Cipherpoint extends data protection with cp.Protect for SharePoint users

Cipherpoint Ltd (ASX:CPT) has released its cp.Protect product for SharePoint 2019 users with an extension of features such as a new cloud initiative and hardware security module.   cp.Protect puts control of the data in the hands of the data owner including blinding privileged uses such as system administrators, which reduces the risk of insider threat and ensures privacy compliance. The company has also extended the features of cp.Protect to support customers using their own hardware security module (HSM) for storage of encryption keys and integration with their Active Directory for user management. Next evolution planned The increase in collection and use of sensitive information in files and documents is having a material impact on the governance and security associated with sensitive information. Knowing where your sensitive data is and being able to appropriate protection is critical to reduce the risk of breach and achieve compliance with privacy and other standards. The next evolution of cp.Protect will see the capability extended to include independent access control and encryption for SharePoint Online and MS365 whereby the enterprise controls both the location of the data and the encryption keys. The key use case for the next evolution of cp.Protect is ensuring that the data stored in SharePoint is only accessible to authorised users. This applies for content such as board papers, sensitive strategic project documentation and personal information. Any company’s SharePoint on MS356 tenant administrators can continue to do their job but are unable to see the sensitive content and therefore the risk of malicious or inadvertent disclosure is reduced. Consolidating control in one place Cipherpoint is a leading provider of software solutions that enable continuous identification, classification and secure management of unstructured data across the enterprise and the cloud. The company consolidates control into one place for businesses to securely manage their data to be compliant, reduce risk, reduce costs and improve productivity