Egnyte Delivers Mobile Data Management Suite For Comprehensive Device Security In The Enterprise

Egnyte Delivers Mobile Data Management Suite For Comprehensive Device Security In The Enterprise

Delivers Mobile Data Management Suite for Comprehensive Device Security in the Enterprise

First File Sync and Share Vendor to Offer Native Remote Wipe, Encryption, Trusted Device and Two-Factor Authentication Features

egnyte-logoLONDON, UK – May 22, 2013Egnyte, the leader in enterprise file sharing and synchronization, today announced its Mobile Data Management Suite, giving enterprises comprehensive control over corporate data through a variety of new device and file management strategies. This new offering enables sophisticated management of the full range of end user devices in the workplace while allowing IT departments to efficiently and seamlessly maintain complete control over corporate data.

Employees are increasingly integrating their own laptops, smartphones and tablets into work routines to share, edit and review documents both in and out of the office. A recent Gartner report states that by 2017, half of employers will require employees to supply their own device for work purposes.* Additionally, industry analyst firm Ovum Research found that over 57.1% of all full-time employees use a personal device to access corporate data.** This increased use has led to a corresponding increase in worker productivity.

But this Bring Your Own Device (BYOD) trend has also raised serious security concerns with respect to controlling where corporate data resides and who has access to it – the same Ovum report found that almost 80% of BYOD activity is still going unmanaged in the workplace.  And while Mobile Device Management (MDM) solutions have arisen to tackle the adoption of smartphones and tablets, the approach can be heavy-handed, resulting in securing the entire device instead of just its corporate data.

In addition, significant corporate sensitive data resides on employee laptops, which can translate into big headaches – and big costs – when an unencrypted laptop is misplaced or stolen. A Ponemon Institute Study*** reports that 70% of the more than 86,000 laptops lost in 2011 were not encrypted, and that the average cost of each unencrypted lost laptop to an organization was $56,165. Costs associated with a data breach represent 80% of the total cost of a lost laptop, compared to 2% for replacing just the computer. Encryption can reduce the cost of a lost laptop by more than $20,000, on average.

Egnyte Mobile Data Management Suite

The Egnyte Mobile Data Management Suite gives enterprise IT departments the ability to allow employees to use their own laptops and mobile devices in the work environment while enabling them to maintain tight control over corporate data and minimize costs. New management features include:

·         A Device Control Panel that provides an integrated, central view of all end user devices connected to a company’s account.  Administrators can view information about the user, device type, last time of access etc. and can take corrective actions such as disconnecting or wiping a device from the control panel in the event the device is compromised. And users can view their own devices, allowing for self-service when needed.

·         Local File Encryption on smartphones and tablets prevents data from being accessed directly from the mobile file system, by limiting access to authorized users using the Egnyte application.

·         Two-Step Login Verification enforces a second factor for login in addition to username/password verification. The second factor can be sent in the form of a phone call, passcode sent via text message or push notification to a smartphone. This two-step login can be enforced whether the user is logging in from a laptop, smartphone or tablet.

·         Certificate Based Device Trust allows only laptops, phones and tablets with a valid security certificate to access the company’s file sharing service, preventing access from unauthorized devices.

·         Remote Wipe of Files from the device control panel enables the initiation and verification of a remote wipe of all Egnyte file contents in cases where a device is lost or stolen.

“The Advanced Mobile Security Mobile Wipe Feature takes the risk out of BYOD and makes it easy for us to keep track of where our sensitive files are and who is viewing them,” said Orlando Castillo, Bulova Corporation. “Our employees are productive and get to use the devices they prefer while we can control our data instead of the entire device.  Management is happy because we have a way to ensure that we can keep company data secure.”

Egnyte offers our customers the option of using Egnyte in conjunction with their MDM solution or using our new capabilities as a MDM-light solution,” said Vineet Jain, Egnyte CEO. “With the native security and management capabilities, IT departments can reduce costs by getting everything they need in one place. More importantly, they can be confident their files and data are safe.”

Analyst Reports:

*Gartner, Inc., Bring Your Own Device: The Facts and the Future, David A. Willis, April 11, 2013.

**© Ovum, Multi-Market BYOD Strategy Results: The BYOD Management Gap, Richard Absalom, October 31, 2012

***Additional information can be found in the report: “The Billion Dollar Lost Laptop Problem Benchmark study of U.S. organizations.” This report was independently conducted by Ponemon Institute LLC and Sponsored by Intel  Publication Date: 30 September 2010

About Egnyte

Over 1 billion files are shared daily by businesses using Egnyte´s unique technology, which provides the speed and security of local storage with the accessibility of the cloud. Users can easily store, share, access and backup files, while IT has the centralized administration and control to enforce business policies. Founded in 2008, Egnyte is based in Mountain View, California and is a privately held company backed by venture capital firms Google Ventures, Kleiner Perkins Caufield & Byers, Floodgate Fund, and Polaris Venture Partners. For more information, please visit http://www.egnyte.com or call 1-877-7EGNYTE.

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as offer green/cleantech learning and consultive services around the world.

Our vision is to create awareness and to help find innovative ways to connect our planet in a positive eco-friendly manner.

In the meantime, you may connect with CloudTweaks by following and sharing our resources.

View All Articles

Sorry, comments are closed for this post.

