New Jersey, United States The main objective of thisEmail EncryptionMarketresearch analysis is to discover the right opportunities, provide the right investment options and evaluate some actions to be taken for business growth. It forecasts the competition level in the market for the period 2022-2029. There are a few crucial factors covered in this market study report such as identification of potential sales, risks involved in the business, and pointing out exact problems in the market. It further goes on to depict how the dangerous virus COVID-19 affected human health and the world economy and how to reduce its effects on society.

Email Encryptionmarket report covers the customary market situation, effective market strategies, innovative breakthroughs, and key developments. It not only focuses on factors that enhance the growth of the market but also focuses on factors that can hinder the market growth. Under the competitive analysis section, It estimates the market growth for the estimation period 2022-2028. ThisEmail Encryptionstatistical survey report depicts the acquisitions, collaborations, and mergers adopted by the market players to leverage their place and the expansion of their business in the market. Some crucial market tactics provided here help organizations to grow hugely.

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Key Players Mentioned in the Email Encryption Market Research Report:

Symantec, Sophos, Micro Focus, Cisco Systems Proofpoint, BAE Systems, ZIX, Entrust Datacard, Mimecast and Trend Micro.

Email EncryptionMarket Segmentation:

Email Encryption Market by Component

Solution Services

Email Encryption Market by Type

Web Mobile

Email Encryption Market by Vertical

Energy and Utilities Healthcare IT and Telecom Manufacturing Retail Others

This Email Encryption market report assists a number of investors, shareholders as well as enterprises in understanding the tough areas of marketing ideas, technical development, key issues, and systematic analysis in order to accomplish long-term competitive gain in the industry. It goes on to talk about basic market facets along with market drivers, restraints, existing problems, forthcoming opportunities, and forecasts. This Email Encryption market survey depicts a few exact customer insights in order to build technology strategies to make investment useful. It makes use of both primary and secondary methods to offer wide-ranging industry data to help out you in making business choices and introducing new items to the market.

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For Prepare TOC Our Analyst deep Researched the Following Things:

Report Overview:It includes major players of the Email Encryption market covered in the research study, research scope, market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Global Growth Trends:This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Email Encryption market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Email Encryption market are discussed.

Market Share by Manufacturers:Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type:This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application:Besides an overview of the Email Encryption market by application, it gives a study on the consumption in the Email Encryption market by application.

Production by Region:Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Consumption by Region:This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.

Company Profiles:Almost all leading players of the Email Encryption market are profiled in this section. The analysts have provided information about their recent developments in the Email Encryption market, products, revenue, production, business, and company.

Market Forecast by Production:The production and production value forecasts included in this section are for the Email Encryption market as well as for key regional markets.

Market Forecast by Consumption:The consumption and consumption value forecasts included in this section are for the Email Encryption market as well as for key regional markets.

Value Chain and Sales Analysis:It deeply analyzes customers, distributors, sales channels, and value chain of the Email Encryption market.

Key Findings:This section gives a quick look at the important findings of the research study.

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Email Encryption Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast to 2029 Shanghaiist - Shanghaiist

Baffle CEO Ameesh Divatia talks with John Furrier of theCUBE at the AWS re:Inforce 2022 Security Conference for Amazon Web Services. Since compliance is driving data owners to adopt data-centric protection measures, security should be incorporated into data pipelines.

John Furrier:

Welcome back everyone in live coverage here, theCUBE, Boston, Massachusetts for AWS reInforce 2022 Security Conference for Amazon Web Services. Im John Furrier, host with a great guest Ameesh Divatia, co-founder and CEO of Baffle. You guys are hot right now, but youre in an area thats going to explode, we believe. The super cloud is here. Weve been covering that on theCUBE, that people are building on top of the Amazon hyperscalers and without the CAPEX theyre building platforms. The application tsunami has come and still coming, its not stopping. Modern applications are faster, theyre better and theyre driving a lot of change under the covers. And youre seeing structural change happening in real time and in ops, and the network. You guys got something going on in the encryption area, data. Talk about what you guys do.

Ameesh Divatia:

We believe very strongly that the next frontier in security is data. Weve had multiple waves in security. The next one is data because data is really where the threats will persist. If the data shows up in the wrong place, you get into a lot of trouble with compliance. So, we believe in protecting the data all the way down at the field or record level.

John Furrier:

And you guys doing all kinds of encryption or other things?

