Move Represents Important Step Towards Mitigating Impact of Data Breaches
AUSTIN, TX / ACCESSWIRE / November 10, 2016 / CipherLoc Corporation (OTCQB: CLOK), a leading supplier of high-value security
solutions, today announced the prototype availability of its upcoming solution targeted at data at rest applications. The products,
which will be branded under the moniker CipherLoc SHIELD, represent an important extension of the CipherLoc portfolio due to its
focus on mitigating the effects of data breaches.
Since 2013, nearly 5 billion data records have been lost or stolen. The unfortunate reality is that despite over $75B being
spent a year on information security products, it's not a question of if an organization will be breached, it's simply a question
of when. In response to this, CipherLoc has developed a solution ("CipherLoc SHIELD") that is designed to protect an organization's
most sensitive data prior to, and in case of, a data breach. With its specific focus on data at rest irrespective of its location
(database servers, hard drive, memory, backup tape, etc.), the CipherLoc SHIELD product family can be used to help minimize the
damage caused by the inevitable data breach.
"As clearly demonstrated at Target, Verizon, LinkedIn, Dropbox, Yahoo, and countless others, data breaches have become an
inevitability" said Mike Salas, Vice President of Marketing and Sales of CipherLoc. "While we cannot prevent beaches from
occurring, our new data at rest technology is designed to safeguard any data compromised in a breach by rendering it unusable to
the attacker. With the average cost of a data breach now exceeding $4M, our new CipherLoc SHIELD solution is a highly affordable
approach that provides an outstanding way to mitigate the impact of a data breach."
CipherLoc SHIELD will fully complement the company's recently released product portfolio (EDGE, ENTERPRISE, GATEWAY) which are
focused on providing protection for data in motion. The CipherLoc SHIELD will be delivered as a C++ software library element that
can in turn be integrated into any existing product, service, or application thus supporting a large variety of usage models.
Examples of customers who can benefit from CipherLoc technology include:
- Security service providers who are seeking to offer
highly-secure protection of data to their clients - Application developers who currently use encryption technology in their
products and who need a more secure solution that can be easily and seamlessly added - Other security software companies wishing to
enhance their products and offerings through the addition of an innovative data protection solution - Systems integrators who can
offer a more secure solution to their clients in the healthcare, financial, banking, and any other industry where data protection
and user privacy is important
Early access to the CipherLoc SHIELD software are available to qualified customers now with full commercialization to follow in
January, 2017.
About CipherLoc Corporation (OTCQB: CLOK)
CipherLoc Corporation is a data security solutions company whose vision is simple - Protect the World's Data. Our highly
innovative solutions are based on our patented Polymorphic Cipher Engine which is designed to enable an ironclad layer of
protection to be added to existing products, services, or applications. We deliver solutions that are highly secure, synergistic,
and scalable. In short, we keep information safe in today's highly dangerous world. For further information, please go to
www.cipherloc.net
Media Contact
Mike Salas, msalas@cipherloc.net
SOURCE: CipherLoc Corporation
