How to Optimize Returns on Cybersecurity Investments – Marlabs

How to Optimize Returns on Cybersecurity Investments

This year, a group of hackers launched a ransomware attack on Colonial Pipeline, an American oil pipeline company. As a result, the company shut down over 5,000 miles of pipeline, disrupting fuel supply and airline operations on the East Coast. The company paid $5M in ransom to restart
operations.

This isn’t a rarity. There have been 175 publicized ransomware attacks in 2021 alone. Studies estimate cybersecurity costs to reach $6 trillion this year, with data breaches costing enterprises $8.64 million, on average. There are newer and more complex cybersecurity threats arising each day.

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Marlabs Inc.

About Marlabs Inc.

Marlabs helps leading companies around the world make operations sleeker, keep customers closer, transform data into decisions, de-risk cyberspace, boost legacy systems, and capture novel opportunities and digital-led revenues. It provides digital-first strategy and advisory services, rapid solution incubation and prototyping, and agile digital solution engineering. Marlabs is headquartered in New Jersey, with offices in the US, Germany, and India. Its 2,500+ global workforce includes highly experienced technology, platform, and industry specialists from the world’s leading technical universities.

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