US company Mattel, maker of such high profile toy products like Barbie and Hot Wheels revealed today that it suffered a ransomware attack that affected some business functions. The company says it recovered from the attack with no significant financial losses.
The incident took place on July 28, according to a small paragraph on page 31 of a 10-Q quarterly form the company filed with the US Securities Exchange Commission.
Mattel said that the ransomware attack was initially successful and resulted in the successful encryption of some of its systems.
For more than a year, ransomware gangs have been stealing data and engaging in a double-extortion scheme, threatening to publicly upload the hacked company’s data unless victims pay their ransom demand.
However, the toymaker said that their forensic investigation concluded that the ransomware group behind the intrusion but here was no exfiltration of “any sensitive business data or retail customer, supplier, consumer, or employee data.”
We all know that ransomware attacks have skyrocketed in the past year and currently represents the biggest threat to the data of government agencies, military, intelligence agencies as well as private enterprises. At BLAKFX, we have 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.
Further, if your firm/government 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 DNA BindingTM capability, restore it to its original state.
Helix22 SDK and BLAKFX Ransomware as a Service (RaaS).
With Helix22 installed, firms can ignore the attack and simply extract the original encrypted data.
Firstly, attackers quite simply cannot exfiltrate any of the data they have tried to hi-jack. The Helix22 encryption protects all data at rest, in use or in transit. Therefore, the threat of a leak does not exist. Secondly, we utilize our patented Ransomware Auditing as a Service (RaaS) platform for auditing, prevention and recovery from Ransomware attacks. Therefore, even if data has been rendered inaccessible, we can retrieve it. Therefore, is is not a data hostage situation either.
With no threat of a leak and the ability to retrieve all the original data, ransomware attacks are defeated.
Ransomware Auditing as a Service (RaaS)
BLAKFX and the Helix22 data security SDK delivers all this security assurance very confidently due to our genius engineering team that has invented a new model for data security that required an innovative look at the problem. The approach we took was to protect the data itself. Almost all other data security products try to build a perimeter or being fanatic on user identification. However, once the product is breached or a password is stolen, your firms data is in the clear.
You see, the Helix22 cryptography is embedded with the data itself through our inventive and patented process of DNA BindingTM. Therefore, even if a breach were to occur the data cannot be exfiltrated. This means that all your firm/nations data is 100% protected regardless of the type of attack. Further, Helix22 protects data at rest, in use and in transit. No other data security can make that claim. Artificial Intelligence and Machine Learning experimentation runs and generates incalculable amounts of data. All is protected at its inception.
We can make this claim as the tech engineers at BLAKFX invented and patented a genuine user2user (U2U) 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.
BLAKFX is Based on Success
Founder – Robert Statica PhD Founder – Kara Coppa Founder – Alex Maslov MS, MBA
Co-Founders of Wickr KatimTM Ultra Secure Smartphone
Our founders, Robert Statica PhD and Kara Coppa, also founded Wickr, which is used by the US military and has never been hacked since its inception in 2012. The Helix22 data security SDK is several generations enhanced since then. Dr. Statica also delivered the encryption for the world’s most secure phone, Katim.
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.
We like to refer to Helix22 as “22nd Century Data Security.”