Author Archives: Wedge Chief Scientist

About Wedge Chief Scientist

Husam Kinawi, Chief Scientist Dr. Kinawi has a PhD and MSc in Computer Science from the Universities of Calgary, Canada and London, UK. In 1997, he co-founded Mpower Technologies Inc., a wireless telecommunications software company. In 1999, Dr. Kinawi co-founded ActiveIq.com (NASDAQ: AIQT), a Boston-based e-Business applications firm. Dr. Kinawi has over seventeen years of research and development experience working with industry leaders such as Newbridge (Alcatel), Siemens, United Technologies, and Apple in the areas of distributed information systems, embedded applications and wireless Internet solutions. Dr. Kinawi has also spoken at several major conferences, published several research papers, and is the holder of several patents in the area of mobile and wireless devices.

Targeted Ransomware Attacks Are On the Rise and are Crippling Local Governments: How Can They Protect Themselves?

Targeted ransomware attacks being perpetrated on local government entities is on the rise. Although the ransoms demanded are often relatively small, typically under $100K, the overall costs to remediate the attack and the damages inflicted by downtime and decreased efficiencies … Continue reading

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Ransomware Attacks May Be Decreasing BUT Related Costs Are INCREASING!

Some good and bad news is coming out of the first quarter of 2019 regarding Ransomware Attacks. Dark Reading had some interesting statistics to share about the number of ransomware attacks decreasing. (Mind you, the verdict from the industry is … Continue reading

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Warning Investors of Cyber Security Risks to a Business’ Operations, Profitability and Share Performance – The New Norm?

This article from ZDNet was of particular interest to us as a Network Security Company and really hit home how much potential financial impact Cyber-Attacks can have on any and all private and publicly listed companies. The cloud-based team collaboration … Continue reading

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“Spending $1 on Prevention Now Can Prevent $100 (Or More) in Remediation Costs Later” – Forbes Magazine

Forbes recently had another article on a ransomware outbreak that resonated with us here at Wedge Networks. Ransomware has been wreaking havoc on a growing number of municipalities as of late, taking down both essential and non-essential services and causing … Continue reading

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Looks Like Your Insurer Probably Won’t Be Covering Your Latest Malware Breach…

So, this was a bit of an eye-opener on the financial effects from the latest corporate Malware breaches; Insurance Companies are declining coverage on the latest corporate malware breaches! In a recent article in the New York Times, it was … Continue reading

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Hackers Can Now Give You… Tumours!

Security in the Healthcare industry has been coming up a lot in the news lately, but not just for the hacking of patient data or the ransoming of hospital infrastructure; that has been the norm in the past. The latest … Continue reading

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Save Patient Zero!

Owing to the onslaught of ever-evolving malware, firewalls will typically offload an inconclusive scan to a sandbox in order to properly identify whether content is safe or malicious. This is how it works: Your firewall will attempt to use Deep … Continue reading

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Weaponized Word Documents: Block Them BEFORE They Enter Your Network

A recent article, this time from GBHackers, brings to light yet another way that hackers are getting quick and easy gains – Banking Malware.  Banking malware, in this case the Emotet variety, is a banking trojan that can steal key personal information used for online banking such … Continue reading

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Norsk Hydro Ransomware A Week Later: What Is The REAL Target?

Going back to our previous blog on the ransomware attack that hit Norsk Hydro, in Norway, we’re hearing a bit more about the underlying piece of malware that was used in that attack, LockerGoga.  A brief article appeared yesterday on Fossbytes.com that … Continue reading

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Even With Adequate Backups in Place, Ransomware Hitting a Network Can Still Cause Disruptions and Have a Financial Impact

Ransomware is again in the news as of late; this time hitting one of the world’s largest aluminum producers, Norsk Hydro, in Norway.  As reported by Yahoo! Finance, Norsk Hydro was battling to contain a ransomware cyberattack yesterday that caused a … Continue reading

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