The Cost of Cyber Attacks for Companies

Economic consequences of cyber attacks can cost firms up to several hundred thousand U.S. dollars. While there is a difference in the total amount between small and medium enterprises and big companies, it poses an economic threat that should not be underestimated by either one. But what are the expected financial damages and how can Cryptshare help minimizing them?

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Shellshock Bug: Fix available

The recently detected “Shellshock” bug in Linux operating systems could affect Cryptshare 2 Servers. A bugfix is available now to resolve the issue which should be applied to all Cryptshare 2 and Cryptshare 3 Hardware and Virtual Appliances.

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Declining Trust in Online Data Safety can pose a Business Risk

Recent studies have shown that Internet users are increasingly unsettled and mistrusting when it comes to online data safety. With an increasing number of digital espionage incidents consumers lose their trust. This is not only bad for the Internet user but also holds a business risk for enterprises that have to handle and process customer data electronically.

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Important Notice: "Shellshock" security issue

A serious security issue referred to as "Shellshock Bug" has become public. Read more about if and how your Cryptshare system is affected.

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Is the secure line still safe?

In 2013 some big German email and Internet providers started the project “Email Made in Germany”. It is supposed to make electronic communication safer. The connection between senders of emails and the providers, as well as the communication between the participating providers is protected by SSL. By this they create a secure network. Sending an email should be much safer inside of this network than outside. As recent news indicate, it might be not.

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Storing data in the cloud is risky – not only for celebrities

How dangerous storing sensible data in the cloud can be, has been made clear by the recent leak of numerous intimate pictures of celebrities. But data stealing hackers are only one part of the problem – as celebrities and their private photos are only one possible target group. Storing and exchanging data via cloud services is also common among companies and therefore they are potential victims too. At the moment Microsoft is fighting against a court order to reveal its customers’ data to US-Authorities, which makes governments a threat to companies, and their sensible data as well.

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Industrial Espionage on Demand

When it comes to data security not only hackers and other criminals are potential threats for companies. The United States run an agency where national companies can request espionage of foreign companies when competing for public project for example. This so called Advocacy Center of the U.S. Department of Commerce serves as an interface between US-American intelligence services and companies. Its purpose is to improve the competitive situation for domestic industries internationally. While this can be seen as a positive approach for American companies it poses a threat for all foreign competing industries and calls for better protection of corporate communication and data.

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Is e-mail dead?

In an era of social networks, instant messengers and cloud-based file sharing platforms the demise and a farewell to email is often debated in the media. However is email really dead?

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1.2 billion user accounts stolen by hackers

Russian hackers have been able to steal around 1.2 billion passwords with the corresponding usernames. With currently an estimated 2 to 2.5 billion people using the Internet worldwide it can be assumed that a dramatically high percentage of them are affected by this recent attack. Most likely not only privately used services like facebook, dropbox and the like are threatened, but also commercial systems for exchanging messages and files that are secured by user accounts. If encrypted data are centrally saved on a server that is working with static usernames and passwords, only one compromised account is necessary to make a vast amount of sensible data accessible from the outside.

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Automatized analysis of mails by the provider poses a risk for companies

Mail providers like Google search the content of sent mails for certain keywords or content. Officially this is meant to create certain values for the customer and society. One example would be that due to the analyzed content customized and therefore more relevant advertisements can be placed. This option however holds an actual danger – especially for companies: If a company sends an offer to a customer and the content is analyzed and used for customized advertising, the customer could be prompted to look at and buy products from competing companies.

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