Irvine, CA – Identillect Technologies Corp. (TSX-V:ID | OTCQB: IDTLF | Frankfurt: 8ID) (the “Company” or “Identillect”), a trusted leading provider of SaaS email security today announced the release of its O365 seamless mobile experience. Since its inception, Microsoft® Office 365™, a cloud-based office suite, has earned the trust of a growing number of business owners attracted to its reliable email and wealth of bundled software. Today, the platform has more than 100 million active monthly subscribers.
Unfortunately, with so-many subscribers, the popular platform has also become an attractive target for cybercriminals, hackers who devise increasingly elaborate counterfeit email templates to steal O365 user email credentials.
“Any businesses using cloud-based platforms, including Microsoft 365, have to take extra precautions to protect their data and secure their email communications,” said Todd Sexton, a cybersecurity expert and the CEO of Identillect Technologies. “With more than $60 billion spent just this year by thousands of companies moving their data and processes to the cloud, there will be huge demand for cloud-based secure email tools.”
To help companies using O365 protect their email, Sexton’s company provides its Delivery Trust™ plugin for Microsoft® Office 365™. The new mobile experience provides a simple and secure way active members of an organization can seamlessly protect communications while on the go. If a company directs employees to use Delivery Trust™, encryption and decryption become an invisible component of every communication.
The Delivery Trust™ Outlook Web App Add-in enables secure messaging directly from any browser when users are logged in to their Outlook 365 account. Messages that are sent will automatically encrypt if sensitive content is detected by Delivery Trust™, and it will enforce the control measures, such as restricting printing, that are desired.
The adoption of cloud-based productivity and email services offer businesses many advantages in cost, connectivity, and productivity, however, there are other vulnerabilities which can arise, and can compromise a company’s integrity, and pose a legitimate risk to the business from cybercriminals.
This is where the use of Office 365™ and other email services work in favor of Identillect, as is being witnessed by the uptake of Identillect’s Office 365™ Delivery Trust™ email security solutions.
“Securing cloud-based, mobile communication has always been a challenge,” said Sexton. “We’re proud to provide the simplest, most secure email safety tool on the market today to the growing number of mobile, cloud-dependent businesses.”
There were more than 15 million Americans who experienced identity theft based on a recent study released by Javelin Strategy & Research. Even more concerning is the fact that this cost Americans over $16 billion, and this figure is expected to increase throughout 2017.
The cyber security market is one of the fastest growing markets in technology. Breaches involving accidental email/internet exposure of information were the second most common type of breach incident reported by the Identity Theft Center. Global spending will cumulatively exceed $1 trillion dollars over the next 5 years, with cyber security damages predicted to reach $6 trillion globally by 2021 reported by CSO online. The need for advanced cyber security tools to prevent data breaches will only continue to increase with an estimated 4 billion individuals’ online requiring security by 2020.
About Identillect
Identillect Technologies is the leading provider of email encryption service Delivery Trust™, empowering enterprises of all sizes to protect their business and their client’s critical information against cyber security attacks.
Delivery Trust™ is an award -winning, multi-platform plug-in, which gives users complete control of their emails, for one low price. One simple integration complies with all regulations and most importantly provides peace of mind.
For more information, or your free trial, please visit www.identillect.com
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Todd Sexton
Chief Executive Officer
Identillect Technologies Corp.
Tel: (949) 468-7878
Email: todd.sexton@identillect.com
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
id@kincommunications.com
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This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
