Cyber Defense eMagazine December Edition for 2021

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If you’re running a business, then the number of documents and records that you need to keep track of grows exponentially. And the more you’re relying on paper-based processes, the less efficient your business will be on a day-to-day basis – especially if your business is geographically dispersed across multiple locations, or, like so many businesses today, you have employees working remotely. Ditching those bulky filing cabinets and replacing them with digital files that are quickly and easily searchable and accessible will enable you to save time, improve productivity and reduce operating costs now, while also putting you in good stead for the future. Of course, it’s one thing to have digital records of all your documents. But the real question is how you can store and share these files securely, because if you can’t do that, you may as well have just set all that paper on fire yourself. And perhaps most importantly, you need to ensure that the right people – and only the right people – are able to access those files when you’re not around to share them anymore. Because ultimately, that’s what your digital legacy is all about. Clouding the issue: Securing your digital legacy To get value out of going digital, you need to store your files in a system that’s both easy to manage and truly secure. This is something I found out the hard way. I was working as an accountant when my father passed away from pancreatic cancer in 2010, leaving me with the task of rounding up and managing his will, superannuation details and other legal documents and files for my mother. Losing a loved one is extremely hard – in some cases, it might be the hardest thing you ever go through. And, though it’s never been easier to digitise our documents, it can be overwhelming for our next of kin to track down and gain access to these documents at a time when they’re already distressed. It’s not something we tend to think about – or, for that matter, something we want to think about – but it’s important that we can easily pass on this information when we pass away. Knowing that data storage devices like hard drives and thumb drives were no safer in the event of a natural disaster than paper documents (and much easier to lose), I went looking for a secure cloud-based solution – and ended up having to create my own. I didn’t want other people to have the same challenges that I did in such a difficult time. I was also thinking about my accounting clients at the time. What if something happened to me? I had ownership of all their business strategy and financial documents, which they likely wouldn’t have gotten back. That could have crippled their businesses. I thought there had to be a solution on the market that enabled businesses and individuals to own their data; to create digital documents that would stand up in court as well as the paper-based originals; and to nominate a party or parties to be able to access the documents in the event of a loss. But I found that this technology and this level of security simply did not exist, so I set off on my journey to create both. Cyber Defense eMagazine – December 2021 Edition 120 Copyright © 2021, Cyber Defense Magazine. All rights reserved worldwide.
I worked with cybersecurity experts, mathematicians and encryption specialists to develop Cryptoloc’s patented three-key encryption technology, which combines three different encryption algorithms into one unique multilayer process, and deployed it across several products. One of those products is Cryptoloc Cloud, a secure cloud storage service, which enables users to safely store, edit, share and sign documents with complete confidence; files can only be accessed by the people the user authorises; and every change is tracked. These fully encrypted documents can then be sent to clients, customers, lawyers, government departments and anyone else who needs them, directly from Microsoft Outlook. But what I’m proudest of is that Cryptoloc Cloud enables users to create a true data legacy – their files are preserved, but not just anyone can access them. Instead, files can only be accessed by users nominated by the deceased before their passing. This is a feature that any cloud storage service that’s serious about preserving a person’s digital legacy needs to offer. In our case, the system enables users to nominate a person – such as a loved one or executor – to access their data in the event of their death, incapacitation, or another trigger event of their choosing. Users can nominate the person to be able to access as many, or as few, of their files as they like – if they don’t want to hand over their entire digital legacy to one person, they can specify which of their drives they’d like them to receive, and/or nominate multiple people. Cryptoloc isn’t the only cloud storage service to consider a user’s digital legacy. Google’s Inactive Account Manager, for instance, enables users who have data saved on Google services to assign their data to a digital executor when their account become inactive, and Apple have just introduced a Digital Legacy feature that enables users to set a person as their Legacy Contact, giving that person access to their Apple ID account and data after they die. I’m pleased to see more services realising the importance of a Digital Legacy feature, but many cloud storage providers still don’t offer one. Instead, users are required to include an e-register of digital assets with their will, despite the fact that digital estate planning legislation is largely uncharted territory, and the legal rights that apply to our physical possessions or financial assets don’t yet apply to our digital assets in most jurisdictions. Some services actively prohibit the sharing of usernames and passwords, and the transferring of data between accounts – so leaving it to the courts to enforce your wishes is a legal minefield. The benefits of being able to simply nominate someone to inherit files you’ve stored in the cloud, directly through the service itself, are obvious. For instance, if you’re an estate lawyer, you can assist your clients to set up their own data legacy, and nominate you – or a loved one of their choosing – to receive their will and their other legal documents upon their passing. Conversely, you can ensure that the documents you’re holding onto yourself can be safely passed on to another lawyer, or to your clients themselves, when the time comes. Cyber Defense eMagazine – December 2021 Edition 121 Copyright © 2021, Cyber Defense Magazine. All rights reserved worldwide.
