Ransomware, widely considered to be the fastest-growing malware hazard of the 21st century, continues to threaten the uptime, profits and brand reputation of the automotive industry.

One of the first initiatives of the recently established Acronis Foundation was the creation of the Yellow Ribbon Fund-Acronis IT Skills Programme in Singapore, which taught valuable IT and life skills to inmates as a way to help them build a new life after release and reduce the odds that they would reoffend. This week, Acronis is happy to congratulate the first 15 participants on successfully completing the first training course.

Ransomware is one of the most pervasive and costly forms of malware afflicting businesses and consumers today.

With technology, things are always changing. So as a global leader in cyber protection and hybrid cloud solutions, Acronis has to continuously invest in research and development (R&D) to ensure we’re providing customers with the best protection for their data, apps and systems using cutting-edge technologies. That innovative philosophy pays tremendous dividends in the effectiveness of our solutions. Developing those technologies also requires us to find the best and brightest software engineers, scientists and security experts wherever they may be. That is why we have a network of R&D centers located around the world, operating in Asia, Europe and America. Such a global presence not only allows us to develop cyber protection, artificial intelligence, and blockchain-based technologies around the clock, it puts us closer to the best talent around the world. Now that R&D network is even larger since we just opened our new European office and R&D center in Sofia, Bulgaria. The strategic location will not only help us better serve our European-based customers, but the central location enables us to more easily draw on the well-educated and dedicated technical talent pool the continent offers.