Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Katana Technologies releases Anti-Ransomware Solution

Following the latest CERT-NZ report which noted a rise of 38 per cent in ransomware attacks over the last quarter, Katana Technologies releases its Anti-Ransomware solution stack.


The Financial losses reported between 1 April and 30 June were $6.5 million, up from the $1.7 million reported in the previous quarter. Thought ransomware attacks can have not only a financial impact to the business and individuals, but reputational and operational loss.

Katana Technologies looks to solve that problem by significantly mitigating the threat of ransomware and other such attacks taking hold with the business, by securing the avenues of attack.

Using the Case study within the latest CERT NZ quarterly report as an example, Steve Rielly, Founder of Katana Technologies shows how any business can ensure it is in a position to significantly reduce the Ransomware Threat.

The example within the CERT NZ report was that of small business, a gym, with close to 1000 clients, where a manager opened what appeared to be a normal business email with a PDF attachment. This PDF was in fact a ransomware file which when opened began to silently encrypt files with the Locky ransomware.

Rightly so, the manager took the advice of their IT provider and did not pay the ransom, though as they did not have backups of the data, suffered data loss as a result. They also had to rebuild all their records while still maintaining the day-to-day operations, a costly exercise for any business, consuming valuable staff time and resources.

The Anti-Ransomware solution stack from Katana Technologies would have stopped this event from occuring, beginning with the opening of the email attachment.

The PDF file when opened would have been secured in a hardware enforced application isolation wrapper, ensuring any malicious payload does not have direct access to the files or operating system. Quite simply the ransomware payload would not be able to encrypt any data to begin with. It may still think it’s working, with the ransomware window appearing, though it would be only within the PDF readers window. Simply Close the window, and the threat is removed with no files encrypted.

If by some very rare occurrence a threat managed to bypass isolation, or accessed the environment by an unprotected avenue, a “Data Sentinel” is monitoring and protecting your critical business files across the network, including remote drives, file shares and cloud storage.

Encrypted files can be restored with a simple “right-click”, and if needed the Operating System can be recovered to a pre-infected state with a reboot.

“The message is clear. No infection, no ransomware, no payment required, business as usual.”

To talk more about how your business and it’s clients can ensure they are taking the right steps to reduce the effects of ransomware, contact Katana Technologies via info@katanatechnologies.net


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Tourism: Travel Bubble With Cook Islands Resumes

Cook Islands tourism restarts today, ending a five-month border closure due to COVID-19. Graeme West, General Manager Australasia for Cook Islands Tourism Corporation, said today’s first flight of quarantine-free travel from New Zealand to the Cook Islands is very significant... More>>

Plant & Food: Research And Lincoln University Part Of Game Changing Gene Discovery
Scientists from Plant & Food Research and Lincoln University have contributed knowledge integral to the discovery of a new gene described as a game changer for global agriculture.
The gene allows natural reproduction by cloning in plants... More>>



ACT: Finance Committee Should Review Changes To Credit Contracts And Consumer Finance Act

ACT Leader David Seymour has written to the Finance and Expenditure Committee, asking it to open an inquiry into the effects of recent changes to the Credit contracts and Consumer Finance Act... More>>


Statistics: Building Consents Hit New Highs In November
There were a record 48,522 new homes consented in the year ended November 2021, Stats NZ said today. This was up 26 percent compared with the year ended November 2020... More>>

Fonterra: Revises Milk Collection Forecast
Fonterra Co-operative Group Limited today revised the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilograms of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS... More>>



ComCom: Clearance Sought For Vocus / 2degrees Merger

The Commerce Commission has received an application for clearance in relation to a transaction that would see the merger of the Vocus Group with 2degrees. Vocus and 2degrees are both telecommunications providers that primarily supply retail fixed voice and broadband services... More>>