The Director of Identity Security at Microsoft has been warning about the inefficacy of passwords and more recently about standard Multi-Factor Authentication. Malicious actors are looking to steal your data at all costs. With the ever evolving technological advancement, even the strongest password will not deter these bad guys for long, especially when quantum computing arrives.

One of the most common cyber-attacks today is via phishing. As you know phishing emails are sent by malicious actors posing to be someone you know asking for help or pertinent information. Phishing is designed to gain access to the victim’s personal information without them knowing. True story – Recently, one of our employees was a target of such a phishing email.  But because of IronCAP X she was able to distinguish between a malicious sender and an authentic sender.

Phishing is the most used hacking technique because the email seems to be coming from a legitimate contact.  He/She is in danger or needs help, and this makes us overlook the obvious warning signs. Here is when IronCAP X comes to use. IronCAP X is the world’s first quantum-safe, end-to-end email encryption and digital signature product. Our end-to-end encryption eliminates the intermediary server aka MITM (Man In The Middle) and our digital signature feature authenticates a legitimate sender from a malicious one. IronCAP X utilizes our patent-pending IronCAP Engine as the underlying cryptographic mechanism to ensure safety against cyber-attacks from not only the conventional world of computers today but also against future attacks from quantum computers.

References:
Forbes article

Among countless cyber breaches, the most shocking cyber failure this week was at Amazon Web Services – the data of more than 10 million users of some of the world’s most used travel websites including Booking.com, Expedia and Hotels.com has been exposed. Researchers at Website Planet reported at least total of 24.4GB of data was compromised.

Data breach is detrimental to the reputation of a company and can cause massive damages in different areas, such as:

1. Disruptions to a company’s daily business operations.
2. Damage to a company’s brand value.
3. Exposure of sensitive, personal and financial information of customers, suppliers and business partners.
4. Potential lawsuits and penalties.

The COVID-19 pandemic has resulted in more data breaches than ever before proving malicious actors are in “full gear”.  The arrival of quantum computers brings them even more power. You need to know the fact that quantum computers can crack the current cryptographic encryption systems such as RSA, in just seconds. A quantum attack will not only compromise your data but also the digital-signature algorithms used to verify the identity of secure web sites.  We need to take control of our data and proactively make it quantum-safe NOW!

IronCAP ‘s unique cryptography is designed to operate on conventional computer systems while at the same time can safeguard attacks from quantum computers. It is proven secure at a hackathon, vetted by industry experts and is low-cost.  To learn more, visit www.ironcap.ca.

References:
AWS

California based enterprise security company Proofpoint said that IT security leaders are ill-prepared for a cyber-attack. Several of their surveys indicate that the lack of data security has put organizations at huge risk for financial and data loss. According to the World Economic Forum between 2019 and 2023, $5.2 trillion in global value will be at risk from malicious actors. The impact of these attacks will be far bigger than just financial loss – reputational damage, downtime, legal fees, compensation and remediation are only a few from the long list of terrible consequences.

Email security is extremely important from a personal and business standpoint. It is a medium that individuals use to communicate and exchange important confidential information. Unfortunately, the most common malicious attack is by phishing aka email fraud. Nearly every computer user has encountered an email fraud with phishing or ransomware in the last 12 months. As each day goes by our security systems are becoming outdated while malicious actors are advancing their techniques and schemes.  You’ve got to act now to prevent or avoid a cyber-attack.

Imagine how awful it would be if a malicious actor has got access to your email account and uses your identity to send out phishing email to your associates?  Why not get some peace of mind from IronCAP X, a proven secure, 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.  It is 2020 and we got to be cyber smart to outsmart malicious actors.  IronCAP X currently provides you FREE personal end-to-end email encryption usage.  Want to know more? Visit: https://www.ironcap.ca/ironcap-x/

Have questions about email security? Reach out on Twitter, LinkedIn or Facebook. We are here to help.

Reference:
Proofpoint article