Credit: Crain’s Cleveland Business
Crain’s Cleveland Business recently published an article on the growth of Binary Defense.
Binary Defense CEO, Mike Valentine, explains how hackers are using different methods of attacks. “Today’s savvy malware perpetrators offer customer-support lines to help their victims figure out how to buy cryptocurrency, like bitcoin, to pay the ransom. They often will negotiate ransom fees or files to be decrypted. Some offer immunity packages to ensure victims can’t get hit again.”
Binary Defense offers Endpoint Detection and Response (EDR) service which places “nano-agents” on corporate laptops, desktop terminals and servers throughout an organization. EDR software identifies suspicious behavior and allows companies to remotely lock down any endpoint that might be compromised to prevent an attack.