Category Archives: Encryption
Encryption is key to data protection, but not all strategies look alike – Healthcare IT News
Cyber threats against healthcare organizations have been ramping up in the past few years, with highly publicized ransomware attacks leading to weeks-long network shutdowns at some institutions.
Experts warn that the situation may only worsen as bad actors become more sophisticated and as some get a boost from state-sponsored entities.
Anurag Lal, CEO of NetSfere which provides companies with security and message-delivery capabilities caught up with Healthcare IT News to discuss what he sees as the most pressing cyber threat, how organizations can protect themselves and how his experience as director of the U.S. National Broadband Task Force helped shape his perspective on these issues.
Q. Why are healthcare organizations particularly vulnerable to attacks?
A. Healthcare organizations are more at risk for cyber threats for a number of reasons. One, their systems are typically outdated and slower, and less secure as a result. Additionally, the pandemic accelerated the digitization of the healthcare industry, and an estimated 93% of healthcare organizations experienced some sort of data breach over the past two years.
These rushed transformation processes and outdated systems, combined with less centralized workplaces due to remote and hybrid work, create a large amount of risk for attacks.
Another reason healthcare organizations are more vulnerable is because their data is extremely valuable to hackers. Medical records and billing info create a huge target on the back of healthcare systems. Stolen health records may sell [for] up to 10 times more than credit card information on the dark web.
Q. What steps can organizations take to protect themselves?
A. Communicating efficiently and securely to protect patient and company data should remain a top priority as healthcare organizations become more digital. When deploying new communication channels, both internally between employees and with patients and providers, encryption is key.
Not all encryption is the same, though. End-to-end encryption is the gold standard when it comes to safe communications, verifying that messages are protected through every step of the process.
Its also important to educate employees on the dangers of phishing scams, as the majority of security breaches are a result of human error.
Q. On a related note, how can an organization be cognizant of protecting its communications with providers and patients?
A. Similarly to protecting themselves, healthcare organizations can protect their communications with providers and patients by modernizing communication channels and ensuring compliance. Regulations like the Health Insurance Portability and Accountability Act require healthcare organizations to follow specific (and stringent) standards for Protected Health Information, including sensitive patient information like medical histories and test results.
At the end of the day, the patient and their information are the priority and should be protected as such.
Q. What actions should the federal government be taking to address this threat?
A. The government should proactively implement safeguards to protect U.S. institutions from an inevitable cyberattack attempt.
One example is encouraging organizations to require Zero Trust Security and end-to-end-encryption [E2EE]. The idea behind the Zero Trust Security model is to "never trust, always verify"to protect data and intellectual property most securely. All resources are continuously authenticated, verified and authorized.
As I mentioned earlier, with E2EE, data is encrypted on the sender's system or device, and only the intended recipient is able to decrypt and read the message. Ensuring that business communication is locked down in this way applies zero-trust principles to mobile messaging and collaboration.
Q. You were director of the U.S. National Broadband Task Force under the Obama administration. How did that experience help shape your perspective on these issues?
A. During my time working on the Task Force, I saw in real time the very serious threats that exist and saw how cyberattacks affected other governments. For example, [bad actors linked to the] Russian government hacked the Ukrainian power grid, resulting in nationwide outages. Later, [they] installed malware on Ukraines accounting software, causing billions of dollars in damages.
Q. Do you have any predictions for the next few years in the cybersecurity sector?
A. I predict that cyberattacks will become more technologically advanced, so our ability to protect organizations and governments will need to become more advanced alongside them. This is evidenced by skyrocketing cyberattacks with 1,862publicly reported breachesin the U.S. in 2021, up more than 68% from 2020.
Kat Jercich is senior editor of Healthcare IT News.Twitter: @kjercichEmail: kjercich@himss.orgHealthcare IT News is a HIMSS Media publication.
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Encryption is key to data protection, but not all strategies look alike - Healthcare IT News
Skiff lands $10.5M to build out its end-to-end encrypted workspaces – TechCrunch
Six months after launching its end-to-end encrypted document editor, Skiff has bagged another $10.5 million in fresh funding to build out private and collaborative workspaces for its burgeoning customer base.
