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Steel sheet giant Hoa Sen Group hacked by Maze ransomware operators

Security Affairs

The Hoa Sen Group (HSG) was founded in the year 2001, it has 7,100 employees across all its 343 companies and has been earning annual revenue of around $1.18 Maze ransomware operators claim to be in possession of the company’s sensitive data and are threatening to release it. . Hoa Sen Group is the no.1

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Data Encryption for Cloud Backup Security

Spinone

In traditional on-site backup systems security is mainly a physical concern – ensuring data is backed up in more than one location in case of hardware loss or failure and restricting access to the physical backup media to only trusted employees. In cloud backup, security concerns are different.

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Email Provider VFEmail Suffers ‘Catastrophic’ Hack

Krebs on Security

Email provider VFEmail has suffered what the company is calling “catastrophic destruction” at the hands of an as-yet unknown intruder who trashed all of the company’s primary and backup data in the United States. Founded in 2001 and based in Milwaukee, Wisc., data back,” Romero said in an online chat.

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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

AES or the Advanced Encryption Standard was adopted in 2001 by the US National Institute of Standards and Testing (NIST) as the standard for symmetric encryption. The first is data encrypted throughout the lifecycle of use, which is currently more of a goal than a common practice. However, key rotation also adds complexity.

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It’s not ‘See you later.’ It’s ‘Goodbye’: Moving on from Tokenization in the age of Ransomware

CyberSecurity Insiders

data-in-use encryption, is changing the data protection landscape and could spark a cybersecurity movement that dwarfs tokenization in both usage and magnitude of impact. Tokenization was invented a little over twenty years ago in 2001 to address the risk of losing cardholder data from eCommerce platforms.