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What Are The Risks Of Cloud Storage? – Geek Vibes Nation

Cloud storage is safe as long as you use a secure network. However, thats not the case for everyone because there are some dangers associated with cloud storage.

Cloud storage has a handful of risks, such as data security and privacy due to leaks or hacks, outages and lack of control over your data. Various risks are influenced by the sensitivity of data stored in the cloud and measures taken by a cloud service provider to protect data.

Todays post identifies the possible threats and vulnerabilities that businesses face when transferring applications or data to the cloud.

Security of Data

In some scenarios, unauthorized third parties may access sensitive or private data.

People are frequently duped by cloud services that offer hundreds of gigabytes of free storage. Then their data inexplicably vanishes from the service, or they start getting inundated with suspicious/spam emails.

Nonetheless, you are wrong if you think scam websites or emails are the only ones that have user privacy problems. Cloud storage is offered by large organizations such as Microsoft and Google.

Large firms like Google and Microsoft are notorious for the volume of data they collect from consumers using their cloud services. This puts you in danger of accessing your data by unauthorized third parties.

Less Control of Your Data

When storage is moved to the cloud, businesses and individuals lose some sight and control over their data as it is stored elsewhere in an offsite setup.

When leveraging external cloud services, the CSP assumes responsibility for some of your data and may decide what to or not to expose. This could adversely affect your organization, such as loss of revenue, mistrust from your clients or missed opportunities.

Unreliable Cloud Service Providers

Cloud service providers may have poor infrastructure leading to a lack of security, database failure, timeout and overflow. Some CSPs dont have strategies to prevent data loss.

It may be inconvenient or impossible for a client to personally check that the vendor is following the contracts terms, forcing the customer to rely on third-party audits, including certifications, rather than simply trusting the vendor.

Here are important factors customers should consider:

Moving Data is Difficult

Unreliable CSPs are very common. Its tough to move data to another cloud storage provider once youve signed up and started using one.

Vendor lock-in is a term used to describe this occurrence. This is a significant issue that affect medium-to-large enterprises that store large volumes of data with a single cloud provider.

If you have issues with that service, switching to another provider may be difficult due to the sheer volume of data and the associated difficulties.

Data Loss

Other than malicious hacks, data saved in the cloud can also be lost or forgotten. The hosting company can permanently lose customer data if they inadvertently deletes data or a physical disaster, such as a fire or earthquake.

Additionally, a cloud storage user may lose their data if a client encrypts it before transferring it to the cloud but forgets the encryption key. This risk can be mitigated by having backup storage for your data, such as SAN, NAS or DAS.

Final Thoughts on Cloud Storage

If cloud storage is fault-tolerant, it can be more efficient and reliable. It is difficult, however, to create a cloud that is fault-free.

It is important to always analyze the risk of using cloud services to protect confidential information and avoid them at all costs with alternative storage options.

Caroline is doing her graduation in IT from the University of South California but keens to work as a freelance blogger. She loves to write on the latest information about IoT, technology, and business. She has innovative ideas and shares her experience with her readers.

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From 16 days to 16 minutes, HYCU Simplifies Ransomware Protection and Recovery Across On-Premises and Public Cloud Environments Through New Protg…

New Workload Support, Federal Gov Cloud, Security and Assessment Certification Program Designed to Eliminate Insidious Nature of Growing Cybersecurity Threats Crippling Midsize Enterprises

Boston, Massachusetts, April 26, 2022 (GLOBE NEWSWIRE) -- HYCU, Inc., a pioneering enterprise SaaS company specializing in on-premises and public cloud data backup and recovery as a service, today announced significant enhancements to HYCU Protg designed to counter the rise of ransomware attacks facing organizations across both on-premises and public cloud environments. With ransomware preparedness, requirements for WORM-enabled and immutable storage along with enhanced data protection for greater availability and recoverability, the latest enhancements to HYCU Protg are designed to provide an as a service foundation for data migration, protection and recovery, today and well into the future.

HYCU Protg was introduced at ITPT 31 in June 2019. Since launching, the solution has been recognized as an honorable mention in the Gartner Magic Quadrant for Data Center Backup and Recovery Solutions, published July 2020, along with several other industry accolades. HYCU Protg is the industrys only application-aware, light weight cross-cloud migration and DR solution for enterprise applications and workloads and delivers application consistency, protected migration, 1-click DR and consolidated management across clouds.

