StoredSafe

Highly Confidential Information – Outsourced IT

Business Needs

A Research & Development department in a global conglomerate with an outsourced IT operation performed a risk analysis and identified a need to further protect highly confidential information such as new products, product recipes, etc. The loss of this data would potentially jeopardize the future of several large entities within the enterprise. Even though, strong mitigating security controls are in place internally and with the outsourcing vendor, the risk for loss of this data would be such a significant event that needed further mitigation.

This type of event could also be classified as a black swan event. Black swan event is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.

Solution

The organization implemented File StoredSafe that included redundant storage of highly confidential documents at the outsourcing provider and own premises. The implementation included 30 users and was implemented within less than three weeks.

Key Benefits

  • “Real” business-need-only access to highly confidential data i.e. no IT administrator has access to any data
  • Expanded defense in depth to reduce the risk for black swan event
  • Highly secure solution
  • Easily integrated and deployed into the current IT infrastructure
  • Quick implementation time
  • Low investment and maintenance
  • Easy to use

Project Investment

Solution Price
File StoredSafe including 30 users $13,150
Redundant solution $11,850 (Optional)
Implementation Support $5,000 (Optional)
Redundant solution $11,850 (Optional)
Total $30,000

Total Monthly Estimate Year 2 for 30 users: $405