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Five Companies Leading the Way in Encryption Technology

Biotech

Cybersecurity solutions have come under scrutiny recently. With more sophisticated hackers getting through and accessing sensitive information databases such as medical and financial accounts, there has been an upsurge in research and development of new and better methods for keeping them out. Encryption technology is a solution that is the most promising when sending sensitive data digitally. Specially encrypted codes are difficult if not impossible to crack, cloaking sensitive information access to prevent cyber criminals from making sense of the codes. This highly sophisticated technology is constantly evolving to stay one step ahead of cyber crooks. Startups that specialize in encryption technology are eyed by investors as good bets for receiving a decent return on investments. They're definitely in a niche that is worthy of consideration. Here are 5 companies that are leading the way in encryption technology.

5. Baffle

Baffle is a company that was established by founders with strong security, storage, and enterprise application development backgrounds. The goal of this business is to provide solutions that encrypt data so well that breaches in security become irrelevant. The solutions encrypt data that are both sitting on a server and being transmitted from one party to another. The solutions are intended to permanently thwart all attempts to access information by making it unintelligible to unauthorized users so data is protected at all times and through all processes. Baffle's name is descriptive of the feelings that cyberattackers are left with when attempting to access encrypted databases as the solutions are foolproof for keeping them out of sensitive areas. This is one of the key characteristics of the company that has made it a leader in the cybersecurity industry.

4. One Page CRM

One Page CRM is a private company that was founded in 2010 in the country of Ireland. The primary mission of One Page CRM is to provide customers with a cloud-based sales management application for SMEs throughout the entire world with solutions that boost sales. The company's technology caters specifically to small businesses with a design that relies on minimal data entry and user-friendliness. One Page CRM offers fast response time and outstanding customer service. The team is dedicated and knowledgeable. They assist businesses in the organization and efficient process development with fully protected data interactions through the use of reliable data encryption technology that prevents the use of any information obtained through a breach in the security.

3. Telegram

Telegram is a private company that was founded in 2014 in the United Kingdom. The company specializes in the development of new cryptocurrencies with decentralized applications. They base the 2018 lunch of cryptocurrency on multi-blockchain proof of stake system called the Telegram Open Network. They use encryption technology that maintains strict privacy for users with synced chats that can be accessed from multiple devices for user convenience. Uniquely, all messages on Telegram are heavily encrypted and they can self-destruct if suspicious activity is determined. Telegram is a company that goes the extra mile in protecting its customers from the threat of intrusions from outside parties. It provides a variety of different services for its clientele with full assurance that all data that is both resting or in the process is fully protected from the threat of cyber attack and capture.

2. Check Point Software Technologies Ltd.

Check Point Software Technologies is a company that has been around for decades. It is an American-based business that was founded in 1993. It is also a publicly listed company that has built a solid reputation for providing security and protection for users. It is the largest global vendor of pure-play security. It's known for providing industry-leading solutions that protect customers from cyberattacks. Check Point Software features an unmatched catch rate for malware and other kinds of cyberattacks. It claims a 100 percent breach prevention solution that allows customers to manage complete security estate from a single point across networks, mobile, clouds, endpoint, and workloads. The claim is for 99.9 percent precision for exposing, investigating, and shutting down attacks with XDR and SOC capabilities. With 27 years in the business of protecting sensitive data for its clients, Check Point Software Technologies has risen to a position of high reliability within the industry. It's one of the leading companies that rely on encryption technology to provide dependable cybersecurity solutions.

1. Enveil

Enveil is a private company that was founded in the United States of America in 2016. This is a startup that is entering into its fifth year of service in the cybersecurity niche of technology. The solutions provided by Enveil rely heavily on encryption technology. The software can analyze, search, and perform calculations on data without the need to decrypt any of the information. The solutions eliminate the risk of incidental exposure and theft by outside parties. Enveil provides organizations with a solution called ZeroReveal. This trademarked solution protects data while it's being processed or used. It is considered to be the holy grail of data encryption. Enveil is the first commercial solution that can ensure scalable, full lifecycle security for its users. It caters to the needs of organizations with the need to search for third-party data, cross-match, and derives insight from the sources without revealing the contents of the search or analytic. There is no compromise of security or ownership of the data underlying.

Final thoughts

Although each of the five companies in this list leads the way in encryption technology, Enveil is one of the newest startups that merits keeping an eye on. It hasn't been around as on as some o the others but its use of encryption technology is truly groundbreaking. It's the only company that offers solutions that don't require decryption of data. It has taken a theoretical value for cybersecurity and put it into action. This is why we listed it as the top pick for the most promising company using encryption technology to protect its clientele.

Allen Lee

Written by Allen Lee

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language.

Read more posts by Allen Lee

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