Highlights of the latest enhancements to HYCU Protg include:

Additional data protection for Dell EMC PowerScale OneFS: HYCU now supports native Isilon REST APIs, including the snapshot-change-list API, for efficient and fast incremental backups. HYCU customers can now easily scale across Isilon clusters with minimalist deployment, improving overall backup SLAs and Recovery Point Objectives (RPOs). Support extends from direct backups to on-prem or cloud-based object storage with no performance penalty.

Enhanced protection for public cloud: As security and compliance become more mainstream in the shared responsibility model with public cloud providers, HYCU now supports direct backups and archives to WORM-enabled object storage on Azure (Blob) and Google Cloud (Google Cloud Storage GCS). This builds on existing support of performing backups to AWS S3 WORM enabled object storage and eliminates the probability of a backup being impacted. This also allows for quicker recovery on a remote site/cloud from an offsite copy.

Simplified security credential management: Building on industry-leading support for Multi-factor Authentication (MFA), network segmentation, in transit encryption, black-box architecture and multitenancy, HYCU customers can now centralize, simplify, and secure their application and system credentials in CyberArk Conjur Credential Store, an external Credential store, both for organization users and also for tenants.

Advanced security and compliance for GovCloud use: To leverage solutions in Gov Cloud, HYCU customers need to deploy and manage themselves or have a Fed Ramped SaaS offering. As there are no Fed Ramped SaaS offerings available today, HYCU now provides a single-click migration for OnPrem workloads onto Azure Gov Cloud for a seamless, application consistent lift and shift up experience. This builds on support of Azure Gov Cloud Blob to store HYCU backups.

Story continues

The statistics are staggering. A ransomware attack occurs every 11 seconds. On average, it takes 16 days to recover from a ransomware attack. The estimated cost of ransomware attacks exceeds $50 billion since 2018. And, this is just the data from attacks that have been reported, said Simon Taylor, Founder and CEO, HYCU Inc. At HYCU, we have focused our effort on supporting customers and partners to keep the lifeblood of their organizations, data and applications, protected, safe, secure and recoverable in the event of human error or malicious actor attack. With these latest updates to HYCU Protg and extended support for our Federal customers with GovCloud, we are keeping our commitment to provide the right solution to address not only todays rising needs but those of future needs as well. These updates are also the culmination of work around R-Score, the public service initiative we created to help identify what needs to be done in order to be best prepared to recover in the event of a ransomware attack, along with tight collaboration from our engineering team and key customers and partners. I could not be more proud of the results of these efforts.

In addition, with the introduction of the CRN 5-Star PACE (Partners Accelerating Cloud Environments) Global Partner Program, HYCU laid the foundation for new ransomware assessment and recovery services for partners (see related news HYCU Ransomware Services and Certification Program Now Available to MSPs, MSSPs and CSPs Through Global Partner Program PACE).

HYCUs growth has been extremely impressive over the past three years, said Philippe Nicolas, Founder and Principal, Coldago Research. When you factor in tangible results from the approach they take with ransomware recovery, and the advancements they continue to make, it is no surprise to hear that customers have been able to recover from a ransomware attack from 16 days to 16 minutes. Todays announcements only illustrate the impact that HYCU is making with customers and partners to better manage, protect and recover mission critical workloads across on-premises to the public cloud. Bravo Simon and the HYCU team.

To learn more about the latest enhancements to HYCU Protg, visit our blog. For more information on HYCU and how the company delivers solutions to protect and recover from ransomware, visit: https://www.hycu.com/, or follow @hycuinc and connect with HYCU on LinkedIn.

###

About HYCU

HYCU is the fastest-growing leader in the multi-cloud backup and recovery as a service industry. By bringing true SaaS-based data backup to both on-premises and cloud-native environments, the company provides unparalleled data protection, migration and disaster recovery to more than 3,100 companies worldwide. HYCUs award-winning, purpose-built solutions eliminate the complexity, risk and high cost of legacy-based solutions, providing data protection simplicity in a hyper-connected, multi-cloud world. Customers experience frictionless, cost-effective data backup and recovery, no matter where their data resides. Based in Boston, Mass., the company employs 300 people across the globe. Learn more at http://www.hycu.com.

