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.


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

Cost per Month (30 users)

Assurance level File StoredSafe (30 users) Per month
AAA+ Redundant appliance, HSM included. Can be on-prem or hosted service. $440
AAA Single appliance, HSM included. Can be on-prem or hosted service. $340
AA Virtual Appliance as a Service, SoftHSM. Hosted by StoredSafe. $370
A Single Virtual appliance, SoftHSM. On-prem only. $220

Additional users is $4 per user and month, up to 500 users.

Additional users

Number of users Per user & month
1 to 499 users in total $4
500 to 999 users in total $3
1000 users or more $2