Wave Systems Corp. (fka WAVXQ)

[waveduke]

Blog post:

http://blog.wave.com/berger/new-cloud-based-wave-encryption-service-delivers-a-class-of-data-protection-once-available-only-to-large-corporations-2/


New Cloud-Based Wave Encryption Service Delivers a Class of Data Protection Once Available Only to Large Corporations


The risk of data breaches unfortunately brings out the gambler in many organizations. Currently, many companies are praying they won’t get breached or, if they do, that they won’t have to disclose it. Some believe the definite costs of IT security and disclosure of potential risks outweigh the possible costs of data breaches themselves.

Ask anyone who’s suffered a catastrophic breach whether that’s true.



Here’s the thing: The frequency, severity and cost of data breaches worsen every day, resulting in more commercial and government regulations requiring disclosure and penalizing noncompliance. Mobile devices are becoming ubiquitous, creating more potential exposure points for sensitive data beyond traditional IT security perimeters. Ignoring proactive steps to protect data is playing a game of chance with your brand and customer’s trust.

Data breaches pose an even greater risk to small and mid-sized businesses (SMBs). With breaches averaging $214 per compromised record in 2010, according to one report, even relatively small ones can devastate smaller businesses, which must follow all data protection requirements that large enterprises do, but often lack the IT infrastructure, staff and money to fulfill those mandates quickly, easily and cost-effectively. These organizations have lingered in a technological no man’s land, needing enterprise-level protection with consumer-level ease of use but finding few solutions that offer both. Many have had to accept higher risk of data breaches because they couldn’t implement the protection they need.

That changes today. Wave is announcing its new Wave Encryption Service (WES), a Cloud-based subscription service suitable for both the SMB and the enterprise. Designed for frictionless implementation, WES is easy to buy, deploy, manage and enforce. Further, as the first Cloud-based service enabling central management of self-encrypting drives, WES offers top shelf data protection in minutes, and for far lower up-front costs than dedicated solutions.

With WES, businesses can now automatically implement and enforce encryption policies on any corporate Microsoft Windows-based computer from virtually any location, even if the computer is lost or stolen. Thus, it helps level the data security playing field for SMBs by offering a level of protection previously available only to large enterprises.

Main WES features include:
¦A Web-based unified management console that allows businesses to organize their devices into policy groups
¦Support for multiple encryption technologies ranging from Microsoft BitLocker to self-encrypting hard drives (SEDs)
¦Pre-configured policy settings, alerts and reports that show compliance on demand
¦A centralized management log to meet safe harbor requirements
¦An intelligent client agent that:
¦automatically enrolls target devices
¦implements and enforces centralized policy settings even on disconnected devices
¦locks out data based on centrally designated triggers such as hard drive removal
¦Easy one-touch service activation that helps customers achieve IT security policy compliance in minutes rather than days
¦Low-touch deployment that frees organizations to focus on their core business
¦Transparency to end users, with no effects on user actions or system performance

WES is a game changer—delivering cost-effective data security to organizations of any size. Appropriate for the SMB, it also offers tremendous value to large enterprises as well, since its world-class protection easily scales to millions of devices without the need for additional dedicated resources. Plus, it is always up-to-date, which eases the burden of installing service packs and hotfixes on devices scattered across the global enterprise.

In short, WES can help all our customers better protect their critical data, reputations and bottom lines. That’s important to us at Wave, as the more companies we can help put their gambling days behind them, the better