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Don’t Fall Prey to the Next Phishing Scam

A massive number of people around the globe have fallen prey to phishing scams in the last year or so.  Even computer savvy people fall victim to such scams.

Two recent phishing campaigns aimed at the JP Morgan Chase Bank customers claimed to include credit card statements and warned recipients that their account access had been restricted due to unusual activities.  The motive was clear: to lure victims to click on a malicious link and obtain their account credentials.

The nature of both attacks was to convince the recipients that the JP Morgan Chase bank was reaching out to them for suspicious activities on their accounts. Sneaky cybercriminals know how to press the right buttons, and use social engineering tactics to make their assaults successful. The subject lines, sender names, and content of the email all convey a sense of legitimacy as well as urgency, encouraging recipients to act quickly. Another important aspect is brand impersonation. These emails use the same branding, style, and layout as that of the legitimate emails creating the perfect phishing scam.

Now the question is how to protect yourself from these scams? The answer is simple – strengthen your email security with IronCAP X. Organizations should enhance their email security with end-to-end, quantum-safe email encryption and digital signatures to better detect malicious activities.

IronCAP X, is a proven secure, end-to-end, quantum-safe email encryption software that will let you authenticate and digitally sign your email.  Recipients will know it’s a legitimate email if it’s coming from an IronCAP X user in their contacts.  For added security, the email is encrypted and can only be decrypted by the designated recipient.  It is time we educate ourselves on email security and take measures to prevent data loss.

So why are you waiting? Don’t fall prey to the next phishing scam. To download the IronCAP X FREE personal version, visit https://www.ironcap.ca/ironcap-x/.

Have questions about email security? Reach out to us on TwitterLinkedIn or Facebook. We are here to help.

Reference:
TechRepublic article

Defense against Out-of-Control Cyberattacks

According to the Hiscox Cyber Readiness Report 2021, the proportion of businesses targeted by cyber criminals in the past year has increased from 38% to 43%, with over a quarter of those targeted (28%) experiencing five attacks or more.  Additionally, one in six businesses attacked (17%) said that the financial impact had materially threatened the company’s future.

In 2020 and 2021 we have seen some large-scale data breaches at major global corporations as well as government agencies. These cyber-attacks don’t just expose your data but can also cause severe financial losses, hammer your customer trust and tarnish your company’s reputation.

Gareth Wharton, CEO of Hiscox Cyber said, “One of the big takeaways of this report is the worrying range of financial impacts that cyber-attacks can have…. The risk of inaction is that the next attack could be enough to sink the business.”

How to defend against these out-of-control cyberattacks?  The answer is to implement quantum cryptography.  It is a foolproof way to help preventing not only cyber threats today but also in the fast-approaching quantum era.  And IronCAP’s quantum-safe encryption is the best-in-class quantum cryptography available today.  It has passed the due diligence of its global partners, ascertained secure at 2 global hackathons and most importantly proven IMMUNE to attack methodologies used against traditional encryption systems such as RSA.

Cyber threats are real and ever increasing, and can turn catastrophic with the arrival of quantum computing.  Businesses and government agencies should not just “sit and wait”.  They need to act now to implement IronCAP’s cryptography to protect their data today and in the quantum future.

At IronCAP we strive to create a cyber smart community.  Be cyber smart with us.  To learn more, visit www.ironcap.ca.

Reference:
Insurance Journal
Hiscox Cyber Readiness Report 2021

Cyberattacks – recognized as a serious threat

On April 12th, 2021, Federal Reserve Chairman Jerome Powell said, “Cyberattacks are now the foremost risk to the global financial system, even more so than the lending and liquidity risks that led to the 2008 financial crisis.”

If this isn’t a wake-up call to our cybersecurity, then what else is?

Powell also told CBS, “I would say that the risk that we keep our eyes on the most now is cyber risk.” This isn’t just a financial system risk but instead a global risk to all industries. The most recent leak of 533 million Facebook users’ personal information on a hacking forum was another wake-up call for the entire ecosystem. Is your encryption system better than Facebook?  Better than Microsoft?  Better than top government agencies?  If the answer is NO then you’ve got to hurry and do something about your cybersecurity strategy NOW!

