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Extenua Leadership, Steve Visconti, President & CEO, And Federico Simonetti, Chief Technology Officer, Discuss Ransomware Solution "In The Boardroom" on SecuritySolutionsWatch.comNEW YORK, May 22, 2017 (GLOBE NEWSWIRE) -- SecuritySolutionsWatch.com today announces a discussion regarding an important ransomware solution with Extenua Leadership, Steve Visconti, President & CEO, and Federico Simonetti, Chief Technology Officer.
Please click here or here: Steve Visconti, President and CEO, said, “Last week there was a global ransomware cyberattack as 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 while 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.” Federico Simonetti, Chief Technology Officer, said, “Ransomware is a type of malware that restricts access to the infected computer system, and demands that the user pay a ransom to the malware operators to remove the restriction. Probably the most famous ransomware, even though not the only one, is Cryptolocker, and it’s certainly something you don’t want to deal with. Regardless of the strenuous efforts put in place by Antivirus developers, the rate of infection is astonishing, and these days it’s becoming even worse with an unprecedented outbreak of infection. To make things even worse, ransomware can also access all the shared folders on your NAS/SAN, so if you backup to a network drive your backups will be compromised too. The ransomware goals include, in fact, preventing you from being able to restore your old (healthy) data from a backup. Ransomware, in general, takes advantage of humans’ natural behaviors, therefore there’s not much that can be done to prevent its action entirely; for this reason, making sure to have an always safe and totally healthy backup is absolutely essential.” Extenua has just 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. Download the complete White Paper (in PDF format) by clicking here or here: http://dl.extenua.com/no-ransomware.pdf CLOUD2DRIVE-PROTECTED ONLINE STORAGE IS IMPERVIOUS TO RANSOMWARE BY USING SILVERSHIELD “Even in case your systems are infected by a ransomware, 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. About Extenua 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 ***** ***** ***** Geo IoT World 2017 Geo IoT World is dedicated to the new location-aware technologies boosting IoT opportunities. Over 2 days, 70 speakers will deliver concrete expertise and use cases to innovate with Geo IoT: from IoT networks such as LPWA, Bluetooth LE or UWB to high precision GNSS, from Beacons and new sensors to “Big GeoData”, the full spectrum of Geo IoT innovation will be addressed. 30 exhibitors and testbed participants will further showcase the power of geolocation in IoT. 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