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Companies should act now and protect all data before they themselves are faced with the costs of a data breach. There is a very real risk that long-lasting damage could be done to a company's reputation and brand
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Alex Kwiatkowski, lead analyst at Datamonitor.
CORPORATE PROFILE
GuardianEdge Technologies is a trusted and proven partner to large organizations looking to reduce the cost and complexity of deploying and managing enterprise-class encryption across multiple mobile devices. The company's encryption solutions offer enterprises greater control over digital assets, ensure regulatory compliance, and protect information confidentiality — without affecting employee productivity. Clients include numerous large organizations across several vertical markets — with a majority in the defense, aerospace, financial services and healthcare industries.
Encryption
Increased attention on numerous high-profile information security breaches has elevated the need to install fool-proof electronic data protection measures. Encryption is the fundamental enabling technology for protecting electronic information.
Historically, encryption was used as a point solution, installed on specific systems or used by a limited number of individuals. Today, data protection is needed at every level of an organization, and the installation of encryption technology that is scalable and easily managed is a top priority for enterprises seeking to protect mission-critical electronic data.
The Spread of Mobile Devices
The proliferation of mobile and removable devices (including consumer devices) has created new security issues for organizations, because these devices may provide access to important data and are more vulnerable to theft and loss. However, a majority of these devices are not adequately protected because of concerns about ease of management and cost, as well as a general lack of knowledge of the availability of solutions.
According to META Group, the total expense of encryption is far less than the cost of even one incident involving the theft or loss of unencrypted data. Such incidents not only cost the price of the missing laptop or other device, but more importantly, they cost enterprises an immeasurable amount of damage due to lost credibility, reputation and trust.
Regulatory and Compliance Issues
The regulatory environment has transformed information security into a compliance issue. At federal, state and even international levels the protection of sensitive data is mandated.
For instance,
- Numerous federal laws (such as Gramm-Leach-Bliley, HIPAA, the FACT Act and the Federal Information Security Management Act) require strong protection of Social Security Numbers, credit card numbers, medical records, and vital information about the nation's defenses.
- California law is forcing companies to announce thefts of unencrypted personal information, other states are looking to require the same, and the US Senate is considering making this a national mandate.
- Basel II, which affects financial institutions worldwide, has forced the creation of revolutionary data privacy and information security laws in the US, as well as in the United Kingdom and Japan.
- Encryption Solutions from GuardianEdge Technologies
- GuardianEdge Technologies' successful track record of more than 10 years of encryption experience has attracted an international customer base of large corporations, government agencies, the US military, universities and other institutions, with more than 2,000,000 seats sold.
The company's client list includes numerous Fortune 500 enterprises across several vertical markets. Clients that use encryption solutions developed by GuardianEdge Technologies belong to the following industries:
- Aerospace and defense contractors
- Central and commercial banks
- Chemical and specialty chemical manufacturers
- Electric, gas and water utilities
- Federal, state and local government agencies
- High-technology manufacturers
- Traditional manufacturing firms
- Telecommunications companies and ISPs
- Insurance companies and other financial services firms
- State and federal government agencies
- Major government integrators
Some of GuardianEdge's major customers include Lockheed Martin Corporation, Lincoln Financial and Humana Corporation.
