Wednesday, October 29, 2014

Ecrypt Technologies, Inc. (ECRY) Stays Ahead of the Curve with “Newthink” Strategy

If we learned anything from the year’s headlines it’s that no market, no industry, and no company is safe from cyber-attack. Companies are racing to expand, enhance and solidify their businesses and IT infrastructure, reducing vulnerability with beefed-up, cutting-edge security solutions.

According to the IBM Security Services 2014 Cyber Security Intelligence Index Report, more than half a billion personally identifiable information records were “stolen” in 2013. Aside from severe personal damage due to identity theft, the monetary effects of these breaches are profound for the hacked companies.

The Ponemon Institute reports that in 2013 each lost data record cost the affected company roughly $145. Some quick math shows that a major company, retailer or university with millions of leaked records could suffer steep losses easily topping seven figures.

Frighteningly, the IBM report reveals that human error is to blame for more than 95% of security incident or breach. A range of missteps constitute “human error,” including weak passwords, lost electronic devices or clicking an infected attachment or unsafe URL.

IBM also showed that attackers are becoming increasingly crafty in using social media networks to send malicious website or malware, thereby obtaining access to huge amounts of personal data. It’s this type of malicious, progressive thinking that Ecrypt Technologies is equipped to handle.

Ecrypt is among the pack of innovative companies seeking solutions to combat cyber-attacks and mitigate the risk of human error. As an emerging provider of military-strength data security solutions for enterprise, government and military, Ecrypt aims to provide the freedom to communicate and collaborate without risk of liability, reputation damage, competitive threat, and negative aftermath.

Ecrypt’s stated principle is “Newthink. Not rethink.” The company has long-recognized the information security challenges onset by a hyper connected world. To stay ahead of the game, security solutions providers must be able to meet market demands while thinking ahead of the curve to create new solutions to create new problems rather than simply reworking dated solutions.

To this accord, the company’s flagship solution is being designed to mitigate human error via an easy-to-use interface featuring compliance tools and optimal security. Ecrypt One is an integrated email and encryption server that can be quickly deployed to safeguard corporate communication, including attachments and mobile devices, against data breaches while eliminating phishing threats, malware infections and spam.

The solution optimizes security by removing human vulnerabilities and provides granular role-based access controls for system administrators. Ecrypt One also secures communications with third-party vendors and/or clients. Collectively, Ecrypt One’s features fortify against data leaks, device theft and email-borne threats to revolutionize – not rework or rethink – efficient, reliable and strong cyber security solutions.

For more information visit www.ecryptinc.com

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