020 /PRNewswire/ -- Nowadays, an extensive layer of cybersafety is often required for business infrastructure or government agencies in order to protect sensitive information and consumer data. In fact, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research. Currently, though, the latest Russian hack, which is being called the largest act of espionage in...

Magnitude needs to be bipartisan. it needs to be thorough. we need to be precise in the language that we use so that we can make sure we're getting to the bottom of what happened. what cybersecurity tools do the russian used to influence elections? what do we know about the plans and intentions and motivations of russian intelligence to do this? what americans may or may not have had contact with russian intelligence officials? what information was being collected and may have been shared outside of, did somebody violate the oath to protect this classified information? >> elizabeth: i'm going ...

Attacks? >> years ago, their french intelligence said everyone spies on everyone, translate that to the 21st century, everyone packs everybody. this is the kind of wharf where we are not prepared for. we have great offensive weapons but bad defense. it is not only bad right now, it's going to keep escalating because the price of committing these attacks, we don't give people but he noses anymore. we need to start having the defense from our defensive standpoint, cybersecurity defense needs to be so strong that the price of an attack, the cost goes so high that we narrow down who is attacking u...