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Realtimecampaign.com Promotes the Advantages of Cloud Protection – Digital Journal

Many companies set up business services that connect workers via virtual or on-site offices. The designs require file and data storage that is accessible to all workers. Cloud services and storage options are efficient and convenient for organizations. Cloud protection is essential for all businesses that use cloud-based services or storage.

Improved Availability of Cloud Services

Security schemes improve the availability of cloud services to businesses and their workers. User accounts are available for all workers. The administrator applies permissions to each account according to the employees security clearance and role in the organization. Advanced security blocks security breaches and attacks to help users access cloud services. Availability of cloud services is of the utmost importance to companies that operate via a network, according to realtimecampaign.com.

Enhanced Data Security

Cloud services provide storage for company files and data. The internet-based storage allows workers to access files and data via their user accounts. No one who doesnt have clearance is permitted to access, view, or alter the data. Data security is critical for all network and data systems. Cloud services require the same security schemes to protect the data that protect the network. According to, Cybersecurity Mesh: ITs Answer to Cloud Security, the security schemes must meet all IT standards and current regulations.

Advanced Threat Detection

Cloud storage and services must have threat detection to stop cyber attacks. Businesses must monitor the data system to prevent unauthorized access to the information. Customer data must be protected effectively. Federal regulations and IT standards enforce strict penalties if a customer incurs a financial loss after a breach. Internet-based services and storage require data encryption. Businesses owners click here for info about cloud services and threat detection.

Compliance with Standards and Federal Regulations

Businesses choose cloud-based services to get IT support and off-site administration services. The vendor that provides the services applies all current IT standards to the business services. Administrators monitor the services and create a log of all unauthorized attempts to access or use the business services. Vendors such as Radware offer guidance about cloud services and features. The service providers can clarify what IT standards or regulations apply to cloud-based designs.

Authorization and Authentication for All Users

Each time a worker signs into the service a new entry appears in the softwares log. Administrators assess any entries that come from unauthorized parties, and off-site workers review these entries and follow measures to stop future attempts. The information may provide an IP address for the user, and the administrators block the connection.

These efforts are used for cloud services to protect the data and stop unauthorized use of the services. The administrators connect remote workers to the cloud services. The services are available through an internet connection, and remote workers need safer ways to use the service.

Cloud services are efficient and easy-to-use business services. Workers connect to the services via a user account. Administrators set up user accounts based on security clearances. All services must have cloud protection and robust security schemes. To find out more about cloud protection, contact a vendor now!

Media ContactCompany Name: Realtimecampaign.comContact Person: Media RelationsEmail: Send EmailPhone: 407-875-1833Country: United StatesWebsite: Realtimecampaign.com

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Internxt is valued at 40 million and plans to become the Spanish Web3 Google Drive – Novobrief

Internxt is an open-source, blockchain-based cloud storage service advocating for user privacy rights. This Valencia-based Web3 startup provides safe, secure, and GDPR-compliant digital storage designed to compete with those currently provided by Google, Microsoft, and Amazon.

During 2021 alone, Internxts revenue and user base grew by more than 1000%. The Valencian startup aims to consolidate similar growth figures this year: it has already generated more revenue in Q1 2022 alone than during the whole of 2021. Internxt plans to generate a total of 4 million in revenuein 2022 with an impressive 90% gross margin.

The Web3 startup has recently been valued at 40 million after securing equity investment from Balaji Srinivasan, former CTO of Coinbase and former general partner at Andreessen Horowitz (a16z), and Wayra, the innovation hub from Spanish Telecom giant Telefonica (Europes biggest Telecom company and the 5th biggest in the world).

Srinivasan is no stranger to tech startups. And no wonder he is investing in a Web3 cloud storage provider like Internxt. He is the co-founder of Earn.com (acquired by Coinbase), Counsyl (acquired by Myriad), Teleport (acquired by Topia), and Coin Center. He held the position of General Partner at Andreessen Horowitz and served as the CTO of Coinbase until 2019 before moving on to become one of the most prominent angel investors in tech and Web3.

