FEDERICO SIMONETTI, CTO, TO PRESENT AT 3RD ANNUAL CYBER SECURITY FOR DEFENSE SUMMIT JUNE 28
FEDERICO SIMONETTI, CTO, EXTENUA TO PRESENT AT 3RD ANNUAL CYBER SECURITY FOR DEFENSE SUMMIT JUNE 28
NEW YORK, June 21, 2017 (GLOBE NEWSWIRE) —
“Over the course of the last year, the cyber domain has only become more intense and complicated. Russia, China, and North Korea have made serious progress within cyberspace, making cyber the forefront of conversation as we move into realization of the Force of the Future. We are now up against China’s own specialized military network warfare forces, North Korea’s secretive Bureau 121 hacker unit, other nation-states, hacktivists like Anonymous, and other criminal enterprises,” said Kevin Steinberger, Program Director, Institute for Defense and Government Advancement.
Federico Simonetti, Chief Technology Officer, Extenua, said, “The world has been focusing on several aspects of data security, except not enough on the most critical component: Authentication
- Moving to the cloud requires rethinking the entire Authentication philosophy; what was good within the borders of the firewall-protected LAN isn’t good enough anymore in the cloud
- Delegating authentication and federating active directories only widens the surface of attack
- Punching holes in the firewall to allow “externals” to authenticate is out of the question
- BUT… there is a “right way” to do it, and that’s what I am going to explain at the 3rd Annual Cyber Security for Defense Summit June 28 at 2:50 PM Eastern.”
Steve Visconti, President & CEO, Extenua, discusses Ransomware “In The Boardroom” on SecuritySolutionsWatch.com. “In May 2017, there was a global ransomware cyberattack as has never been seen before. This single attack affected more than 200,000 computers and wreaked havoc on financial institutions, healthcare organizations and transportation to name just a few. To put the problem in perspective, in 2015 the industry saw nearly 3.8 million ransomware attacks, whereas 2016 saw approximately 638 million attacks. 2017 is expected to see a triple digit rise over last year. Additionally, ransomware continues to morph. It is estimated there are over 32,000 variants currently. This is costing businesses billions of dollars and will likely cost lives if the industry does not take active steps to minimize its impact. This is a very serious problem which is why we developed a solution to protect your data in a way which is impervious to current iterations of ransomware,” said Mr. Visconti.
For the complete interview please click here or here:
Extenua has released a most timely white paper about “ransomware”. This free white paper discusses the challenges of keeping ransomware (Cryptolocker, WannaCry, and the like) out of the corporate data storage, whether it is local, in the cloud or hybrid.
CLOUD2DRIVE-PROTECTED ONLINE STORAGE IS IMPERVIOUS TO RANSOMWARE BY USING SILVERSHIELD
“Even in case your systems are infected by a ransomware, you will simply be able to format your computer,
reinstall your operating system, and restore all your data from an always-healthy backup.”
About Steve Visconti, President & CEO
Steve Visconti is responsible for Extenua’s strategic direction and day-to-day business operations. As CEO, Mr. Visconti brings to Extenua over 25 years’ experience in both domestic and international business development, sales, marketing, and management success. Steve’s leadership experience includes top technology companies and startup ventures including Cisco Systems, Inc., Airespace, Ascend, Chipcom, and Banyan Systems. His understanding of technology and market conditions, together with the ability to lead high growth companies and build shareholder value, has contributed to his proven performance record and several successful startup successes.
About Federico Simonetti, Chief Technology Officer, Founder
Federico is a serial entrepreneur and hardcore software designer and developer. In his career he has founded several companies in Europe and in the US, growing them and bringing them to successful exits. Dr. Simonetti is a former professor of Operating System Security at the University of Milan, his areas of major expertise are information security and artificial intelligence. Federico’s recognized deep and broad understanding of computer security, encryption and computer forensics have been called upon by both private and public sector organizations assisting in preventing and solving many crimes from business fraud and anti-terrorism.
Extenua Inc. is an award-winning developer of enterprise security software that provides end-to-end data security for cloud and on-premise storage as well as SFTP server for Windows. Extenua’s customers include Fortune 500 companies IBM, Fujitsu, Boeing, Nokia, Sony, Toyota, Kaiser Permanente, US Bank and Motorola as well as government institutions, security agencies, and thousands of small and mid-size businesses. Additional information about Extenua and Cloud2Drive is available at www.extenua.com Extenua Inc. is a privately-held corporation based in San Jose, California.