New Leadership Expands Focus on Security as a Platform Services  

SAN JOSE, Calif. — July 31, 2019 — SPYRUS Solutions, Inc. (“SPYRUS”) is focused on solving the growing threats of ransomware attacks as another city declares state of emergency after multiple universities hacked.  As municipalities strive to become “smart cities,” they are moving more business to the edge via ecommerce sites, social media platforms, embedded sensors, and streaming services.  The move to the edge promises multiple benefits of greater citizen or subscriber engagement, improved network performance and speed, and new revenue opportunities.  However, this move also leaves them vulnerable to an increase in security attacks.  The rise and escalation in ransom demands have heightened security concerns.

Vertical industries like government, insurance, healthcare and higher education are deploying SPYRUS solutions to ensure end point identity, while protecting it with strong data encryption at rest, in motion and in process—no matter the device or application.   The SPYRUS Enterprise Management System (SEMS) is a “security as a service” platform which connects enterprise end points via SPYCOS, the company’s device-independent Cryptographic Operating System, to provide the highest level of data protection and identity access.  A SPYCOS protected device managed by the SEMS platform ensures the integrity of the cryptographic keys, processes and certificates of any edge device or application.  The SPYRUS NcryptNshare application extends that same protection to virtual data objects or vaults in a traditionally non-secure cloud environment.  The result is portable encryption that is fast to deploy and scale and anchored to the cloud, ensuring enterprises and their customers or subscribers trust transactions to and from the edge.

“SPYRUS is solving the biggest challenges organizations face today—data security,” said Sue Rudd, director of Service Provider Analysis at Strategy Analytics.  “Its device-independent solutions allow them to secure any of their PCs or video cameras with easy to use “BYOD” tools at the office, the coffee shop or the airport.”

SPYRUS has expanded its focus on security as a service since Grant Evans was named company Chairman and CEO in late 2018.  Evans brings more than 30 years of operating experience at building start-ups, private multimillion dollar operations and publicly traded companies to this role.   He is a recognized security leader.  Evans has held several chief executive officer positions at ActivIdentity, NetFortis and A4Vision.

“Hacking continues to be the most common data breach tactic,” explained Grant Evans, chairman and chief executive officer, SPYRUS.  “But enterprises also expose data due to employee mistakes, insider threats and data on the move.  Enterprises can no longer rely on “good enough” security solutions or processes.  The increasing regulatory pressures and consumer sentiment are forcing enterprises to improve how they secure data at rest, in motion and in process.  SPYRUS provides a comprehensive suite of products and solutions that ensure the highest level of verified identity and encrypted data protection, and help ensure our customers meet the stringent “mandate to secure” requirements.”

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About SPYRUS, Inc.

SPYRUS develops and deploys cryptographic operating systems in innovative ways, providing the strongest protection for data in motion, data at rest and data in process.  For more than 20 years, SPYRUS has delivered encryption, authentication, and digital content security products to government, financial, and healthcare enterprises.  SPYRUS solutions enable customers to meet stringent regulatory requirements for data protections across industries.  Connect with SPYRUS on LinkedIn and Twitter.