1. Most Discussed
  2. Gainers & Losers
CVT 2.4¢

Data Encryption

  1. Motivated1

    63 Posts.

    Coming from an I.T Systems Integrator background and currently a Systems Engineer with a strong focus on virtualisation, I can see how Covata's main Software (Safe Share ) can integrate into businesses ranging from small to medium to enterprise. Many businesses have a Centralised Data share typically known as the company's Private and Public Share. I have seen many Busineses actually neglect the need to encrypt their data mainly due to lack of knowledge and presumably have faith in their employees not to distribute data outside the organisation. Now a days businesses of any nature cannot simply rely on NTFS permissions or the locking down of Managed storage with Active directory to secure their data. They need an encryption software that is reselient and not have a direct impact on performance such as Covata. The market is hugely dominated by PC's and thus Microsoft realised the potential with Bitlocker to attract Businesses to keep rolling out their OS platforms such as Windows 7. Having bitlocker on every PC impacts performance and is not centrally managed, well you can set it up via group policy however that does not encrpyt public shares commonly known as the Public Drive. When I first came across covata, I realised the huge potential that this software can deliver to the business especially the integration part along with the revocation. So no matter where the data is, if it's encrypted rest assured that only staff with access permissions can access the data. Why not invest first up to protect your data rather spend millions to investigate who hacked your data and finally come up with millions more to find a solution such as covata Safe Share to secure and protect and not only that, fix the reputation that has been damaged and also lose customers from bad publicity that the hackers caused to your business. If I was a business owner, I'll definitely know what to do.

    Hopefully this will shed some light with investors that have no knowledge in Software or Information technology in general.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.