Statistics show that the fallout from successful cybersecurity incidents has both financial and business-related consequences. A data breach costs the average enterprises approximately $60,000, and in extreme situations, small and medium-sized businesses may go out of business within 6 months from the date the incident occurred. Thus, to determine whether the financial cost of successful hacking attempts, businesses have turned to insurance to deal with extensive losses.

Ransomware is a form of malware cybercriminals use to encrypt data stored in computers or online servers. Cybercriminals demand payment to release the encryption key blocking the user from accessing the encrypted data. Payment is typically made through diverse mediums, including digital currency like Bitcoin. Once payment has been made, the victim is generally provided with instructions on decrypting their data.

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On January 26th, 2020, Mimecast released an updated statement about the compromise first published on January 12th 2020.

Mimecast Large File sending service provides a solution for companies to send and receive large files without leaving the Microsoft Outlook e-mail platform's ecosystem and avoids using third-party file senders, which complicates overall IT security defenses.

Mimecast is a security company that offers solutions for corporate users to secure their email communications along with threat detection technologies.

Proofpoint’s Outlook Plugin is part of a broader product offering comprising multiple cyber-security and data protection tools.

An organization’s digital transformation process requires a safe and secure environment for sharing data, and Proofpoint provides a solution for the exchange of large files using their Secure Share tool.

One of the most complex cyber-security protections provided by security firm Proofpoint is their Targeted Attack Protection (TAP) solution. Proofpoint TAP is aimed at protecting your systems against ransomware and other threats that usually penetrate your business systems through e-mail messages.

Proofpoint is a security company that offers multiple solutions to protect your organization’s online communications and digital assets. Proofpoint URL Defense is part of their Business, Advanced and Professional packages and works as an anti-phishing tool by re-writing embedded links in your e-mail messages.