Ameesh Divatia:

Yes. we do data transformation, which encompasses three different things. It can be tokenization, which is format preserving. We do real encryption with counter mode, or we can do masked views. So tokenization, encryption and masking all with the same platform.

John Furrier:

So, pretty wide ranging capabilities with respect to having that kind of safety?

Ameesh Divatia:

Yes. Because it all depends on how the data is used down the road. Data is created all the time. Data flows through pipelines all the time. You want to make sure that you protect the data, but dont lose the utility of the data. Thats why we provide all that flexibility.

John Furrier:

So, Kurt was on stage today on one of the keynotes. Hes the VP of the platform at AWS, he was talking about encrypt everything. He said we need to rethink it encryption. Good job, we like that. But then he said, we have encryption at rest.

John Furrier:

Thats kind of been there, done that.

Ameesh Divatia:

Yes-

John Furrier:

And in flight.

Ameesh Divatia:

Yeah, thats been there.

John Furrier:

But what about in use?

Ameesh Divatia:

So, thats exactly what we plug. What happens right now is that data at rest is protected because of disks that are already self encrypting, or you have transparent data encryption that comes native with the database. You have data in flight that is protected because of SSL, but when the data is actually being processed, its in the memory of the database or data store, it is exposed. So, the threat is if the credentials of the database are compromised as happened back then with Starwood, or if the cloud infrastructure is compromised with some sort of an insider threat like a CapitalOne, that data is exposed. Thats precisely what we solve by making sure that the data is protected as soon as its created. We use standard encryption algorithms, AES, and we either do format preserving or through encryption with counter mode and that data it doesnt really matter where it ends up because its always protected.

John Furrier:

Well, thats awesome. And I think this brings up the point that we want been covering on SiliconANGLE in theCUBE, is that theres been structural change thats happened called cloud computing and then hybrid. Scale, role of data, higher level abstraction of services, developers are in charge, value creation, startups and big companies. That success is causing now a new structural change happening now. This is one of them. What areas do you see that are happening right now that are structurally changing thats right in front of us? One is more cloud native so the success has become now the problem to solve, to get to the next level. So what are some of those?

Ameesh Divatia:

What we see is that instead of security being an afterthought something that you use as a watchdog you create ways of monitoring where data is being exposed or data is being exfiltrated, you want to build security into the data pipeline itself. As soon as data is created, you identify what is sensitive data and you encrypt it or tokenize it as it flows into the pipeline using things like Kafka plugins or what we are very clearly differentiating ourselves with is proxy architectures so that its completely transparent. You think youre writing to the data store, but youre actually writing to the proxy, which, in turn, encrypts the data before its stored.

John Furrier:

Do you think thats an efficient way to do it or is the only way to do it?

Ameesh Divatia:

It is a much more efficient way of doing it because of the fact that you dont need any app dev resources. There are many other ways of doing it, in fact, the cloud vendors provide development kits where you can just go do it yourself. So, that is actually something that we completely avoid and what makes it really interesting is that once the data is encrypted in the data store or database, we can do what is known as Privacy Enhanced Computation. So, we can actually process that data without decrypting it.

John Furrier:

And so proxies then with cloud computing can be very fast, not a bottleneck.

Ameesh Divatia:

In fact, the cloud makes it so. Things in static infrastructure. In the cloud, theres infinite amount of processing available and theres containerization.

John Furrier:

And you have good network?

Ameesh Divatia:

You have very good network, you have load balancers, you have ways of creating redundancy. So, the cloud is actually enabling solutions like this.

John Furrier:

In the old way proxies were seen as an architectural fail, in the old antiquated static web.

Ameesh Divatia:

And this is where startups dont have the baggage. We looked at the problem and said, of course, were going to use a proxy because this is the best way to do this in an efficient way.

John Furrier:

Well, you bring up something thats happening right now that I hear a lot of CSOs and CIOs and executives, say CXOs, say all the time, our stuff has gotten complicated. So, now I have tools sprawl, I have skill gaps and on the rise, all these new managed services coming at me from the vendors who have never experienced my problem. And their reaction is they dont get my problem and they dont have the right solutions, its more complexity. They solve the complexity by adding more complexity.

Ameesh Divatia:

Yes. I think again, the proxy approach is a very simple.

John Furrier:

That youre solving that with that approach.

Ameesh Divatia:

Exactly, very simple. And again, we dont get in the way. Thats really the biggest differentiator. The forcing function really here is compliance because compliance is forcing these CSOs to actually adopt these solutions.

