2021 has been a particularly bad year for cyberattacks. There are still 6 weeks of 2021 left, but there have already been more publicly reported data breaches than in all of 2020, according to the Identity Theft Resource Center (ITRC). 2020 was a record-breaking year for cyberattacks, and that record looks set to be beaten once again.
ITRC said supply chain attacks increased by 42% in the first quarter of 2021, ransomware attacks have been occurring at record levels, and phishing attacks remain a constant threat. It is not just the number of data breaches being reported that I a cause for concern, but also the severity of those breaches.
This year has seen several high-profile attacks, including the ransomware attack on Colonial Pipeline in the United States that disrupted fuel supplies to the East Coast for a week, and a ransomware attack on the Irish Department of Health and the Health Service Executive in May 2021, which resulted in data theft and major disruption to healthcare services.
Attacks on critical infrastructure have a devastating impact on people businesses can suffer catastrophic losses. Given the current threat level and frequency at which data breaches are being reported, it has never been more important to invest in cybersecurity.
Cybersecurity is now a priority for Irish businesses following a series of devastating cyberattacks in the country. Those attacks have hammered home the message that all Irish companies need to take steps to improve their defenses and keep hackers at bay.
Think Business, Ireland has recently raised awareness of the risk of cyberattacks and is helping businesses in the country find the solutions they need, by highlighting the excellent work being conducted by Irish cybersecurity firms. Many cybersecurity firms have a base in Ireland, with the country producing some incredible homegrown cybersecurity talent in the form of consultants, security experts, and companies that offer cutting-edge cybersecurity solutions that are protecting companies and data all around the world.
To help Irish businesses find companies that can meet their cybersecurity needs, Think Business, Ireland recently compiled a list of the top Irish 26 cybersecurity companies to watch out for in 2021 and beyond, with the report highlighting the wide range of cybersecurity solutions that have been developed by innovative Irish companies that are making their mark on the global stage.
The list includes TitanHQ, a Galway-based cybersecurity firm that has been developing innovative security solutions for 25 years. TitanHQ’s award-winning email security, web security, and email archiving solutions are now used by more than 12,000 businesses in over 150 countries, with more than 2,500 managed service providers using the solutions to protect their own and their clients’ networks from cyber threats such as malware, ransomware, viruses, botnets, and phishing.
While many businesses have been struggling through the pandemic, TitanHQ has gone from strength to strength and has continued to enjoy impressive growth. Investment from Livingbridge investor group has helped the company invest even more in product development and people and over the past 18 months, the company has doubled its workforce to more than 90 employees.
TitanHQ solutions have been developed to be easy to implement and use by all businesses and, importantly, the solutions were built from the ground up by managed service providers to help MSPs better protect their clients. The solutions save MSP’s support and engineering time by stopping problems at the source and are easy to fit into existing service stacks. That’s part of the reason why TitanHQ is now the leading provider of cloud-based cybersecurity solutions to MSPs serving the SMB market.
“We are delighted to be listed next to some of the biggest names in the Irish cybersecurity space,” said Ronan Kavanagh, CEO, TitanHQ. “As the threat landscape continues to be a significant risk to organizations across the globe, we are dedicated to continuous innovation to provide consistent, secure, and reliable protection to our customers.”