Internxt now counts with shareholders as relevant as Juan Roig, Telefonica, Balaji Srinivasan, TheVentureCity, ESADE BAN, and Internxts founder, Fran Villalba Segarra. The startup team is formed by former talent from companies like CERN, ProtonMail, NordVPN, and CoverWallet, among others.

Web3 applications are becoming progressively more valued and publicly accessible over the last few years. In that sense, users are realizing the lack of personal data security afforded by current services. As such, projects like Brave, Signal, DuckDuckGo, and Ethereum are gaining popularity and support. Internxt is also part of that cohort. All of its services are designed for Web3, harnessing blockchain and end-to-end encryption to safeguard user privacy.

Millions of users are now switching to services built on technologies that enhance user privacy and data sovereignty. That is why the future ahead is incredibly promising, both for Internxt and the potential of Web3.

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Internxt is valued at 40 million and plans to become the Spanish Web3 Google Drive - Novobrief

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Why You Need To Start Saving All Your Important Memories, Documents, Pictures And Videos To The Cloud Right Now – Africa.com

Our mobile devices have become our portal to the digital world. Whether its taking photographs with friends and family, recording videos of what will become treasured memories, or simply writing down important thoughts, everything is saved on our trusty sidekicks. But have you considered what would happen to these digital stories if your device were to get lost?

This is where a service likeHUAWEI Mobile Cloudbecomes a life saver. Simply put, the cloud is here to stay and it is an invaluable resource in helping you protect your most cherished memories. Using this freely available app, you can store everything in the cloud and keep your treasured photos, videos, documents and other files safe. Not only is this a safeguard against loss, but it also makes importing data to a new device as easy as logging into the HUAWEI Mobile Cloud storage service.

Even better, when using HUAWEI Mobile Cloud, you can automatically synchronise your content across all your devices. By using your HUAWEI ID on your smartphone, tablet, or PC, you instantly gain access to everything, anytime, anywhere.

Of course, cloud storage extends beyond just your digital memories. With HUAWEI Mobile Cloud, you can easily back up third-party app data. This means the data from all your favourite apps are saved in the cloud as well. Whether it is your CV, confidential documents or social media logins the list is virtually endless to ensure that all of these documents are uploaded for fast retrieval whenever and wherever.

Huawei is even throwing in 5G of cloud storage for free. You heard right! You get enough space for the equivalent of 2500 high-definition photographs or 50000 documents just by downloading the HUAWEI Mobile app and creating a HUAWEI ID.

HUAWEI Mobile Cloud also has a very handy location tracking feature, so you can quickly locate your devices by just logging into the HUAWEI Mobile Cloud app. You can activate your ringtone to find your phone in the house or even erase all the data on your mobile remotely if it should ever fall into the wrong hands.

If you need more convincing, Huawei is currently running two exciting campaigns around the HUAWEI Mobile Cloud service. Pay with Ozow on Huawei and you could win a R1500 Takealot voucher, for more information clickhere.

In the HUAWEI Cloud Pocket Your Treasure campaign, you can stand the chance to win 1 (one) of 10 (ten) Huawei prizes. All you need to do to enter is subscribe to a 50GB monthly plan at the 50% discounted rate of R7.50 and you can potentially win one of two HUAWEI MateBook Pro Laptops, one of five HUAWEI GT3 Watches, or one of three HUAWEI nova 8i smartphones. Ts and Cs apply.

EmbraceHUAWEI Mobile Cloudand have peace of mind that your digital memories and documents will be kept safe and secure no matter what comes your way.

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Why You Need To Start Saving All Your Important Memories, Documents, Pictures And Videos To The Cloud Right Now - Africa.com

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Spring Cleaning for Legal Teams: The Cloud and Defensible Deletion of Data – JD Supra

Due in large part to unlimited cloud storage and the ever-evolving list of new cloud-based tools and applications, organizations are creating more data than ever before. This can create risk, increase cost, and weigh down eDiscovery workflows. However, many leaders fear the risk of accidentally deleting required information or being unable to defend their deletion practices. Developing a sound data retention and deletion program and getting key stakeholders' buy-in to do so is critical for any successful data governance program. Seemore+

