The current global health challenge has cost the United States economy more than $2 trillion dollars in two months according to the Mercatus Center at George Mason University. Facing sudden losses in market value and sharp declines in revenue, enterprises are faced with the difficult decision of “what to cut” following budget reductions across all departments. Often, non-revenue department come under evaluation first.  And one that will face stringent analysis is the IT department.

According to market research firm Canalys, the sudden and dramatic switch to remote work forced companies worldwide to spend 34% more on IT from January to March this year than they did during the same period last year. This increase in spending covers a wide variety of teleworking software, encryption, VDI terminals, and computer hardware, all from different vendors that do not integrate. Paul McKay, a senior analyst at Forrester Research Inc., argues “There are a lot of security tools in organizations that are shiny nice objects but aren’t really doing much for the business.” In order to reduce IT expenditures while still providing important security, chief information security officers need a one-vendor long-term solution instead of a multi-vendor band aid.

A true long-term solution requires a wholistic approach that quickly identifies and thwarts threats without extensive financial resources and labor hours. IT departments deploying one-vendor solutions can access and manage all devices through the same platforms and toolkits, simplifying the onboarding process of new hires. For users, being within the same environment throughout the company’s technology suite reduces help desk calls and costly mistakes made when switching between systems. In addition, a federated zero-trust architecture across the employee and outsourced user community network reduces the number of user-actions and support demand.

SPYRUS’ Solutions tackles these challenges with cost-conscious and easy to use cryptographic solutions incorporating encryption, authentication, and management.   The SPYRUS ecosystem is comprised of hardened endpoints, endpoint management, and secure collaboration tools. SPYRUS hardened endpoints are the only Microsoft-certified Windows-to-Go drives and are built with Common Criterial EAL 5+ components and FIPS 140-2 Level 3 validated, ensuring both physical security with a tamper-proof design and cryptographic multi-factor authentication. With SPYRUS’ endpoint management platform, endpoint activity is logged and flagged, and if deemed appropriate, the enterprise can “destroy” the endpoint keys remotely from anywhere in world, rendering all data on the drive unreadable. Lastly, the SPYRUS NcryptNshare application allows for the encryption of individual files, documents and/or folders to include digital signatures, be time-locked, and set read / write permissions. Together, these technologies offer a complete solution from one-vendor securing data at rest, in process, and in motion.

While the current situation we are all facing has been termed a “black swan” event, we know it will have lasting effects on “normal” operations.  Enterprises that successfully navigate the changing cybersecurity environment now will simplify their technology suite without compromising on security, and the only way to accomplish this is through a single-vendor solution, making your vendor selection the most important security decision. For further information why SPYRUS Solutions may be the right vendor for you, contact a sales representative at sales@spyrus.com.