HolistiCyber Offers Protection Against WannaCry Ransomware
In May 2017 what is believed to be the biggest ransomware campaign yet hit hundreds of companies around the globe. Identified as a variation of WannaCry ransomware, it blocks access to the victim’s computer system and files and demands a payment of as much as US$300 per computer to unblock it. Once a single computer is infected with the ransomware, it searches for other vulnerable computers in the network and infects everything in its path. Because of vulnerabilities in Microsoft products after a Windows exploit was recently hacked from the NSA, the dangerous campaign is spreading at an astounding pace. In only a few hours more than 45,000 computers in at least 74 countries were infected.
Cyber Attacks Could Bring the World to Its Knees
This particular attack affected 16 UK hospitals to such an extent that they had to shut down work. In Spain over 85% of the country’s main telecommunications firm Telefonica was infected. These hackers are turning out to be a powerful global threat. With cyber attacks not only increasing in frequency but also in severity, it is becoming clear that significant investments in cyber defence technologies should be made. End-to-end holistic cyber security solutions have to be implemented to ensure safety from this massive threat.
World-Class Cyber Protection
HolistiCyber delivers integrated defence options with the express aim of keeping clients safe from highly sophisticated hackers. I co-founded the company in 2016 together with brigadier general Ran Shachor and former air force officer Moshe Ishay. All employees are former military intelligence, both Israeli and American. As a company, we focus on developing cyber solutions for advanced protection against cyber attacks on a wide variety of fields including the insurance industry, credit companies and more. Our main markets are the US and Europe. With a comprehensive service portfolio, HolistiCyber is equipped to identify, prevent and neutralize all major security threats.
Cyber-security company HolistiCyber have formed an exciting new cyber-security partnership with the highly respected risk management and data security company Parker Fitzgerald. Using the key skills and experience of both entities, this innovative partnership aims to equip banks and other financial organizations with every resource they will need to protect their essential data against a growing number and range of attacks from cybercriminals. The new project was initiated by Shimon Sheves, joint founder and chairman of HolistiCyber, who sees it as a major step forward in the vital task of defending banks against these attacks.
The Changing Threat Landscape
It’s hardly surprising that cybercriminals tend to see banks as tempting targets, both because of the sums involved and because of the specific weaknesses that can often be found in their IT and data systems. Banks are naturally doing their best to protect the sensitive information they hold regarding customers, employees and others. Because their core skills are focused elsewhere, though, they need the best available outside expertise to keep up to date and properly address a threat environment that is continuously changing. This is confirmed by high-profile recent attacks, which collectively confirm that current protection standards are lagging behind the capabilities of the criminals who are intent on breaching security systems. The unfortunate fact is that these threats are highly complex, well planned and very much on a level that would previously have been associated more with attacks on nation states. Another worrying factor is the potential of the “dark net” to provide growing numbers of would-be attackers with the information and technology that will enable them to carry out their harmful plans.
Combining Proven Resources Leads to Greater Security
This is why Shimon Sheves, whose stellar CV includes overseeing the Israeli Prime Minister’s office for the late Yizhak Rabin, is so enthusiastic about the new project his company is undertaking jointly with Parker Fitzgerald. With the latter company’s proven success in the field of strategic risk management (particularly with reference to the banking sector) combined with HolistiCyber’s position as a trusted provider of cybersecurity solutions, the new undertaking will not only provide much-needed data security but will do so with particular attention to the specific needs of financial organisations. Sheves highlights the extensive expertise that the new venture will draw on since many of the analysts and operatives involved received their training from the Israeli armed forces. The expertise of both firms in the new project means that this unparalleled expertise will be blended with deep knowledge of the particular risks that confront the banking sector. This combination underpins Sheves’s firm belief that the partnership has game-changing potential and will help to map out a secure future for banks and their data systems.
The vital point is that the partnership between HolistiCyber and Parker Fitzgerald will enable client organizations to be fully aware of and protected against the particular threats that such institutions face in a rapidly changing cyber-crime landscape. This is surely the best possible news for banks and their customers. The only people who will have to worry, it seems, are the cybercriminals whose threats will be identified and counteracted.
HolistiCyber is a global leader in Cyber Defence and delivers advanced cybersecurity defense strategies to leading financial institutions around the world.Our certified experts are cybersecurity veterans of the intelligence branch of the Israel Defense Forces (IDF). They are world-class experts who have served at the front-line of critical nation-state cybersecurity offensive and defensive operations