Exidio | October 01, 2020
Launching as a decentralized Virtual Private Network (dVPN) solutions provider, Exidio creates custom open source applications built on a peer-to-peer bandwidth network and the Sentinel dVPN Protocol, where Exidio is a core contributor. The VPN industry is broken. Many VPN applications are controlled by a small handful of companies acting as a quasi-VPN cartel. Many of the top VPN providers have been hacked or subject to data breaches while claiming the opposite. Furthermore, competing in the VPN industry is incredibly challenging. There are high barriers to entry including large costs to set up and maintain global servers, significant legal liability, and the challenge of developing secure, user-friendly applications.
Venafi | December 27, 2021
Venafi, the inventor and leading provider of machine identity management, announced the findings of a global survey of more than 1,500 IT security decision makers that reveals that almost two-thirds (60%) of security almost two-thirds (60%) believe ransomware threats should be prioritized at the same level as terrorism. These opinions echo the U.S. Department of Justice, which raised the threat level of ransomware following the Colonial Pipeline attack earlier this year. The study also found that less than one-third of respondents have implemented basic security controls that break the ransomware kill chain.
Other key findings include:
Over two thirds (67%) of respondents from organizations with more than 500 employees experienced a ransomware attack over the last 12 months—a figure that rises to 80% for respondents from organizations with 3,000-4,999 employees.
Over a third (37%) of respondents would pay the ransom but more than half of these (57%) would reverse that decision if they had to publicly report the payment, as required by the Ransomware Disclosure Act, a U.S. Senate bill that would require companies to report ransomware payments within 48 hours.
Despite the rising number of ransomware attacks, more than three-quarters (77%) say they are confident the tools they have in place will protect them from ransomware attacks. Australian IT decision makers have the most confidence in their tools (88%), compared with 71% in the U.S. and 70% in Germany.
Twenty two percent believe paying a ransom to be “morally wrong.”
Seventeen percent of those breached admitted they paid the ransom, with U.S. respondents paying most often (25%) and Australian companies paying least often (9%).
The fact that most IT security professionals consider terrorism and ransomware to be comparable threats tells you everything you need to know; these attacks are indiscriminate, debilitating and embarrassing. Unfortunately, our research shows that while most organizations are extremely concerned about ransomware, they also have a false sense of security about their ability to prevent these devastating attacks. Too many organizations say they rely on traditional security controls like VPNs and vulnerability scanning instead of modern security controls, like code signing that are built-in to security and development processes.”
Kevin Bocek, Vice President ecosystem and threat intelligence at Venafi
The study shows that most organizations are not using security controls that break the ransomware kill chain early in the attack cycle. Many ransomware attacks start with phishing emails that include a malicious attachment—but just 21% restrict the execution of all macros within Microsoft Office documents. Less than a fifth (18%) of companies restrict the use of PowerShell using group policy, and only 28% require all software to be digitally signed by their organization before employees are allowed to execute it.
About the research
Conducted by Sapio Research, Venafi’s survey evacuated the opinions of 1,506 IT security officers across the U.K., Australia, France, Germany, Benelux and the U.S.
Venafi is the cybersecurity market leader in machine identity management, securing machine-to-machine connections and communications. Venafi protects machine identity types by orchestrating cryptographic keys and digital certificates for SSL/TLS, SSH, code signing, mobile and IoT. Venafi provides global visibility of machine identities and the risks associated with them for the extended enterprise—on premises, mobile, virtual, cloud and IoT—at machine speed and scale. Venafi puts this intelligence into action with automated remediation that reduces the security and availability risks connected with weak or compromised machine identities while safeguarding the flow of information to trusted machines and preventing communication with machines that are not trusted.
With over 30 patents, Venafi delivers innovative solutions for the world's most demanding, security-conscious Global 5000 organizations and government agencies, including the top five U.S. health insurers; the top five U.S. airlines; the top four credit card issuers; three out of the top four accounting and consulting firms; four of the top five U.S. retailers; and the top four banks in each of the following countries: the U.S., the U.K., Australia and South Africa.
