Ransomware is one of the biggest cyber threats globally - costing organizations billions of dollars.

This global problem has only gained momentum during the COVID pandemic. That’s why our Cybersecurity company, Kapalya, has developed innovative solutions for businesses to proactively prevent and eradicate ransomware. 

With this Encryption Management Platform (EMP) - confidential files are always encrypted. Manage your own keys, encrypt, store and share sensitive data across endpoints, and live a safer digital life. 

Ransomware is one of the largest cyber security threats globally and must be prevented. 

Cybersecurity Ventures expects global cybercrime costs to grow by 15% per year over the next five years, reaching $10.5 trillion annually by 2025, up from $3 trillion in 2015. In some cases, patients at hospitals have died because the hospital systems were breached with ransomware.

Along with this, Cybercrime costs typically include…

Kapalya empowers businesses and their employees to securely store sensitive files at-rest and in-transit across multiple platforms through a user-friendly desktop and mobile application. This ubiquitous encryption solution protects all your corporate data by seamlessly encrypting files on:

• End-points computers/mobile devices
• Corporate servers and public cloud providers
• Users who have the ability to share encrypted files across multiple cloud platforms.
• Integrated with Box, Amazon S3, Microsoft Azure and Google Drive.

The EMP is endpoint and cloud-agnostic, protecting users' files and folders inside and outside of organizational perimeters, on smartphones, tablets, laptops, desktops, cloud storage and local file servers. 

With a built-in data discovery and classification tool, users can scan over 250 file types on laptops and desktops to find files that contain sensitive information. Once these sensitive data files are discovered, they can be encrypted with a simple click of the mouse. 

Users are able to download an agent or mobile app, which performs all user and device authentication and manages all encryption keys in real-time, which are served from a cloud FIPS140-2 compliant key server.

That means these encryption keys are never stored on any endpoints/mobile/cloud storage or file servers - but are instead served when the client agent needs it and are subsequently destroyed after use. This approach significantly reduces the potential for the user to get compromised due to stolen keys and also ensures that if any device gets stolen or misplaced, the data on those devices will not be compromised.  

Advanced Ransomware Countermeasures (ARC) Solution

Advanced Ransomware Countermeasure (ARC) inoculation follows a systematic approach, on endpoints, mobile, cloud, servers, databases, network storage, in real-time. 

1. ARC detects ransomware payloads or packets at the network and device levels. If any are found, we immediately alert SIEM systems, security administrators, central command, and control computers. 

2. ARC can stop zero-day ransomware attacks on the infected system and notify all other computers, servers, cloud storage, mobile device and network storage system. ARC will isolate the infected system and take it off-line to prevent further propagation and infection across the LAN/WAN/INTERNET.

3. After the infected system has been quarantined and isolated, then remediation

algorithms will start. Using ARC’s distributed AI algorithms, all ransomware processes

will be blocked and terminated from the system’s memory, infected files/folders

deleted and active memory purged to eradicate the ransomware/malware.

4. If the ransomware/malware is known, then ARC’s AI algorithms will self-heal the

infected system based on prior knowledge and information. If the ransomware/malware is a zero-day exploit that has never seen before, ARC’s ML algorithms will activate, add that to its database of new exploits and capture it for further analysis.

5. If all of the above fails and the ransomware/malware was still able to encrypt and hijack all the data, then Kapalya’s EMP will be used to recover all data.

ARC will be ready for beta trials in Q2, 2022 with a shipping product in Q3, 2022.

Our business model is an Annual Recurring Revenue (ARR) based for large enterprises and a monthly recurring revenue (MRR) based model for small to medium sized businesses. In the ARR model, customers get dedicated server licenses whereas in the MRR model, customers are in a multi-tenant shared server environment where the servers are shared with other customers. 

It is anticipated to exhibit 10.5% CAGR over the forecast period (2019-2025). 

Enterprise spending on cloud security solutions is predicted to increase from $636 Million in 2020 to $1.63 Billion in 2023 - attaining a 26.5% CAGR.    

Endpoint security tools are 24% of all I.T. security spending, and by 2020 global I.T. security spending will reach $128 Billion according to Morgan Stanley Research. And the global cyber insurance market is forecast to be $8 Billion by 2020, compared to a $124 Billion global cybersecurity market.  

Organizations primarily focus their cyber risk management strategies on prevention by investing in technological frontline cyber defenses. Meanwhile, spending on other tools and resources for cyber risk management, such as cyber insurance or event response training, remains a fraction of the technology budget. 

Source

North America is expected to be the leading region in terms of adopting and developing encryption software. The increasing demand to adhere to stringent regulatory compliances, increasing presence of encryption software vendors, and growing government support are major growth factors for the market growth during the forecast period. 

Kapalya’s EMP solution differs from our competition because each file and folder is assigned their own unique key. This unique feature makes it extremely difficult for any adversary to compromise all of the user's data because they would have to steal all the keys belonging to that user, something that is extremely difficult to do. 

To best display our progress, here’s a look at our list of partners:  

We believe to have the best minds and partnerships within the counter ransomware and counter intelligence community - which we will leverage to become market leaders.

Our strong ties with the US Federal Government give us an advantage over the competition because not only are we backed by them, but they will also become a large customer of our solution which will influence other governments globally to deploy our innovative solution.

We believe we are going places, and together - we can build a safer, more secure future.