[vc_row][vc_column width=”1/1″][text_output]On February 13, 2015, US President Barack Obama signed “Executive Order — Promoting Private Sector Cybersecurity Information Sharing,” at the conclusion of his speech at Stanford University which hosted theWhite House Summit on Cybersecurity and Consumer Protection. The Executive Order speaks to the need for private companies, nonprofit organizations, executive departments and agencies, and others to be able to share information related to cybersecurity risks and incidents to collaborate in as close to real time as possible.

CEO of Prevendra, Inc., Christopher Burgess was invited to appear on CCTV-America (China TV – America) to speak to the topic of President Obama’s summit, and the broader topic of cyber security, encryption and whether hacking will ever end.

Salient takeaways – Security implementation of Prevendra’s product Red Folder places it in the vanguard. The use of consumer controlled encryption, multi-factor authentication, and user interaction which requires multi-step process of checks and verifications are all areas which the President and those at the summit called out for companies to address.

Data breaches do occur – one recently in the healthcare sector resulted in 80 million records being compromised and an entire state’s internal revenue’s database was stolen resulting in every taxpayer’s information being stolen – but – they don’t have to be the norm.

Prevendra - Red FolderWhat about Prevendra’s Red Folder?

Security is and always will be first and foremost with respect to Red Folder. Red Folder is architected using the trust-no-one (TNO) paradigm. TNO takes the controls, and by that we mean access to the content of each Red Folder, and places them in the hands of the account holder.

We endorse the efforts promulgated by President Obama, and those at the cybersecurity summit.  You may rest assured, as security practices continue to mature and evolve, Red Folder will also evolve.[/text_output][x_video_embed type=”16:9″ no_container=”true”][x_video_embed type=”16:9″][/x_video_embed][vc_column width=”1/1″][/vc_column][/vc_row]