IronCAP is the obvious choice for your cybersecurity for many reasons and here are the top TWO:

  1. Our unique, quantum-safe encryption technology is IMMUNE to attack methodologies used for traditional encryption systems such as RSA. Therefore, IronCAP can protect you from cyber-attacks TODAY and in the post-quantum era. This is not just us saying it but in fact PROVEN in 2 global hackathons (2019 and 2021). The IronCAP cryptography is unscathed, and the choice of many powerful industry leaders.
  2. The National Institute of Standards and Technology (NIST) has been studying encryption for the post-quantum era and has settled on a group of 15 finalists with two favorable approaches: one is the code-based cryptosystem, and two is the lattice-based cryptosystem. The code-based approach is time tested and powerful whereas the lattice-based approach is less time-tested than the code-based.  AND you will need to wait for 2-3 years for NIST to release the final result, which is to choose one winner from each category. Interestingly out of these 15 finalists there is just ONE candidate standing strong on the code-based approach, making it the obvious winner in this category.  IronCAP is based on the same 40-year-old, time tested, Goppa code-based methodology that’s recognized by NIST.

IronCAP’s quantum-safe cryptography keeps digital assets, digital infrastructure, trade secrets and customer data safe from hackers, whether they use traditional computers or quantum computing technology.

It is a no-brainer choice to have IronCAP to safeguard your data against cyber-attacks today, and in the post-quantum era.

Reference:
CNN article
Business Insider article

 

 

 

Protect Your Sensitive Data!

You have private conversations online? Confidential documents to share via email? We are saving all data!!! Right now, they are at risk so read on and you will thank us later.

We live in a new digital age where any transaction, big or small, can possibly take place ONLINE. We don’t mean only financial transactions, we mean all transactions – your name, email, birthday, government-issued IDs, conversations with friends, partners, colleagues and the list goes on.

Even before the COVID-19 pandemic hit, we witnessed a fast-paced digital transformation BUT the pandemic accelerated this transformation and forced everyone to go online for work, learning, shopping, meeting, communicating, etc.  This massive burst of online activities has triggered a new wave of online scams and frauds.  Hackers can now easily gain access to any of your data including, but not limited to, login credentials, private email conversations, banking details, etc. Hackers gain access to all these by using just one simple, inexpensive social engineering tool called “phishing”.

Fraudulent Phishers send billions of fake “security alert” or “need urgent action” emails and set up fake websites with false COVID-19 information luring individuals into clicking malicious links and/or entering their personal information.

Want to thrive and worry free from phishing scams?  Well, we got good news! IronCAP X is your solution and the end to phishing.

IronCAP X is a proven secure, end-to-end, quantum-safe email encryption software that will let you authenticate and digitally sign your email.  Recipients will know it’s a legitimate email if it’s coming from an IronCAP X user in their contacts.  For added security, the email is encrypted and can only be decrypted by the designated recipient.  In short, your email communication is safe, end-to-end encrypted, quantum-safe and digitally authenticated.

So why are you waiting?

Bonus! IronCAP X is free for personal usage. Sign up here: IronCAP X to save your private data from malicious actors.

You can also check us out on LinkedIn, Twitter and Facebook.

Your Cybersecurity Wake-up Calls from SolarWinds, Microsoft Hacks and now PM Boris Johnson

The Economic Times reported on March 14th, 2021 that Boris Johnson, the UK Prime Minister said, “Britain needs to boost its capacity to conduct cyber-attacks on foreign enemies…Cyber power is revolutionizing the way we live our lives and fight our wars, just as air power did 100 years ago.” This statement coupled with the recent SolarWinds and Microsoft hacks indicates how damaging cyberattacks can be and how weak our cybersecurity systems are at the moment.

Cyberattacks will catastrophically amplify in the post-quantum world which is not far from now. It is evident that countries like the USA, Germany, Russia and China are investing billions of dollars in researches to race to achieve quantum supremacy. Tech giants such as IBM, Google, Amazon and Honeywell are significantly multiplying their quantum power each year. In December 2020, China reported massive progress in its quantum research; claimed quantum supremacy and will continue to invest in the future of quantum computing. Current encryption systems such as RSA will fail in the quantum era.

IronCAP has foreseen these cyber threats from the quantum sector. It has therefore developed a unique, quantum-safe cryptographic encryption to secure conventional computer systems and protect against attacks from quantum computers as well as conventional computers. It is built on a 40-year-old time-tested Goppa code-based methodology and has been rigorously tested time and again. IronCAP has been reviewed by leading researchers in the field, passed the due diligence of its big-name business partners and has also survived a global hackathon in 2019. Another CAD 100K Bounty Contest, sponsored by one of its global partners is now underway. Over 700 participants from around the world are currently trying diligently to challenge IronCAP’s encryption and so far, IronCAP remains UNCRACKED. Final results will be announced on March 22nd, 2021. We are confident that IronCAP will show the world again it’s the best-in- class cryptography and will be the cyber security of the future.

IronCAP is the armor for your data!

