Wave Systems Corp. (fka WAVXQ)

[Methinks]

New cybercriminal group BlackMatter called ‘rebranding’ of REvil and DarkSide

https://www.washingtontimes.com/news/2021/jul/29/cyber-researchers-discover-likely-successor-ransom/

Excerpt -

A new cybercriminal group, BlackMatter, has formed as a potential successor to the ransomware gangs responsible for major attacks hitting U.S. critical infrastructure, according to cyber intelligence professionals.

The cyber intelligence company Recorded Future said the BlackMatter group has incorporated features from ransomware gangs REvil and DarkSide.

The REvil group went dark earlier this month after hitting software company Kaseya and its customers, while the DarkSide gang appeared to dissipate after its hit on major U.S. fuel supplier Colonial Pipeline in May.

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Enterprises choose Wave to manage SEDs

https://www.wavesys.com/products/wave-self-encrypting-drive-management

Excerpt -

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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