Tag Archive for: Tackles

Data resilience in the age of ransomware: Elastio tackles complex cyber threats

/in


Cyber threats have become extremely prevalent today and are growing increasingly complex. Ransomware is now a household word and is no longer something that organizations can ignore.

Enter startup Elastio Software Inc., which was founded by the team behind AppAssure, a backup and recovery software application that was acquired by Dell Software Group in 2012. What AppAssure did very well was figure out how to recover from corrupted data, according to Najaf Husain (pictured), founder and chief executive officer of Elastio.

“In those days, it was Exchange, Microsoft SQL. You remember those days, when Exchange went down, I mean, the company was done. You couldn’t communicate,” he said. “That was a big problem. So, we did so well there, as we were able to understand the data and if it was clean or not. And we could do that early and often so the customer can understand if they were vulnerable or not.”

Husain spoke with theCUBE industry analyst Lisa Martin, during a CUBE Conversation ahead of the “Cybersecurity” AWS Startup Showcase event on September 14, an exclusive broadcast on theCUBE, SiliconANGLE Media’s livestreaming studio. They discussed the Elastio platform and the importance of a data resilience strategy. (* Disclosure below.)

Running after the issue

Circa 2020, when Elastio was founded, the company shifted its focus to cyber, given the fact that cyber threats are so prevalent now. The company spent a lot of time focused on the cloud, and everything it does is cloud-native, according to Husain.

“We really drilled inside of these cyber threats to understand how they can corrupt the data. We spent three years kind of reverse engineering all the known ransomware out there, 1,800-plus of them, created some very interesting machine learning engines, some data integrity scanning engines to go solve that problem,” Husain said. “We founded in 2020 to go run after that issue.”

Today, there are two components to the Elastio platform: protecting data and making it immutable, plus making sure it is scanned, clean and recoverable. In June, the company announced an oversubscribed $18 million Series A investment led by Venture Guides, with participation…

Source…

Catawiki Tackles E-commerce Security Threats, Malicious Bots

/in


More than half of cyberattacks on e-commerce websites in 2021 were carried out by bots, according to a report by security firm Imperva. Many of the bots displayed a high level of sophistication, effectively mimicking human behavior to evade detection methods.

While e-commerce security threats are a problem for a wide variety of online retailers, the most vulnerable among them are online auction sites — especially those that deal in high-end goods and services. Auction sites must continually evolve their security capabilities or else potentially fall victim to credential stuffing, data scraping, shill bidding and account takeovers.

Catawiki, a curated marketplace in Europe for luxury goods and specialty items, considers itself an attractive target for attackers because of its growth. The site has more than 10 million unique monthly visitors and more than 12,000 objects submitted to the site daily.

“We often have threat actors looking to take over valid user accounts so they can use them to buy things with the card on file or with a stolen card,” said Paul Moreno, CTO at Catawiki. “It’s something everybody in our business has to deal with.”

E-commerce security threats had previously overwhelmed Catawiki’s capabilities. The company’s security posture had declined over time due to a combination of technical debt and lack of vision. The result was an increase in brute force attacks and stolen credentials.

Moreno joined Catawiki in February 2020 to shore up the company’s security program. The impact of the cyber attacks was unacceptable, Moreno said. Breaches could result in fines for regulatory violations, potential lawsuits from consumers who experienced financial damage, and financial harm to Catawiki as a company. For example, an attack on Catawiki’s mobile app could lead to a spike in SMS verifications, each of which costs the company money, he said.

And then there was the potential damage to customer and employee confidence, which is priceless. “We want to maintain the image of a trusted platform, so it was extremely important to us to stop these attacks from happening,” Moreno said.

Retooling…

Source…

Forget homelessness, Sarasota charity tackles Arizona voter fraud

/in


Wearing a cutout of Donald Trump's face, Jeff LeBaron of Bradenton attends a rally for former President Donald Trump at the Sarasota Fairgrounds on July 3, 2021. DANIEL WAGNER / HERALD-TRIBUNE

Yeah, yeah, so the world has a few problems. Like the virus, earthquakes and terrorists overtaking countries. Big deal. You want a problem? Try losing an election you won. Now that’s a problem. Show a little compassion, will you?

Forget helping the homeless and hungry, thank goodness a charity exists with its priorities straight. One like the America Project, based right here in Sarasota, of course, and in the true spirit of spreading benevolence throughout humanity, its desire is to have the 2020 election overturned and Donald Trump restored to the presidency.

The America Project, registered in Florida as a charity, has given $3.25 million to Cyber Ninjas, the controversial Sarasota computer security company conducting an audit of 2.1 million ballots in Maricopa County, Az.

Patrick Byrne, the former CEO of Overstock.com and one of the America Project’s founders, said during an internet interview on something called The Daily 302 that he thinks results of the Ninjas’ meticulous work on behalf of the nation will be revealed this week. Fraud will be found, he predicts, and enough that 13 to 20 other states will conduct recounts as well.

Wearing a cutout of Donald Trump's face, Marc DiMaggio of Punta Gorda attends a rally for former President Donald Trump at the Sarasota Fairgrounds on July 3. DANIEL WAGNER / HERALD-TRIBUNE

The America Project registered as a charity with the state of Florida on June 18, and nowhere in its mission declaration does it mention donations go toward funding an audit in Arizona, which may be a violation of Florida statute depending on interpretation.

The charity lists 8388 S. Tamiami Trail as its address, which is a UPS store in Sarasota. Cyber Ninjas, which is being investigated by top Democrats on the House Oversight Committee, lists a UPS store on Fruitville Road.

Source…