We wrote about Skiff last year ahead of its launch: Skiff is a web app that has much of the same document-writing and sharing capabilities as Google Docs but is built on a foundation of end-to-end encryption, so Skiff does not have access to users documents like Google does. The startup already has more than 20,000 people using its platform, leaps ahead of the 8,000 waitlisted users it had when we first spoke to the company last May.
But its the end-to-end encryption platform that Skiff relies on that holds the keys to the companys future. Now with $10.5 million in Series A funding in the bank, Skiffs co-founders Andrew Milich and Jason Ginsberg tell TechCrunch that the company is working toward becoming the application layer for the decentralized web.
A core part of the companys efforts have been on decentralization, a process that allows its users to take ownership of their data. Over the past year Skiff has partnered with Protocol Labs to offer decentralized storage, known as IPFS, or the Interplanetary File System, which allows Skiff to encrypt their documents and scatter them across a network of storage hosts, as well as integrating MetaMask, letting users sign in to Skiff using a portable crypto wallet instead of an email address.
The way we look at it is Web 2.0 is really about moving information around and web3 is about moving value around, said Ginsberg, Skiffs CTO, in a call. Data is the most valuable thing on the internet, and our goal is that you really should own your own data.
Ginsberg said the company is focused on growing its product offering, such as communication, and allowing users to share more kinds of data on its platform.
We see hundreds of millions of people choosing privacy products not really meeting the needs of working together remotely, and so thats really where we see Skiff coming in. Theres tons of different products that we could do along those lines. Were most interested right now in exploring products that not just deal with the document side of things, but also the communication side, said Ginsberg.
Milich, the startups chief executive, said the round led by Sequoia as a returning investor will help the company build out those new products that also rely on end-to-end encryption, like communication. Skiff currently has a team of 15 employees dotted across the globe, Milich said. The Series A brings Skiffs total funding to about $14 million.
Skiff is building an amazing team and visionary products to lead this moment, said Konstantine Buhler, a partner at Sequoia. We couldnt be more excited to double down.
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Skiff lands $10.5M to build out its end-to-end encrypted workspaces - TechCrunch
IT professionals wary of government campaign to limit end-to-end encryption – ComputerWeekly.com
IT professionals have spoken out against a government-backed campaign to limit end-to-end encryption, arguing that it will not make the world safer and is likely to cause more harm than good.
In a survey carried out by BCS, The Chartered Institute for IT, 78% of industry professionals said they did not believe restricting the use of end-to-end encryption (E2EE) in messaging would protect users.
The poll of 1,000 IT professionals was launched in response to the UK government-backed No Place to Hide campaign, which warns that further roll-out of end-to-end encryption would make it more difficult to police child sexual abuse.
The Home Office-backed campaign claims that social media sites are willfully blindfolding themselves to child sexual abuse by introducing end-to-end encryption on messaging services.
Meta, the owner of Facebook, has come in for particular criticism over its plans to introduce end-to-end encryption to its Instagram and Facebook messenger services.
End-to-end encryption is already widely available in messaging apps such as Signal, Telegram, Wickr and Metas WhatsApp, which offer varying degrees of security, depending on how they are configured.
A steering group of charities, led by Barnardos, the Lucy Faithful Foundation, the Marie Collins Foundation and SafeToNet, are driving the work. Police forces, including the National Crime Agency (NCA), are also backing the campaign.
Rolling out end-to-end encryption without safety measures in place would be like turning the lights off on the ability to identify child sex abusers online. These plans will mean that social media companies can no longer see the abuse that happens on their platforms, the campaign groups said in January.
BCS director of policy Bill Mitchell said: Whilst we can appreciate the governments aim is to make the internet a safer place, a balance has to be struck when it comes to end-to-end encryption.
Now is not the time to weaken technology that is so fundamentally important to our security. There should be more exploration of the alternatives before we go down the road of rolling back E2EE, especially in this time of war, when secure messaging is a vital tool for truth-telling across the world.
According to the poll, 66% of specialists said restricting end-to-end encryption would have a negative impact on protecting society at large.
Encrypted messaging has since become increasingly important to the people of Ukraine, with a large rise in usage being reported, including by journalists, the BCS said.
Some 70% of IT professionals were not confident it was possible to have both truly secure encryption and the ability to check encrypted messages for criminal material.
Many industry experts said they were worried about the possibility of increased surveillance from governments, police and the technology companies that run the online platforms. Other concerns were around the protection of financial data from hackers if end-to-end encryption was undermined.