Due in large part to unlimited cloud storage and the ever-evolving list of new cloud-based tools and applications, organizations are creating more data than ever before. This can create risk, increase cost, and weigh down eDiscovery workflows. However, many leaders fear the risk of accidentally deleting required information or being unable to defend their deletion practices. Developing a sound data retention and deletion program and getting key stakeholders' buy-in to do so is critical for any successful data governance program. Bill and Rob are joined by Erika Namnath, Executive Director of Global Advisory Services at Lighthouse, to discuss key steps for defensible deletion of data and how to ensure participation and adherence throughout an organization. Seeless-

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Preparation Is Key: How America Can Get Ahead of Q-Day – The National Interest Online

Referring to Q-Day, the day when quantum computers are powerful enough to break our current encryption, Arthur Herman, senior fellow at the Hudson Institute, once wrote the following: Q-Day is the term some experts use to describe when large-scale quantum computers are able to factorize the large prime numbers that underlie our public encryption systems... Ironically, the phrase Q-Day was also used for the testing of the first atom bomb in 1945.

Today, most of the world s digital communications rely on standardized encryption to protect against classical (the computers we currently use today) computing attacks. This encryption, sometimes referred to as public-key encryption, PKI (Public Key Infrastructure), RSA (Rivest Shamir Adleman) or ECC (Elliptic Curve Cryptography), is based on a single transaction of factoring a large number. This mathematical equation is all that stands between our data and our adversaries. For example, the numbers three and five multiply into the number fifteen and thus they are the factors. Factoring refers to being able to find two numbers that multiply into a much larger number. With large numbers it is a difficult and largely impossible task for classical computers to figure out; for example, 14,378,234 has factors of 806 17839. So far, all public-key encryption schemes have done an adequate job of protecting our data and communications, and we have also been able to increase the size of the numbers to be factored (also known as the key sizes) to stay ahead of the curve.

However, quantum computers are good at factoring large numbers. Quantum computers operate by using subatomic properties such as superposition, entanglement, and interference which enable a quantum computer to scale very rapidly, at an exponential rate. As a result, quantum computers have the power to crack encryption and solve the factoring problem. The fact is that we know mathematically from Peter Shors algorithm that quantum computers will absolutely break our current encryption unless we upgrade. What does that mean for the United States?

How Can Q-Day Happen?

When a sufficiently powerful quantum computer comes online (these can be referred to as cryptographically relevant quantum computers or CRQCs), whoever has access to such a computer will be able to decrypt any previously encrypted data. As an example, if an attacker has stolen and locally stored encrypted military secrets on their local serversa practice referred to as steal now, decrypt later (or SNDL) that we know is happening todayand these secrets are protected only by public-key encryption using the factoring that we discussed above, they will be decrypted by a CRQC. That attacker will now be able to decrypt all of that stored data and make use of it for whatever purposes they choose. Additionally, the same attacker could use that CRQC to attack communications that are currently occurring over the internet via the airwaves. The same powerful CRQC could be used to eavesdrop or steal data from radio transmissions, fiber transmissions, or any other communications that are using PKI. So, if that attacker has listening devices in a variety of geographic areas or regions, they could effectively unlock any data in transit moving over those communications lines.

When Will Q-Day Happen?

No one knows the exact date when Q-Day will happen. Some are predicting it will be around 2030, some say it will never happen, and others are estimating that we could have a CRQC in two to three years. We know that nation-states are investing billions of dollars in quantum computing, and it is estimated that China is spending upwards of $15 billion to build a quantum computer just to crack PKI. This effort utilizing over 1,000 programmers and scientists is formidable and should not be underestimated.

Our own government has been concerned and is now acting to mitigate the threat and consequences of a CRQC. The National Institute of Standards and Technology (NIST) has been studying and finalizing quantum-resistant algorithms. Recently the White House issued a Memorandum on Improving the Cybersecurity of National Security, Department of Defense, and Intelligence Community Systems which mandates that Within 180 days of the date of this memorandum (Jan. 19, 2022), agencies shall identify any instances of encryption not in compliance with NSA-approved Quantum Resistant Algorithms... Additionally, the United States Innovation and Competition Act of 2021 allocates over $12 billion, and contains specific language and funding for quantum cryptography and post-quantum classical cryptography.

