Meeting Today's Challenges with XSOC Encryption
The ways data can be manipulated are evolving as quickly as the internet. Cyber attackers have innovation, take advantage of timing and tend to understand their targets. In this more connected and risker age, organizations must attach inevitability to the likelihood of a cyber attack and go from there, taking proactive actions and using right technologies, XSOC Corp’s hybrid symmetric encryption engine, to help make their IT systems resilient.
CYBERSECURITY HAS MORE THAN ENOUGH ROOM FOR IMPROVEMENT
While there are many challenges in the cybersecurity sector, there are a couple trends in the current climate that are substantially shifting the direction of cybersecurity and highlighting its deficiencies.
The Ever-Expanding Attack Surface. There is a fluctuating attack environment composed of a proliferation of endpoint variety and locations across all digital infrastructures. The expansion can be attributed to multiple factors, such as the extension of business critical applications to the cloud or the explosion of remote work, but it can be arguably stated that IoT may be the most significant factor.
There are more IoT and IIoT devices than ever before that are trying to access networks, and the smart devices may be spreading faster than they can be secured. The number of IoT devices double every five years. By 2029, there will be an excess of 15 billion IoT devices connected to enterprise infrastructure. This interconnectedness has broadened the attack surface, increasing the number of gaps in security and risks of attacks.
Not only is there a massive amount of IoT and IIoT devices, there is a substantial amount of data transferred to and from the IoT solutions, data that is expected to exceed 200 zettabytes by 2025. When there are so much variance in device types and security standards, protecting the massive attack surface is not easy. It becomes even more difficult when right security tools are not used.
The Evolution and Prevalence of Ransomware. The increased digital transformation of organizations has presented more targets for extortion—and ransomware is the weapon of choice. Ransomware is the more insidious type of advanced persistent threat that can penetrate a system and work undercover for days, weeks or months at a time without detection and then hold data hostage until a ransom is paid.
The first known ransom attack targeted the healthcare sector in 1989. Since then, the different families of ransomware utilize malicious links, phishing, email attachments, compromised systems and other various points of entry to probe for vulnerabilities in internet-connected devices.
Many organizations that are victims of ransomware tend to be at the mercy of the hackers. Based on information regarding disclosed attacks, victims paid at least $350 million in cryptocurrency payments in 2020 in the United States alone. One expert likened ransomware to a business model that is scalable, predictable and lucrative. Current cybersecurity solutions seem to have done little to stem the tide.
EXISTING CYBERSECURITY SOLUTIONS ARE NOT ENOUGH
Public key infrastructure, or PKI, has served as an underlying public key cryptography technology for years to support authentication, integrity and privacy. While it has undergone numerous iterations to address security issues, it is no longer an adequate answer to shoring up security for an organization’s data or to address threats like ransomware.
Consider its use in securing IoT and IIoT devices. Receiving devices in IoT and IIoT networks have to be authenticated within the network. Within the PKI framework, this is done through the use of certificates issued by a centralized Certificate Authority, or CA. The issuance of the certificate by a third party is an area of failure within the system: The third party could be a malicious actor, or hackers can compromise a CA to access user IDs and their permissions.
XSOC IS AN ADVANCED CRYPTOGRAPHY SOLUTION
The XSOC cryptosystem is long-term secure and quantum-safe, with a minimum encryption strength of 512 bits. It uses a hybrid encryption method that combines both symmetric and asymmetric cryptographic algorithms. These algorithms are resistant to attacks by both conventional and quantum computers so that the data it protects can be secure even after a large-scale quantum computer has been constructed.
XSOC offers 56 convenient modes of operation, allow customization to support API/SDK based integration for almost every type of use-case. The XSOC cryptosystem is easily deployable in a wide range of real-world applications in which secure communications and data are essential:
Completely encrypting messaging environment from end to end for text, file systems, binary data and multimedia
Securing data backup for any type of computer file
Long term-data archival, which requires encryption algorithms that will be supported for a long time
Securing data in real time
Streaming of digital media, such as Zoom meetings or high-definition video, that have many technical variables
Encryption situations in which plaintext messaging comes in quantities of unknown length, such as with a secure wireless connection
ORGANIZATIONS NEED BETTER CYBERSECURITY AND CRYPTOGRAPHY
In this new age of cybersecurity, securing networks and related devices is a complicated task. In order to protect themselves from the outset, organizations have to become proactive with their cybersecurity measures; simply responding to a cyber incident is not enough. Get in touch with XSOC Corp today to learn how our solutions, like the XSOC cryptosystem, can help resolve your organization’s communication and data security needs.