Don’t take this title too literally. Ransomware, the malware that extorts money from victims to prevent a disaster, will surely continue to be active, at least in the short term.
However, IT security experts have already mooted the possibility of a step up the malware evolutionary ladder to the ransomworm. This malware nasty combines the extortion of ransomware with the propagation of the computer worm.
After infecting one victim, the ransomware would then copy itself systematically to every other machine on the same local network. But why do experts put such a high probability on the ransomworm making its appearance?
You may think that IT security applies to you only if you delivered managed security services. But in fact, security is something every MSP needs to worry about in the managed IT services business. Here's why.
Once upon a time, cybersecurity was a relatively distinct discipline. It could be handled well enough by vendors who specialized in providing security services. MSPs who delivered other types of services left it to the security folks to worry about keeping data and networks safe from attacks.
TOKYO – Toshiba Tec Corporation (TOKYO: 6588) today announced that the document solutions of Nuance, the strategic partner of Toshiba Tec, has been added to its portfolio: AutoStore and Equitrac. Through the strategic partnership with Nuance which is a leading provider of speech and imaging solutions, Toshiba Tec extends its range of document solutions to improve workflows, manage output and help businesses operate more efficiently and securely.
“We will strengthen the partnership with Nuance beginning with integrating AutoStore and Equitrac to our MFP”Tweet this
Nuance’s software solutions optimize and automate document workflows and seamlessly integrate into an existing IT infrastructure. With the Toshiba e-STUDIO MFPs being an essential part of these improved workflow automations, companies benefit from reduced cost and the increased value that MFP has to their business.
Toshiba offers its customers the following Nuance products:
The award-winning capture and creation solution provides a unique experience designed with a responsive and intuitive interface for fast capturing of critical documents from a wide range of points of capture. Information is processed with as little interaction as possible using real-time connections to business systems for rapid and error-free document handling. The possibility to capture both electronic and paper documents and route them to over 50 different document destinations, gives businesses the flexibility they need to create individual workflows which improve efficiency.
Equitrac, one of the world’s most popular print management software solutions, offers business users the flexibility to print what they need and when they need it, while reducing the costs and complexities of deploying a print infrastructure. As user requirements for printing change and IT infrastructure evolves, Equitrac lets businesses easily adapt to these changes with a unique choice of how to deploy printing – using print servers, direct IP printing or a hybrid model that includes both. This allows the creation of tailor-made print environments according to the specific needs of users and business.
“We will strengthen the partnership with Nuance beginning with integrating AutoStore and Equitrac to our MFP,” says Isao Sugehara, Chief Marketing Executive of Toshiba Tec Printing Solutions Business Group. “The strategic alliance with Nuance will enhance Toshiba’s solutions, and we believe it will enable our customers to operate their business more efficiently.”
* The availability of these products varies from country to country.
About Nuance Communications, Inc.
Nuance Communications, Inc. is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance’s proven applications. For more information, please visit www.nuance.com.
About Toshiba Tec
Toshiba Tec Corporation is a Toshiba’s group company, a leading provider of technology solutions, operating across multiple industries – ranging from retail, education and business services to hospitality and manufacturing. With headquarters in Japan and over 80 subsidiaries worldwide, Toshiba Tec Corporation helps organizations transform the way they create, record, share, manage and display information.
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Integration of blockchain technology with Thales Hardware Security Module addresses key distributed ledger risks for financial services, government, healthcare and other sectors
NEW YORK & LONDON & HONG KONG – Accenture (NYSE:ACN) has unveiled a patent-pending solution that simplifies the ability of blockchain technology to integrate with the industrial-grade security systems that support sectors including financial services, healthcare and government. The solution creates a developer-friendly interface between emerging blockchain platforms and widely used hardware security technology. Accenture cooperated with Thales – whose hardware is currently used by most major banks globally to secure records and assets from cybertheft – to develop the solution.
“The opportunity to benefit from blockchain technology within sectors like financial services and healthcare depends on an ability to protect digital keys using conventional standards of security”Tweet this
Hardware security modules (HSMs) are crypto-processors that securely generate, protect and store digital keys. Keys stored in the Thales HSM architecture cannot be extracted or used except under a highly controlled protocol. The new solution is based on the widely used nShield HSM developed by Thales and creates a simple path to large-scale commercial use of blockchain technology.
