Wire 21M Series Partners, LLC, a company that has developed an end-to-end encryption technology (E2EE) for the enterprise,Snapdragon Insiders 144hzlowengadget has raised $4M in Series C funding at the Dell Technologies Conference in Chicago. The Series C funding will allow the Company to scale its business and penetrate new markets. As the company continues to build out its enterprise business, it is aiming to raise additional rounds of funding in the future to accelerate the growth.
Data sovereignty is a major motivator for customer adoption
In the world of cloud computing, data sovereignty has become a huge issue. With the rise of the cloud, it is becoming increasingly important to understand the concept and how it affects your business. Whether you’re using a cloud service or storing your data on premise, you need to understand your legal and security requirements to ensure that you’re not compromising your brand.
There are many different types of privacy laws and regulations. Some are more complex than others. For example, Canada has laws that prohibit exporting personal information without consent. But, how can you be sure that you’re following all of the legal requirements for your country?
A better way to keep your data secure is to create and manage it in a way that ensures your organization’s full ownership. If you don’t, your data can end up in the wrong hands.
End-to-end encryption is a security standard for E2EE
End-to-end encryption (E2EE) is a security standard that protects the privacy of messages in transit. The process uses asymmetric cryptography to generate a pair of keys – one public, and one private – that encrypts and decrypts messages on the device of the sender and receiver.
Although end-to-end encryption is secure, it can be subject to a man-in-the-middle attack. This occurs when an attacker attempts to read an encrypted message while the recipient’s endpoint is compromised.
Another issue is that law enforcement agencies could access the encrypted data without knowing who sent it. This allows them to search for illegal activities, or to scan user messages for fraud.
Some E2EE service providers argue that law enforcement should have access to encrypted messages. Others have built backdoors into their systems to allow them to do so.
Airgapped network scenario
An Airgapped Network is a network that is physically isolated from other networks. It may be used to improve the security of a company or a system. Some of the common uses are military networks, payment systems, and industrial control systems.
While it sounds like a simple concept, implementing an air gap is not easy. Besides, there are lots of ways an attacker could get in.
Aside from physical separation, you can also consider using encryption to protect your data at rest. This will make sure your data is useless to an attacker.
However, transferring information to a secure network is labor-intensive. You’ll need to analyze your security risks before putting it into practice. If you need to do so manually, you’ll want to set up a system that is foolproof.
Rising revenues mediating the need for external capital
Entrepreneurs tend to divide capital sources into two camps: debt-based and equity-based. The latter is referred to as relationship capital. Relationship capital is especially important to businesses that depend on external resources. For example, the food and beverage industry relies on external resources. Its growth depends on the supply of these resources. But a lack of sufficient revenue can lead to a lack of external capital. Hence, entrepreneurs are often willing to give away some of their equity to obtain external capital.
However, if the business is able to raise revenues, the need for external capital may disappear. It is not clear how the need for external capital is mediated, however. According to research conducted by Fang et al. in 2016, it is important to know the role of relationship capital in the process.