Learn more: www.ironcap.ca

Reference:
Economic Times

Data loss should worry investors

Cyberattacks are not new to our world but disturbingly they have skyrocketed in the last year. To a certain extent, COVID-19 has forced everybody to work remotely and hence exposed the vulnerabilities of our existing security systems which resulted in heavy data plus financial losses. The damages that cyberattacks can do to a company have awaken investors. They realize the value of good cybersecurity and want companies to make it their top priority. This is no longer just a tech department issue. Investors need to demand companies to adopt the best cybersecurity solutions.

A company’s future can be evaluated on the Environmental, Social, and Corporate Governance (ESG) factors. These factors help to measure the sustainability as well as better predict the financial performance of a company.

In the past year cybersecurity threats have brought social and governance chaos around the globe. In fact, reports from McAfee suggested that cyberattacks could cost the global economy around USD 400 billion annually. This data should have alerted CEOs, policymakers and investors to put cybersecurity as their top priority. Let me explain why cyberattacks are a significant risk factor that investors should consider:

1. A cyberattack leads to significant amount of data loss or files corrupted which disrupts day-to-day functions of a business.

2. A company that suffers a cyberattack will likely have its customer data compromised leading to the downgrade or total loss of customer trust.

3. With constant regulatory changes, a company could be subjected to heavy lawsuits.

We believe it is crucial that an investor be fully aware of these risks and be involved in ways to mitigate them.

Having foreseen this catastrophic problem, IronCAP has built the perfect solution to prevent cyberattacks today and in the quantum future. IronCAP’s unique, patent-pending cryptography is based on the 40-year-old, time tested Goppa code-based system. With an improvement in the cryptographic process, IronCAP is faster and most importantly, quantum-safe. It can be used to secure email/file encryption, blockchain, 5G/IoT, remote access/VPN, cloud storage and many other verticals. IronCAP’s cryptography will safeguard your data today and in the quantum future.

The future of your company is in your hands. Adopt the same solution – IronCAP – as top cyber consultants NOW. Learn more: www.ironcap.ca

References:
Article 1

Can you survive a cyber war today?

If a cyber war happened TODAY can we survive? We have come so far with technological advancements but yet cannot survive a cyber war today. Hackers in the shadowy world armed with viruses and tools can possibly disrupt the computer systems that manage real-world infrastructure, such as electricity, water supply, transportation, banking systems, hospitals, airports, and the list goes on.

Absolutely nothing is off limits. A few weeks ago, hackers breached a water treatment plant in Florida with failed attempts to increase the toxic level of the water supply. Fortunately there was no catastrophic damage. But will you always be that lucky? In the past one year, we saw an array of ransomware attacks on hospitals, travel agencies, WHO, tech firms and cyber consultants. The most “famous” one is perhaps the large-scale Solar Winds cyberattack in December 2020. At least nine federal agencies and over 100 companies in the US were compromised. Government agencies and top cyber consultants are still uncovering the extent of the attack, the damage caused and the potential lingering risks. It is believed that more victims would be identified.

Solar Winds was a real eye opener! Proof that nothing is off limits for hackers. They can and they will reach you! 2020 showed us a glimpse of the power hackers hold or shall I say, a reality check on our weak security systems.

Government agencies, CEO’s and policymakers are rattled by security vulnerabilities today. How much worse the situation will become when quantum computing arrives is beyond imagination. Therefore, we need to strengthen our security systems and prepare for the quantum future, which is just around the corner. A quantum hack will be nothing less of a catastrophic event unless we are quantum-safe TODAY. IronCAP has built a unique quantum-safe encryption solution for individuals and businesses. Its unique, patent-pending cryptographic technology is designed to operate on conventional computer systems while at the same time safeguard attacks from quantum computers. It is proven secure at a hackathon, vetted by industry experts and is low-cost.

Prevention is better than cure! Adopting quantum-safe encryption NOW is the ultimate prevention. Act today to build a powerful cybersecurity strategy with IronCAP.

Reference:
Article 1

Board of Directors’ Risk Oversight Responsibilities on Cybersecurity

The vast majority of organizations around the globe rely heavily on digital technology to function.  We certainly require good cybersecurity that protects the ability to function safely, and ensures organizations can exploit the opportunities that technology brings. Cybersecurity is therefore central to an organization’s health and resilience, and this places it firmly within the responsibility of the Board of Directors.

New regulations (such as GDPR) as well as high profile media coverage on the impact of cyber incidents have raised the expectations of partners, shareholders, customers and the wider public. Organizations, especially their board members, have to get a firm grip on cybersecurity.