There were concerns that wider sharing of secret keys, or centralised management of encryption processes, would significantly increase the risk of compromising the confidentiality they are meant to preserve.
BCSs Mitchell said: Its odd that so much focus has been on a magical backdoor when other investigative tools arent being talked about. Alternatives should be looked at before limiting the basic security that underpins everyones privacy and global free speech.
Government and intelligence officials are advocating, among other ways of monitoring encrypted material, technology known as client-side scanning (CSS) that is capable of analysing text messages on phone handsets and computers before they are sent by the user.
Proposals by Apple to compel iPhone users to accept updates that would automatically and covertly search shared images for possible abuse material and send reports to Apple or law enforcement agencies were condemned by 14 top computer scientists and cryptographers in October last year.
They concluded in a research paper, Bugs in our pockets: The risks of client-side scanning, published by Columbia University, that the plans were unworkable, vulnerable to abuse, and a threat to safety and security, citing more than 15 ways in which states or malicious actors, and even targeted abusers, could turn the technology around to cause harm to others or society.
The No Place to Hide campaign states: We are not opposed to end-to-encryption in principle and fully support the importance of strong user privacy. Instead, our campaign is calling for social media companies to work with us to find a solution that protects privacy, without putting children at even greater risk.
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IT professionals wary of government campaign to limit end-to-end encryption - ComputerWeekly.com
New York City DOE Serves As Reminder on Encryption Trust but Verify – The Daily Hodl
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Eight hundred twenty thousand thats how many NYC students were affected by 2022 hackers whoattacked a vulnerability in the school systems technology infrastructure. The breach occurred in software provided to the school system by Illuminate Education, and it resulted in access to names,birthdays, ethnicities and free-lunch statuses, among other items.
It is possible that the system was targeted with the hope of finding a treasure trove of SSNs or financial information both items that we have been told were not collected. The attack was the result of the company failing to encrypt its platforms.
Chancellor David Banks, while calling for city, state and federal investigations, told The Post,
We are outraged that Illuminate represented to us and schools that legally required, industry standard critical safeguards were in place when they were not.
Perhaps it might make sense to elected officials unfamiliar with cybercrime that a companys assurances in regard to encryption and other cybersecurity measures are sufficient.
However, this attack isnt unique. So many institutions, relying on external technology providers simply take their word for it when it comes to security and it isnt unique to public schools, which may not feel that they are a top-tier target for cybercrimes.
Consider the number of cryptocurrency exchanges and other DeFi marketplaces that have seen exploitations and breaches. Many exchanges and marketplaces are more interested in the business of garnering new customers than keeping user assets safe.
As a consequence, they utilize technology that is no match for the skill set of todays hackers. Many times, though, they arent rich in technological knowledge. Even CTOs are without extensive experience in preventing sophisticated cyberattacks. Often, they outsource their entire security apparatus, relying entirely on the claims of external providers and vendors.
The mistake is not in utilizing outside vendors. In fact, finding a provider that has more significant experience in building the technology infrastructure required for your business is often an excellent idea. The mistake is in trusting a provider without verifying the quality of their work. It isnt enough for a vendor to say that they offer industry-standard encryption services.
Theres nothing more important to a digital asset exchanges long-term success than its ability to keep those assets safe. It is incumbent on the operator of an exchange or in this case, the school district to ensure that they are prudently spending their cybersecurity funds. Any company that collects personal information or financial data has a duty to be a good steward of the trust they have been given.
You may think that school districts and cryptocurrency exchanges have a vastly different set of challenges. In some ways, that is true. Different kinds of hackers target different kinds of entities, utilizing different skill sets. But fundamentally, both must be prepared to deal with bad actors.
In this attack, teachers saw homework completion decrease significantly. And the system was also used to track Covid-19. When the system went down in January, so did their ability to track student exposure. There were real consequences in this failure to protect students. And while the attack wasnt one that saw $600 million in assets disappear as we recently saw in theexploitation of the Ronin sidechain it was one that could have been avoided.
Fundamentally, we as a society must hit the reset button on cybersecurity. We need to throw out the old playbook and develop a new vision for dealing with cutting-edge threats, especially with an ever-expanding cyberwar brewing as a result of the Russia-Ukraine conflict. The urgent need for a paradigm shift has never been greater.
