Rockville, MD – (Jan. 19, 2022) — E. Cohen, a nationally ranked tax, assurance, and consulting firm headquartered in Rockville, Maryland, announced the launch of a new full-service cybersecurity company, BinaryLab, to serve a variety of commercial businesses and government entities, which have increasingly become the targets of cyber criminals in recent years. BinaryLab addresses
Showcased across traditional news outlets and dominating the cultural zeitgeist, ransomware and the threat it presents to individuals, corporations, and nation-states is occupying the public consciousness like never before. The eye-popping statistics of annual increases in ransomware activity and dizzying ransom prices validate this growing concern. During October alone, there
The devastating impacts that a ransomware incident can have on a company range from minor inconveniences, such as interruption of services, to the potential inability for a business to financially recover, creating an urgency to mitigate the effect of such a breach. What is ransomware? Ransomware is a type of
According to Cybercrime Magazine and Cybersecurity Ventures, global ransomware will cost the world nearly USD $20 billion in 2021 and is projected to exceed USD $265 billion by 2031. On average, the ransom demanded during an attack is roughly $5,600, but what is worse is the downtime after an attack can cost up to
