Ransomware is scary…

SecureWorld and the BBC have published a dark recitation that we all should read. It outlines a Ransomware Negotiation where hackers demanded a ransom of $3 million dollars. The following are excerpts from the article showing the hackers hubris:

“UCSF, or its negotiators, asked for hackers to take down information they had posted, to get things rolling.

[Netwalker hackers] “Done, your data is hide from our blog. Now let’s discuss.”

Hackers explained that UCSF had more than $5 billion in annual revenue, so a $3 million ransom seemed reasonable.

The university responded by offering $780,000 and explained that the coronavirus had been very costly to the university.

[Netwalker hackers] “How can  I accept $780,000? is like, I worked for nothing. You can collect money in a couple of hours. You need to take is seriously. If we’ll release our blog, student records / data, I am 100% sure you will lose more than our price what we asked. We can agree to an price, but not like this, because I’ll take this as insult.”

Keep that 780,000 to buy McDonalds for your employees. Is very small amount for us.”

In his BBC article, Tidy says back and forth negotiations continued for a day until the University of California came up. It now offered a ransom of $1.02 million. 

Then, the high stakes negotiating continued.

[Netwalker hackers] “I speak with my boss. I sent him all messages and he can’t understand how a university like you: 4-5 billions per year. Is really hard to understand and realise you can get $1,020,895. But okay. I really think your accountant / department can get $500,000 more. So we’ll accept $1.5m and everyone will sleep well.”

With the two sides still almost $500,000 apart, it was the university’s move.

A few hours later, Tidy writes, UCSF made a final offer of $1,140,895.

Hackers squeezed nearly another $120,000 from the university.

[Netwalker hackers] “Ok, good. Now you can sleep well. Well can you pay?” {End Comments}

Security is our new battlefield for business.

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Economic downturn: Driving cost of software development down–alternatives to help your company.

With today’s pandemic and economic uncertainty, companies are now looking for creative ways to move forward, while reducing cost. Teams are considering alternatives solutions in order to maintain existing development,  or contemplating  new development opportunities with concern over meeting business deadlines and reduced budgets.

Ascension Development Group may have a solution for you.  We have clients that use our Nearshore development teams to help them meet new challenges.  The teams are based in Mexico. Many of the developers were educated in the US and speak English.

Cost reductions alone are realized by our clients of 25-40% versus US rates. We work on Central Time–working US all timezones. With Covid, most of us are working remotely and the future seems to point to more remote work than ever before.

If you want to discuss the advantages of nearshore, without any obligation, please call us at 425-750-0760 or you can email me directly at paul@ascension-tg.com.

Thank you and please be safe.

Cost Effective Application Development Option

With today’s pandemic and the economic uncertainty, companies are now looking for creative ways to move forward. Teams are considering alternatives solutions in order to maintain existing development,  or contemplating  new development opportunities with concern over meeting deadlines and budgets.

Ascension Development Group may have a solution for you.  We have clients that use our Nearshore development teams to help them on a daily or project basis.  The teams are based in Mexico. Many of the PM’s were educated in the US and many of the developers and testers as well, speak English. 

What does this mean to you and your company?   Here are some of the benefits to your organization:

•          Acceleration of delivery time

•          Meet objectives alignments between business and technology

•          Expand  project portfolio visibility

•          Increases team productivity

•          Cost  reduction, realizing a 25-40% saving versus US hourly rates

•          Two hour time difference in Mexico vs. 10 to 16 hours Offshore in the Far East

How can your business benefit from Nearshore development?

Please complete this form and one of our representatives will contact you within one business day.

Data Privacy Legislation for Washington Businesses

Ascension Technical Group is hosting an interactive TEAM’S session on April 8th at 10AM-11AM PDT. You can register now and we’ll send you a TEAM request.

The Webinar will provide analysis on the draft Washington Data privacy Act (WPA), its impact on business and detail the associated penalties for data privacy breeches.

This  webinar will help businesses determine potential security vulnerabilities and identify a mitigation strategy. The cyber breech discussion, will review the benefits of an in-depth security assessment that includes reviewing current policies, procedures, technical environments and other security related functions. Details will be provided on applicable standards including, ISO/IEC 27001, NIST 800-53, ISA 62443, COBIT 5, CIS CSC, CCPA, GDPR and PCI DSS.

Topics that will be covered include:

  • Data Security & Privacy
  • Awareness and Training with related policies, procedures, and agreements.
  • Governance, Analysis & Mitigation
  • Information Protection Processes
  • Identity Management, Authentication and Access Control
  • Protective Technology, Anomalies and Events, Detection Processes
  • Response & Recovery Planning
  • Law Enforcement

We look forward to your participation in this interactive TEAM’s Session on  April 8th at 10 AM -11 AM PDT.

Nearshore – Alternative for App Development during the Coronavirus Pandemic

With today’s pandemic and the economic uncertainty, companies are now looking for creative ways to move forward. Teams are considering alternatives solutions in order to maintain existing development,  or contemplating  new development opportunities with concern over meeting deadlines and budgets.

Ascension Development Group may have a solution for you.  We have clients that use our Nearshore development teams to help them on a daily or project basis.  The teams are based in Mexico. Many of the PM’s were educated in the US and many of the developers and testers as well, speak English. 

What does this mean to you and your company?   Here are some of the benefits to your organization:

•          Acceleration of delivery time

•          Meet  objectives alignments between business and IT

•          Expand  project portfolio  visibility

•          Increases team  productivity

•          Cost  reduction, realizing   a  25-40% saving versus US hourly rates

•          Two hour time difference in Mexico vs.  10 to 16 hours Offshore in the Far East

If you would like  more information on our Nearshore Practice or set-up an appointment  and discuss next steps. Please contact  Mel Silver @ 425.466.3459 Phone or email me. mel@ascension-tg.com, Website: www.ascension-tg.com