Maryland Patent of the Month – February 2022
Our cyber world is growing, and with it, grows cyber warfare. CyLogic, Inc. is intent on developing the tools and systems needed to help enterprises defend themselves against attacks. One common attack type is a Denial of Availability (DOA) which falls under two main methods.
- Denial of Service (DOS) which try to deny access to information by rendering the systems unable to perform them;
- Ransomware which renders the information itself inaccessible by encrypting it with keys which are available only after a payment of some form.
CyLogic has recently developed a method that introduces resilience against these DOA attacks in secure decentralized P2P filesystems. These decentralized file systems are used for public file-sharing protocols.
CyLogic’s system ensures these files are shared or retrieved securely by using a public-key server. The combination of the decentralized file system and an automated file confidentiality and verification system prevent cyber attacks from limiting access to those who are meant to have it. The public key server can store multiple keys of an asymmetric cryptographic algorithm. A content address server stores file information. For each file, a unique identifier and encryption key are generated. The file is split into segments, and each segment has another unique identifier. Each encrypted segment is stored on the first peer device. The recipient retrieves the public key and can effectively decrypt and access the shared file.
Resilience is built in by preemptively encrypting data so that it will be useless to any malicious actors extracting data. The attackers cannot sell what they cannot read. It also removes the ransomware’s tactic of inciting inconvenience. Most often people are impacted by ransomware because they need the data as soon as possible and are inconvenienced by the delay. The system created by CyLogic reduces this inconvenience and renders ransomware a less effective attack method.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