John Furrier:

So, show about the on premise versus the cloud workload dynamic right now. Hybrid is a steady state right now. Multi-cloud is a consequence of having multiple vendors, not true multi-cloud but like, they have Azure I get that, but hybrid really is the steady state cloud operations. How are the workloads and the analytics, the data being managed on-prem and in the cloud? Whats the relationship? Whats the trend? What are you seeing happening there?

Ameesh Divatia:

I think the biggest trend we see is pipelining. The new ETL is streaming. You have these Kafka and Kinesis capabilities that are coming into the picture where data is being ingested all the time. It is not a one time migration, its a stream. So, plugging into that stream is very important from an ingestion perspective.

John Furrier:

So, its not just a watchdog?

Ameesh Divatia:

No, its built in.

John Furrier:

Its built in, its real time thats where streaming its another diverse access to data. You got data lakes, you have pipeline, you got streaming you mentioned that. So, talk about the old school OLTP, the old BI world. I think Power BI is a $30 billion product and you got Tableau built on, OLTP building cubes, arent we just building cubes in a new way or is there any relevance to the old school?

Ameesh Divatia:

I think there is some relevance and in fact thats again, another place where the proxy architecture really helps because it doesnt matter when your application was built. You can use Tableau which nobody has any control over and still process encrypted data and so can with Power BI. Any SQL application can be used and thats actually exactly what we like to promote.

John Furrier:

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Ameesh Divatia appears on theCUBE at AWS re:Inforce to talk about proxy architecture and the future of data... - Security Boulevard

Email Encryption Tool Market research involves the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.

Email encryption refers to the authentication mechanism of encoding and disguising the contents of an email to protect it from unauthorized access. Email is an extremely vulnerable mode of communication that can be hacked over unsecured or public networks. Encryption is one of the primary data security solutions in the present times. It secures the contents of the email by making them unreadable as they get transferred over networks. The methodology primarily depends on cryptography wherein the user publishes a key to decrypt the message. Email encryption tool is essential for both organizations and individuals as it prevents the access of important and confidential data by unintended users.

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Competitive Overview:

A few leading players in the Email Encryption Tool domain have also been profiled in the report. The profiling of the market players acquaints the reader with their financial information about revenues as well as segment revenues, a competitive SWOT analysis for each player and the recent developments by the player in the Email Encryption Tool domain. The key developments are related to the mergers and acquisitions by the players in the recent past.

Players Mentioned are

Broadcom, Inc.

Cisco Systems, Inc.

CyberRe (Micro Focus)

Egress Software Technologies Ltd.

Entrust Corporation

Mimecast Services limited

Proofpoint, Inc.

Sophos Ltd.

Trend Micro Incorporated

Zix Corporation

Scope of the Report

The research on the Email Encryption Tool market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitors methodologies. The research also segments the Email Encryption Tool market on the basis of end user, product type, application, and demography for the forecast period 20212028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Email Encryption Tool market based on various segments. It also provides market size and forecast estimates from year 2017 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Email Encryption Tool market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The Insight Partners Email Encryption Tool Market Research Report Scenario includes:

The report provides qualitative and quantitative trends of global Email Encryption Tool Market across type, type of products, service, and geography.

The report starts with the key takeaways (Chapter Two), highlighting the key trends and outlook of the global Email Encryption Tool Market.

Chapter Three provides the research methodology of the study.

Chapter Four further provides PEST analysis for each region.

Chapter Five highlights the key industry dynamics in the Email Encryption Tool Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.

Chapter Six discusses the global Email Encryption Tool Market scenario, in terms of historical market revenues, and forecast till the year 2028.

Chapter Seven to ten discuss Email Encryption Tool Market segments by type, type of application, service, and geography across North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. They cover market revenue forecast, and factors driving and governing growth.

Chapter Eleven describes the industry landscape analysis. It provides detailed description of various business activities such as market initiatives, new developments, mergers and joint ventures globally along with a competitive landscape.

Chapter Twelve provides the detailed profiles of the key companies operating in the global Email Encryption Tool Market. The companies have been profiled on the basis of their key facts, business description, products and services, financial overview, SWOT analysis, and key developments.

Chapter Thirteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.

