- Website: https://www.cryptomove.com
- Company size (employees): 1-25
- Headquarters Region: North America
In 3 bullets, summarize why this company deserves recognition
CryptoMove is a groundbreaking and innovative active defense approach to data protection that leverages dynamic movement, distribution, mutation, and re-encryption. Traditional encryption of data at rest is highly vulnerable to attacks that steal cipher text, steal keys, study encryption systems, destroy encrypted data, or ransomware data, to which encryption offers zero protection. New algorithms are on the horizon, like homomorphic encryption, multi-party computation, secret sharing, and post-quantum encryption, but encryption systems will be difficult to manually re-wire. Moreover, quantum computers threaten to unravel all current encryption in a Y2K-style event. CryptoMove's innovative approach makes data a constantly shifting and moving target. Attackers cannot identify data to mount cryptographic attacks. Quantum computers don’t matter because attackers can’t find all the data to brute force. New algorithms can easily plug-and-play with CryptoMove, because it is agnostic to the underlying encryption algorithm. Even if an attacker does steal CryptoMove data, all they have are worthless encrypted fragments or out-dated keys. Finally, CryptoMove dynamically ties data encryption and security to threat-detection and other tools, which allows orchestration of other tools with data security.
CryptoMove thus uniquely increases security and resiliency, reduces defender workloads, and increases costs and frustrates cyber-adversaries.
CryptoMove is backed and advised by top investors and security industry leaders, including Tim Draper and Draper Associates venture capital firm, as well as early investors, founders, and executives from Palo Alto Networks, FireEye, Palantir, Facebook, Cyphort, Cisco, Juniper, and others.
CryptoMove has a top team that has been on the ground floor of multiple successful enterprise and security startups, has invented distributed programming languages, built next-generation military moving target defense security systems, and has enforced data protection and cybercrime for Fortune 500 technology giants.
In less than 300 words, summarize the achievements of the company in the nominated category
CryptoMove is a new active defense data protection startup in Silicon Valley. CryptoMove’s innovative approach protects data with dynamic movement, distribution, mutation, and re-encryption.
Today’s data security relies on static encryption at-rest. But it’s easy for adversaries to hide, study, and plan attacks at leisure. Attackers have asymmetric advantages to steal cleartext, ciphertext, encryption keys, mount cryptographic attacks, destroy & ransomware data, or corrupt integrity. Examples include ProjectSauron, an APT that hit dozens major finance/government targets by studying encryption key servers. Further, quantum computers threaten to unravel all current encryption in a Y2K-style event.
Traditional encryption is equivalent to a lock or safety deposit box, guarded by cameras, walls, traps, guards. But attackers break locks, turn invisible to evade cameras, discover traps, go over/under walls, and there are not enough guards to keep up. The only guarantee with encryption is algorithms fail eventually.
New algorithms—postquantum, homomorphic computation on encrypted data, multi-party computation, secret sharing, or others yet to be invented—will require manual re-wiring of complex systems.
CryptoMove’s innovative approach makes data a constantly shifting and moving target. Attackers cannot identify data to mount cryptographic attacks. Time is a disadvantage, because data is constantly moving, fragmenting, mutating, and re-encrypting. Even if attackers identify, steal, or destroy data or keys, they have only worthless encrypted fragments or outdated keys. CryptoMove distributes redundant copies automatically and is resilient to attack or failure. Quantum computers don’t matter, because attackers can’t find encrypted data to brute force. Better yet, CryptoMove is agnostic to underlying encryption algorithms to plug-and-play new algorithms easily.
CryptoMove integrates any virtualized/containerized environment, upgrading encryption in clouds, datacenters, databases, edge/fog, even IoT devices. Conventional detection/prevention increases defenders’ work and heightens cyber-adversaries’ asymmetric advantages. CryptoMove’s active defense, however, increases attacker costs while reducing defenders’ workloads. This flips asymmetry — in favor of defense.