Seqrite, one of the leading providers of enterprise security solutions has entered into a technology collaboration with Jetico, a Finnish company developing data protection software, to develop superior encryption solutions and expand its enterprise security portfolio. Through this collaboration, Seqrite gains the rights to integrate the technology from Jetico's whole disk encryption software and deliver the finest 'Endpoint Encryption' solution to its customers.
In today's digitized world, the risk of data breaches has become a key concern for CIOs and CISOs. Hence, security teams are increasingly deploying safety measures to protect sensitive data from unauthorized access. Encryption is regarded as the most critical tool to safeguard data from internal as well as external threats. Keeping this in mind, Seqrite has partnered with Jetico to introduce the finest encryption technology to its customers.
With this cutting-edge technology, Seqrite has developed a world class encryption solution best suited for enterprises and government establishments. Designed to protect data residing on whole disk as well as removable media, 'Seqrite Encryption' enables customers to protect sensitive information and mitigate the risk of data exposure. It is equipped with advanced security features which prevent unauthorized access to endpoints. Whole disk encryption supports Microsoft Windows desktops and laptops and prevents against physical threats in case of lost or stolen endpoints. Removable media encryption encrypts entire contents on removable devices such as pen drives, USB drives and makes it accessible to only authorized users.
Seqrite is the enterprise security solutions brand of Quick Heal Technologies Limited, one of the leading providers of IT Security solutions. It offers a host of enterprise security solutions which includes Endpoint Security, Unified Threat Management (UTM), Mobile Device Management (MDM), Server Security and now Endpoint Encryption. Additionally, Seqrite Services caters to the growing demand of Managed Security Services of enterprise customers. Seqrite's customers are secured by the state-of-the-art Quick Heal Security Labs, which detects and analyzes millions of malware infections on a daily basis.
Speaking about the collaboration, Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal Technologies Limited said, "Quick Heal Technologies is committed to building sustainable, long term partnerships with global leaders. Jetico is a leading provider of Encryption Software and we are delighted to partner with them. Data Security has become a key concern for businesses with the rise of digital workplace and workforce. Our collaboration with Jetico will enable us to tap into its capabilities in building superior encryption solutions to provide best in class experience to enterprise and government customers through the brand 'Seqrite'."
Founded in 1995 and headquartered in Finland, Jetico is a leading developer of world-class data encryption and wiping software. Jetico's BestCrypt and BCWipe are used in over 100 countries, trusted by corporations, governments and military agencies, including the U.S. Department of Defense.
Jetico Founder & Chairman, Dr. Tommi Rasila said, "We are proud that Seqrite has selected Jetico as their partner in encryption. Then again, we are second to none when it comes to security. During our history of over 20 years, Jetico has never compromised the integrity of our software with any backdoors or related weaknesses - and we have no intention to break this tradition. Being from a small, tech-savvy country such as Finland, means that we can make high-security products without any backdoors, which is important to those who take their data privacy seriously. Seqrite has made the right choice in choosing an encryption solution with which they can guarantee that their clients' data is safe from any outside intrusion."
Shares of Quick Heal Technologies Ltd was last trading in BSE at Rs.218.4 as compared to the previous close of Rs. 217.15. The total number of shares traded during the day was 55168 in over 1411 trades.
The stock hit an intraday high of Rs. 222.2 and intraday low of 215.75. The net turnover during the day was Rs. 12068313.