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Email Encryption Tool Market Analysis by Industry Perspective, Comprehensive Analysis, Growth and Forecast 2022-2028 - Digital Journal

On July 27, 2022, OneTouchPoint Inc. (OTP) confirmed that the company experienced a data breach after an unauthorized party gained access to sensitive consumer data contained on OneTouchPoints network. According to OneTouchPoint, the breach resulted in the names, member IDs, and healthcare information of certain individuals being compromised. OTP notes that, because it serves as a vendor for dozens of other organizations, customers that never did business with OTP may be included among the affected parties. Recently, OneTouchPoint filed an official notice of the breach and sent out data breach letters to everyone who was impacted by the recent data security incident.

If you received a data breach notification, it is essential you understand what is at risk and what you can do about it. To learn more about how to protect yourself from becoming a victim of fraud or identity theft and what your legal options are in the wake of the OneTouchPoint Inc. data breach, please see our recent piece on the topic here.

According to an official notice filed by the company, on April 28, 2022, OTP discovered that certain files on its computer system had been encrypted. In response, the company secured its systems and, working with cybersecurity professionals, began an investigation into the accident.

As a result of this investigation, OTP learned that the unauthorized party initially gained access to its systems on April 27, 2022. Subsequently, on June 1, 2022, OTP then learned that it would not be able to tell which files the unauthorized party actually viewed. The company then focused on reviewing all compromised files to determine what information was contained on them and who it belonged to. While the breached information varies depending on the individual, it may include your name, member ID, and any information you provided during a health assessment.

OTP is a vendor that provides printing and mailing services to various health insurance carriers and medical providers. Thus, the OTP data breach may impact consumers who obtained treatment or have insurance policies with any of the following companies or providers:

Common Ground Healthcare Cooperative

Banner Medicare Advantage Dual

Blue Cross Blue Shield of Arizona

MediSun, Inc. d/b/a Blue Cross Blue Shield of Arizona Advantage

Health Choice Arizona, Inc

Blue Cross Blue Shield of Massachusetts

Blue Cross Blue Shield of Rhode Island

Blue Cross Blue Shield of South Carolina Commercial

BMC HealthNet Plan / Well Sense Health Plan

CareFirst Advantage

Commonwealth Care Alliance

ElderPlan/HomeFirst

EmblemHealth Plan, Inc.

Florida Blue

Geisinger

Health Alliance Plan of Michigan

HAP Midwest Health Plan

Health First

Health New England

Health Plan of San Mateo

HealthPartners

Highmark Health

Humana

Kaiser Permanente

KS Plan Administrators, LLC

MVP Health Care

Pacific Source

Premera Blue Cross Medicare Advantage Plans

Prime Time Health Plan

Point32Health

Regence BlueCross BlueShield of Oregon

Regence BlueCross BlueShield of Utah

Regence BlueShield

Regence BlueShield of Idaho, Inc.

UPMC Health Plan

Matrix Medical Network

OneTouchPoint Inc. initially sent out a summary of its investigation on June 3, 2022. More recently, on July 27, 2022, OTP sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.

Founded in 2007, OneTouchPoint Inc. is a software and business services company based in Hartland, Wisconsin. The company provides a range of services to its corporate clients, including brand management, local marketing, marketing execution, print production and supply chain logistics. OneTouchPoint deals with companies across many industries, including alcohol & beverage, financial services, retail, healthcare, insurance, and manufacturing. OneTouchPoint Inc. employs more than 600 people and generates approximately $238 million in annual revenue.

In the letter that OneTouchPoint sent to victims of the recent breach, the company mentioned that it first learned of the incident when it noticed certain files on its computer network had been encrypted. Encryption is a process that encodes files, making them inaccessible to anyone without the encryption key (such as a password). Encryption is used every day for all sorts of lawful purposes, for example, to keep people from accessing sensitive data. However, cyberattacks also use encryption when orchestrating a ransomware attack.

Thus, when a company notes that its files were encrypted, its a good indication that it suffered a ransomware attack. In a typical ransomware attack, hackers install malware on a victims computer that encrypts some of all of their files. When the victim logs back on to their computer, they are met with a message from the hackers demanding a ransom. If the victim pays the ransom, the hackers (should) decrypt the files, allowing the victim access to their files.

More recently, some hackers have taken ransomware attacks to a new level, however, by threatening to publish the stolen data if the ransom isnt paid. This adds additional incentive for the victim to pay the ransom. However, the FBI and other federal agencies routinely advise companies not to pay ransoms demanded by hackers because this only encourages hackers to carry out these types of attacks. Of course, this puts companies in a difficult position because, by not paying a ransom, they may end up responsible for the breach in the publics eye.

