Contact Information: For More Information: Erin Jones E.S. Jones PR for BitArmor 704.664.2170
BitArmor Is the First and Only Data Security Company to Offer a No-Breach Guarantee(TM)
Smart Tag Technology Provides the Broad Data Protection Companies Need to Safeguard Themselves From the Threat of a Security Breach -- Guaranteed
| Source: BitArmor
PITTSBURGH, PA--(Marketwire - January 15, 2009) - BitArmor™, the leader in data
protection software that helps corporate executives secure sensitive data
throughout their organizations, today announced the industry's first and
only no-breach guarantee, to provide companies peace of mind as they work
to protect themselves from costly security breaches. The BitArmor No-Breach
Guarantee™ is available for its DataControl software solution which
delivers a combination of full disk encryption for laptops and persistent
file encryption using Smart Tag technology to continuously protect
information -- not just devices -- everywhere the data travels.
"The BitArmor no-breach guarantee might sound gimmicky but after thinking
it through, it's quite a bold statement about its confidence in its
product," said Nick Selby, Vice President and Research Director, The 451
Group, a technology industry analyst company. "We expect that competitors
will be forced to put their money where BitArmor's mouth is -- this has the
potential to be a data security product guarantee standard."
According to the Identity Theft
Resource Center of San Diego, data breaches were up nearly 50% in 2008
to nearly two breaches a day -- exposing the personal records of at least
35.7 million Americans. These data breaches are costing companies millions.
In fact, over 80 percent of companies have had a breach in the past 12
months and each breach costs, on average, approximately $197 per breached
record to address the damage. Among the biggest expense are the increasing
government requirements for public security breach reporting. According to
the National
Conference for State Legislatures, 44 states, the District of Columbia,
Puerto Rico and the Virgin Islands have now enacted stringent legislation
requiring the notification of security breaches involving personal
information.
"The increasing cost and piercing impact of data breaches has left
companies wondering about what products they can turn to with confidence to
protect themselves against information leakage and cybercrime," said
Patrick McGregor Ph.D., CEO of BitArmor. "We want companies to know that
they can trust BitArmor. In fact, we are so certain that our technology
will safeguard valuable data, we will refund the purchase price of our
product if BitArmor-protected data and BitArmor controls are breached. This
confidence is our way of showing that we are there to stand side-by-side
with our customers, 100 percent."
By using BitArmor's DataControl software with Smart Tag technology,
companies continuously protect their information -- not just devices --
everywhere the data travels. In addition to providing full disk encryption
for laptops, BitArmor uses its unique Smart Tags to enforce policies for
persistent file encryption -- on laptops, desktops, file shares, USB
devices, backup tapes and as email attachments -- so data always remains
protected.
BitArmor is so confident in its technology to continually protect sensitive
data, it is offering the industry's first and only guarantee against data
breaches -- the BitArmor No-Breach Guarantee™. If a BitArmor-protected
enterprise ever becomes the unfortunate victim of a data breach that
circumvents BitArmor controls, the company will refund the purchase cost of
its technology. The BitArmor No-Breach Guarantee is available now. For more
information, please visit www.bitarmor.com/guarantee or call 412.682.2200.
About BitArmor
BitArmor offers breakthrough data protection software that protects data
wherever it goes. Because it combines persistent file
encryption with full disk
encryption, BitArmor gives customers a single integrated solution for
protecting data at all of its most vulnerable points, like on laptops, on
USB drives, in e-mail attachments. Our software helps customers precisely
control access to sensitive data so they can achieve regulatory compliance,
reduce the liability of publicly disclosing data breaches, and protect
valuable intellectual property that is shared inside and outside of their
enterprise. Leaders in the Healthcare, Retail, Education, and Legal
industries -- among others -- have chosen BitArmor's easy-to-manage,
cost-effective data protection.