As we wrote about on Saturday, the REvil cybercrime gang, which is suspected to be behind the massive ransomware attack on as many as 1,000 companies have reportedly demanded a total of $70 million in ransom.
The Russia-linked group that has been in the crosshairs of the US cybersecurity establishment has demanded the payment in exchange of restoring the data they are holding ransom. The demand was made in a blog posting on a dark web site using a page usually used by the REvil cybercrime gang. REvil was demanding ransoms of up to $5 million but late Sunday it offered in a posting on its dark web site a universal decryptor software key that would unscramble all affected machines in exchange for $70 million in cryptocurrency.
The hack first reported on Friday by Kaseya, was that some 200 companies were targeted by the breach of the VSA software management tool from Kaseya that companies use worldwide.
Supply Chain software providers, expose your organization to cyber attacks.
Beyond human error, the number one cause for data security breaches is through 3rd party vendors and suppliers. Your firm/nation can take all the precautions possible and implement all the top security software and deliver the best training programs, but it is unlikely your suppliers can implement all the same data security protocols (or cannot afford too) so therefore, 3rd parties will always present a weakness.
Secondly, compatibility of software products as we all know is a substantive problem. We have all had to deal with firewalls and network systems that do not facilitate integration of software products. This lack of holistic software solutions is a significant factor moving forward for all firms/nations.
The final major problem is that software updates and patches are not always identified and updated in a timely or rigorous manner. It is not hard to imagine a hack being identified and not addressed or a virus patch being ignored. Also, data security professionals are few. It is unlikely that many 3rd party suppliers have a data security professional on the payroll and are relying on an IT generalist for their protection.
The bottom-line is that any breach within one of your suppliers can have a monumental impact on your operations. For example, a ransomware attack on a part supplier could shut down your entire production line. Or in the advent of a data hack, the loss of Intellectual Property. Or maybe even catastrophic failure in the area of shipping or aviation if a satellite service was breached. The risks and costs associated with the hacks are potentially astronomical.
What we understand better than anyone else is the new era of data security is one that requires new solutions. At BLAKFX, we understand that protection of your data requires that it be protected wherever it is. Whether on the cloud, in transit on a foreign network or on a trusted suppliers system. Data security cannot just be about protecting your own systems. Therefore, we know that the era of perimeter defenses is over as it is proving impossible to keep hackers from breaching the perimeter and accessing data. Also, E2E encryption based on old models of RSA cryptography will be obsolete when quantum computing becomes more widespread.
Helix22 is Quantum Immune – Start Your Integration on our Git
Helix22 delivers perfect security assurance 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 attempt to build a perimeter or being fanatic on user credentials. However, once the product is breached or a password is stolen, even if it is 2FA or encrypted, your firms data is in the clear.
You see, the Helix22 cryptography is embedded with the data itself through our inventive and multi-patented process of DNA BindingTM. Therefore, even if credentials are stolen the data cannot be exfiltrated. This means that all data is 100% protected regardless of the type of attack.
Another substantial advantage of Helix22, is that it protects all data whether at rest, in use or in transit. All communication apps for example, only encrypt data while in transit. Therefore, that encryption become useless for internal IT security or Artificial Intelligence or Machine Learning experimentation. All data generated during these massive computing exercises is equally protected in real time. Plus, the latency period for the Helix22 is exponentially less than any other security product, so it actually contributes to faster processing times.
The Helix22 is easy to install and runs on all platforms, programming languages, networks and devices.
“In Math We Trust”
In this protocol, we are truly a “zero-knowledge” server so your private 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 ever for any data leak.
The Helix22 data security SDK accomplishes the following:
- Protects all your firms data at rest, in use and in transit
- Renders ransomware threats obsolete
- Eliminates human error
- Eliminates all malicious or interior attacks
- Verifies original content i.e. minimizes the threat of impersonation attacks and deep fakes
- Reduces latency
- Installs with 5 lines of code
- Runs on any platform, network, device and in any programming language
- Provides perfect future/forward secrecy
- Delivers “zero-knowledge” encryption
- Compatible with all cloud, 3rd party and vendor services
- Ensures privacy and security for blockchain and all cryptocurrency transactions
- Is quantum ready – so there’s no need to upgrade when the time comes
- Requires no employee training
- Exceeds all gov’t and banking standards
- Meets all international compliance regulations
BLAKFX is Based on Success
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.
Founder – Robert Statica PhD Founder – Kara Coppa Founder – Alex Maslov MS, MBA
Co-Founders of Wickr KatimTM Ultra Secure Smartphone
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.”
Helix22 – Zero Risk