Of course, the best way to prevent an unauthorized party from accessing consumer data is for a company to implement a robust data security system in the first place. Companies that fail to take data security seriously are often those that end up targeted by hackers in a ransomware attack.

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OneTouchPoint Inc. Confirms Data Breach Potentially Impacting Dozens of Other Businesses (and Their Customers) - JD Supra

In a world where data privacy is increasingly under threat, many people are turning to encryption to protect their information. But is encryption ethical? In this blog post, well explore the ethical implications of encryption and how it can be used responsibly.

Encryption is a technique used to protect data or communication from unauthorized access. It uses mathematical algorithms to transform the data into a form that is unreadable by anyone who does not have the decryption key. Data that has been encrypted is often referred to as ciphertext, while unencrypted data is called plaintext.

Encryption is used in a variety of applications, including email, file sharing, and secure communications. It is also used to protect sensitive data, such as medical records and financial information.

There are many benefits to using encryption. Firstly, it helps to ensure the privacy of communications and data. Secondly, it can help to prevent data breaches, as encrypted data is much more difficult to steal or tamper with. Finally, encryption can also be used to create a chain of trust, as encrypted data can be verified and authenticated.

Encryption is a powerful tool and it is important to understand how this whole thing works and how it can be used to benefit you as a person.

The widespread use of encryption is a hotly debated topic, particularly when it comes to government agencies and law enforcement. On one side, some argue that encryption is a vital tool for protecting the privacy of citizens. On the other side, people argue that encryption can be used by criminals and terrorists to hide their activities from the authorities.

So what are the ethical concerns of encryption? Is it a tool that should be used to protect the privacy of citizens, or is it a tool that can be used by criminals and terrorists to hide their activities from the authorities? The answer is not clear, but what is clear is that encryption is a powerful tool that can be used for both good and bad. As we continue to use and develop encryption, we will need to be mindful of both its potential benefits and its potential risks.

In light of the recent data breaches and security vulnerabilities that have been exposed, many people are wondering if we should be encrypting everything. After all, if our data is secure, it cant be stolen or used against us, right? Wrong, encryption is not a perfect solution. It can be expensive and time-consuming to encrypt large amounts of data, and there is always the possibility that someone will figure out how to break the encryption. Additionally, encryption can make it more difficult to share data with others, as they may not be able to access the data if they dont have the right key.

Ultimately, the decision of whether or not to encrypt your data is up to you. There are pros and cons to both sides, and youll need to weigh those carefully before making a decision.

If you enjoyed the article, please give me a follow.

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Is Encryption Ethical?. In a world where data privacy is | by xyuon.tech | Jul, 2022 - Medium

Database Encryption Market Overview:

The most recent report, Database Encryption Market worldwide will develop at an alarming rate in the coming years. Experts took into account the market drivers, limitations, risks and openings that exist in the entire market. The report shows market speculation that incorporates estimates. A thorough examination allows a thorough understanding of the direction of the market.

This Database Encryption analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

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Major Players in the global Database Encryption market are:

What is the goal of the report?

The market report presents the estimated size of the Healthcare market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

Detailed Segmentation:

By Deployment

By vertical

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This Database Encryption Market study report adds the potential to impact its readers and users as the market growth rate is affected by innovative products, increasing demand for the product, raw material affluence, increasing disposable incomes, and altering consumption technologies. It also covers the effect of the COVID-19 virus on the growth and development of the market. Market players can study the report briefly before investing in the market and expecting higher returns. According to the report, the market scenario keeps on fluctuating based on many factors.

Key Drivers & Barriers:

High-impact factors and rendering engines are studied within the Database Encryption Market report back to facilitate readers perceive the development. Additionally, the report contains restrictions and challenges which will fill in the method of players. This can facilitate users listen and build knowledgeable business-related choices.

Regional Analysis of the Database Encryption Market:

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Some of the Key Questions Answered in this Report:

What is the Database Encryption Market size at the regional and country-level?

What are the key drivers, restraints, opportunities, and challenges of the Database Encryption Market, and how they are expected to impact the market?

What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Database Encryption?

Who are the global key manufacturers of the Database Encryption Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

What are the Database Encryption Market opportunities and threats faced by the vendors in the global Database Encryption Industry?

