Will these 13 Cybersecurity Unicorns help tackle the mounting Challenge?

The Role of these well-funded private companies takes the center stage as the data breaches become more prevalent

Majority of the people who venture online have seen their security compromised at one point or the other — at our end, we can practice using safe online browsing techniques, but once the data hits the external servers, things are not in your hand. The companies have to do their part to safeguard the users' data. Unfortunately, either the hackers are becoming smarter or the companies & organizations are not doing enough to secure online communication.

Case in point, the recent cyberattack on Bulgaria’s tax agency where data of most adults in the country of 7 million people was stolen. Imagine data of all the citizens of a country in the hands of a government agency being compromised! The scary part is that hack occurred back in June and they only got to find out about it a month later from the “perpetrator” via an email.

Apparently, a 20-year old has been arrested in connection with the crime as the investigation continues with the tax agency now facing fine of up to 20 million Euros from the Personal Data Protection watchdog. Wish they had spent this money on installing better…