Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    NEW LIGHTCYBER AND AYEHU INTEGRATION STOPS NETWORK SPREAD OF RANSOMWARE

    NEW LIGHTCYBER AND AYEHU INTEGRATION STOPS NETWORK SPREAD OF RANSOMWARE

    Published by Gbaf News

    Posted on August 2, 2016

    Featured image for article about Top Stories

    LightCyber, a leading provider of Behavioural Attack Detection solutions and Ayehu Software Technologies, a leading provider of enterprise-grade automation and orchestration solutions for IT and cyber security incident response automation, has announced an integration between the LightCyber Magna platform and the agent less Ayehu eyeShare solution to both detect the attempted network spread of ransomware and automatically quarantine the affected computers, shutting down the attack.

    David Thompson Sr Director of Product Management LightCyber

    David Thompson Sr Director of Product Management LightCyber

    A recent interagency report from multiple Federal government agencies, including the CIA, NSA and Department of Homeland Security, shows that since 1 January 2016 there have been over 4,000 reported ransomware incidents per day in the US, over three times the number of daily incidents reported in 2015. Businesses and organisations have been crippled by network outbreaks of ransomware. The Hollywood Presbyterian Medical Centre reportedly lost more than $100,000 per day and could not serve urgent medical needs due to an inability to perform such computationally-intensive services such as CT scans because of being locked down due to a ransomware infestation.

    “Ransomware is a scourge on the life blood of businesses and vital services once it moves beyond a single infected computer to infect all computers and storage devices on a network,” said David Thompson, senior director of product management, LightCyber. “LightCyber Magna detects targeted or opportunistic attempts to spread ransomware from a single computer across the network. With this new integration, Magna alerts eyeShare which can then automatically quarantine the infected computer.”

    “Stopping the network spread of ransomware requires quick, decisive action based on accurate detection,” said Guy Nadivi, director of business development, North America, Ayehu Software Technologies. “Now a confirmed alert from Magna can trigger eyeShare to orchestrate an Automated Security Playbook policy designed for swift remediation that can stop the attempted network spread of ransomware in its tracks.”

    The LightCyber Magna platform thwarts ransomware attacks by detecting:

    • Communication from ransomware to command and control servers
    • Encryption of files on network drives and file shares
    • Reconnaissance and lateral movement activity in spreading ransomware across the network to other computers and storage devices
    • Ransomware processes on hosts using LightCyber’s unique Pathfinder agentless endpoint interrogation and the Magna Cloud Expert System for malware analysis

    Once LightCyber Magna has detected a ransomware attack, it sends an alert to Ayehu eyeShare. Ayehu eyeShare can be configured to automatically isolate or quarantine the compromised machine to contain the attack and prevent network-wide damage.

    LightCyber Magna and eyeShare from Ayehu Software Technologies are immediately available. 

    LightCyber, a leading provider of Behavioural Attack Detection solutions and Ayehu Software Technologies, a leading provider of enterprise-grade automation and orchestration solutions for IT and cyber security incident response automation, has announced an integration between the LightCyber Magna platform and the agent less Ayehu eyeShare solution to both detect the attempted network spread of ransomware and automatically quarantine the affected computers, shutting down the attack.

    David Thompson Sr Director of Product Management LightCyber

    David Thompson Sr Director of Product Management LightCyber

    A recent interagency report from multiple Federal government agencies, including the CIA, NSA and Department of Homeland Security, shows that since 1 January 2016 there have been over 4,000 reported ransomware incidents per day in the US, over three times the number of daily incidents reported in 2015. Businesses and organisations have been crippled by network outbreaks of ransomware. The Hollywood Presbyterian Medical Centre reportedly lost more than $100,000 per day and could not serve urgent medical needs due to an inability to perform such computationally-intensive services such as CT scans because of being locked down due to a ransomware infestation.

    “Ransomware is a scourge on the life blood of businesses and vital services once it moves beyond a single infected computer to infect all computers and storage devices on a network,” said David Thompson, senior director of product management, LightCyber. “LightCyber Magna detects targeted or opportunistic attempts to spread ransomware from a single computer across the network. With this new integration, Magna alerts eyeShare which can then automatically quarantine the infected computer.”

    “Stopping the network spread of ransomware requires quick, decisive action based on accurate detection,” said Guy Nadivi, director of business development, North America, Ayehu Software Technologies. “Now a confirmed alert from Magna can trigger eyeShare to orchestrate an Automated Security Playbook policy designed for swift remediation that can stop the attempted network spread of ransomware in its tracks.”

    The LightCyber Magna platform thwarts ransomware attacks by detecting:

    • Communication from ransomware to command and control servers
    • Encryption of files on network drives and file shares
    • Reconnaissance and lateral movement activity in spreading ransomware across the network to other computers and storage devices
    • Ransomware processes on hosts using LightCyber’s unique Pathfinder agentless endpoint interrogation and the Magna Cloud Expert System for malware analysis

    Once LightCyber Magna has detected a ransomware attack, it sends an alert to Ayehu eyeShare. Ayehu eyeShare can be configured to automatically isolate or quarantine the compromised machine to contain the attack and prevent network-wide damage.

    LightCyber Magna and eyeShare from Ayehu Software Technologies are immediately available. 

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe