April 14, 2015
According to Privacy Rights Clearinghouse, nearly 305 million records have been leaked in the US in the past five years due to unintended disclosure, hacking, malware, and lost or discarded mobile and stationary computing devices. In our current, connected world, organizations are working hard to protect sensitive files inside or outside a corporate network, but it’s still incredibly difficult.
“While many of the world’s most publicized data leakages are due to access to unprotected files stolen by hackers and insiders, those are only the tip of the iceberg. Millions of business-sensitive files have been exposed by inadvertent emails, lost portable and storage devices, and undocumented transfers of files,” says Gord Boyce, CEO of FinalCode.
FinalCode, a company that specializes in enterprise file security, today announced that their enterprise-grade file security solution is now available globally. The platform lets organizations readily gain strong file protection to ensure sensitive information remains protected on devices, content management systems, cloud storage, and collaboration channels.
Applying strong file security is a significant challenge though, as sensitive and regulated files are sent to unintended or unauthorized users outside of a trusted environment sometimes. Worse are confidential files inconspicuously exposed by hackers and insiders.
“We used to think that even if employees handled files with care, it was impossible to keep them 100 percent safe due to threats of hackers and malware as well as unintentional mishandling – but then we found FinalCode,” says Hiroshi Wada, IT manager of Corporate Planning at Pioneer Service Network Corp. “This software solves all the issues because not only can we encrypt files, but we can easily specify permissions as to who can access the file and what they can do with the file. We also have full audit capability. Furthermore, with FinalCode, we can remotely delete distributed files whenever we want. It was exactly ‘the final’ choice for file security.”
Final Code’s solution allows any organization to gain comprehensive protection and granular control over what can be done with files and by whom, inside or outside the firewall perimeter. It delivers strong file security with the flexibility of being application, device, storage, Cloud, content management, and collaboration agnostic.
Users simply define file security settings and respective recipients, or have such controls applied automatically through corporate policy. The FinalCode client encrypts the file, and the FinalCode server manages keys and permissions.
File recipients download a small FinalCode client after secure registration with the FinalCode server in order to have access to and use of the file according to policy.
“Given the dynamics of file sharing and cloud-based collaboration, the risk to sensitive data and intellectual property – such as corporate financials, board materials, customer lists, personally identifiable information (PII), healthcare records, designs and trade secrets – is a substantial exposure. The potential for FinalCode to help organizations extend control of their file security in today’s mobile and cloud connected world is enormous,” says Boyce.
FinalCode will be at the 2015 RSA Conference, booth #2739 in the South Hall. Make sure to stop by and say ‘hi’ if you’re going.
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