Identification of the hacking problem

Based on the US Cybersecurity Trends Report (link to an online source at the end of the article), the hacking phenomenon records an increase in cyber-attacks in 2019 and 2020. From the legal perspective, what is particularly interesting is a significant increase in the recorded data loss events as a result of hacking activities in relation to the number of cases in individual years in the 2015-2020 prediction. One of the studies in the indicated report shows two specific moments over the years. The first one took place in 2016-2017, where we see an increase in hacker attacks by nearly 2,000 violations, but this is not related to a proportional increase in lost data, which differs from those from 2016 by about 1.5 million. In 2017, there was a slight increase in infringements, but more importantly, less data was lost. The second of these important moments indicated by the experts took place in 2018-2019, when there was a drastic increase in lost data with a slight increase in violations compared to 2018. We are seeing a drastic decrease in the number of breaches with a simultaneous huge increase in lost data.

From the analysis of the report, a surprising conclusion can be drawn that currently data breaches by hackers are less and less frequent compared to previous years, but much more effective.

The report also shows annual global cybersecurity transactions and equity financing in 2016-2021. In this respect there can be observed the huge projected increase in cash outlays for the cybersecurity target compared to 2020. The projected increase is over $ 10 billion. Despite the increase in spending, there has been a decline in the number of cybersecurity contracts.

The report presents the share of global cybersecurity transactions in 2020 by country. The first thing that throws up is that the US has over a half of shares in global market and is thus becoming a sort of hegemon in the fight against hackers. China ranks second with 12%. On the other hand, Israel ranks third with a 10% share, also showing a 4% increase compared to 2019. With the same trend, it has a good chance of overtaking China in this respect. The report shows the number of annual departures from the cybersecurity sector through mergers and acquisitions and stock market debuts. In the years 2016-2019, an upward trend can be noticed. From year to year, the number of departures increased by 100.

The report also shows the ratio of the increase in the number of the so-called megarounds (contracts worth over $100 million), which results in an increase in the volume of transactions.

All these increases in value did not go unnoticed. The consequence of the development of this type of industry, which is cybersecurity, is the creation and development of private companies. There are already over 30 companies in the world involved in the development of cybersecurity technologies, the value of which exceeds $ 1 billion. In Europe, for example, Acronis is such a company.

Almost 75% of cyber defenders are based in the United States, most of them in California. Second place, with almost 20% concentration of cyber defenders, is Israel. Canada and Ireland boast one “cyber defender” within their borders. In Canada it is the company “Isara”, and in Ireland “Tines”.

Methods of counteracting cyber attacks

There can be differentiated various methods of counteracting cyber-attacks. Most innovative ones are presented below:

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Purpose of existence

The main task of the Polish Platform for Handling Investment Projects (POPI) is fast and accurate implementation of broadly understood investment projects, which is (as the Polish Ministry of Health maintains) one of the most important activities of the Ministry of Health. In order to bypass many entities that would be involved in the implementation of a given investment, the Ministry of Health brought to life the POPI platform, which automated the above-mentioned process and thus facilitated navigation in the area of investment projects and increased the number of investment projects implemented in the area of health. The platform for servicing investment projects of the Polish Ministry of Health is a place bringing together entities that are directly involved in the process of launching investment projects. As part of this platform, entities can apply for funds for any investment co-financed by the Ministry of Health. Additionally, the POPI platform can function as a place where applications are assessed, and the given investments are monitored and settled. It should also be remembered that mutual contact regarding the implementation of specific investments is also part of POPI.

The Investment Project Support Platform (POPI) is available at the following address:

e-inwestycje.mz.gov.pl

It is also important that in order to fully use the POPI platform, it is required to set up an account through a certified profile, and to submit the application with the use of a qualified electronic signature.

What can POPI enable?

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This text is an instruction on how to go through the electronic procedure on the KRS (National Court Register) Portal to set up a simple joint-stock company in the e-forms National Court Register application. We are going to show you a shortened and simplified procedure in few steps on which the applicant should (must) follow.

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Brand New Online Portal of the Polish Register of Entrepreneurs of the National Court Register

On 1^st July 2021 in Polish jurisdiction a revolutionary change has taken place. Namely, there has been amended an Act on the National Court Register (Journal of laws of 2021, item 112 as amended).[1] The amendment is about an introduction of an electronic registration procedure. Especially the form of filing applications for the entry in the Register of Entrepreneurs of the National Court Register will be changed.[2] The amendment mainly concerns the registration issue of the limited liability company and the partnerships.

The National Court Register Act amendment is caused by a necessity to implement the European Parliament directives and the EU’s Council directives on some of the company law aspects (2017/1132 EU; 2012/17/ EU, etc.).[3] The issue of the adaptation to the European Union law can be found in the first article (art.1) of the Amendment Act of the National Court Registration Act.

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SECOND PART- TRENDS AND DEVELOPMENT OF SPECIFIC TELEHEALTH SECTORS

Sectoral legal advice for clients from the telemedicine sector requires from lawyers to constantly monitor the market in this sector and constantly expand their knowledge of market needs. It is the duty of every lawyer of KIEŁTYKA GŁADKOWSKI to be up-to-date with the sector of economic activity on which they provide legal services. Proper legal advice requires from lawyers to know the market practice of a given sector, and above all, knowledge of complex IT terminology and the basics of the pharmaceutical market.

I Telehealth trends’ perspectives

On the Telehealth Investment Trends we can have a look from different perspectives.

1. One of these perspectives is a funding perspective. In the 2^nd quarter of 2021 we can notice a funding record broken for the 4^th quarter in a row (from the 3^rd quarter of 2020). The deal count amounted 163 deals and the funding amounted 5,038 (in millions of dollars).
2. The continental differences. It is explicitly noticeable that European investment nearly quintupled QoQ to reach a record high of $915M. Asian investments almost halved, north American investment slightly increased but European made an incredible investment growth which might be a long-perspective tendency (especially regarding the COVID-19 pandemic and Europe’s ageing an increasingly digitalized society). Among these reasons and investment tendencies the polish executive in the abovementioned ordinance included the procedures to impart instructions about e- medical prescription realization, additional treatment, tests realization (including laboratory tests) and possibility to sign up an Online Patient Account[1]. These procedures and medical services requirements can be (and in deed will be for sure) unquestionably helpful for older people who are yet to learn with increasingly used IT systems.
3. The differences between early-, mid- and late- stage deal percentage. It is worthy to notice that in the 2021 early-stage deal share tracked at a historical low but at the same time the late-stage share at its high level (12% in comparison to previous 8%). This may reflect the increasing sophistication and maturity of the telehealth industry and of course the maturity and investment development and advancement of telehealth entities.

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