What the Blog? is an Essentials video series discussing what’s next for the Cybersecurity industry and the newest cyber threats. Editors Isabella Moulton and Martin Jacobsz bring you a snappy summary of articles directly from our expertly curated Cybersecurity Essentials Newsletters.

In our first article, we learned that in 2020 ransomware attacks increased by 435%, while malware attacks weren’t far behind, seeing a 358% increase. It’s estimated that cybercrime will cost the world $10.5 trillion every year for the next four years. AI software might be the answer we’ve been searching for though, as it can detect early stages of hacking and phishing campaigns! Check out our blog here.

Our second article highlights that global spending on information security and risk management services will jump to $150.4 billion this year, which is an increase of 12.4% from last year. To make matters more interesting, there’s a massive shortage of trained cybersecurity professionals, so companies are really struggling to find the right people to help defend them against the latest ransomware attacks and data breaches. Read it here.