At the end of last month, on July 27, the Senate Judiciary Committee held a hearing regarding the rise of ransomware attacks in the US which included top cyber officials.

Over the past year, there has been a 300% increase in attacks, costing businesses $300 million, according to the Department of Justice.

A giant data breach affecting 170 hospitals and healthcare centers across the US exposed confidential health information of hundreds of thousands of patients, multiple organizations have revealed. The attack, which took place on April 6, targeted Elekta, a Swedish developer whose software powers the linear accelerators used in radiation therapy.

Solarwinds "Building a Secure Future 2021" which surveyed 967 tech pros, managers, and directors from a diverse intersection of private, public, small, and enterprise-sized organizations.

45% of respondents attributed lack of budget to be a leading barrier against risk mitigation, while another 45% said it's because of lack of training.