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Eclypses Inc. 16 Leadership Column
The Cyber Security Companies to Watch 2020 Trusted Most
Eclypses Inc.
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A Next Gen-Cyber Security Company Revolutionizing Digital Data Protection with MicroToken Exchange® (MTE)
ith so many cyber threats, cyber security services W are in demand.
The world as a whole needs to understand the gravity of the situation and the challenge, to secure all types of sensitive digital assets. Though, protecting the digital data and sensitive information is the utmost need of every organization yet, very few cyber security services can provide the satisfactory results.
Mostly used current methods are simply not good enough. The days of storing data in a vault, building a firewall or two around it, and then utilizing encryption methodology intrusion protection, simply are not stopping bad actors from successfully stealing what’s inside.
Meet Eclypses Inc., a cyber security company that offers revolutionary methods for protecting the business digital assets and sensitive information. Steven R. Russo,EVP of the Eclypses, Inc., has achieved many milestones in its pathway in the development of MTE. With long term experience of Eclypses Inventors Tim Reynolds, CTO and David Schoenberger, CIO that both have deep backgrounds in and around payment card security, everyone in the organization has had the confidence to develop the MTE cyber security solution that would not only work but would revolutionize how digital data is protected, both while at rest as well as while in transit.
Higher Level of Data Security “If Data Can Be Hacked, Lost, Stolen or Intercepted, Then Stop Using “Real Data” Use MicroTokens Instead,” says Steven. Eclypses provides technology, services, and education to secure sensitive digital information, additionally, mitigating risks, while protecting reputations and assets. Services of Eclypses provide a new, higher level of data security while maintaining flexibility, adaptability,
36 | January 2020 and accessibility through use of its own MicroToken ® Exchange (MTE) proprietary-patented MicroEncryption - ® MicroTokenization solutions. Eclypses takes cyber security to a new level within its PCI DSS certified, as well as HIPAA, Certified, hybrid server system. MTE is also available for remote deployment.
Innovative, Disruptive and Patented Technology Eclypses’ industry leading cybersecurity software, MicroToken Exchange, (MTE) help its clients protect their most sensitive and private digital information from cybercriminals and cyber terrorists today. With the next generation of technological advancements, and the advent of quantum computing, there remains a requirement for innovative cyber security assurance measures to protect against and prevent new vulnerabilities. The results of such cyber-attacks can be disabling, catastrophic and financially debilitating in many ways. Eclypses, solved this problem of protecting data with its innovative, disruptive and patented technology, MicroToken Exchange (MTE).
Eclypses has invented a new “Quantum Resistant” disruptive framework known as MicroToken Exchange, or MTE, utilizing methods which replace actual data with ™ MicroTokens , or MicroToken clusters. This occurs throughout the process of storing and or transmitting of sensitive data elements depending upon the application.
Passionate and Intelligent Leadership Steven Russo, Executive VP, comprehends the importance of cybersecurity and believes “The best defence, is a good offense”, he emphasized “In the age of technological development, data privacy has become even more prevalent than ever before. Long ago, individuals used fireproof safes, solid steel safe boxes or rented safety deposit boxes at banks to preserve all their critical and confidential information. However, today, everything being digital it’s all about the digital vault.”
“Eclypses’ industry leading MicroToken Exchange (MTE) continues to help its clients protect their most sensitive and private information from cybercriminals and cyber terrorists. We don’t make the THINGS you use, we make the THINGS you use more secure™
Hybrid cybersecurity platform of Eclypses, without risking the exploitation of sensitive data, supports and simplifies the capability to analyse, share, and distribute mission critical information seamlessly across multiple platforms. The Eclypses team is very passionate about cybersecurity. Along with Steven they have been available for many Keynote speaking engagements. Additionally, Steven has published a host of security white papers and articles, many of which have been featured by larger, highly respected and read publications.
Unique and Elegant Software Eclypses MTE concepts are unlike any other approach in the world today, as MTE makes data exploitation impregnable, systems and connected devices remain unscathed, stable and secure. It is both unique and elegant in its brilliant design and architecture. In most cases, there is no requirement to change or add additional hardware or method of communication. MTE is applicable to Data-AtRest, Data-In-Transit, for the Internet of Things (IoT) and industrial (IIoT) along with commands to connected and or “Intelligent” devices.
Eclypses provides a paradigm shift in encryption capabilities for data transmission and storage. Because MTE is “designed to be easily implemented with any existing software requiring low amounts of processing power and memory to work in a resourced constrained environment,” it is a natural solution in most commercialenterprise, government, military and national security applications. Low latency for secure command & control systems is of paramount importance and is strongly desired by key decision makers.
Facilitate the Securing of Data Eclypses maintains four proprietary patents currently, with two more pending. Through the deployment of Eclypses MicroToken Exchange, it can facilitate the securing of
www.insightssuccess.com Steven R. Russo Executive Vice President Eclypses Inc.
