While the world is focused on the health and economic threats posed by Covid, cyber criminals are capitalising on this crisis.
Hampleton’s latest Cybersecurity M&A report highlights the importance of cybersecurity vendors as all industries seek protection from cyber-attacks, now that millions more people are working and learning from home using VPN networks and potentially suboptimal computer equipment and inadequate cybersecurity.
Henrik Jeberg, director, Hampleton Partners, said: “A spike in phishing attacks, Malspams and ransomware attacks has forced companies digitising their processes to double down on IT and cybersecurity improvements. Read more…..
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Treasury Secretary Steven Mnuchin said his agency and the Federal Reserve have enough firepower to continue to support the economy, a day after calling for several emergency lending programs to be sunsetted by the end of the year.