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IDC Recognizes Covertix as a "Cool" Information Security Vendor to Watch

Date: May 14, 2013
Source: Covertix.com


Kfar Sava, Israel (May 13, 2013) – Covertix, an innovative provider of file-level protection and intelligence solutions, today announced that the company has been recognized for its innovative approach for controlling and securing sensitive files by the analyst firm IDC in the recently published report titled Tall and Small — Smart or Cool, April 2013: An IDC Assessment of Security Vendors to Watch in Europe (Document #IS52V, April 2013).

IDC created this report for CIOs, CISCOs and other IT executives to stay current with information security vendors that are positively disrupting existing security approaches and are proactively addressing security concerns with revolutionary methods previously unseen. In the report, IDC labels Covertix as a “cool” information security vendor and acknowledges the company for its extremely innovative approach for protecting confidential documents and information assets.

“What’s cool about Covertix is its robust ability to control and secure files anywhere, even beyond the network perimeter in the cloud and with third parties,” explained Kevin Bailey, Research Director for Security Software at IDC. “It is always difficult to get a 360-degree view of protection on files, both when they are visible and also in archival and offline situations. Architecting keys to stay with files not only ensures correct accessibility but also addresses some of the concerns with retaining key management availability in the future.”

Covertix answers the growing need for information leakage prevention and sensitive data security by providing enterprise organizations with independent file-level security, surveillance and protection. The company's flagship product, SmartCipher, is a file-level loss prevention and rights management application that secures and monitors confidential documents and sensitive data by traveling with the file inside and outside the organization. By doing so, Covertix provides enterprise organizations with the business agility to confidently share confidential information without being exposed to the risks of information abuse.

“We are in discussions with a number of international and global companies who despite having a full arsenal of information security options do not have an answer for the need to share sensitive information with their business partners or protect their information assets after they leave the organization,” said Yoran Sirkis, CEO at Covertix. “As we expand our presence in the United States and Europe, this recognition from IDC serves a strong endorsement for our ability to protect what is currently the weakest link in the information security process.”

About Covertix
Covertix develops solutions to equip enterprise organizations with independent file-level protection and intelligence, protecting information assets, inside and outside the organization. Covertix' flagship product - SmartCipher™ - secures and monitors confidential and sensitive documents, by automatically tagging digital assets according to file context and content, continuously tracking and securing files, at any point or method of usage.

Covertix solutions enable employees, business partners and 3rd party vendors to collaborate freely, while significantly reducing overall information risk with minimal interruption to organization’s workflow. The company is privately held and backed by various bodies in the investment community, among them: The Office of the Chief Scientist of Israel, Maayan Ventures, Winnovation, Kima Ventures, 2BAngels, Comsec Innovation and accredited angel investors.

For more information on Covertix, please visit www.covertix.com.


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