Wave Systems Corp. (fka WAVXQ)

[Genz2]

Amazon Web Services Customers Can Hack AWS Cloud And Steal Data, Says Oracle CTO Larry Ellison

https://www.forbes.com/sites/bobevans1/2018/10/26/amazon-web-services-customers-can-hack-aws-cloud-and-steal-data-says-oracle-cto-larry-ellison/#a52553376cfb

Excerpt: "One customer can see the other customer's data, Amazon can see your data, and the customer can change the Amazon code and hack the system," Oracle CTO Larry Ellison said last week.
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An Amazon AWS customer could protect him/herself by using Scrambls and a great two factor authentication product like Wave VSC 2.0. imo.
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Protect Content in the Cloud with Scrambls for Files

Scrambls Brings Privacy & Control to Social File Sharing with Instant Encryption

https://www.wavesys.com/buzz/pr/protect-content-cloud-scrambls-files

Palo Alto, CA -

November 13, 2012 -

Today scrambls announced Scrambls for Files as the next enhancement to the free service designed to allow you to control your social media, manage your online privacy, and decide who to share with. Scrambls for Files brings the power of scrambls into Microsoft Windows, for easy encryption of all types of files and folders before they are sent over the open Web.

Cloud storage and social media services have become increasingly prevalent in the market, with consumers quick to embrace the benefits. Yet there are vulnerabilities in the current model of uploading information into the cloud, and then trusting third parties to apply the proper privacy, security and authentication policies. Scrambls for Files brings a more secure method of data transfer for sharing files and folders anywhere you happen to be on the Web. With scrambls, users even maintain control to change who can read messages and files even after the fact.

“This is an important solution to consider for anyone that wants to safely and securely use cloud storage services like Dropbox™ or Microsoft SkyDrive™. Only members of your specified scrambls groups are aware of and can access the content, and you maintain the dynamic control to change those permissions anytime,” said Michael Sprague, scrambls co-creator. “Cloud storage and social media services see only the encrypted data, and we don’t even see it here at scrambls—we only manage the keys and groups as a trusted third party.”

The power lies in the dynamic groups offered by scrambls. Users choose exactly who can see and read anything scrambled, by forming groups (based upon email address, Facebook contacts/groups, etc.). With the same simplicity of scrambls text messages, users just choose what individuals or groups are permitted to read a file. Scrambls will decrypt and display both text and files. Retract messages and/or files by changing the groups or individuals authorized; schedule a specific time for messages and files to appear or expire; and much more.

“Scrambls can be used to encrypt your posts and files for enterprise-caliber protection wherever they travel across the networked social web,” continued Sprague. “Secure what you place in cloud storage and take control over who can read sensitive information. The keys to unlock your encrypted data remain separate from the content, only to be brought back together when the people you authorize look to pull that message down from the cloud. Everyone else will only see scrambled text.”

While encryption concepts are not new, they’ve traditionally been a burden to use. The simplicity and power of scrambls’ groups mechanism sets it apart. Sharing scrambled files does not require circulation of a password or management of enterprise encryption key servers. Users simply choose who is authorized to read anything and those people or groups are granted rights—all they need is a scrambls account of their own.

Scrambls is a platform that can be used with any service, to add the protection of scrambls into any web service and infrastructure you already know and use (Facebook, DropBox, email, Active Directory, etc.). The new model of information sharing supports file and folder encryption for all Microsoft Windows platforms.

Introducing Scrambls Professional for Power Users:
Scrambls continues to introduce more functionality, expanding what users can do with their groups & connections. Scrambls for Files is the latest of these innovations, following the recent Facebook Integration for login and group creation and several mobile apps.

With Scrambls for Files, a premium offering of scrambls will be introduced for heavier usage that brings added benefits to scrambls’ most active users. Scrambls is committed to keeping basic use free for any consumer to secure their social communications over the open Web. The professional version allows unlimited use of Scrambls for Files, along with more features and functionality that are yet to come.