Richard Gardner is the CEO of Modulus. He has been a globally recognized subject matter expert for more than two decades, offering complex insight and analysis on cryptocurrency, cybersecurity, financial technology, surveillance technology, blockchain technologies and general management best practices.
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New York City DOE Serves As Reminder on Encryption Trust but Verify - The Daily Hodl
Apriori Network System’s Innovative Optical Fiber Hack-Proof Solution a Better Value Proposition than Quantum Encryption – Business Wire
BEDMINSTER, N.J.--(BUSINESS WIRE)--During the most recent, annual, international Optical Fiber Communications Conference (OFC 2022) in San Diego, at the expert panel session entitled, Will Quantum Always Remain Basic Research or is it Ready to Power Great Products?, the world-renowned telecommunications expert, Dr. Peter Winzer, stated categorically that Quantum key distribution (QKD) has yet to yield practical products that solve real-world problems.QKD only strives to provide a secure key, typically at kbps to mbps rates, which is unsuitable for todays massive traffic needs. Significantly higher speed physical-layer security systems exist, including Apriori Network Systems method for secure, high-capacity optical data transmission.
There has been a raging debate as to whether QKD will solve the problem of the vulnerability of optical fibers to physical hacking. Despite much research into QKD technology, there remains a lot of skepticism. A United Kingdom National Cyber Security Centre1 (NCSC) white paper referring to QKD, states that it does not endorse its use in government or military applications and the NSA2 asserts QKD, suffers from limitations and implementation challenges that make it impractical for use in National Security System (NSS) operational networks.
The U.S. Governments Committee on National Security Systems3 (CNSS) specified a product that monitors fibers for breaches using more conventional technology.
Gary Weiner, CEO of Apriori, points out that the CNSS4 solutions are designed to detect fiber hacks, but the emphasis is on detection of tampering and not prevention of fiber hacking or dealing with the tapping problem. Mr. Weiner contends, the ability of a person-in-the-middle hacker accessing transmission data to monitor, influence and control critical infrastructure could be devastating financially, security-wise, and even impact lives. The sooner service providers recognize this risk and act on it, the better we will all be."
The Apriori PrivaC fiber links guarantee privacy-asssured transmission service by intrinsically defending itself from eavesdropper attacks over an entire protected fiber span.
About Apriori Network Systems
Apriori Network Systems, as a privately held N.J. company, is positioned to be the world leader in cost-effective, privacy-assuring, efficient, practical prevention of physical hacking of optical fiber communications systems. Aprioris first product, the PrivaC fiber platform, based on a patented solution, is presently in final development and available for demonstrations.
Links
1United Kingdom: https://www.ncsc.gov.uk/whitepaper/quantum-security-technologies
2https://www.apriorinetwork.com/complementary-to-quantum-key-distribution/
2https://www.nsa.gov/Press-Room/News-Highlights/Article/Article/2394053/nsa-cybersecurity-perspectives-on-quantum-key-distribution-and-quantum-cryptogr/
3 CNSS https://en.wikipedia.org/wiki/Committee_on_National_Security_Systems
4 CNSSI https://www.dcsa.mil/Portals/91/documents/ctp/nao/CNSSI_7003_PDS_September_2015.pdf
WhatsApp to introduce end-to-end encryption indicator under call logs – Geo News
Meta-owned WhatsApp is planning to roll out a new feature of end-to-end encryption at the end of the call log in its new update, WABetainfo reported.
The WhatsApp news tracker said that the messenger is working on an end-to-end encryption indicator and is planning to bring the new update through the Google Play Beta Program for the Android version 2.22.8.7.
In the new update, users will see a new footer at the bottom of their call history, indicating that the calls are end-to-end encrypted. This means that no one, neither WhatsApp nor its parent company Meta, can listen to the calls.
WhatsApp wants to remind users that it is a secure place to talk with their friends and family.
The same footer might be introduced at the bottom of the chats list and status updates. However, there is no evidence of that as of yet.
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WhatsApp to introduce end-to-end encryption indicator under call logs - Geo News
Is the XX messenger the future of private communication? – CNBCTV18
While most messaging apps promise end-to-end encryption, they suffer from 2 fundamental flaws.
Firstly, they are usually governed by a central authority and depend on centralized servers. These servers store all the metadata of your conversations and are vulnerable to attacks. Further, the central authority also controls your data, and they can use it as they deem fit.