Do not be fooled by what you see in the news or in public-facing articles. You can be sure that a nation-state attacker is not going to announce that they have a CRQC capable of dissolving PKI. Their incentive is to stay underground, harvesting as much data as they can before anyone notices.

Possible Q-Day Scenarios

So, what could happen if a U.S. adversary fully utilized a powerful quantum computer? We could see massive amounts of data being stolen and decrypted, financial system collapses, energy grid hacks, and even control over major military systems. The fact is that we are all leaving ever-increasing digital footprints and every company and government agency on this planet utilizes increasing amounts of digital capabilities and assets. Everything we do has a digital trace, and all data is now flowing and openly accessible though current standard encryption. Imagine if all that data was available to whoever had access to a CRQC? The power they would have would be so great that it is hard to imagine the damage that would be done and the global power that would be held.

Arthur Herman (mentioned above) conducted two formidable studies on what a single, successful quantum computing attack would do to both our banking systems and a major cryptocurrency. A single attack on the banking system by a quantum computer would take down Fedwire and cause $2 trillion of damage in a very short period of time. A similar attack on a cryptocurrency like bitcoin would cause a 90 percent drop in price and would start a three-year recession in the United States. Both studies were backed up by econometric models using over 18,000 data points to predict these cascading failures.

Another disastrous effect could be that an attacker with a CRQC could take control of any systems that rely on standard PKI. So, by hacking communications, they would be able to disrupt data flows so that the attacker could take control of a device, crashing it into the groundor even using it against an enemy. Think of the number of autonomous vehicles that we are using both from a civilian and military standpoint. Any autonomous devices such as passenger cars, military drones, ships, planes, and robots could be hacked by a CRQC and shut down or controlled to perform activities not originally intended by the current users or owners.

In their fictional book 2034: A Novel of the Next World War, Admiral James Stavridis and Elliot Ackerman portray a scenario where China can hack into U.S. military systems and shut down the global positioning system, weapon systems, and communications. This renders the U.S. military helpless and Chinese submarines simply destroy the U.S. Navys entire fleet in the South China Sea with uncontested torpedoes. In the book, all the U.S. militarys assets cannot communicate, and we are sitting ducks allowing China to create some significant destruction in the mainland United States. While not specifically mentioning a CRQC as the tool of destruction, it is completely within reason to think that a quantum computer powerful enough to crack all encryption and communications would be able to create this scenario.

Preparation Starts Now

So, with the above near-term threat, what can we do now to protect ourselves against such disasters?

First, I recommend that leadership, whether government, commercial or other, begin to look at existing cryptographic systems to understand where digital vulnerabilities exist. In many cases with large enterprises and government agencies, the cryptographic upgrade process from PKI to post-quantum cryptography (PQC) to protect systems could take years. PQC refers to the implementation of software-based cryptography and systems that are resistant to quantum attacks. Even with CRQCs, both communications and data would be resilient to quantum attacks since they use much more complex algorithms and systems than our standard PKI, which uses factoring. This move from PKI to PQC will be the largest upgrade cycle in computer history, and all public-key encryption needs to change to provide a completely quantum resilient ecosystem. Data in transit and at rest, and all devices will need to upgrade to PQC, which will reduce or mitigate the ability for quantum computers to crack encryption. Enterprise and government agencies can start now by testing PQC to understand how it works in their environments. Companies today provide PQC that can be tested in an enterprise or via the cloud. It is vital that all company leaders start the process of understanding how to move to a PQC worldthe future of U.S. national security depends on it.

Skip Sanzeri has been an entrepreneur since 1986 and currently is the Founder, Board Chair, CRO and COO at QuSecure, a top post-quantum cyber-security company using post-quantum cryptography and quantum key distribution to help secure the US military, government and commercial businesses. Founder and Board Chair Quantum Thought a leading venture studio focused on quantum computing applications and is also the Founder and Partner at Multiverse Capital. Skip is a co-author of Quantum Design Sprint: A Workbook for Designing a Quantum Computing Application and Disruptive Business Model.

