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HEADLINES & GLOBAL NEWS By   Jul 12, 2021 09:04 PM EDT (Photo : Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) POLAND - 2021/07/12: In this photo illustration a Microsoft logo seen displayed on a smartphone with stock market percentages in the background. Tech giant Microsoft announced on Monday it would buy RiskIQ, a cybersecurity firm, amid the growing number of ransomware attacks in an attempt to better protect companies and residents from cybercrimes. The acquisition of the firm will support Microsoft (MSFT) and its customers in fighting back against the increasing threat of cybercrimes. The primary victims of these incidents are people who perform remote work and rely on cloud computing. Officials noted that cyberattacks in recent years have become more sophisticated and more frequent.

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