Modex, the blockchain database company, is proud to join the Cyber Alliance to Defend our Healthcare, uniting with luminaries in the cybersecurity world to help combat the unprecedented series of cyberattacks that the healthcare sector has experienced in recent months.

C5 Capital, the specialist investment firm that exclusively invests in the secure data ecosystem, including cybersecurity, AI, cloud, and space, first launched the Alliance in March to provide free cybersecurity support to healthcare and research organizations that are already under huge pressure due to the COVID-19 pandemic.

Since launching the Alliance in March, C5 Capital has noted a ten-fold increase in cyberattacks, such as ransomware, on the sector, adding an additional threat to already-overburdened hospitals, clinics, and research facilities.

The World Health Organisation (WHO) recently warned that more than 25,000 email addresses from its organisation and others related to its operations – such as the UK’s National Health Service (NHS) and the National Institutes of Health (NIH) in the US – had been compromised.

Through collective defence, members of the Alliance are working together to protect healthcare workers on the frontline of the epidemic. This work is helping to ensure hospitals and clinics protect their internal systems and databases for patients, healthcare workers, and volunteers. It is also enabling pharmaceutical research and development facilities to safeguard their work while developing a vaccine to fight the COVID-19 virus both safely and efficiently.

Modex is supporting through its software solution – Blockchain Database (BCDB) – entities affected by cyber-attacks during the coronavirus pandemic by ensuring data security and integrity, and near real-time backup. The Modex BCDB infrastructure is suited for all medical units, NGOs, activists, local governments, or organizations that want to implement an extra layer of security to their valuable data, online and offline.  Modex is doing its part by providing its Blockchain Database to healthcare institutions to help negate the impact of ransomware attacks, through its blockchain layer.

Other members of the Alliance include ITC Secure, IronNet Cyber Security, Haven Cyber Technologies, Enveil, 4iQ, Blue Cedar, SAPNS2, Modex, Telos, OneVinn, Trustar, Privitar, Cynamics, SOSA / The Global Cyber Centre and Klaatu IT Security.

Andre Pienaar, Founder, C5 Capital said: “We’re hugely grateful to have the support of Modex and welcome them to the Alliance. With many of the world’s leading cybersecurity experts now contributing their services and knowledge for free we have a powerful united front to combat cyber threats to global health organizations when they are already under immense strain as a result of this terrible pandemic.”

Mihai Ivascu, CEO & Co-founder, Modex said: “People might come to recognize that technological threats are existential, and therefore require an increasing cooperation. Adopting a sense of pragmatic intelligence in the cybersecurity industry, we would develop a coordinated response for protecting the healthcare systems all around the globe. We all know that healthcare units have been pressured constantly over the past weeks, losing not only lives in the fight against COVID – 19, but also valuable data and being subject to ransomware attacks. Our medical system is the target of an unfair and criminal war, and only through our combined efforts in the cybersecurity field, we will be able to help and to protect it from malicious attacks. For Modex it’s a big honour, but also a responsibility to be part of the C5 Cybersecurity Alliance. We joined with our Blockchain Database software solution to offer the powerful protection needed by every medical unit to safeguard against ransomware attacks. Our infrastructure enables centralized legacy systems, commonly used in healthcare, to become distributed systems, resistant to ransomware and other cybersecurity threats”.

For more information, visit https://www.c5capital.com/cyber-alliance/

For more details on how to join the Alliance, whether as a technology company or as a healthcare organization in need of support, please contact [email protected] 

About C5 Capital

C5 Capital Limited (C5) is a global specialist investment firm that exclusively invests in the secure data ecosystem including cybersecurity, cloud infrastructure, and applied data analytics. The firm is dedicated to nurturing a secure digital future and our investment strategy is based on an approach of building long-term relationships with innovative companies that share in our mission. www.c5capital.com.

About Modex

Modex, the blockchain database company, innovates thanks to its incredible team of experts and offers services for the entire blockchain technology ecosystem. Modex’s mission is to spread and facilitate the adoption of blockchain into society and to solve real-world problems using this revolutionary technology.

Modex BCDB is a middleware that fuses a blockchain with a database to create a structure thet is easy to use and understand by developers with no prior knowledge in blockchain development. As a result, any developer who knows how to work with a database system can operate with our solution, without needing to change their programming style or learn blockchain. For enterprises, Modex BCDB translates into enhanced data security, secure data sharing, streamlining of operations, and maximum protection against cyberattacks.