? EDITOR ’ S QUESTION //
TRADITIONAL ENCRYPTION SOLUTIONS CAN ’ T SCALE FOR TODAY ’ S
NEEDS . HIGHLY REGULATED
ORGANISATIONS NEED THE ABILITY TO FREELY ACCESS AND USE THEIR DATA WITHOUT
HAVING TO REVEAL THEIR ENCRYPTION KEYS OR DATA CONTENT TO
Every month , we pose industry experts a question pertinent to the issues of the day . This month . . . .
AULTREE HAS INTRODUCED a first of its kind Encryptionas-a-Service solution to improve data protection for the cloud era .
The company ’ s end-to-end encryption technology provides companies in highly regulated industries with a fast , scalable and easy-to-integrate solution that makes it possible to work with fully encrypted cloud data at scale , maintaining top performance without the need to decrypt data or surrender encryption keys .
Data breaches are anticipated to cost an estimated US $ 6 trillion in damage to the global economy by the end of 2021 , with attacks growing in intensity due to increased vulnerabilities in cloud , mobile devices and the vast amount of existing breached data .
While companies have financial incentives to scale using distributed tools like cloud computing services , they must also comply with industry standards and federal regulations that require restriction of access to sensitive data . At the same time , legacy encryption techniques are buckling under the strain of scale and are cumbersome to deploy and manage .
Vaultree enables organisations to work with their data in any kind of cloud environment , database or in conjunction with third-party SaaS tools in a fully end-to-end encrypted form while staying compliant . Its solution provides highly regulated businesses with :
• Ease of integration and use : Vaultree enables companies to be at the forefront of data security with a zero-knowledge
HOW CAN SMES BEST MANAGE AND ADHERE TO DATA PROTECTION REGULATIONS ?
BREACHES ARE ANTICIPATED TO COST AN ESTIMATED US $ 6 TRILLION IN DAMAGE TO THE GLOBAL ECONOMY BY THE END OF 2021 .
approach , with an easily integrated solution that ’ s simple to use for any enterprise .
• Boosted security and control : Vaultree keeps sensitive data fully encrypted even while being used , stored or shared and gives the user full key control , never requiring a disclosure to Vaultree or a cloud provider . Audit logs and access management are included .
• Enhanced performance and scalability : Users get the highest performance power with an infinitely scalable solution that can be used across multiple industries and platforms .
Tilo Weigandt , Co-Founder , Vaultree , said : “ Traditional encryption solutions can ’ t scale for today ’ s needs . Highly regulated organisations need the ability to freely access and use their data without having to reveal their encryption keys or data content to anyone . Vaultree ’ s Encryption-asa-Service solution provides a fully compliant and frictionless way for organisations to protect their most sensitive data without sacrificing performance .”
Intelligent SME . tech