According to Bloomberg, CNA Financial shelled out $40 million in late March to regain control of its network following a two-week lockout. To put that payout in perspective, the CEO of the Colonial Pipeline told The Wall Street Journal this week his company paid $4.4 million to hackers. That’s a ransomware attack that led to fuel shortages across the US.
“CNA is not commenting on the ransom,” a spokesperson for the company told Bloomberg. “CNA followed all laws, regulations and published guidance, including OFAC’s 2020 ransomware guidance, in its handling of this matter.”
In a statement shared on May 12, CNA Financial said it had “no evidence to indicate that external customers were potentially at risk of infection due to the incident.”
Ransomware attacks have become increasingly common and disruptive in recent years. In April and March, the REvil ransomware gang demanded $50 million from Apple supplier Quanta and Acer.
A primary goal at BLAKFX for 2021 is to put a stop to the impact of ransomware attacks.
BLAKFX has already delivered a solution to eliminate the affects and costs of Ransomware attacks. Our Helix22 SDK combined with the world’s first Ransomware Audit as a Service (RaaS) will eliminate ransomware threats.
Ransomware Auditing as a Service (RaaS): as ransomware attacks have skyrocket, they have come to represent the biggest threat to the data of government agencies, military, intelligence agencies as well as private enterprises. BLAKFX developed the first in the world Ransomware Auditing as a Service (RaaS) platform which allows our cyber security engineers to scan your network and simulate real-world ransomware attacks to determine the test the prevention, detection and mitigation strategies of your organization and establish how resilient your network is to real ransomware attacks. After the scan we provide a comprehensive report and our recommendations for remediation.
If you are the victim of an actual ransomware attack, we are able to recover the data that has been hi-jacked during the attack and due to Helix22’s patented DNA BindingTM cryptography, restore it to its original state.
We can make this restoration claim as the tech engineers at BLAKFX invented and patented a genuine device2device (D2D) encryption. We manage data security transmission through the truly brilliant and also patented universal Helix22 key service. The Helix22 encryption originates on your network or device, not just when the app is opened. This means, that when data arrives to our key server, it is already encrypted so all it needs to do is issue another key. Signal and Telegram cannot claim this level of security. This key will then only work with the intended device, which generates a matching key required to open the data. In this protocol, we are truly a “zero-knowledge” server so your communications and transmissions remain completely top secret. Even in the event that BLAKFX were subpoenaed, we can honor the request by just handing over the encrypted content…as that is literally all we have. Helix22 also only use keys just one-time and then destroys them. This way the data security is future forward prefect. Therefore, in our unique user-to-user encryption (U2U) world, there is no opportunity at all for any data leak.
This same protocol just described, can be the same with all your 3rd party vendors and suppliers. It does not matter in the least what platform they are running or what device they are using or even the type of data, it is all 100% protected. We do however, strongly advise that all firms involved be utilizing Helix22 due to the nature of the data content. Helix22 can ensure that whatever data they are generating is protected as well.
Let’s take it a step further. Even if your organization were a victim of an internal attack or a victim of malicious open source downloads, there is no reason for concern. Any data that has been forwarded, downloaded, copied or saved cannot be exfiltrated. Period. We have the technology industries foremost data packets which are protected with multi-layered, military grade encryption algorithms that have already proven the ability to withstand penetration testing from MI5 and quantum computing attacks.
One final practical genius of DNA BindingTM is in that it is immediately compatible with whichever system or software you are utilizing. Therefore, any organization can forward information to another and then discuss it and there is immediate privacy.
Finally, the Helix22 encryption is quantum computing ready so no need to redo all your data security methodologies in a couple of years when everything else becomes obsolete.
In the BLAKFX data security world, ransomware or any other data centric attack cannot have any affect on your systems or data.
Co-Founders of Wickr KatimTM Ultra Secure Smartphone