The second problem is that end-to-end encryption will become obsolete once we enter the age of quantum computing (more on this later).
To address these issues, a new generation of messaging apps has emerged. They are decentralized, quantum-resistant and will effectively future-proof private communication. And at the forefront of these up-and-coming messaging apps is the xx messenger.
The xx network
The xx network is a full-stack platform with a layer one blockchain that is quantum resistant. It is one of the most private communications networks in the world right now. One unique aspect of the network is that its communication layer even obfuscates the metadata of your chats. This provides an added level of security.
Any application or blockchain platform can route its traffic to the xx network for secure and quantum-proofed end-to-end communication.
The crowning jewel of the network is its decentralized messaging application, xx messenger. It embodies all the features that the xx network promises. It is an end-to-end quantum secure messaging application that obfuscates metadata.
Both the xx network and the messenger are the creation of David Chaum, a computer scientist and cryptographer known as the 'godfather of cryptocurrency'. In 1982, way before Satoshi Nakamoto published his now-famous white paper, Chaum published a dissertation titled, "Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups,". This was the first blockchain protocol to exist.
Features of the xx messenger
xx messenger is not just a proof-of-concept utilizing state of the art quantum technology; it is a full-fledged messenger with modern features expected from any top-of-the-line messaging application. It offers popular features such as group chats, audio, and video sharing. It is also very easy to sign up on xx messenger. You do not have to link an existing account, number, or email ID.
Instead, you only have to provide a pseudonym. This makes it free from any form of real-world identification. The application only relies on its underpinning privacy-preserving technology to give users the ultimate privacy communication experience.
The quantum computing problem
We have repeatedly used the phrase quantum protected or quantum proofing, but to really appreciate this feature, we must understand what quantum computing refers to in this context.
Quantum computing applies the principle of quantum physics to the world of computers. Quantum physics relates to understanding problems and physical concepts at atomic and sub-atomic levels. The working of a computer or its smallest unit, a transistor, can also be put in terms of quantum physics.
Today's computers use the binary digits - 0 and 1 - as the most basic levelled instructions. In machine language, 1 refers to a true statement, and 0 refers to a false statement. A combination of these digits can be used to form complex instructions, and that is how all computer instructions are formed.
But due to the concept of 'Quantum superposition', it is possible for a machine to read both digits simultaneously. While quantum computers do not exist now, experts believe that it is only a matter of time before they do. These computers will be extremely powerful and would be able to crack the encryption standards we use today in minutes.
Chaum and his team at xx network have developed a quantum secure consensus algorithm known as xxBFT consensus to circumvent this problem.
The consensus model ensures that the network is protected from quantum computing attacks. The application's message mixing protocol called xx Cmix ensures that encryption cannot be broken and also provides a metadata shredding feature.
A decentralized network
On the other side of privacy is decentralization. It ensures that no organization, third-party or even the xx network itself can access a sender's or recipient's data. The xx messenger is built on top of the decentralized xx network.
The xx network uses a randomly selected pool of nodes on the network to help encrypt messages in sets of 1,000. The nodes continuously shuffle these messages and encrypt them. The nodes have an incentive to participate in the encryption they are rewarded in the blockchain's native currency for their effort in securing the network.
The xx network is also an open-source platform, meaning anyone with the technical know-how can contribute to the network and any application on it, including the xx messenger. The source code of the application is written in the Golang programming language.
The xx messenger aims to fill a gap in the market by providing a decentralized and quantum secure infrastructure that is robust and easy to use. The application is currently available on both IOS and Android Play Store for download.
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Is the XX messenger the future of private communication? - CNBCTV18
WhatsApp Chat Backup: How To Keep WhatsApp Chat Backups Saved Securely on Google Drive – News18
WhatsApp chat backup is a handy feature for Android and iOS users. Anybody can back up their chats on Google Drive or iCloud with their registered account. The feature has been available for a long time, but WhatsApp always said that any chat/message saved on the cloud is not encrypted. The messaging app changed its stance to make the chat backup end-to-end encrypted as well.
So, if you have been wondering how the feature works, and how you can secure your important WhatsApp chat backups and secure them behind encryption, weve got you covered.
