Category Archives: Industry News

News Round-Up from the Industry

New CSE Report Provides Warning That Critical Infrastructure Networks in Canada are At High Risk of Attack: What You Need To Do Now (LONG READ)

A recent report from the CBC covering a new intelligence assessment from the Communications Security Establishment (CSE) has highlighted the very real threat against Canada’s critical infrastructure, such as the electricity supply.  The CSE has intimated that state-sponsored actors are sharpening their cyber capabilities to … Continue reading

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Companies in Belgium Paying EUR100MM Per Year As A Result of Ransomware (Growing 29%!) : Wedge Absolute Real-time Protection Can Help Stop This!

According to the Brussels Times, a report by the Belgian parliamentary economy committee notes that Belgian companies are paying an estimated EUR100 MM per year to criminal hackers.  As claimed by a series of experts that were interviewed by the committee, … Continue reading

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Is Ineffective Technology The Real Reason Why Cybersecurity Is Failing? We Disagree…

HelpNetSecurity.com posted a rather provocative article recently that postulated that the reason why cybersecurity was failing is due to ineffective technology.  Although we can see how many might consider this to be an accurate representation of the cybersecurity industry right now, … Continue reading

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Another Municipality Hit By a Cyber Attack / Cyber Fraud: Why Not Prevent These Occurrences Using WedgeARP – Real-time Threat Prevention?

Here’s an interesting case of a municipality that has lost money, not due to ransomware this time (unlike the other blogs that we’ve done such as: this, this and this) , but due to cyber fraud.  Portageonline.com reported that the Municipality of Westlake-Gladstone, in Manitoba, “was … Continue reading

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Paying Ransomware Can Now Get You Sanctioned By the US Department of the Treasury: Here’s How Wedge Can Help!

A big ransomware game changer came down the pipe on October 1st, from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)  as they issued a Ransomware Advisory alerting companies of potential sanctions risks for facilitating ransomware payments.  This has … Continue reading

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Edgecore Networks Partners With Wedge Networks to Integrate Wedge’s Absolute Real-time Platform into Joint Product and Solutions Offerings

24 September 2020 – HSINCHU, Taiwan and CALGARY, Canada: Edgecore Networks Corporation (Edgecore), the leader in open networking, delivering wired and wireless networking products and solutions to data centers, service providers, enterprises and SMB customers worldwide, has formally entered into … Continue reading

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AI Automating Cybersecurity in Post-COVID World: Wedge can get you straight to Level 5…

A great article in Venturebeat was recently published that brought up the marked acceleration of using AI in the realm of cybersecurity.  Unfortunately, cybercriminals are ahead of the curve in this regard and are evolving much more quickly in order to take advantage of the … Continue reading

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RHEA Inc. Enters into Strategic Alliance With Wedge Networks

Leading cybersecurity and engineering solutions company, RHEA Group to offer Wedge Networks Absolute Real-time Protection platform – WedgeARP™ in Canada and across Europe and South America 10 September 2020 – CALGARY, Canada: RHEA Inc., headquartered in Montreal, Canada, offers bespoke … Continue reading

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Popular Anti-Malware Products Are Failing to Recognize Notable Threats: Time to Replace Out With WedgeARP!!

A brief but interesting article happened across my desk that made me pause and ponder the state of the popular and established cybersecurity solutions currently on the market.  Namely, the article from ITProPortal.com  that declared that “Half of anti-malware products fail to … Continue reading

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Wine and Spirits is Not Immune To Ransomware: Real-time Threat Prevention is Key to Securing Confidential Information

It’s turning out that Wine and Spirits will be potentially drowning their sorrows in drink as U.S. alcoholic beverages giant Brown-Forman was hit by a cyber attack recently.  In this attack, attributed to the Sodinokibi (REvil) ransomware operators, the attackers were found … Continue reading

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