Data-at-Rest, Data-in-Transit as well as Commands to both Connected and or Intelligent devices.
Solving a Long-standing Vulnerability Eclypses’ newest break though is the securing of data in transit for Web based applications/connected devices. It has proudly named the solution WebMTE. WebMTE is the first protection of its kind as it secures transmitted sensitive data elements within a web page both seamlessly and easily, by deployment through a web server browser session. This technology is going to revolutionize sensitive data transmitted by individuals over the internet, using their web browser. WebMTE solves a long-standing vulnerability that has existed for years.
Creating a Difference Eclypses is creating a difference with its ability to replace exploitable data with un-exploitable MicroToken Exchange (MTE) software and proven security processes. Individuals and businesses continue to face the daily challenge of securing data & commands to be connected with intelligent devices-systems, known as (IoT) (IIoT). Eclypses provides a simpler, yet, elegantly sophisticated, secure solution, that is rapidly deployable, impregnable and affordable. MTE is the answer everyone in the cyber community has been searching for.
Key POS Trends Reshaping
Retail Sector the I n recent times, the retail industry hasn’t seen a more exciting invention since the invention of cash register. With new and innovative technologies helping shape both online and offline experiences for consumers, the landscape is continuously changing in a way which was unimaginable even few years back. The best part is that there seems to be no end of the innovation, which only influencing the purchase decision of the consumers. Nowadays the main focus of retailers is to create a safe, engaging, and unique shopping experience for its consumers, it’s very important for the retailers to understand the importance of Big Data and in-store analytics and adapting to the cloud. With the retail industry at the verge of massive transformation, we are listing out few key trends that everyone needs to know to be successful in the ecosystem that is transforming quickly. Multi-system Integration Multi-system integration with various applications gets the utmost priority from top retailers. Most of the retailers list out POS integration with other applications as a key priority alongside the implementation of dynamic marketing content through mobile devices. This is mostly due to the retailer’s interest to store all the customer information and purchase history in a database, which is completely centralized that could be easily integrated with multiple applications. However, in order to do that, a retailer needs to use an ERP database that can handle all these. Speed People always look for quick solutions for everything. A clock starts ticking the moment a customer enters, no matter how good the product is, if the process is slow and the attention to details are missing, then customers will leave disappointed. As a retailer, one cannot please everyone, but with a modern and efficient POS, the service can be improved. A modern POS simplifies the communication between various departments and can save a lot of time for both the retailer and the customer respectively. Managing Stocks Keeping and managing inventory is a nightmare for most of the retailers, and it’s quite natural. Managing inventory is a never-ending task and takes a lot of effort, time, and manpower. However, it is quite important to manage inventories when it comes to long-time survival. An efficient POS system always makes the process of managing the inventory much easier. The best part of a POS is, one can monitor the status of stocked items, shipped products, and new orders anytime. This is a huge time saver for a cumbersome and a tedious process, and eventually helps retailers to focus on other important aspects of running the business. Customized Experience With POS systems, retailers just need to provide personalization that scoops out every shopper. Every passing year, retailers are adapting to personalized technology solutions that allow an interactive user experience. Thanks to the emergence of all new mobile POS technology, now retailers can offer its customers more choices to accommodate their shopping habits by letting them to complete transactions anywhere in the store. Now with the invention of improved POS marketers and customer service teams can contact the buyer at each point of their purchase decision. With so much data retailers and consumers can have better customer service, quicker payment processes and access to better offers and real-time personalization.
Promotions and Marketing at its Best Nowadays with the advent of digital technology, marketing involves maintaining a digital presence as well. A POS can integrate all the advertised offers with transactions, making it easier to keep track of all the campaigns. Additionally, it can integrate with CRM and track customer behavior. When an offer gets popular among the masses, then the retailer will see it in his transaction data.
Usage of Big Data analytics In order to compete with e-commerce, retailers are now taking the help of Big-Data and in store analytics just to have a better idea about what’s happening inside the store. Big-Data analytics helps retailers to track how frequently a specific item moves from shelf to shopping cart allows retailers to know the trends that are dominant in the market. Analytics helps the retail industry in a big way to better understand consumer purchase pattern and behaviors.
Keeping Track of Employees To run a business smoothly a retailer, need few people. A POS system enables to manage them with great accuracy. With a Point of Sale system in place, employees can sign on or off easily and the system will automatically log their work hours and break hours.
Security Above all, a POS system offers great security protections that help keeping customer data safe. Retail stores and businesses are always prime targets for Cyber Criminals, and a data breach is not good for a business. So, by using standard encryption and firewall, businesses can be secured from cyber-attacks and customers can swipe their cards with a peace of mind.
So, here we have listed out few of the POS trends that will shape the future of the retail industry. As we look ahead, these trends will be on focus for both retailers and customers. The main advantage of an advanced POS system is greater efficiency and optimization, it links all the departments together which eventually allows to have better control over the inventory, better profitability, and to manage processes in an efficient way. Industry Trends