Also Read: Apple To Produce Rs 25,000 Crore Worth Of iPhones in India Under PLI Scheme Till FY23: Report
Here is our detailed explainer on how you can enable end-to-end encryption for WhatsApp chat backups on your smartphone.
You can follow these steps on any Android phone with the latest WhatsApp version to secure the chat backups.
1. Open WhatsApp and go to Settings from the top-right three-dot menu, which is right next to the Search icon.
2. Now look for the Chats option on this page and click on it
3. Scroll down to find the Chat backup option and tap on it
4. Right below the green Back up button you will see the End-to-end encryption backup option. WhatsApp seems to have disabled it by default, as the feature says Off in the menu.
5. When clicking on the feature, WhatsApp opens a new screen where it talks about enabling end-to-end encryption for WhatsApp chat backups. It says, No one, not even Google or WhatsApp, will be able to access it. WhatsApp also tells you the current chat backup size on Google Drive, which includes the media files as well.
Click the Turn on button to enable end-to-end encryption for WhatsApp chat backups.
Also Read: WhatsApp Adds Six New Features For Voice Note Messages On Android: All You Need To Know
6. In the next step, WhatsApp wants the person to protect the end-to-end encrypted chat backups using a Password or a 64-digit encryption key. The password can be created using 6 characters and 1 letter. Or you can generate the 64-digit key, save it somewhere, as WhatsApp does not have a copy of it. Press Continue to enable end-to-end encryption for your WhatsApp chat backups.
WhatsApp says you need either of these enabled, which will help you restore the backup.
WATCH VIDEO: Why Smartphones Are Becoming Expensive In India, Explains Xiaomi India COO Muralikrishnan B
WhatsApp gives a stern warning that if you forget the password/key or lose the phone, it cannot help you recover your chat backup.
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WhatsApp Chat Backup: How To Keep WhatsApp Chat Backups Saved Securely on Google Drive - News18
Encryption in the Ukrainian War – InfoQ.com
Encrypted data communications are at the forefront of a war in which Russia is establishing itself as the second most powerful military in Ukraine. The lack of encrypted communications already led to the death of one Russian general and many incidents of intercepted communication.
Although most military communications are designed to be encrypted, investigative reporter Christo Grozev from Bellingcat explains the role of the Era phone and that the infrastructure required to run it was destroyed:
Many citizens in Ukraine are leveraging full end-to-end encrypted communication systems, with Signal as the most popular. Cloudflare published statistics for Ukraine and Russia indicating that Signal has surpassed Telegram for the first time. Although both applications prominently define themselves as encrypted messengers, the role that encryption plays is different:
Signal founder Moxie Marlinspike published a warning to Ukranian internet users that Telegram does not use end-to-end encryption. A main aspect of Marlinspikes objection is the way that leverage can be applied against an encrypted service because it is possible for the service to read messages, the right leverage can eventually yield a result. During a tweet exchange with Elon Musk, Marlinspike provided additional technical information and details of how Signal responds to government demands. The primary difference between these encrypted messengers is key management and the role that whoever has the key has the data.
Anastasiia Voitova, head of customer solutions at Cossack Labs explains the difference of end-to-end encrypted messengers. Cossack Labs provides open source encryption technologies, with research based in London and Kyiv, Ukraine.
Cossack Labs provides several encryption tools deployed across the world that protect data in motion as well as data at rest. When used in applications, each component acts as a data safeguard. The open source Themis library provides a suite of tools that make encrypted communication easier for developers. Instead of making many cryptographic decisions and different APIs, Themis simplifies the decisions about which algorithms to use and how, spread across fourteen different platforms - this interoperability enables teams to coordinate between software skillsets like React, Java, web/JS, Go, Kotlin, Swift, and others.
Cossack Labs also offers Acra, a library for managing data at rest. Designed for distributed applications, Acra provides a way to encrypt/decrypt sensitive data on a client yet still store the data on a centralized system. Using Acra, developers can perform transparent encryption, knowing only as much about the encryption technology as they want to know at a single time. While many cryptographic APIs offer the burden of choice, Acra provides a series of pre-made decisions that result in the correct, properly-secure outcome.
Those looking to assist Ukraine can use the Official NBU Special Account to Raise Funds for Ukraines Armed Forces or Official NBU Fundraising Account for Humanitarian Assistance to Ukrainians Affected by Russias Aggression.
