SAN JOSE, Calif., Jan. 11, 2016 (GLOBE NEWSWIRE) -- FinalCode, Inc. , the innovator in persistent file security that protects sensitive files wherever they may go, today recast the file collaboration security landscape with the release of FinalCode 5. The new platform delivers greater usability, granular control and interoperability functions, which makes it easier and faster for enterprises to fortify their data governance posture for files that are shared inside and outside the company. With FinalCode 5, organizations can cost-effectively enhance existing security investments in enterprise content management and data leakage prevention.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...58b2882d7a
The growth of bring your own collaboration (BYOC) presents greater and more pervasive data leakage exposures to the workplace. EMA Research’s 2015 State of File Collaboration Security report found a significant discrepancy between file security policies and operations, and the capabilities of respective technical controls in place to monitor and enforce the policies. Of large and mid-tier enterprises surveyed in North America:
- 84 percent of respondents had little to no confidence in current file protection and auditing controls
- 50 percent experienced frequent file data leakage incidents over the past 12 months
- 91 percent of respondents stated the lack of protection of files leaving cloud-based platforms or device containers as the highest risk to adopting cloud file storage, content management and collaboration systems
“Data protection is essential for our company. Since our business relies on the efficient sharing of information, we recognized the potential risk of exposure of sensitive data and shared files. With FinalCode, we now have confidence in our ability to better manage that risk in a cost-effective way,” said Sayaka Doi, director of Professional Services at Pasona N A, Inc. “FinalCode delivered on our adoption and management expectations – we found it extremely easy to use, deploy and manage. The level of file security it provides allows us to alleviate the real data protection concerns of our shareholders, customers and prospects.”
FinalCode 5
FinalCode’s persistent file security platform provides strong encryption and extensive usage controls, including the ability to remotely delete files even after they have been shared. Users may simply define file security settings and respective recipients, or have such controls applied automatically through corporate policy. Because FinalCode manages file security, not storage, transport or content management, the scalable approach readily integrates with a company’s existing file management and cloud collaboration infrastructure. FinalCode can be cost-effectively deployed according to project, department and business application needs and includes file-based information rights management (IRM) for external users at no additional cost – resulting in accelerated time to value.
“Companies are facing a rampant data leakage dilemma, ‘bring your own collaboration.’ Once a sensitive file is obtained by a recipient and leaves a secured repository, it’s gone. Protection and traceability are lost,” said Gord Boyce, CEO of FinalCode, Inc. “The best way to close this gap is to make file security simple, flexible and persistent for the file owner and business – and FinalCode does just that. We welcome organizations and system integrators to take FinalCode for a test drive and see firsthand how easy it is to use, manage and scale.”
New FinalCode 5 has more than 50 new enterprise-grade features, including:
- Completely enhanced graphical user interface (GUI) to facilitate applying and managing multiple policies to a file – file security has never been this easy
- Comprehensive CAD file security support covering a broad array of 2-D, 3-D and business-specific modeling platforms from Autodesk AutoCAD and DWG TrueView, Dassault SolidWorks and Lattice Technology Studio Pro and Player
- Hierarchy mapping to align policy management to internal organizational structure
- Access and usage policy enforcement and remote usage log capture for offline users
- Automatic IRM-controls applied to files placed in monitored network folders
- Expedited installation by external users without requiring administrative system rights
- Customizable roles-based access control (RBAC) allowing broader user type options and ability to transfer file ownership
- Improved file security activity logging and online query with Common Event Format (CEF) and syslog support
- Enriched FinalCode SDK to allow for seamless integration with external content inspection systems
“The proliferation of data sharing applications and cloud services, on top of the existing use of email for collaboration, exponentially increases the risk of data leakage and exposure. When compared to conventional rights management systems, specialized encryption and entitlement solutions are less complex, can apply to a broader number of use cases and may more easily accommodate users outside an organization,” said David Monahan, research director of risk and security management at EMA. “Companies that rely on data sharing and collaboration as part of their workflow and business model will make identifying and investing in enhanced file security platforms a top priority.”
Availability
FinalCode can be implemented as a SaaS or on premise virtual appliance with packages designed to accommodate small businesses, government agencies and large global enterprises. The FinalCode platform is generally available with annual enterprise subscription pricing starting at $19 per user per month for up to 100 users. The FinalCode client, used by external file recipients, is available at no charge and supports Windows, Apple and Android devices. Prospective customers and channel partners are invited to take FinalCode for a test drive by registering at http://finalcode.com/en/test-drive/ .
Visit FinalCode at the 2016 RSA Conference at booth #S2710, South Hall.
About FinalCode, Inc.
FinalCode delivers a file security platform that allows any business to persistently protect sensitive files wherever they go inside and outside of their organization. Available as a SaaS or virtual appliance, FinalCode makes securing file collaboration easy and cost-effective and in a way that works with popular applications, platforms and devices while preserving user experience and workflow. The solution applies strong encryption and granular usage control on demand or by corporate policy with the ability to remotely delete files. The company’s patented CryptoEase™ technology streamlines onboarding, encryption and administration, making deployment rapid and scalable. Headquartered in San Jose, California, FinalCode offers its solutions through its global network of authorized partners. Learn more at http://www.finalcode.com .
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©2016 FinalCode, Inc. is a privately held Delaware corporation. FinalCode, CryptoEase and the FinalCode logo, are trademarks or registered trademarks of FinalCode. Other names mentioned may be trademarks of their respective owners.
Media contact: Deb Montner Montner Tech PR 203-226-9290 dmontner@montner.com
