According to the findings of the second edition of the report, the ransomware empire’s winning streak continued, with the average ransom demand increasing by 45 percent to $247,000 in 2021.

“Intersec 2022 is a valuable platform for all stakeholders to come together and discuss emerging trends and key issues. The high-profile event sets the tone for the security industry for the year,” explains Brown.

“Quantum Xchange’s unique technology greatly eases this burden, offering an affordable and dynamic next-generation key delivery architecture for stronger data security today and quantum-safe protection from future threats,” said Sanjeev Walia.

Industry-specific cyber threat intelligence, digital risk prevention, and investigative tools are required as part of the GCC’s efforts to improve its cyber resilience. This is made possible with the collaboration between Group-IB and Spire Solutions.

Cyble has seen record growth since its inception, and the company is on the journey towards dominance in the cyber threat intelligence space. Shenoy will engage with the local network to pearhead our regional growth activities.