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.
VMware | November 25, 2021
VMware announced a partnership with Mitacs, a non-profit organization that connects industry with Canadian academic institutions, and launched its Digital Equity Grid Innovation initiative, also known as TETRA. The initiative, aligned with VMware’s Automated Life vision, aims to advance applied research that will play a critical role in paving a sustainable path for 6G. In addition, the organizations plan to establish a TETRA research & innovation (R&I) center in Montreal, in partnership with the IEEE Future Networks Initiative (FNI), a technical community of IEEE, the world’s largest technical professional organization advancing technology for the benefit of humanity. TETRA and FNI will collaborate on solutions to bridge the digital divide.
The path to 6G requires a fundamental rearchitecting of the Internet to an Open Grid – one that can be accessed from everywhere and brings immersive apps to everyone. This calls for significant advancement of physical and digital systems through broad partnerships and true cross-sector collaboration. Our partnership with Mitacs aims to drive this advancement forward, keeping sustainability and digital equity at the heart of our work.”
Kit Colbert, CTO, VMware
Initial applied research projects will focus in the areas of:
Sustainable Grid: Create a sustainable Open Grid with an international research team to enable access to a global pool of physical, digital, and biological resources to solve the unsolved.
Digital Equity: Address the digital divide with practical and novel solutions, in partnership with IEEE, to connect the unconnected and ensure everyone can reap benefits of the digital society.
Clean Tech: Contribute to a better environment for the planet in accordance with Environmental, Social and Governance (ESG) goals included in the VMware 2030 Agenda.
John Hepburn, CEO of Mitacs, said, “Connecting rural, remote, and Indigenous communities is critical to driving innovation in every part of Canada. Mitacs is thrilled to be collaborating with VMware as part of the Digital Equity Grid Innovation initiative. This initiative will improve connectivity; enable local, national, and international research collaboration; and support the development of an innovation ecosystem that leverages local strengths. We look forward to seeing where this partnership can take us.”
VMware, Mitacs and IEEE FNI also plan to establish an R&I center in Montreal where researchers will develop Open Grid infrastructure that bridges technologies from the satellite, wireless, networks and cloud industries. This infrastructure platform will serve as the application development platform for IEEE Future Networks Initiative’s Connecting the Unconnected Challenge, which seeks novel solutions for universal and affordable internet access. In addition, researchers will be able to test solutions in real-world environments via Open Grid Alliance Innovation Zones and IEEE FNI testbeds.
“Nearly half of the world’s population is still not connected to the Internet, but the Internet is a critical access point to education, economic opportunity, and health information and services. IEEE is excited to leverage our Connecting the Unconnected Challenge program to provide an innovation and a broad talent pipeline to the TETRA pilot project. This partnership provides the perfect framework to focus the expertise of our global member network on this critical humanitarian issue,” said Mary Ward-Callan, Managing Director, Technical Activities, IEEE.
The Honorable François-Philippe Champagne, Minister of Innovation, Science and Industry of Canada, said, “Canada is home to some of the best and brightest minds in emerging areas of technology like automated intelligence, machine learning and spatial computing. Thanks to VMware’s confidence in Canada, this investment will support our great talent and help solve some important challenges facing our society in the decades to come.”
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda.
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XTREME-D | August 28, 2021
XTREME-D announced the launch of a new instance on its baremetal high-speed computing environment. The new instance, named G4 for the company’s fourth-generation model, was developed as an all-in-one solution using AXXE-L One, XTREME-D’s first server product
AXXE-L by XTREME-D is an HPC Environment as a Service, a framework that supports both on-premise and cloud environments and allows users to run all HPC jobs using the same process, regardless of environment. AXXE-L provides all major software stack components required to run HPC/AI jobs and is designed to do everything via a web browser. AXXE-L One is an appliance that comes with AXXE-L pre-installed, providing the key components required to run HPC/AI jobs out-of-the-box.
XTREME-D’s new G4 instance consists of compute nodes equipped with AMD’s newest EPYC 7003 series processor running at 2.0 GHz. The instance supports a maximum of 128 cores and 1 TB main memory per node and features a large-scale, high-speed file system paired with Lustre storage from DataDirect Networks and Isilon storage from Dell Technologies. All nodes are connected using NVIDIA Mellanox InfiniBand at 100 Gbps.
Some compute nodes are equipped with NVIDIA A100 GPUs, and others with V100s in order to support GPGPUs under Virtual Desktop Infrastructure (VDI). The G4 instance is available to all AXXE-L customers who subscribe to XTREME-D’s Shared and Dedicated plans, which offer AXXE-L in combination with XTREME-D’s baremetal high-speed computing environment. Both plans are offered in a subscription model so that users can take advantage of the latest equipment without needing to purchase pricy state-of-the-art hardware.
The new G4 instance is deployed with AXXE-L One, XTREME-D’s first server product, and is built as a baremetal high-speed computing environment consisting of various nodes, including compute nodes (AXXE-L One for Compute), a management server, and storage, along with a high-speed file system. AXXE-L One was developed to provide customers with the best hardware environment for running HPC/AI workloads using AXXE-L, and forms the backbone of XTREME-D’s Shared and Dedicated access plans.
The G4 instance is deployed in a data center operated by XTREME-D’s data center partner MC Digital Realty, Inc., at which the company has built the last three generations of its baremetal high-speed computing environment. With the launch of the G4, XTREME-D and MC Digital Realty will further strengthen their collaboration and promote the latter’s PlatformDIGITAL infrastructure environment. PlatformDIGITAL was launched to meet the needs of all businesses with its ability to respond rapidly to exponential digital change and therefore quickly meet customers’ ever-changing business needs.
“We are very happy that the new G4 instance is up and running. This is the fourth generation of XTREME-D’s computing instance, and it’s clear that XTREME-D, our first colocation customer in Japan, is expanding steadily,” said Futoshi Kimishima, Vice President of Sales at MC Digital Realty, Inc. “In today’s social environment of digital transformation, demand for data centers is expected to increase worldwide. We will continue to strengthen our collaboration with XTREME-D to provide a stable digital infrastructure that supports customers in this social environment.”
“The new G4 instance announced today, deployed on our new server product, AXXE-L One, uses the latest CPUs, interconnects, and file systems,” said Naoki Shibata, Founder and CEO of XTREME-D. “Just like all previous instances, our servers will be installed in MC Digital Realty’s data center, which boasts world-class security and quality, and will provide open access to Digital Realty’s ecosystem of carrier-neutral businesses. We will continue to provide our customers with a high-quality R&D platform while deepening our technical collaboration with PlatformDIGITAL.”
XTREME-D Inc. was established in February 2015 with headquarters in Shinagawa-ku, Tokyo, Japan and offices in San Mateo, California, USA. The award-winning, VC-funded company offers an HPC System Software as a Service framework called AXXE-L by XTREME-D, which supports both on-premise and cloud HPC environments and allows users to run all HPC jobs using the same process, regardless of environment. XTREME-D’s leadership team averages 20 years of experience as HPC cloud architects and technologists.