Collaborating and sharing files remotely has become the new norm as the world records record numbers of employees deciding to work from the comfort of their own homes. Whether it is a large corporation or a small business, sharing files through the net comes with a certain degree of risk.
With this, and the vulnerability of working remotely, it is imperative that business-critical information is properly and securely protected from any sort of malicious attack.
ArchTIS’ Ltd (ASX: AR9), a company offering security solutions for sensitive information, today has announced that i-Sprint Innovations has joined and agreed to resell their archTIS’ flagship product NC Protect to its corporate customers in the Asia-Pacific region.
With companies adapting to their new work-from-home world, demand for software to protect sensitive files has become evident as companies move to beef up their security systems.
i-Sprint, a leading provider in securing identity and transactions through the cyberworld, has agreed to resell archTIS NC Protect software to support enterprises in the finance industry, government agencies, as well as defence clients. i-Sprint’s current product offerings include advanced authentication (biometric and multifactor authentication), single sign-on services, end-to-end encryption authentication, and transaction data protection.
The addition of NC Protect to i-Sprint’s data security portfolio means they can market it to their existing customer base of more than 90 corporations, including Credit Suisse, Citibank, Bupa, Bank of China, and Bank of America, just to name a few.
The NC Protect software has already been onboarded by applications such as Microsoft 365, OneDrive, Google Teams, DropBox and many others. The software monitors and sleuths for data like files, messages, and chats between individuals and sorts it to be stored on either an on-site server or on the cloud.
The protection works by dynamically adjusting the security of any file based on analysis that looks at the users and files attributes to ensure that what can be seen, used and shared is in line with an organisation’s regulations and policies.
“Collaborating and sharing of files has become the normal way of doing work. We see demand from our customers and markets for a solution to protect such work norms. By partnering with archTIS, i-Sprint can complete our product offering to provide advanced information protection, and secure collaboration for Microsoft 365 and file sharing solutions in the Asia Pacific markets,” said i-Sprint CTO and Vice Chairman, Albert Ching.
GM of archTIS Asia Pacific, Matthew Kluken, said: “I’m excited to announce our partnership with i-Sprint to expand their data security solutions portfolio and offerings for the financial services industry and other security sensitive organisations with NC Protect. We have quickly shown how i-Sprint can empower their customers to safeguard sensitive and confidential information with our first new joint client.”
This announcement comes a few weeks after the Company made its NC Protect software available to Microsoft Azure customers in a deal it struck with Microsoft. By leveraging the software’s adaptive capabilities, Azure customers can quickly adopt the protection through the Microsoft Azure Marketplace and Azure Government Marketplace, where archTIS aims to meet the current increased demand for the service.
It can be confidently said that the Company is well placed currently to explore additional avenues of acquisitions, collaborations and any potential offtake agreements in the near-future.
Trading Desk Assistant at Emerald Financial
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