Education Sector was the Hardest Hit by Ransomware in 2020
Education, together with retail, faced the highest level of ransomware attacks during 2020, with 44 percent of organizations hit (compared to 37 percent across all industry sectors), as per the latest ‘Sophos State of Ransomware in Education 2021’ report which looks at the extent and impact of ransomware attacks on educational institutions worldwide during 2020.
According to the report findings, the total bill for rectifying a ransomware attack in the education sector, considering downtime, people time, device cost, network cost, lost opportunity, ransom paid, and more, was, on average, $2.73 million – the highest across all sectors surveyed, and 48 percent above the global average.
The report added that over half (58 percent) of the education organizations hit by ransomware said the attackers had succeeded in encrypting their data. Over a third (35 percent) of those with encrypted data gave in to the attackers’ demands and paid the ransom. Only the energy, oil/gas and utilities (43 percent), and local government (42 percent) sectors were more likely to pay.
Lung Cancer Incidences on Rise in Women owing to Reverse Smoking
An increasing number of women are reporting cases of lung cancer revealed the lung cancer experts at Neuberg Centre for Genomic Medicine Panel discussion on Lung Cancer Detection – How Late, is Late? The lung cancer incidences in men continue to be high; however, the rising number of incidences in women has become a cause of concern.
The disease burden of tobacco-related malignancies is expected to rise by 12 percent in India in the next few years, the panelists stated. They highlighted that smoking continues to be a major cause for lung cancer, the risk of developing lung cancer in smokers versus non-smokers is 20:1. Further, 50 percent of the lung cancer patients die in the first-year post-diagnosis. We can ensure a 14 percent to 20 percent decrease in deaths if the cancer is detected at the earlier stages.
Easiloan Sanctions Home Loans worth Rs 300 Crore with AI Recommendation Engine
The newly launched Fintech startup Easiloan has sanctioned home loans worth Rs 300 crore in the last quarter. With its ‘Easiloan Instant Match’ application, the Indian housing finance industry’s first Artificial Intelligence (AI) technology-based selection and recommendation engine for home buyers, it is able to match the home buyer and lender accurately, leading to a much higher conversion rate.
Easiloan has tied up with financial institutions like HDFC, ICICI Bank, SBI, Bajaj Housing Finance, Axis Bank, LIC Housing Finance, L&T Housing Finance, PNB Housing, IIFL Home Finance among others and now has added Kotak Bank and IDFC Bank, to give its customers a wide range of finance options and find the best match for their home loan needs.
