Wave Systems Corp. (fka WAVXQ)

[Genz2]

Vice Society claims LAUSD ransomware attack, theft of 500GB of data

https://www.bleepingcomputer.com/news/security/vice-society-claims-lausd-ransomware-attack-theft-of-500gb-of-data/

Excerpts:

LAUSD says it enrolls more than 640,000 students, from kindergarten through 12th grade, and it includes Los Angeles and areas from 31 smaller municipalities, as well as some Los Angeles County unincorporated sections.

"We have 500 gb of data from their network," a Vice Society representative later told BleepingComputer on Thursday evening but refused to provide proof of the stolen data.

They also steal data from victims' networks before encryption to later use it for double-extortion, threatening to leak the stolen data if their ransom demands aren't met.
===========================================================
Using Wave VSC 2.0 (MFA) with device authentication, and SEDs with Wave SED management would have saved LAUSD from this disaster!! Wave solutions provide awesome security that is unique in its ability to manage and turn on all the different TPMs and SEDs, yet is interoperable!! Hardware security with Wave that would provide LAUSD and other organizations with superior security!!
===========================================================
Better security at less than half the cost!!

http://www.wavesys.com/wave-alternative

Choose data protection that actually works!!

http://www.wavesys.com/