Global advisory, broking and solutions firm WTW has launched Indigo Vault, a first-to-market document protection platform.
The platform will provide advanced cybersecurity for sharing and storage of business sensitive files.
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In addition, the platform utilises both cloud and local document management systems. It then provides protection against insider threats, AI system exposure and cyber theft, by ensuring documents and assets such as Word, Excel spreadsheets, PowerPoint presentations, PDFs and Outlook messages are protected and controlled, while providing minimal disruption to the user.
Using WTW-patented, end-to-end quantum resistant security, Indigo Vault allows assigned users to decide where and how documents are stored, who can access them and for what length of time on a specific device, and how documents are used, to prevent them from being saved, seen or shared outside of specifically defined parameters.
Sean Plankey, global leader of cybersecurity software at WTW said: “As the value of our data grows, more companies are unfortunately victims of data breaches, where their own internal technology couldn’t compete with that of cyber hackers.
“And, with many companies adopting AI systems, they’re now at risk of inadvertent internal data leaks, as AI scans their system to learn their company data set and can inadvertently add confidential data to public documents.
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By GlobalData“While technological advancement is a positive for business, security needs to keep pace to protect intangible assets, whether that be confidential client information, financial trading formulas, business strategies or legal documents. Data losses are costly, not only in monetary value but in terms of trust, so where companies can eliminate an area of risk, it’s imperative that they do so.”