Comic
How Identity Governance Can Secure The Cloud Enterprise

How Identity Governance Can Secure The Cloud Enterprise

Securing The Cloud Enterprise Cloud adoption is accelerating for most enterprises, and cloud computing is becoming an integral part of enterprise IT and security infrastructure. Based on current adoption trends, it’s clear that the vast majority of new applications purchased by organizations will be SaaS applications. The allure is evident, from cost savings to speed…

Significant Emerging Technologies To Lookout For In 2017

Significant Emerging Technologies To Lookout For In 2017

Emerging Technologies The entire world is being transformed right before our eyes. Emerging technologies are developing at break-neck speeds, and the global community needs to be prepared for what lies in the horizon. As with anything new or evolving there is benefit versus risk to consider. Most of the up-and-coming technologies that will soon affect…

In The Fast Lane: Connected Car Hacking A Big Risk

In The Fast Lane: Connected Car Hacking A Big Risk

Connected Car Hacking Researchers and cybersecurity experts working hard to keep hackers out of the driver’s seat. Modern transportation has come a million miles, and most all of today’s vehicles are controlled entirely by digital technology. Millions of drivers are not aware that of the many devices in their digital arsenal, the most complex of…

Having Your Cybersecurity And Eating It Too

Having Your Cybersecurity And Eating It Too

The Catch 22 The very same year Marc Andreessen famously said that software was eating the world, the Chief Information Officer of the United States was announcing a major Cloud First goal. That was 2011. Five years later, as both the private and public sectors continue to adopt cloud-based software services, we’re interested in this…

Building a Data Security Strategy – More Important Than Ever

Building a Data Security Strategy – More Important Than Ever

Data Security Strategy Article sponsored by SAS Software and Big Data Forum Security and privacy have been an integral concern of the IT industry since its very inception, but as it expands through web-based, mobile, and cloud-based applications, access to data is magnified as are the threats of illicit penetration. As enterprises manage vast quantities…

5 Ways To Ensure Your Cloud Solution Is Always Operational

5 Ways To Ensure Your Cloud Solution Is Always Operational

Ensure Your Cloud Is Always Operational We have become so accustomed to being online that we take for granted the technological advances that enable us to have instant access to everything and anything on the internet, wherever we are. In fact, it would likely be a little disconcerting if we really mapped out all that…

Why Security Practitioners Need To Apply The 80-20 Rules To Data Security

Why Security Practitioners Need To Apply The 80-20 Rules To Data Security

The 80-20 Rule For Security Practitioners  Everyday we learn about yet another egregious data security breach, exposure of customer data or misuse of data. It begs the question why in this 21st century, as a security industry we cannot seem to secure our most valuable data assets when technology has surpassed our expectations in other regards.…

Using Cloud Technology In The Education Industry

Using Cloud Technology In The Education Industry

Education Tech and the Cloud Arguably one of society’s most important functions, teaching can still seem antiquated at times. Many schools still function similarly to how they did five or 10 years ago, which is surprising considering the amount of technical innovation we’ve seen in the past decade. Education is an industry ripe for innovation…

Moving To The Cloud: A Smart Move Or Proceed With Caution?

Moving To The Cloud: A Smart Move Or Proceed With Caution?

Moving To The Cloud You hear it over and over again: The future of computing is in the cloud. Businesses should be moving to the cloud. If you’re not in the cloud, you’re behind the times. But trusting your essential data to a cloud may sound like a dubious proposition. Below are some of the…

Don’t Be Intimidated By Data Governance

Don’t Be Intimidated By Data Governance

Data Governance Data governance, the understanding of the raw data of an organization is an area IT departments have historically viewed as a lose-lose proposition. Not doing anything means organizations run the risk of data loss, data breaches and data anarchy – no control, no oversight – the Wild West with IT is just hoping…

Most Active Internet Of Things Investors In The Last 5 Years

Most Active Internet Of Things Investors In The Last 5 Years

Most Active Internet Of Things Investors A recent BI Intelligence report claimed that the Internet of Things (IoT) is on its way to becoming the largest device market in the world. Quite naturally, such exponential growth of the IoT market has prompted a number of high-profile corporate investors and smart money VCs to bet highly…

Cloud Computing Services Perfect For Your Startup

Cloud Computing Services Perfect For Your Startup

Cloud Computing Services Chances are if you’re working for a startup or smaller company, you don’t have a robust IT department. You’d be lucky to even have a couple IT specialists. It’s not that smaller companies are ignoring the value and importance of IT, but with limited resources, they can’t afford to focus on anything…

Big Data and Financial Services – Security Threat or Massive Opportunity?

Big Data and Financial Services – Security Threat or Massive Opportunity?

Big Data and Financial Services Cloud Banking Insights Series focuses on big data in the financial services industry and whether it is a security threat or actually a massive opportunity. How does big data fit into an overall cloud strategy? Most FI’s have a positive mind-set towards cloud IT consumption as it not only enables…

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

The Monstrous IoT Connected Cloud Market

The Monstrous IoT Connected Cloud Market

What’s Missing in the IoT? While the Internet of Things has become a popular concept among tech crowds, the consumer IoT remains fragmented. Top companies continue to battle to decide who will be the epicenter of the smart home of the future, creating separate ecosystems (like the iOS and Android smartphone market) in their wake.…

The Future Of Cybersecurity

The Future Of Cybersecurity

The Future of Cybersecurity In 2013, President Obama issued an Executive Order to protect critical infrastructure by establishing baseline security standards. One year later, the government announced the cybersecurity framework, a voluntary how-to guide to strengthen cybersecurity and meanwhile, the Senate Intelligence Committee voted to approve the Cybersecurity Information Sharing Act (CISA), moving it one…