Peter Brutin, Customer Services Manager at Origo and Paul Holland, CEO of Beyond Encyrption demonstrated the new Unipass Mailock secure email solution at the 'Empowering Advice Through Technology 2020' event held in London in February. The event which was organised by FTRC and hosted by industry expert, Ian McKenna, featured a number of live demonstrations including Unipass Mailock.
The video of the demonstration can be found here :
In this day and age we really should stop sending the email equivalent of postcards
Pre-internet, we’d think nothing of sending a letter as a way of keeping in touch with friends and family. If we went abroad, it was expected of us to send a postcard with an image of a beautiful sandy beach and scrawling “wish you were here” on the back before sending it in the mail. We would also carefully write a person’s name and address on there for all to see. Not only is this seen today as a bit of a GDPR nightmare but, the postcard can be easily intercepted and read by anyone from the unsuspecting postman to the humble burglar who knows you aren’t at home!
Emails: we’re sharing more than we realise
In today’s digital world the postcard may be a thing of the past but, when it comes to protecting sensitive information, old habits die hard. In fact, we are sharing more sensitive data than we realise. The “basics” of email remain unchanged from 30 years ago. Many businesses are probably using outdated Simple Mail Transfer Protocol (SMTP) when sending or receiving email outside of the security of their office internal system. What most people don’t know is that SMTP has no built-in security features at all, so the default state of all email services is unencrypted and open to attack – putting crucial information at risk.
Data (and email) protection
Beyond Encryption developed Mailock® as a way of protecting that crucial information. Going back to our postcard analogy, it’s the equivalent of sending our holiday well-wishes “in an envelope, sealed and tracked by Royal Mail.” That was how Mailock was described at the recent FTRC event in London, by Origo’s Pete Brutin. Beyond Encryption is partnered with Origo – a FinTech company dedicated to improving connectivity between financial services companies. In January, Origo announced they’d rolled out Mailock to more than 45,000 financial advisers who deal with hundreds of customers, and their sensitive data, on a daily basis.
Never gonna give you up – and Mailock won’t let you down At the FTRC event, Beyond Encryption’s Paul Holland gave a live demo of Mailock – emailing his good old friend, “Rick Astley”. Emails are encrypted and then password protected, so that only the intended recipient can open it. Rick Astley (not the real one!) was a contact of Paul’s and he’d already been verified as such. So, he’d received a text message with a notification that an email message was coming in, along with a code to open it. Only when that code is entered into the Mailock system, will the email be released.
From the perspective of a number of financial companies, including Origo, it’s a no-brainer when it comes to protecting customer’s data. Particularly given the increasing responsibility on organisations to demonstrate how they store, process and share data.
Following the FTRC event, Beyond Encryption has seen a huge amount of interest and we are expecting to see lots more.
If you think your business could benefit from a system like Mailock, contact Beyond Encryption to see how we can help.