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Encryption in the Ukrainian War - InfoQ.com
Global Cloud Encryption Market Is Estimated To Grow To USD 5.98 Billion With a CAGR Of 25.06% Percent By Forecast 2027 – Digital Journal
The Global Cloud Encryption Market Is Estimated To Grow To USD 5.98 Billion With a CAGR Of 25.06% Percent By 2027.
TheGlobal Cloud Encryption Marketwas worth USD 1.25 billion in 2021 and is expected to grow to USD 5.98 billion by 2027, with a CAGR of 25.06% percent over the forecast period.
Cloud encryption is a service provided by cloud storage providers where the data is encrypted before it is sent to the cloud storage. It is used when sensitive data is stored on cloud storage by applying encryption to the data so that only authorized users can access it. The data cannot be accessed if it is lost or stolen Because there is no encryption key.
Global Cloud Encryption Market Scope and Dynamics:
A key factor driving the Global Cloud Encryption Market is the increasing usage of software and services by sectors such as defense, healthcare, and many others in developed countries. The rising complexity of IT systems, expanding awareness and regulatory requirements related to data security, and adoption of cloud encryption security by the telecom, banking, and IT industries are Other factors expected to support the growth of theGlobal Cloud Encryption Market during the forecast period.
The high cost of cloud storage by providers in developing countries is likely to hamper the Global Cloud Encryption Markets growth. Another factor that is expected to restrict the global Global Cloud Encryption Markets growth during the forecast period is the difficulty of sharing cloud encrypted data on mobile or other device platforms.
Technological improvements such as automated breach detection and deep analysis are expected to give new possibilities to market players operating in the Global Cloud Encryption Market over the forecast period.
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Global Cloud Encryption Market Insights:
The North American market is a dominating player in the Global Cloud Encryption Market, accounting for the biggest market share in terms of revenue as compared to other regions. This is owing to rising demand from well-developed industry sectors including healthcare, information technology, retail, government, and banking, among others.
The market in Europe contributes the second biggest revenue share to the Global Cloud Encryption Market, followed by the markets in the Asia Pacific, Latin America, the Middle East, and Africa owing to increased IT infrastructure development and increased complexity of IT systems in growing economies in this region. The Global Cloud Encryption Market in the Asia Pacific region is expected to grow at the quickest rate in terms of revenue.
Cloud EncryptionMarket Segmentation:
By Organization Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By Component:
Solution Service
Professional ServiceSupport and MaintenanceTraining and EducationPlanning and Consulting
Managed Service
By Service Model:
Infrastructure-as-a-ServiceSoftware-as-a-ServicePlatform-as-a-Service
By Vertical:
Banking, Financial Services, and Insurance (BFSI)HealthcareGovernment and Public UtilitiesTelecom and ITRetailAerospace and DefenseOthers
By Region:
North AmericaEuropeAsia PacificSouth AmericaMiddle East and Africa
To Get A Detailed Report Summary and Research Scope of Global Cloud Encryption Market Click here:@https://www.maximizemarketresearch.com/market-report/global-cloud-encryption-market/57907/
Key Players in Global Cloud Encryption Market:
Thales e-SecurityGemalto N.V.Sophos Group plcSymantec CorporationSkyhigh NetworksNetskope Inc.CipherCloudRandtronicsStormshieldHyTrust, Inc.StratoKeySecomba GmbHDellHewlett Packard Enterprise Development LPIBM CorporationTrend Micro IncorporatedCisco Systems, Inc.Protegrity USA, Inc.Vaultive, Inc.DataLocker Inc.Parablu Inc.Hitachi Solutions, Ltd.PerfectCloud Corp.TresoritBitglass, Inc.SpaminaTWD Industries AG
About Maximize Market Research:
Maximize market research is a global market research firm with a dedicated team of specialists. Maximize Market Research has carried out extensive research about the Global Cloud Encryption Market. Maximize Market Research has a strong unified team of industry professionals and analysts across sectors to guarantee that the whole Industry ecosystem is considered, taking into account all current developments, newest trends, and futuristic the technology influence of distinctively specific industries. The companys technique is specifically customized and in accordance with the agreed-upon scope and purpose of the study.
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Global Cloud Encryption Market Is Estimated To Grow To USD 5.98 Billion With a CAGR Of 25.06% Percent By Forecast 2027 - Digital Journal