This week’s WannaCry ransomware attack achieved unprecedented scale, infecting more than 230k computers across 150 countries. The virus hit car factories, hospitals, and even the U.K.’s National Health Service, with many employees forced to pay a ransom in bitcoin.

WannaCry leverages NSA (National Security Agency) malware that had been leaked just two months prior, illustrating the increased ability for hackers to move quickly on seemingly minimal resources. Further illustrating the point this week, Docusign confirmed that hackers had breached a customer email address database and sent phishing emails to a broad group of users.

The recent events demonstrate a sobering fact – as organizations have become increasingly tech-enabled, the “attack perimeter” for hackers has expanded. As a result, it is much easier for hackers to play offense than it is for organizations to play defense.

The only feasible solution is for innovators to re-think how we communicate and transact more securely. With tools such as blockchain, advanced encryption, two-factor authorization, and cyber-insurance, startups will need to find elegant and low-friction ways for large enterprises to improve their security.

Africa has to evolve its cybersecurity insurance sub-sector to manage the risks associated with digital business. Corporations have to be prepared to use insurance to mitigate risk as technology is proving not to have the capabilities to comprehensibly secure and protect us from cyber-attacks.

Updated: This post has been updated, after a representative of Docusign reached out to Tekedia, to indicate that the breach affected database of customer email addresses only, and not customer database.

This Russian priest is blessing the PCs and servers with Holy Water to avoid them getting WannaCry ransomware. Not really.

The priest is Patriarch Kirill of the Russian Orthodox Church. And while the photo everyone’s sharing on social media is an old picture of the High Priest when he was invited to Russia’s Ministry of Internal Affairs to bless the computer terminals there with holy water to protect them from any sort of problems, it cannot be completely ruled out that the Patriarch may have been summoned to ward off the effects of WannaCry ransomware from critical government computer systems.

We just hope the water doesn’t short any circuits and destroy the computers they’re meant to bless and protect.

In a newsletter post from Y Combinator President, Sam Altman, aspiring founders can get into the seed accelerator by joining YC Software Team. In that case, one can bypass the accelerator application process and still gets all the benefits available to YC funded founders. Also, they can assist founders to relocate to San Francisco.

Read the newsletter below:

Join the YC Software Team

According to the Food and Agriculture Organization of the United Nations, the world population will reach 9.1 billion by 2050, and to feed that number of people, global food production will need to grow by 70%. For Africa, which is projected to be home to about 2 billion people by then, farm productivity must accelerate at a faster rate than the global average to avoid continued mass hunger.

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