“Blockchain is quickly maturing across industries and is set to profoundly change how businesses operate,” said Simon Whitehouse, senior managing director and head of blockchain technologies at Accenture. “But current applications cannot meet the high security standards of most mission-critical IT infrastructure. That is because the digital keys used to secure and validate messages and transactions historically have proven vulnerable to network attacks. Our solution provides the same kind of physical security that banks have relied on for decades to keep money and transaction records safe from cyberthieves. It will clear a wider path not only for banks but for governments, insurers, healthcare providers and others to do real-world deployments of blockchain technology.”
Currently, blockchain-based systems typically rely on “cyberwallets” to store digital keys for blockchains. But because those keys typically reside on software servers, they can become vulnerable to network breaches of the kind that have occurred on cryptocurrency exchanges in recent years. The solution makes it extremely difficult if not impossible for digital keys to be misappropriated because they are stored in physical isolation from IT networks and are architected with highly sophisticated, deterministic security mechanisms. In addition, the platform need only be installed once, allowing companies to secure each of their blockchain applications using the same solution – regardless of which blockchain software or application they use – versus crafting a code interface for each solution.
Jon Geater, Chief Technology Officer at Thales e-Security said, “The possibilities for blockchain are endless. In the financial sector everything from transactions to contracts and deeds could use a blockchain to legitimize and simplify the settlement process, and industries such as healthcare and federal government also stand to benefit from this technology. However, in order for blockchains to work, we need to believe and trust them, which means every participant must agree and anticipate how they will take part in the chain. Unfortunately innovation and vulnerability very often go hand-in-hand. Accenture has built trust and security into the technology of the chain itself, using Thales HSMs to protect the chain and prevent any nefarious activity. Thales continues to invest in blockchain delivering the ‘root of trust’ to this emerging technology.”
“The opportunity to benefit from blockchain technology within sectors like financial services and healthcare depends on an ability to protect digital keys using conventional standards of security,” said David Treat, managing director, financial services blockchain lead at Accenture. “While there have been bespoke blockchain integrations with HSMs before, this solution offers a simpler and more flexible standard to connect blockchain platforms with the leading HSMs. We are committed to delivering these types of real-world innovations that will serve as the stepping stones to make blockchain technology a reality for large-scale enterprises.”
The solution used Fabric, a Hyperledger technology and can be adapted for other leading blockchain technology platforms. Hyperledger is a global, open source collaborative effort of more than 100 major companies focused on advancing cross-industry blockchain technologies.
Many security-conscious institutions rely on HSMs to safeguard and manage their digital keys and protect things like ATM machines, mainframe operations, point-of-sale (POS) machines and to verify and sign SWIFT messages – they are used in virtually any application that requires secure, verified digital signatures. While most people have no idea of the role of an HSM in securing sensitive information, it’s a technology used every day. For example, HSMs in a bank’s data center are used to validate your PIN when you withdraw cash from an ATM, or validate the transaction cryptogram when your purchase goods at a merchant POS terminal – in both cases only the HSMs under the bank’s control have access to the correct keys to perform the secure processing. Some of the benefits of an HSM include:
- Keys are stored within secure HSM boundary: the keys always live inside the secure, certified HSM boundary vs. in software or on a hard drive where they are vulnerable to attacks.
- Tamper–resistant hardware: FIPS 140-2 Level 2 and 3 certified HSMs are tested to stringent standards and are extremely difficult to access by unauthorized users.
- Sophisticated cryptography: HSMs use a certified, cryptographically secure random number generator to create keys, providing superior quality keys than a typical computer system.
About Thales e-Security
Thales e-Security is the leader in advanced data security solutions and services, delivering trust wherever information is created, shared or stored. We ensure that company and government data is secure and trusted in any environment – on premise, in the cloud, in data centers and in big data environments – without sacrificing business agility. Security doesn’t just reduce risk, it’s an enabler of the digital initiatives that now permeate our daily lives – digital money, e-identities, healthcare, connected cars and with the internet of things (IoT) even household devices. Thales provides everything an organization needs to protect and manage its data, identities and intellectual property and meet regulatory compliance – through encryption, advanced key management, tokenization, privileged user control and meeting the highest standards of certification for high assurance solutions. Security professionals around the globe rely on Thales to confidently accelerate their organization’s digital transformation. Thales e-Security is part of Thales Group. www.thales-esecurity.com
Thales is a global technology leader for the Aerospace, Transport, Defence and Security markets. With 62,000 employees in 56 countries, Thales reported sales of €14 billion in 2015. With over 25,000 engineers and researchers, Thales has a unique capability to design and deploy equipment, systems and services to meet the most complex security requirements. Its exceptional international footprint allows it to work closely with its customers all over the world. www.thalesgroup.com
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
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