Things Have Changed Things Have Changed

Cyber-risk has more than quadrupled since 2002 and tripled since 2013. Cyber-attacks are now common across industries.  Just recently, FireEye, one of the top cybersecurity firms in the world today stated that it was hacked by a Nation State.

The work-from-home wave has not helped the state of cyber-insecurity. We largely don’t think of our digital security. And it looks like the government hasn’t really been on top of things as well.

In our first cybersecurity episode, we talked about the recent ransomware attacks crippling city infrastructure and big conglomerates. Today, we talk about what the industry is turning into, and how nation-states are starting to deploy resources to decrease the likelihood of cyber-attacks.
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Even before the COVID-19 Pandemic, the world has been moving towards digitization. We spend almost all our lives on the internet and even the mundane things we interface with like our fridges, coffee makers, cars, and houses can be connected to the network. This marriage between the digital and physical worlds has vastly improved our lives.. But also increasingly poses a security threat.
Cyber attacks are becoming increasingly impactful. Cybercriminals can hold your data and systems hostage, threatening your business continuity.

Just recently, meat processor JBS paid $11 million in ransom to the hacker group,  REvil, as they initiated the cyberattack that shut down JBS packing plants for at least a day!
If you want to take a peek into the cybersecurity industry or simply learn how to defend yourself against malicious hackers, tune in!
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♻️ Eliminating 4 Million Plastic J**s from Landfills!

Laundry routines aren't super fun for any one, but recent studies show how it's downright terrible for the environment. Washers use copious amounts of water. Add to that detergents that can release toxic chemicals that get into the food chain, as well as the transportation costs of lugging around massive plastic j**s of laundry detergent across the supply chain.

This industry seems to be ripe for eco-disruption and Canada based Tru Earth, is one such trailblazer! Today, we speak to Ryan Mckenzie, Co-Founder of Tru Earth, a company that has created the eco-friendly laundry detergent, that's as sensitive on your skin, as it is to the environment!

Their patented detergent strips are a gamechanger, and in their short duration as a company have eliminated almost 4 million plastic j**s from landfills with 94% less transportation pollution as its peers! With an annual revenue of upwards of $30 million, Tru Earth was recently awarded Canada’s 2nd Fastest growing startup! 🚀

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Sweeping infrastructure plans are in plans across the globe. Take Biden's nearly $4 trillion infrastructure package that is aimed at repairing roads, transportation hubs and telecommunication systems.  How do they plan on paying for it?

Taxes!
To finance the proposal, the administration has proposed a partial rollback of some tax breaks signed into law in 2017 by President Donald Trump, pushing tax rates on corporations from 21 percent to 28 percent, and raising rates on individual incomes over $400,000 and capital gains for the next 15 years.Corporate tax hike: Biden would raise the corporate income tax rate to 28%, up from 21%. The rate had been as high as 35% before former President Donald Trump and congressional Republicans cut taxes in 2017.Global minimum tax: A historic proposal would increase the minimum tax on US corporations to 21% and calculate it on a country-by-country basis to deter companies from sheltering profits in international tax havens.The reforms will affect the largest companies in the world with profit margins of at least 10%. But will it work?

Yes! The bill is heavily focused on the pressing issue facing the world: climate change. If signed into law, the plan would rank as one of the largest federal efforts ever to curb emissions & reduce the economic cost of climate change through this bill.

Studies reveal that infrastructure spending does lead to output and productivity growth. Analyses by the Federal Reserve Bank of San Francisco determined that post-war road-building was both a good investment and a boon to growth.
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Infrastructure today cannot meet the needs of the digital economy tomorrow. 5G, driverless cars, Sustainable cities, broadband access to all are some of the breakthrough technologies promised in the coming decades.. But how are these even possible if the underlying foundation i.e infrastructure itself is weak!

Infrastructure has been neglected far too long. The easiest way to get a slowing economy going again is for the government to put people to work!
Investing in roads, bridges, providing access to broadband, improving our electrical grid can go a long way to building a more efficient and sustainable modern society.
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Online search for “inflation” have multiplied over the past few months..

The surge in attention comes during a supply demand mismatch, resulting in computer chip shortages, gas lines,  surging metal prices, & food prices on the way up as well.

Lumber, specifically, has been on a tear,  up 500% since last year!
The price increase in lumber actually leads to a price increase in residential homes, with new single-family homes up a staggering $35K that can be attributed to the rise in the price of lumber!

As prices rise, people look to the federal reserve to curb inflation, but we fear they may have dismissed the dangers of a red-hot economy. 

So what do we do about this. How do we curb this overheating of commodity prices? The crew at THC dives in!
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