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Preparation Is Key: How America Can Get Ahead of Q-Day - The National Interest Online

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Hardware-Based Full Disk Encryption Market Insight By Business Growth, Development Factors, Current And Future Trends Till 2028 themobility.club -…

This comprehensive Report on Hardware-based Full Disk Encryption Market provides real information about the statistics and state of the global and regional market. Its scope study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with a view to helping beginners establish their place and survive in the market. In addition, it also focuses on the market overview for the coming period from 2022 to 2028. This proved to be a great help for entrepreneurs. This detailed market research is heavily based on information received during interviews with key leaders, research, and innovative resources.

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In addition to the information presented in this report on the Hardware-based Full Disk Encryption Market, it includes financial losses incurred as a result of COVID-19. It also explains how the most important business sectors in the market are coping with the epidemic and how to get out of it. This market report is a way to present accurate information on company profiles and competitiveness analyses in an orderly manner. It anticipates competition in the market for the planned period from 2022 to 2028. This Hardware-based Full Disk Encryption Market study also looks at industry channels and performance rates to help key players stay ahead of the competition.

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Hardware-based Full Disk Encryption Market is divided by type and application. For the period 2022-2028, cross-segment growth provides accurate calculations and forecasts of sales by Type and Application in terms of volume and value. This analysis can help you grow your business by targeting qualified niche markets.

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Let’s Encrypt Awarded the Levchin Prize – iProgrammer

This year's recipient of the $10,000 prize forsignificant advances in the practice of cryptography and its use in real-world systems, is Let's Encrypt. ItsExecutive Director, Josh Aasaccepted the award at this month's 2022 Real-World Crypto conference.

Since 2016, the Levchin Prize has been awarded annually to celebrate recent advances that have had a major impact on the practice of cryptography and its use in real-world systems. Established by the Ukrainian-AmericanInternet entrepreneur Max Levchin, founder and CEO of financial services technology company,Affirm and one of the original co-founders of PayPal, the only stipulation for the prize is the winner's attendance at theReal World Cryptography (RWC) conference for its presentation ceremony.

This year's RWC Symposium was held in Amsterdam on April 1315, 2022 as a hybrid event with remote attendance possible both for presenters and attendees. Anybody can be nominated for the prize and members of the RWC Steering Committee select up to two winners from among those nominated.

We first covered the Levchin Prize in 2018 when there were two recipients,Hugo Krawczykof the IBM T.J. Watson Research Center and theOpenSSLteam. See our report for more details of the award, including a video in which Max Levchin explains its background and rationale.

Let's Encrypt isa non-profit certificate authority run by Internet Security Research Group that provides X.509 certificates for Transport Layer Security encryption at no charge. It is these certificates that are required for a website to be deemed safe and hosting services typically charge upwards of $100 per annum. Being able toset up encryption on websites easily and without the usual hassleusing Let's Encrypt enabled websites to overcome the obstacles that threatened to curtail their operation when the switch to htpps was moreorless mandated.

Dan Boneh,Professor in Applied Cryptography and Computer Security at Stanford University and a member of the RWC Steering Committee stated:

"We are thrilled to award theLevchin Prize to Let's Encrypt. Thanks to Let's Encryptnearly every person browsing the Web experiences the benefits of cryptography."

In response Josh Aas thanked the RWC Steering Committee and Max Levchin for this recognition and went on to reveal thatLets Encrypt is currently used by more than 280 million websites, issuing between two and three million certificates per day. He also explained that the team behind it started working on it in 2013 saying:

Lets Encrypt ultimately came from a group of people thinking about a pretty daunting challenge. The billions of people living increasingly large portions of their lives online deserved better privacy and security, but in order to do that we needed to convince hundreds of millions of websites to switch to HTTPS. Not only did we want them to make that change, we wanted most of them to make the change within the next three to five years.

His speech also disclosed the remarkably small scale of the operation:

Today there are just 11 engineers working on Lets Encrypt, as well as a small team handling fundraising, communication, and administrative tasks. Thats not a lot of people for an organization serving hundreds of millions of websites in every country on the globe, subject to a fairly intense set of industry rules, audits, and high expectations for security and reliability. The team is preparing to serve as many as 1 billion websites. When that day comes to pass the team will be larger, but probably not much larger. Efficiency is important to us, for a couple of reasons. The first is principle - we believe its our obligation to do the most good we can with every dollar entrusted to us. The second reason is necessity - its not easy to raise money, and we need to do our best to accomplish our mission with whats available to us.

