When one threat actor group is taken down another one appears in its place ready to devastate organizations. The number one cyber threat? Ransomware. By 2031, ransomware will cost victims an annual total of $265 billion. Until recently, the largest ransomware payment was $40 million by CNA Financial to regain control of their systems. Now, Dark Angels—one of the top cyber threat groups to watch—broke the record for the largest ransomware payment by almost double the largest payment at $75 million. With ransomware attacks increasing and becoming more costly, the…
Read MoreDay: August 14, 2024
California Insurance Crisis Fuels Unprecedented Rent Hikes for Tenants
Navigating the Soaring Rents in California: The Role of Rising Renters Insurance and Landlord Costs In recent months, California has witnessed an unprecedented surge in rental prices, leaving both tenants and landlords holding the financial ball. The confluence of rising renters insurance and landlords’ increasing expenses is exacerbating the situation, creating a complex web of economic strain across the state’s rental market landscape. Surging Rental Prices in California Rental prices in California have reached record highs, with cities such as San Francisco and Los Angeles topping the charts for the…
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