Blog

Tag: Brite Computers

Ron Arden presenting on NYDFS compliance at RSS 2017Ron Arden, Executive Vice President & COO, Fasoo, Inc. spoke to security professionals and executives on how to meet the data-centric requirements of the NYDFS 23 NYCRR 500 cybersecurity regulations for financial services organizations at the 2017 Rochester Security Summit at the Rochester Hyatt in Rochester, NY.

Ron delivered a presentation entitled “Do You Have a Pathway to Data Security and Compliance?” as part of the risk and compliance track during the October 19 – 20, 2017 event.  With deadlines approaching for some of the more challenging components of the NYDFS cybersecurity regulations, timing was right as Ron reviewed results from the recent Ponemon Institute survey on NYDFS readiness and Fasoo’s approach to help meet the technical challenges of protecting unstructured data or data stored in files.  This is an area that most organizations are struggling with, since about 80 percent of their information is not in databases, but is in office documents.

Conversations during the presentation ran from concerns about meeting regulatory compliance to those trying to protect intellectual property from walking out the door.  One financial services company is in process of locating and classifying all files trying to decide what is sensitive and what is not.  Ron suggested thinking about all files as sensitive and encrypting them upon creation.  If you spend a lot of time determining what is and what is not sensitive, you may miss something and cause more problems.  If you need to remove the encryption to share with someone externally, it’s easier to make an exception for that rather than expecting users to decide on the sensitivity of a file.  That causes breakdowns in workflows and burdens users unnecessarily.  Plus you may not meet the NYDFS requirement to encrypt all nonpublic information.

Bill Blake, Senior Vice President of Fasoo, and Ron joined security partner Brite Computers in a booth during the vendor focused times during the 2-day event.  Brite and Fasoo have had great 
RSS 2017 after party
success over the years bringing security technology and a customer-focused approach to solving business problems to numerous customers in a variety of industries.  The initiatives helping customers become compliant with the NYDFS regulations is the just latest.

Brite also had an RSS after party on Thursday evening to meet with customers and partners in a more relaxed setting.  It was held in the newly renovated Center City Terrace & Lounge and allowed everyone to take advantage of the unseasonably warm weather.  It was great to get to meet a lot of Brite’s current customers and talk to them about how Fasoo can help them address many of their security and compliance issues.

The event this year showed the continuing need for data-centric security solutions as companies try to mitigate the risk of both external hackers and insider threats to their most sensitive data.  Complying with regulations is important, but the main goal of these regulations is to protect sensitive data from leaking or being stolen by unauthorized people.  Stopping this has become a main focus of many CISOs and boards.

Wrapsody Intelligent Digital Document Platform Eliminates the Problem of Locating and Security DocumentsFasoo announced the newest version of Wrapsody, our intelligent digital document platform, at the Gartner Symposium/ITxpo 2016 in Orlando, FL.  It eliminates the problem of locating and securing documents by simplifying the collaboration process and ensuring you have the latest document at your fingertips.

Wrapsody is the only solution that combines file-centric collaboration and digital asset management without overlooking security.  The solution manages and secures the entire lifecycle of an organization’s content as it traces each piece of digital content wherever it goes.

File-centric management is a completely new approach to document management. Each Wrapsody document carries a unique document ID and version number. That identification mitigates the very real concern of working on the wrong version of a document while reviewing or sharing with others.  Since the ID is always with the document, wherever it goes, the document is intelligent.

Working on the wrong version of a document is not the only concern.  It is frustrating trying to search for specific files and can waste a lot of time.  Wrapsody locates documents quickly with several approaches including a dynamic tag view, where each document is tagged and can be seen in a tile-type user interface for tag based search.  Branch maps visually show all related documents connected with the original document. Wrapsody provides actual document usage in real time, and provides intelligent analytics about user performance related to documents.

Rather than relying on a separate system for managing all documents, Wrapsody provides APIs to interconnect all documents that reside in the silos of document management systems. All the metadata is bound to the content by linking content and metadata at all times rather than to a location.

Organizations are faced with the daunting task of locating and managing a wide array of documents, whether they are in emails, messages, file servers, document management systems or on user’s desktops or mobile devices.  Even if you use a content management system or an Enterprise File Sync & Share service, many of your most critical documents still remain unmanaged. Wrapsody features that address these issues include:

Instant Version Control, Backup and Restore at Rendering Applications – Wrapsody enables version control “on-the-spot” for individual files while using a rendering application, like Microsoft Word, instead of within repositories.  The solution automatically backs up each version without user intervention as a user checks-in the file from the rendering application.  This mitigates risks from potential ransomware attacks.

On-demand Sync and Share without Hot Folders – When users open a Wrapsody file on a desktop or mobile device, they are confident they have the latest version without having to worry about placing the file in a hot folder. Users are able to replace the file with the newer version or open an older one. When a Wrapsody document is created, or updated, all viewers and revisers receive an instant push message or email notification, including a download link to the relevant version.

Chat on Documents – Wrapsody lets users add comments when creating, revising or reviewing Wrapsody documents. With this feature, users can maintain chat sessions about individual documents, including a history of changes and why changes were made. This leaves the workflow decision process in the document history, making it easy to understand why and how changes were made.

Analytics on Document Usage – Wrapsody provides real-time user status including specific activity within a document. Users are able to review what new documents have been assigned, what has been read and what remains unread. This feature is critical for managers, providing easy to read visuals illustrating user activities within specific groups. In addition to use, the solution offers a graphical map showing the derivation of a document from other documents enabling an analysis of how, when and where templates are being used.

File-based Access Control and Audit Trail – Wrapsody offers access control and an audit trail of wherever the document has traveled. Document owners can define and assign permissions (revision, view only access or no access).  And with these permissions, Wrapsody graphically displays how each document has been used, according to the organizational and permissions chart. Wrapsody also provides an embedded option for Enterprise DRM to further enhance security.

Brite Computers has been using Wrapsody for sharing and managing documents. “Before we implemented Wrapsody we used email or copied files to a network share to collaborate on projects,” said Trevor Smith, Executive Vice President of Brite Computers. “Wrapsody simplified everything with every user being immediately notified of file changes and the latest versions automatically synced to everyone’s desktop and mobile devices.”

Categories
fasoo_logo
Contact Us
Your data security journey starts from here!
See how Fasoo can help your data privacy and security.