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The Consequences Of Ransomware Attacks Are Far-Reaching And Profound

Financial Losses: Ransom payments and associated costs can be crippling. In some cases, victims pay ransoms but do not receive decryption keys, resulting in unrecoverable losses. Data Exposure: Exfiltrated data can be sold on the dark web or used for further cyberattacks, leading to potential identity theft, fraud, or extortion Operational Disruption: Businesses and organizations face significant disruptions, downtime, and reputational damage, affecting productivity and customer trust. Legal and Regulatory Implications: Ransomware attacks often involve data breaches, triggering legal and regulatory obligations, as well as potential fines. Health and Safety Risks: In sectors like healthcare and critical infrastructure, ransomware attacks can have direct health and safety implications for patients and the public. Mitigating the Threat Mitigating the threat of ransomware requires a multi-faceted approach that combines technology, education, and preparedness: Backup and Recov
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RISK-FREE FARMING (SORT OF)

 

RISK-FREE FARMING (SORT OF)

OUTCOME-BASED WARRANTIES THEN GUARANTEES CAN REDUCE AGRONOMIC RISK. STILL, MAKE SURE THEY FIT YOUR FARM.

Do you desire your seed and chemical inputs could work exactly as promised – or your cash again? These days, maybe you may.

"There will by no means be risk-free farming. Techbizcenter However, there may be wonderful innovation coming this is using agronomic performance," says Jim Hedges, vice president of seed advertising for WinField United.

Several agencies have recently brought packages that guarantee a certain metric, inclusive of a yield aim, ailment-free area, or irrigation device alert. If this metric is not reached, farmers acquire a reimbursement in coins or products. Technologywebdesign That's a transfer from nowadays's sales model that organizations use to promote seed through luggage or bulk or chemical compounds in jugs.

Guaranteeing results was once not possible because agricultural organizations had no predictive competencies.

"That is rapidly changing," says Liam Condon, president of Bayer Crop Science. Marketingmediaweb Digital agriculture now makes it viable to shape a predictive model that establishes performance metrics if certain products are used as advocated, he says.

Ideally, final results-based totally models do away with input chance for farmers, he says.

"As an example, U.S. Corn growers realize on average that after they use a fungicide, they get a better yield than if they don't," he says. Tipsfromcomputertechs "The problem is, they may get a lower yield in a few cases in the event that they use a fungicide. Most farmers need to keep away from terrible results, so their willingness to try a fungicide is pretty low due to the fact they don't understand whilst to apply it."

Under its final results-primarily based pricing models, Bayer groups its studies and development (R&D) information with statistics from a farmer's subject to build a predictive model outlining if, whilst, and wherein a fungicide pays.

In 2019, Bayer piloted an outcome-primarily based software that compensated corn farmers if a yield intention wasn't reached. Digitalmarketingtrick  If the farmer's yields swelled above the predetermined metric, Bayer proposed equally sharing the extra bushels with the farmer.

Bayer is still pursuing this model, and it's increased this system to consist of the fungicide version and other outcome-based pricing offerings, says Alex Buschermoehle, Bayer's new business models platform lead. tockhop

"We are looking at an extensive portfolio of ideas, as opposed to most effective one unique idea," he says. "It’s like the early degrees of an R&D portfolio. You know many thoughts may want to fail or trade appreciably at a later level so as to locate a concept that works ultimately.” popbom

RISK REDUCER

“Data without motion is beside the point,” says Hedges. Outcome-based totally models take this to coronary heart, as they use facts-generating virtual agricultural gear like yield monitors and sensors to again product performance.

“I think it makes feel that companies are embracing this idea of ensures and 0-hazard agriculture,” says John Bourne, vice president of marketing for Ceres Imaging. “The idea of ensuring overall performance is robust. It’s a manner for groups to split themselves in a sea of latest technologies, bring a selected ROI [return on investment], and stand behind their service or product.”

“It’s now not for every grower,” says Tracy Linbo, executive V.P. and chief commercial officer for Growers Edge, a virtual farming firm. Recommendations nevertheless ought to fit the farm and the farmer’s comfort level. Still, such plans offer a low-hazard manner for farmers to locate products that enhance their agronomic performance, she provides.

These programs also allow farmers to tap into corporation facts they in any other case couldn’t use. “Farmers can access this incredibly valuable database which could maximize their crops,” says Peter Carstensen, professor of regulation emeritus at the University of Wisconsin.

Cory Atley, who farms and owns the crop consulting firm Advanced Yield, LLC, virtually taken into consideration backing his crop consulting products and services with a yield assure.

“I puzzled if it changed into something that could help mitigate chance,” says the Cedarville, Ohio, farmer. “I talked myself out of that alternatively speedy.”

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