Egnyte Protects Companies From Local and Cloud-based Ransomware Attacks

Stopping the number of ransomware attacks and data breaches should be the top priority for every enterprise in existence. Egnyte Protect is on the right track, as they offer a brand new service which provides access control and blocks harmful software at the same time.

Egnyte Protect Targets Cloud and Home

Ransomware and data breaches

are a severe threat to every business and individual user connected to the Internet. Hackers are becoming apter at infecting computers with malicious software, as well as bypass database security to steal sensitive information. Most businesses are evolving to cloud-based services, which make it all but impossible to properly manage stored data.

Egnyte is looking to change all of that, as they will focus on selective encryption and control over data residency moving forward. What makes this particular solution, so appealing is how local storage and standard cloud storage services at the same time. All files will have specific rules applied to them based on the metadata associated with the data.

Moreover, Egnyte Protect is being deployed as-a-service, making use of cloud-provided computational power. On the topic of rules related to every file, there will be a mix of manual policies and automated analytics-based rules. However, customers will be able to customize these details as they see fit.

Related Post

This dual-pronged approach by Egnyte gives it a competitive edge over other companies providing data protection. By using the cloud to their advantage, the company can obtain better analytics to fine-tune its product over time. But there is more, as the software-as-a-service is also capable of detecting CryptoLocker ransomware.

It will be interesting to see how the Egnyte Protect service evolves over time. The enterprise is definitely on the right track by offering protection for both home and the cloud at the same time. Unfortunately for consumers, this software is only available to enterprises, and there is no freemium model available.

Source: Ars Technica

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Polkadot and Stacks Bounce Back: BlockDAG’s $600M Growth Strategy for 2024

Cryptos to Buys Now: BlockDAG's $600M Strategy for 2024: Polkadot Recovers as Stacks’ Analysts Predict…

2 hours ago

BDAG’s Piccadilly Display Surpasses Uniswap & Aave

BlockDAG's Dazzling Piccadilly Circus Celebration: CoinMarketCap Listing and $30 Goal for 2030, Outshining Uniswap &…

6 hours ago

Ethereum’s Dominance Challenged: Newcomer Set to Disrupt the Status Quo

Ethereum's market dominance is facing a formidable challenge from newcomers promising to shake the foundations…

12 hours ago

BlockDAG Expands Payment Methods And Grants 30,000X ROI Among Shiba Inu’s Burn Rate Increase And BNB Market Challenges

In the volatile cryptocurrency market, Shiba Inu is implementing measures to enhance its value through…

13 hours ago

Can Traditional Metaverse Cryptos Like Decentraland and the Sandbox Compete with AI Cryptos Like Raboo?

Decentraland and Sandbox are top metaverse projects backed by blockchain technology. They provide virtual realities…

16 hours ago

3 Top Crypto Gems That Could Turn $100 Into $10,000 in the Altcoin Season

Following the increasing adoption of decentralized finance (DeFi) and its services into the mainstream sector,…

16 hours ago