IronKey Founder and Chairman will address federal cyber security leaders and their counterparts in the private sector at a Security Innovation Network (SINET) conference this week. The Company joins other executives from the Department of Defense, The Office of the Director of National Intelligence (DNI) and the Department of Homeland Security (DHS) as a featured presenter at the two-day event taking place March 15 – 16, 2011 at Stanford University. The conference is one way the DHS-supported SINET organization works to forge public/private partnerships that accelerate national security innovation in cyberspace. The use of IronKey’s portable storage devices with strong encryption and cloud-based management allows organizations to achieve safe harbor from fines and mandated notification. Its sales in its banking business unit more than doubled every quarter last year.
The Center of Interbank Cooperation (CCI), a non-profit organization
composed of 230 financial institutions, will develop anti-fraud solutions
with Experian Ltd. The partnership will develop the “Service of
Prevention of Fraud” (SEPFRA) which is designed to prevent losses
to fraudulent activity. In turn, for automatic screening of credit
applications, CCI will implement Experian’s “HUNTER” anti-fraud
software. “HUNTER” compares data requests received to generate
real time alerts.