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Database Encryption Market Expected To Witness A Sustainable Growth Over 2022 2030 This Is Ardee - This Is Ardee

California-based Nubeva is building technology to recover encrypted data without making ransomware payments

A San Jose, Calif-based ransomware data recovery firm has announced the successful recovery of encrypted data without requiring any ransom payment. The firm takes a novel approach: it intercepts the encryption process and extracts the keys used by the ransomware. With these, it can recover data without recourse to paying the ransom.

Nubeva Technologies gave two examples in June 2022. SecurityWeek talked to CMO Steve Perkins. The first victim was a firm in the architectural, engineering and construction (AEC) sector that had been hit by a new version of REvil. This firm had been ransomed three times in the last few years before it turned to Nubeva. The second firm was an insurance processing firm in the healthcare sector, and was not a customer of Nubeva when its files were encrypted.

The Nubeva solution involves a small agent that operates in the background on each endpoint and server. Using patented technology that the firm calls session key intercept (ski), the process is automatically initiated at the first sign of anomalous or mass encryption. Ski listens in real time to the encryption process and extracts the encryption keys. It stores them in a secret location on the system, with copies in the customers cloud account.

Literally within 48 hours we provide a decryptor. Its usually shorter than that, if we have a decryptor. If its something new and we dont have a decryptor, well build one. Forty-eight hours is our SLA, and youre decrypting on the spot.

In practice, it is not an instant decryption that would likely rebuild files onto an infected system. There must be an intervening forensics stage where an incident response team assesses the systems to ensure that recovery goes to clean computers. Nubeva helps here. It has collected, time-stamped, and stored all the encryption processes. It can give the forensics team a complete fingerprint of the extent of the damage from ground zero which would normally take days to assess manually.

Many companies decide to pay a ransom because they believe it will be the quickest way to recover operations and avoid a lengthy downtime. But this process still involves the time it takes to negotiate with the attackers, obtain the decryptor, and start the rebuild. This period will normally take the best part of three weeks, and there is no guarantee that the decryption will work. Nubeva can dramatically shorten the downtime without paying the ransom, and can recover the files efficiently.

In this instance, the victim was able to recover its data files despite being attacked by REvil, and without paying the ransom.

Some companies decline to pay a ransom because of their own backups. If youve got a simple backup, said Perkins, just do it. The problem is that over 50% of the time people still end up paying a ransom because their backups have been corrupted. And all the time, the downtime clock is ticking.

This problem with backups was illustrated in the second recovery example given by Nubeva. This victim had a good backup process in place when the ransomware struck, but no relationship with Nubeva. The attackers had been resident in the network for several weeks, and the incident response firm warned the victim it would have to restore from backup to a state at least four weeks prior to the encryption to be sure of eliminating the original infection.

This was unacceptable. The company is a healthcare insurance transaction processing firm. All transactions undertaken during the roll back would be lost, and could only be recovered by submitting duplicate transactions leaving the firm open to charges of fraud. The only alternative would be to lose millions of dollars and all track of accounting during the period. The firm told the incident responders that it had to restore to no earlier than the day before the encryption.

The incident response team called in Nubeva, which was installed ahead of the backup recovery. The recovery process to the day prior to encryption was undertaken; and as expected, the infection was reintroduced. This time, however, Nubeva caught the encryption keys and gave the responders the infection process fingerprint. As a result, the systems could be rapidly cleaned, and the data restored again through the keys captured by Nubeva.

Nubeva does not consider itself to be a traditional ransomware prevention product. It is a data recovery product. It does not detect ransomware, nor does it prevent ransomware. There are many other products that promise to do this with varying degrees of success and failure. Nubeva is a data recovery tool for ransomware-encrypted data. It acts like a safety-net for when ransomware succeeds, as it so often does. Nubeva captures the encryption keys, and in conjunction with a forensic response team can restore encrypted data back onto clean systems. It does this in a shorter time than it would take to pay and restore, but without having to pay.

Related: Study Finds Eighty Percent of Ransomware Victims Attacked Again

Related: New Malware Samples Indicate Return of REvil Ransomware

Related: The Psychology of Ransomware Response

Related: SecurityWeek Cyber Insights 2022: Ransomware

Read more from the original source:
Can Encryption Key Intercepts Solve The Ransomware Epidemic? - SecurityWeek

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Western Digital, Samsung Electronics, Seagate Technology, Micron Technology, Kingston Technology, Toshiba, Kanguru Solutions, Winmagic, Maxim Integrated Products, Netapp, Gemalto, Thales.

