Yubico's Authentication Technology Sees 90% Growth In 2011
Yubico, a Swedish/American provider of online identity security has announced it has grown its user base by 90% in 2011. New customers include U.S. Department of Defense contractors, e-governments, and cloud technology. Along with the announcement, Yubico says it has ended 2011 with more than a million users and 18000 customers in 100 countries.
Your Last Facebook Update From The Grave - My Webwill Launches Globally
As a Finnish modern saying goes, "Life is man's prime time" - but it is sure to end some day, and more and more of our identity will remain alive in the digital online world after we are gone. Managing all your services can already be a daunting task for you yourself when alive, let alone for anyone else looking after your heritage after your earthly journey, be they a spouse, a relative, or a friend. Furthermore, they don't know how you would like your digital identities and remaining traces online to continue, nor have the means to access the services.
Swedish web startup My Webwill has addressed this problem by creating a secure online service that lets you decide how your online Internet presence should look like after your death, shutting down your online identities, or handing them over to friends and family. The service has just launched globally, after a couple of month's beta testing in Sweden.
Valimo Signs Elisa to Offer Mobile Identification in Finland and Estonia
Valimo, the Finnish mobile identification service provider, has signed agreement with the second largest Finnish mobile operator Elisa. The agreement allows Elisa's 2.5 million mobile customers in Finland and another 340 000 in Estonia to use mobile phone as everyday electronic identification method. With Valimo's solution the customers can login to internet services with a single PIN code, and also digitally sign documents. Thus mobile phone can replace web banking credentials now used extensively for secure identification in the region.
Valimo develops software to secure and perform transactions in both mobile and fixed network environments, offering solutions for digital signing, authentication, and validation. Valimo's service uses PKI (Public Key Infrastructure) and works on all handsets and devices, which use a SIM card as the user's secret key is stored on the card. Identification or confirmation request is sent onto the user's screen, and the user will use his/her own PIN code to verify. The service requires country specific registration of the person's identity and the SIM card. In Finland the registration is done by the police authorities.
Valimo's services have been well received , and the company recently announced the the Turkish operator Turkcell's customers recently exceeding 1,8 million mobile transactions.
Interview with Envault Corporation after strengthening board
These days when extremely confidential data left behind on USB sticks or hard drives both by companies and governmental agencies constantly hits the headlines, Finnish startup Envault Corporation, founded in 2007, sets out to help save the top management from losing sleep.
Envault's also just been able to secure some well-known professionals to their board. Read more below as Envault's Business Developer Tuukka Autio reveals how the company got started and what kind of plans they have.
1. Could you introduce briefly what Envault does and why you will be successful?
Envault Corporation develops and sells remotely controllable, ultra-secure, and password-free protection service for all USB-connected mass storage devices. The product category in which we operate is data security and especially data leakage prevention.
We have good chances to be successful because we are producing a unique service that offers real benefits to our target customers. Then again, it’s a crowded market space with very large established competition with broader product offerings. I would say that as a specialist vendor our job is to focus on a small category and be the world’s best in it, rather than try to become the next one-stop-shop of all data security like Symantec or McAfee.
it?
The roots of the technology lie in protecting payable content streams in mobile TV and IPTV broadcast. The original inventors are VTT’s (the Technical Research Center of Finland) researchers. The company was originally spun off from VTT to commercialize the stream protection technology under the name "Splitstreem". But very soon it was found out that the technology fits superbly with protecting file storages as well, and the market potential of such product would be far greater. We call this novel protection technology “envaulting”, hence the company’s new name “Envault Corporation”.
Envaulting, in brief, is a new, password-free data protection technology that we like to speak of as an evolution from encryption. Envaulting is virtually unbreakable, has no single point of failure, and allows you to monitor and control your data unlike any other security system. You can for example remotely disable a lost USB flash drive without requiring any connection to the drive - no matter where on Earth (or Moon, makes no difference) the drive is.
We have quite recently launched our first product based on the innovation, the Envault USB Storage Protection. To scan the market and find out what our potential customers expect from such offering, we have been actively talking to domestic customers already since last November, and the reception has been very positive. Several pilot implementations of our protection system are already up and running at our customers’ premises, and we have a very long list of interested customers and distributors we hope to serve in the near future.
3. Can you tell us a bit about the kind of supporters and financing you have?
Our main financiers are VTT, naturally, and Ilkka Hiidenheimo, the founder and CEO of Stonesoft. Other than that, we’ve utilized TEKES funding in our R&D.
We have managed to enlist seasoned experts to our board as well, as Mr. Ari Hyppönen, former CTO and board member of F-Secure, and Mr. Mikael Honkavaara, the software entrepreneur of year 2005, recently joined our board.
4. The solution seems to be aimed to large corporations and government agencies. Do you have foreign customers already and how do you plan to reach new ones?
We expect to eventually extract most of our sales from abroad, namely the EU and the US market, but as a small company we really want to do our homework well on our home turf before we go after the big game – so currently we sell directly to domestic customers that are close to us and that we can currently support with our local infrastructure. We are, however, working on establishing channel network in Central Europe, and expect results already later this year. The North American market is also very interesting to us
and we have identified several potential partners with whom we’ll continue to discuss about sales co-operation.
5. What can we expect from Envault in the future?
I can tell you that we’re working on something that can really transform the way companies and government agencies secure their most precious data.
