ResourcesBlogData privacy news

Data Extortion is Real. So is the Protection.

Hackers have moved from Ransomware to Data Extortion. The good news is you can ignore them. Congratulations. You hardened your systems against ransomware.

Matthew Fleck, Founder & CEO2 min read

We have your customer's data. Pay up or else!

Hackers have moved from Ransomware to Data Extortion. The good news is you can ignore them.

Congratulations. You hardened your systems against ransomware. Now, if you are hit, you can restore your systems and don’t have to pay. Well done.

However, hackers have morphed into extortionists. They know you can easily restore your systems. So instead, hackers now blackmail the organizations whose data they stole, and threaten to expose that data if their demands are not met.

In the never-ending game of cat-and-mouse between hackers and the security community, data extortion is the latest and most troubling evolution. Having your confidential business data exposed is bad enough but how will your customers, patients and clients react when you are responsible for their private and confidential data being exposed to the world? Worse yet, what happens when the hackers learn to scale and blackmail each of your customers individually? Are you ready for that level of liability?

The good news is that there is a way for you to immunize yourself against this threat.

When you implement Anonomatic’s PII as a Service® you deny hackers any ability to extort you or your customers.

Healthcare, Financial Services, Telecom and Retail organizations, in both the U.S. and internationally, implemented Anonomatic’s PII Vault®. These organizations have unprecedented levels of security and comfort you do not have. This is because if their PII Vault-protected systems are breached, the hackers will not find one byte of PII (Personal Identifiable Information).

It is impossible to blackmail someone when you don’t know who they are.

If you are concerned about data extortion (and you should be), then you should not be asking yourself how you can lock down and protect your identified data even more, you should be asking yourself how you can get all the value you need out of your data when there are no identifying values in it. Anonomatic can answer this question for you.

Reach out to us at sales@anonomatic.com and we will show you exactly how you can do that.

Keep reading

More on data privacy news.

All posts

  1. Data privacy news

    Data Security with Optionality

  2. Data privacy news

    RSA on Life Support, You Still Have Time to Protect Your Data

    The hottest data security discussion topic last week was the claim that RSA encryption had been effectively hacked. While RSA isn’t dead yet, it is effectively on life support…

  3. Data privacy news

    Post Quantum Resistance with Multi-dimensional Result Factoring

    Chances are, you’ve never heard of Multi-dimensional Result Factoring (MRF). That’s because it’s brand-new technology in data protection…

Use your sensitive data without giving up privacy.

Tell us what you need to do with your data. We’ll show you how Anonomatic can help protect it.