ThinkOn Inc. | November 08, 2021
ThinkOn Inc., a Canadian-owned and operated company, was recently named the first VMware Sovereign Cloud initiative partner in Canada. VMware unveiled its Sovereign Cloud initiative and corresponding global partners at VMworld 2021, the premier cloud computing and digital infrastructure event. The VMware Sovereign Cloud initiative helps customers engage with trusted national cloud service providers to meet geo-specific requirements around data sovereignty and jurisdictional control, access and integrity, security and compliance, independence and mobility, analytics, and innovation.
“We’re thrilled to partner with VMware to offer a superior in-country experience to any organization in any industry that recognizes the importance of issues such as sovereignty and privacy,” says Craig McLellan, Founder and CEO, ThinkOn. “We’re looking forward to collaborating with VMware in Canada in ways that we haven't been able to do before.”
ThinkOn was selected as part of a small group of in-country leaders worldwide to be part of the VMware Sovereign Cloud initiative. The ThinkOn team understands that data and operational supply chain sovereignty is a concern for all Canadians and is essential to the Canadian Federal Government and to the broader public and private sectors. In addition to government agencies, a growing number of private enterprises across all industries are choosing sovereign cloud for their data storage requirements to ensure stringent compliance obligations are met. As the only Canadian cloud service provider certified by the Government of Canada, ThinkOn’s VMware-powered services provide a digital marketplace of enterprise-ready cloud infrastructure and data management solutions that enable complete sovereignty and privacy for Canadian data. ThinkOn is proudly Canadian, and, as such, its services align with Canadian privacy-, security-, and data sovereignty-related interests.
“The sovereign cloud is a vital need for the digital economy and protection of data. The new VMware Sovereign Cloud initiative recognizes VMware Cloud Providers that deliver cloud services on sovereign digital infrastructure and helps to connect organizations with highly sensitive data to these providers. ThinkOn has repeatedly demonstrated leadership in Canadian cloud security standards when it comes to data sovereignty, integrity, compliance, and mobility and we are delighted the organization is an initial member of the VMware Sovereign Cloud initiative.”
Claude Reeves, Vice President and Country Manager, VMware Canada
This announcement is good news for ThinkOn’s partners as well. ThinkOn’s go-to-market model continues to be white label, allowing partners to layer on their own managed services and features while retaining full account ownership and control. They can be confident knowing that the solution being delivered is designed from the ground up to exceed the requirements of public and private sector organizations and that complete supply chain control, aligned to sovereign interests, is enabled.
“ThinkOn is extremely proud to be added to the prestigious VMware Sovereign Cloud initiative,” says Greg Chappell, Vice President of Sales, ThinkOn. “Our participation enables us to further highlight our strengths and the broad capabilities of our go-to-market channel partners. In the wake of the pandemic and the broad-based adoption of digital services by businesses and consumers, there is a critical need to provide accessible digital services across North America. Being designated a VMware Sovereign Cloud partner demonstrates our commitment to VMware, our channel partners, our subscribers, and a safer cloud experience.”
ThinkOn is a full-stack service provider committed to the family of VMware products, including VMware Tanzu, which helps users modernize applications and infrastructure to deliver better software to production, continuously. To ThinkOn, VMware is more than just infrastructure-as-a-service, and ThinkOn is committed to moving up the stack to deliver VMware-powered solutions for Canadian customers in the most secure way possible.
About ThinkOn Inc.
ThinkOn Inc. is a cloud service provider dedicated to solving complex data problems with its portfolio of turnkey Infrastructure-as-a-Service solutions. ThinkOn’s channel-only distribution empowers over 150 value-add resellers and managed service providers to service the data needs of more than 1800+ businesses in commercial enterprise and public sectors across North America, the United Kingdom, and Australia. ThinkOn Cloud Services are engineered for high availability and scalability to securely host, manage, and store all types of data workloads with industry-leading technology platforms.