Growing Demand for Digital Security Creates Significant Opportunity for Ecrypt Technologies, Inc. (ECRY)
If the last year has taught us anything it’s the dire importance of online and personal data security. Big name retailers like Home Depot, Albertson’s, Target, Michaels, and Neiman Marcus were all the target of credit card fraud. Along with the recent email hack job at Sony Pictures, these breaches symbolize the adamancy of the criminal mindset, evolution of malicious skill in the digital age, and the vulnerability of merchants, consumers and individuals.
While criminal masterminds seem to be one step ahead, the $60 billion IT security industry is swelling with new players, research, anti-malware, encryption and products to mitigate if not eliminate data breaches. As such, experts forecast that the industry will see tenfold growth in the next 10 years as companies like Ecrypt Technologies hit the scene with advanced security solutions.
Ecrypt is an emerging provider of military-strength data security solutions for enterprise, government and military. The company’s flagship solution is Ecrypt One, an integrated email and encryption server designed to fortify the security of corporate communication, including attachments and mobile devices, against data breaches while eliminating phishing threats, malware infections and spam.
Ecrypt One’s primary feature, being “fully locked down,” appeals to security and privacy conscious organization, such as government, healthcare or other organizations bound by industry standards such as the Health Insurance Portability and Accountability Act (HIPPA).
The product safeguards communications with an organization’s third parties such as vendors and clients to eliminate concerns with incoming email from untrusted parties or phishing attacks. For trusted external parties, Ecrypt One provides a locked down, web-based email portal with limited functionality to enable email correspondence with the organization. Information sent from external accounts has strict content and anti-virus checking of attached files, which eliminates the need to perform email encryption between external parties.
Ecrypt One was also designed to eliminate human error. Granular role-based access controls ensure that administrators can only access resources relevant to their job. The administrator can also enable incoming email for users who need to interact with outside parties for roles such as customer support or sales inquiries.
As the world becomes increasingly dependent on the digital exchange of communication and personal information, security and privacy become more valuable. Ecrypt is positioned to benefit from this increasing demand by providing a solution for confidentiality, data breach prevention, government regulation compliance, and mitigated litigation risks.
For more information, visit www.ecryptinc.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
If the last year has taught us anything it’s the dire importance of online and personal data security. Big name retailers like Home Depot, Albertson’s, Target, Michaels, and Neiman Marcus were all the target of credit card fraud. Along with the recent email hack job at Sony Pictures, these breaches symbolize the adamancy of the criminal mindset, evolution of malicious skill in the digital age, and the vulnerability of merchants, consumers and individuals.
While criminal masterminds seem to be one step ahead, the $60 billion IT security industry is swelling with new players, research, anti-malware, encryption and products to mitigate if not eliminate data breaches. As such, experts forecast that the industry will see tenfold growth in the next 10 years as companies like Ecrypt Technologies hit the scene with advanced security solutions.
Ecrypt is an emerging provider of military-strength data security solutions for enterprise, government and military. The company’s flagship solution is Ecrypt One, an integrated email and encryption server designed to fortify the security of corporate communication, including attachments and mobile devices, against data breaches while eliminating phishing threats, malware infections and spam.
Ecrypt One’s primary feature, being “fully locked down,” appeals to security and privacy conscious organization, such as government, healthcare or other organizations bound by industry standards such as the Health Insurance Portability and Accountability Act (HIPPA).
The product safeguards communications with an organization’s third parties such as vendors and clients to eliminate concerns with incoming email from untrusted parties or phishing attacks. For trusted external parties, Ecrypt One provides a locked down, web-based email portal with limited functionality to enable email correspondence with the organization. Information sent from external accounts has strict content and anti-virus checking of attached files, which eliminates the need to perform email encryption between external parties.
Ecrypt One was also designed to eliminate human error. Granular role-based access controls ensure that administrators can only access resources relevant to their job. The administrator can also enable incoming email for users who need to interact with outside parties for roles such as customer support or sales inquiries.
As the world becomes increasingly dependent on the digital exchange of communication and personal information, security and privacy become more valuable. Ecrypt is positioned to benefit from this increasing demand by providing a solution for confidentiality, data breach prevention, government regulation compliance, and mitigated litigation risks.
For more information, visit www.ecryptinc.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