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Hardware Encryption Market, By Type

AES RSA

Hardware Encryption Market, By Application

Consumer Electronics IT Transport Aerospace Medical Financial Services Others

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Hardware Encryption Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast to 2029 This Is Ardee - This Is Ardee

Details have emerged on how the Conti ransomware gang breached the Costa Rican government, showing the attack's precision and the speed of moving from initial access to the final stage of encrypting devices.

This is the last attack from the Conti ransomware operation before the group transitioned to a different form of organization that relies on multiple cells working with other gangs.

The Conti ransomware operation launched in 2020 to replace Ryuk and quickly grew to infamy after attacking victims in both the private and the public sector, includinglocal governmentsin the U.S.,schools, andnational healthcaresystems.

On April 11, 2022, Conti began their last incursion under this brand after gaining initial access to the Costa Rica governments network and engaging in reconnaissance activity.

A report from cyber intelligence company Advanced Intelligence (AdvIntel) details the Russian hackers steps from initial foothold to exfiltrating 672GB of data on April 15 and executing the ransomware.

The threat actor entry point was a system belonging to Costa Ricas Ministry of Finance, to which a member of the group referred to as MemberX gained access over a VPN connection using compromised credentials.

Advanced Intelligence CEO Vitali Kremez told BleepingComputer that the compromised credentials were obtained from malware installed on the initial device compromised on the victim network.

More than 10 Cobalt Strike beacon sessions were set up in the early stages of the attack, AdvIntel researchers say in the report.

The infection followed a typical attack flow wherein the adversaries gained access from the compromised VPN log by installing a crypted form of Cobalt Strike inside the Costa Rica sub-network -AdvIntel

After gaining local network domain administrator access, the intruder used the Nltest command-line tool to enumerate domain trust relationships. Next, they scanned the network for file shares using ShareFinder and AdFind utilities.

AdvIntels details on the threat actors activity on the Costa Rica governments network include the specific commands used at each step.

According to the researchers, MemberX then used the Cobalt Strike backdoor channel to download the fileshare output to a local machine.

The attacker was able to access administrative shares where they uploaded a Cobalt Strike DLL beacon and then ran it using the PsExec tool for remote file execution.

Using the Mimikatz post-exploitation tool for exfiltrating credentials, the adversary collected the logon passwords and NTDS hashes for the local users, thus getting plaintext and bruteable local admin, domain and enterprise administrator hashes.

The researchers say that Conti operators leveraged Mimikatz to run aDCSyncandZerologonattack that gave them access to every host on Costa Ricas interconnected networks.

To make sure that they dont lose access in case defenders detect the Cobalt Strike beacons, Conti planted the Atera remote access tool on hosts with less user activity where they had administrative privileges.

The adversaries pinged the whole network and re-scanned the network domain trusts, leveraging enterprise administrator credentials with ShareFinder and compiling a list of all corporate assets and databases available under their new elevated privileges -AdvIntel

Stealing the data was possible using the Rclone command-line program that can manage files on multiple cloud storage services. Conti used this to upload data to the MEGA file hosting service.

A diagram of the attack flow:

According to a note on the Conti leak site, the ransom demand was initially $10 million and then increased to $20 million when Costa Rica refused to pay.

However, AdvIntel researcherssaythat internal communication between Conti members showed that the price was far below $1 million USD.

AdvIntel notes that Contis attack on the Costa Rican government was relatively unsophisticated and that a flat network designed combined with misconfigured administrative shares helped the attacker move to domain trusts.

Following this crippling attack, Costa Rica was forced on May 8 todeclare a national emergencyas the intrusion had extended to multiple government bodies, with some agencies resuming activity in early June.

About 10 days later, Conti leaders started toshut down the operationby taking offline part of the infrastructure offline and announcing that the brand no longer existed.

The final step happened in late June whenConti shut downall the sites used for negotiating ransoms with victims and took offline the data leak site.

However, the cybercriminal syndicate lives on, under a different organization where its members dispersed into other ransomware operations (Quantum, Hive, AvosLocker, BlackCat, Hello Kitty).

Other operations also in the extortion business, minus the file encryption part, that are also linked to Conti areKarakurt,BlackByte, and theBazarcall collective.

Go here to read the rest:
How Conti ransomware hacked and encrypted the Costa Rican government - BleepingComputer