QualityStocks would like to highlight
eCrypt Technologies, Inc. (
OTCQB: ECRY), an emerging provider of military-strength data security solutions for enterprise, government, and military. The company empowers organizations with the freedom to communicate and collaborate without risk of liability, reputation damage, competitive threat, and other negative outcomes. eCrypt is the trusted first choice for those looking to keep their communications confidential.
In the company’s news,
Ecrypt Technologies continues to address America’s cybersecurity threats. Nearly every aspect of American society is interdependent with the Internet and its endless global network. Our dependence on this interconnectivity for communication, commerce and business creates countless cyber vulnerabilities to individuals, consumers, businesses and even government organizations. According to a U.S. Government Accountability Office report, over the last six years the number of cybersecurity incidents reported by federal agencies alone has increased nearly 680%. In the corporate world, data breaches and subsequent fines and litigation on average cost a U.S. business $534 million every year, according to the Ponemon Institute.
Ecrypt Technologies has formed the core of its operations and offerings to combat and prevent cyber threats and their impacts. The Boulder, Colorado-based company is an emerging provider of military-strength data security solutions for enterprise, government and military, aiming to empower organizations to communicate and collaborate without risk of liability, reputation damage, competitive threat and other undesirable outcomes.
As stated on its website, “A network is only as strong as its weakest link.” Ecrypt recognizes that the common factor in all cyber-based threats is the human factor. Whether intentional (such as attacks from criminal groups, hackers, terrorists, organization insiders, etc.) or unintentional (disruptions caused by software upgrades or defective equipment), these cyber hazards threaten confidentiality, financial information, business critical information, and a throng of other sensitive data.
Nearly 50% of an organization’s worth is derived from the information it stores, Ecrypt reports. As such, exposure or compromise of this information can be catastrophic to an organization. Ecrypt One, the company’s flagship solution, is an integrated email and encryption server that can be quickly deployed to fortify the security of corporate communication, including attachments and mobile devices, protecting the company against data breaches while eliminating phishing threats, malware infections and spam.
Ecrypt has chiseled its focus to zero-in on five key areas: healthcare, government and military, law enforcement, legal services and financial services. After conducting extensive market research for each segment and working directly with organizations in multi-billion dollar industries, Ecrypt has established a solid understanding of the business community’s need to maintain confidentiality, integrity and prevent data breaches while maintaining compliance with government regulations and mitigating litigation risks.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
