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  • Ecrypt Technologies, Inc. (ECRY) Guarding Against Data Breaches With Military-Grade Strength As Data Breach Incidents Reach New Highs 0 comments
    Feb 3, 2014 5:43 PM | about stocks: ECRY

    Just take a quick look at newspaper headlines in just the past year, and it's instantly clear: data security is becoming an increasingly complex and in-force market demand. A news article by Abigail Wang on PCMag.com notes that even large and well-known corporations have fallen victim to the data security-compromising onslaught. In late 2013, Target reported that tens of millions of its customers' credit and debit card information had been hacked in a huge data breach, and just a little less than two weeks ago, Neiman Marcus reported that some 1.1 million credit and debit cards may have been compromised in yet another data breach by skilled hackers. When the dust had cleared for Target, the retailer giant noted that as many as 110 million debit and credit card accounts may have been compromised.

    Across multiple companies, the data breach findings were even more severe. According to a report issued by the Online Trust Alliance, around 740 million incidents of data breaching occurred in 2013 alone. A huge 89 percent of those incidences could have been prevented if the companies involved had adopted basic but proven effective security measures, according to the non-profit's findings.

    With such large-scale hacking efforts taking place and succeeding, it's easy to see why data security is becoming such a widespread concern across all industries.

    Ecrypt Technologies, an information security company, fills this gap with its cutting-edge data security solutions, particular Ecrypt One. Ecrypt One is a military-strength email and encryption system that effectively safeguards the exchange, storage, and audit integrity of email and attachments. Already this system is being used successfully in five sectors: healthcare, government and military, law enforcement, legal services, and financial services. It aptly guards against data compromising in primarily four ways:

    •Optimization of organizational security via the removal of human vulnerabilities

    •Fortification against data leaks, device theft, and email-borne threats

    •Offering of granular role-based access control for system administrators

    •Enables secure communications between an organization and third parties such as vendors and clients

    Ecrypt One is built to exceed compliance requirements, requires no software for its application, provides around-the-clock, reliable data security via encryption measures, and features easy integration with other programs, including complementary security solutions and production tools.

    Ecrypt Technologies is looking to make Ecrypt One the mainstream solution for data security, as it announced in December 2013 that it would be marketing the system via a product test environment commonly referred to as a "sandbox". In this virtual capacity, enterprises and organization that are interested in the security Ecrypt One can provide are able to test it in an interactive capacity without cost. This "sandbox" environment will allow all interested parties to see the platform in action and witness how it protects their own infrastructures.

    Ecrypt Technologies continues to build its reputation for data security excellence, providing solutions for data protection via security consulting services and cutting-edge industry thought leadership.

    For more information on how Ecrypt Technologies is changing the world of data security, please visit: ecryptinc.com

    MissionIR provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.missionir.com

    Stocks: ECRY
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