Wave Systems Corp. (fka WAVXQ)

[Genz2]

Over 500% Increase in Ransomware Attacks Against Businesses

https://www.bleepingcomputer.com/news/security/over-500-percent-increase-in-ransomware-attacks-against-businesses/
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https://www.prnewswire.com/news-releases/drive-trust-alliance-announces-free-fix-for-lurking-ransomware-threats-300569969.html

Excerpts:

There are many millions of computer hard drives, from every hard drive maker, that are especially open to devastating ransomware attacks. These drives are known as a TCG Self-Encrypting Drives (SEDs). If they are not properly initialized, there can be trouble with ransomware attacks. If these are properly initialized, there is little or no danger of these ransomware attacks.

For over a decade these SED drives have been in distribution. All too often, software does not properly initialize the drives to prevent ransomware attacks. The hacker can then instantly employ the strong hardware drive encryption to encrypt the data on it.
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https://www.wavesys.com/products/wave-self-encrypting-drive-management

Enterprises choose Wave to manage SEDs

Why? From our single console, you can manage all your organization’s self-encrypting drives (SEDs) easily and remotely, whether they number in the hundreds, or hundreds of thousands.

SEDs are the most secure, best-performing and most transparent encryption option for protecting data on laptops. These drives automatically encrypt all data written to the drive, so you don’t have to decide what’s important enough to encrypt. They also perform this encryption in the hardware of the drive, so you don’t end up with the performance issues software full-disk encryption is infamous for. SEDs are available as HDD or SSD, and are sold by most major drive manufacturers.

Wave’s management solution delivers remote drive initialization, user management, drive locking, user recovery and crypto-erase for all Opal-based, proprietary and solid-state SEDs.
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Contrary to articles a few weeks ago, ransomware is an increasing liability and found across more and more organizations as referenced in the article above. Wave SED management can deliver remote drive initialization, and if this is done there is 'little to no danger of these ransomware attacks.' The crypto-erase feature is another great feature of Wave SED management and is included in the previous post (#245700)!!! These are two great selling points for Wave SED management!!!