Lets Encrypt Receives the Levchin Prize for Real-World Cryptography

Levchin Prize website

Nomination Form

Levchin Prize for Real-World Cryptography

Let's Encrypt Now In Public Beta (2015)

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Let's Encrypt Awarded the Levchin Prize - iProgrammer

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Encryption Software Market Analyzed by Business Growth, Development Factors, Application and Future Trends The New York Irish Emgirant – The New York…

Software-based encryption is one of the fast emerging end point data security solutions. An increasing number of organizations worldwide are adopting encryption to address their growing concerns of data safety and data privacy compliance regulations. With data protection and compliance becoming a high priority, organizations have started to view encryption as an enabler to achieve compliance, data security and flexibility. In addition to the complex regulations, increasing adoption of new technologies such as mobility, cloud and virtualization have also fuelled the need for encryption more than ever before.

The main purpose of an encryption software is to protect the confidentiality of the data stored in files/folders and disks or data-at-rest; and the data travelling over wireless network or data-in-transit, depending upon the security and compliance requirements of an organization.

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Market Statistics:

The file offers market sizing and forecast throughout 5 primary currencies USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2030 are viewed as the forecast period.

According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2027. In todays society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.

This report analyses the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology (ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).

This is achieved by converting a message or plain text into coded message called the Cipher text so that only the authorized parties can read it. Software-based encryption uses software to encrypt and decrypt data at-rest as well as data-in-transit. Thus, by rendering the data unreadable by unauthorized persons, encryption software ensures the safety and security of the confidential data. Additionally, a number of data privacy legislations mandate the use of encryption or cite encryption as one most appropriate measures of data protection. Thus, the adoption of encryption would continue to grow in response to data protection compliance regulations and the on-going cyber attacks.

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The global encryption software market is expected to reach $2.16 billion by 2020, growing at a CAGR (compounded annual growth rate) of CAGR of 14.27% from 2014 to 2020. The global encryption software market has been segmented in this report as per usage, segments, geography and verticals. On the basis of usage, the global encryption software market is categorized into Data-at-rest and Data-in-transit.

The Data-at-rest encryption software market is further bifurcated into two key segments; Full Disk Encryption (FDE) and File level encryption (FLE). The global encryption software market stakeholders encompass IT security providers, IT security consultants, venture capitalists, and enterprises across different industry verticals. The global encryption software market in terms of geography covers North America, Europe, APAC and LAMEA. Presently, North America dominates the global encryption software market, followed by Europe. It is expected that the North America would continue to dominate the global encryption software market from 2014 to 2020 owing to the burgeoning number of high profile data breaches, stringent data privacy compliance regulations and the increasing adoption of technologies specifically cloud and mobility.

KEY BENEFITS

The study provides an in-depth analysis of the encryption software market with current and future trends to elucidate the imminent investment pockets in the marketCurrent and future trends are outlined to determine the overall attractiveness and to single out profitable trends for gaining a stronger foothold in the marketThe report provides information regarding key drivers, restraints and opportunities with impact analysisQuantitative analysis of the current market and estimations through 2013-2020 are provided to highlight the financial caliber of the marketPorters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the marketValue chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain

A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries.

KEY MARKET SEGMENTATION

The market is segmented on the basis of usage, vertical and geography.

MARKET BY USAGE

Encryption for Data-at-restFull Disk Encryption (FDE)File Level Encryption (FLE)Encryption for Data-in-transitEmail Encryption

MARKET BY VERTICAL

Financial SectorHealthcarePublic SectorOthers (Retail)

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MARKET BY GEOGRAPHY

North America

United StatesCanadaOthers

Europe

United KingdomFranceGermanyOthers

Asia Pacific

JapanChinaIndiaAustraliaOthers

LAMEA

MexicoUAESouth AfricaOthers

Table of Content:

What is the goal of the report?

Key Questions Answered in the Market Report

How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? What is the outlook for the impact market during the forecast period 2021-2030? What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? What is the end user perception toward? How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? What are the key strategies adopted by companies in the impact market? What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? Which are the key players in the impact market?

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Encryption Software Market Analyzed by Business Growth, Development Factors, Application and Future Trends The New York Irish Emgirant - The New York...

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