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9 Ways Social Media Sabotages Your
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How Do You Secure the Modern Supply
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With over 4 billion users, social m
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Unsecure Mobile Networks When using
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However, as concerning as these pra
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Danny Lopez, CEO, Glasswall “Duri
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estoring data. Modern organizations
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When Diplomacy, Finance and Tech Co
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Another way leaders can take initia
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How Covid-19 Changed Advertising Fo
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However, this shift might not be su
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Why MFA Alone Isn’t Enough for Tr
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just highlights how vulnerable most
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on channels like email. This starts
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3 Best Practices to Avoid Inevitabl
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For example, an employee may become
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and outcomes is essential for proje
Page 69 and 70: Electric Vehicle Charging: The Next
Page 71 and 72: Going forward, EV dealers, charging
Page 73 and 74: How does this relate to MFA? Well,
Page 75 and 76: constant exposure of countries to a
Page 77 and 78: Why do you need a malware sandbox?
Page 79 and 80: Multi-Cloud Security and Compliance
Page 81 and 82: If security controls are not consol
Page 83 and 84: How Do You Secure the Modern Supply
Page 85 and 86: The case for isolation Supply chain
Page 87 and 88: Don’t Take Yourself Out of The Ga
Page 89 and 90: The U.S. Government Accountability
Page 91 and 92: assessment criteria for the tasks f
Page 93 and 94: the file. This was a great techniqu
Page 95 and 96: the wake of the pandemic where the
Page 97 and 98: Certain communications are protecte
Page 99 and 100: At Salt Communications we work with
Page 101 and 102: And it’s only getting worse. If y
Page 103 and 104: The benefits are great When HDOs ha
Page 105 and 106: 4 Pillars of Privacy-Preserving AI
Page 107 and 108: concern and a desire to be cautious
Page 109 and 110: and stay safe online. That’s why
Page 111 and 112: 2. Enabling over-the-horizon threat
Page 113 and 114: Techniques Used by Hackers to Bypas
Page 115 and 116: Phishing scams avoid email security
Page 117 and 118: ATO Detection Account takeover bene
Page 119: How To Protect Your Digital Legacy
Page 123 and 124: Sextortion Email Scams What to Do a
Page 125 and 126: Sextortion attacks are a type of cy
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Page 129 and 130: Example 2:'You've been hacked' emai
Page 131 and 132: How can this strategy be implemente
Page 133 and 134: Surviving The New Era of Terabit-Cl
Page 135 and 136: accompanying shift toward more digi
Page 137 and 138: Survey results show businesses are
Page 139 and 140: Enterprises Cannot Achieve Zero Tru
Page 141 and 142: Capital One breach back in 2019. Ad
Page 143 and 144: Cyber Defense eMagazine - December
Page 161 and 162: CyberDefense.TV now has 200 hotseat
Page 163 and 164: Books by our Publisher: https://www
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