VirnetX Zero Trust Networking Technology Implemented By Credit Union Advisor For Ransomware Protection
With Asgard’s Zero-Trust EverSafe Backup and Disaster Recovery Service
VirnetX Holding Corporation an Internet security software and technology company, announced that the National Credit Union ISAO enhancing Credit Union cyber resilience through information sharing, intelligence, operational guidance, and workforce education, has implemented VirnetX’s Zero Trust Networking Technology with Asgard’s Zero-Trust EverSafe Backup and Disaster Recovery Service for ransomware protection. EverSafe is built on VirnetX’s Zero Trust Networking Technology platform.
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VirnetX’s Zero Trust Networking Technology with Asgard’s Zero-Trust EverSafe Backup and Disaster Recovery Service protects data backups, data in transit, and data at rest on private secure domains, separate and invisible from the public Internet, therefore ensuring data integrity and availability.
Ransomware is the biggest threat to banking organizations with a 1,318% increase in attacks year over year from 2020 to 2021 and depends on the vulnerability of data backups for a successful attack to ensure payment of ransoms. Secure backup and recovery capabilities are the last line of defense against ransomware. Additionally, zero trust security is now recognized as a critical component of any security strategy with 76% of organizations in the process of implementing zero trust security.
“We believe in VirnetX’s Zero Trust Networking Technology and were interested to learn more about how Asgard’s EverSafe solution could leverage it to create a safe, zero trust backup solution,” said Brian Hinze, NCU-ISAO Director and Vice President. “After implementing the solution at NCU-ISAO, the value of the product quickly became clear when we could not see a visible path to our backups, as was advertised. A trusted partner of ours recently said, ‘You can’t hack what you can’t see,’ and it certainly holds true in action.”
“VirnetX Zero Trust Networking Technology enables EverSafe to improve upon Veeam’s best in class backup and recovery platform with unparalleled zero trust security delivering the most secure data protection available anywhere to our clients,” said Asgard Chief Executive Officer Brian Waltermire.
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