What conscientious manager or owner would leave their valuable premises unguarded and assets unlocked? The answer is no one! Data is our most valuable asset and leaving it with weak encryption leads to asset theft, financial failure, bankruptcy and lawsuits. End-to-end encryption is simply locking the premises securely and protecting our assets from data theft. Additionally, the biggest outlier today is Quantum computing which will soon have the power to crack all current encryption such as RSA and attack all digital assets.

Since encryption is the last line of defense from cyberattacks, the minimum “base case” requirement for security today is quantum-safe, end-to-end encryption. Companies and their board members should demand for its implementation, and that search will lead them to IronCAP, the only “shovel ready” quantum-safe encryption that’s available today.

You can adopt IronCAP along with top cyber consultants now. Checkout: www.ironcap.ca

You Need Quantum-Safe End-To-End Encryption

Let’s dive right into it. The idea of end-to-end encryption is to encrypt (protect) your data till it reaches the intended recipient: only the sender and the receiver can read the message; not even the service provider can view the message.

Many platforms are “encrypted” but you need to understand that not all are “end-to-end encrypted”. A simple example is Facebook messenger. When you communicate with someone through Facebook messenger, your message is encrypted and goes from you to Facebook and then from Facebook to your contact.  But in this process of encryption Facebook still holds access to the key that can decrypt your message.  They are able to view the contents of your message if they want to. For real end-to-end encryption the service provider will not hold the key that can decrypt your message. Only the sender and the recipient can read the message/data.

In today’s highly digitized world we are, consciously or unconsciously, sharing all kinds of messages and data online, whether it be a friendly invite, financial data or corporate contracts. End-to-end encryption is the solution to your fading privacy.

But here is a twist…whether you are a cybersecurity geek or not, you have surely heard of the various quantum advancements in 2020 alone. The rapid acceleration of quantum advancements threatens our current encryption algorithms. This means whether your messages or data are encrypted or even end-to-end encrypted, you are most certainly vulnerable to quantum hacking.

So, the ultimate route to privacy and data protection is using quantum-safe, end-to-end encryption!

We are knee deep into a quantum race, not just among companies such as Amazon, Google, IBM, or Honeywell but also among countries like the USA, Germany, Russia and China. There are reports from different sources that these countries are investing billions of dollars in researches to race to achieve quantum supremacy. Quantum computers could very well crack traditional encryption such as RSA SOON. The urgency to get our current cybersecurity quantum-safe is imminent.

IronCAP X is the world’s first commercially available quantum-safe, end-to-end email/file encryption software. It allows users to encrypt sensitive emails such as those sent by government, financial or legal institutions, and protect their personal or business data.  A key feature of IronCAP X is the digital signature of emails to confirm the sender’s identity.  This feature can shut down the source of most malicious activities such as ransomware attacks and phishing email scams.

Becoming quantum-safe 1-year-too-early or 1-year-too-late is everything.  Join top cyber consultants to become quantum-safe with IronCAP today.

Reference:
Article 1

NetWalker Ransomware Attack was Preventable

The COVID-19 pandemic has made everyone go online more than ever: for work, schools, shopping and for entertainment.  The surge in digital communications and the shift to remote working and learning online have at the same time skyrocketed the risk of cyberattacks.  Besides implementing new information technology systems to adopt new remote working and administrative practices, cyber risk management definitely requires the highest level of attention from all industries and organizations now.

Recently the NetWalker ransomware attacks were brought down. According to Threatpost, the U.S. Department of Justice has brought charges against a Canadian national, Sebastien Vachon-Desjardins of Gatineau, in relation to NetWalker ransomware attacks and also seized US $455,000 in cryptocurrency from ransom payments. That is not all…Sebastien allegedly has obtained illegally over $27.6 million from ransomware victims.

2020 has witnessed a tsunami of many such ransomware and phishing attacks. This is about to blow up even more with the rapid advancements of quantum computing alongside quantum hacking.  Let’s connect the dots: our current (weak) security systems and quantum hacking will lead to a man-made DISASTERS!  It is imperative to have an airtight quantum-safe encryption that will allow us to communicate safely.  We need an encryption that can prevent cyberattacks today as well as in the quantum future.

The GOOD NEWS is there is already an airtight end-to-end, quantum-safe encryption solution available today – IronCAP X.

IronCAP X is a new quantum-safe email and file encryption software that will let you authenticate and digitally sign your email.  It provides the safest, end-to-end, quantum-safe encryption for your data now and in the quantum future. The best part about IronCAP X is that it is FREE for personal usage and effectively protects you from all phishing scams. We know technology evolves every day and we are at the brink of a cyber cold war.  So why not armor up, get your IronCAP X today and be quantum-safe.

Reference:
Threatpost article