CYPHYX is a dynamic company with cutting-edge products that will solve problems or needs.
Prevention costs less than detection !!
For the current Cybersecurity market, Detection seems to be the go to solution. Only problem with products being so focused on detection is that once they detect the breach or intrusion then the costs really begin to escalate for detection.
Detection is similar to guarding valuable items by placing them in the middle of your property and then placing someone there to watch it to make sure no one steals it. Depending on the size of the property and how many guards you may or may not know when someone steals some of the valuables immediately and it could be a while. Even if you have enough guards and small enough property, when the theft occurs the guards aren't necessarily trained to stop the theft, only to detect when the theft occurs. So while detection is helpful when reporting the theft to the authorities and your insurance, it does nothing to really prevents or stop it from happening.
And this is why CYPHYX chose to focus more on prevention and less on detection. While CYPHYX products can detect when nefarious actions occur, their true purpose is to prevent, stop, or make useless the theft in the first place.
For instance with SQrazorLoc, the primary purpose is to protect the data in an SQL database and to only allow access to it for those applications that you grant permission. There is logging and analytics that allow the customer to be alerted when a possible attack is occurring, but the true value is in the fact that SQrazorLoc halts the attempted attack, and even if the thief manages to get any data at all, it is protected and that protection cannot be removed. This makes any data expropriate worthless and the attack a fruitless venture.
And this means that unlike most detection products, CYPHYX products don't lead to further costs due to a breach. From the article, the average costs of a breach are staggering;
According to the IBM and the Ponemon Institute Cost of Data Breach Study the numbers are staggering to say the least.
Average Cost of a Data Breach
Globally: $3.62 million average cost of a data breach, up 17% since 2013
In the U.S. only: $7.35 million average cost of a data breach, up 25% since 2013
Average Cost per Record Breached
Globally: $141 average cost per record breached
In the U.S. only: $225 average cost per record breached
When you compare those costs plus the costs associated with your average detection products, you can see that prevention is the far more cost effective approach.
The Shocking Cost of a Data Breach to Small and Medium Sized Businesses
Small Businesses Are Under Attack now more than ever before. Let's face it the tech giants have the resources to focus on the data security of their customers and users. Even though they spend millions of dollars on data breach-prevention tools and policies they still sometimes have issues.
For really secure communications, you then need to share a new key each time you want to communicate information that is supposed to be secret. The use of a new key each time is considered to be equivalent to using what cryptographers call a one-time pad. A one-time pad harkens back to the days when an actual encryption key was distributed on paper and a unique sheet of paper was used each time. Because each key is used only once, cracking such encryption is difficult.Wayne Rash, eWeek article, "Why Quantum-Resistant Encryption Needs Quantum Key Distribution for Real Security"
12870 Trade Way Four
Suite 107 #665
Bonita Springs, Fl. 34135