Route1 Comments on the Impact of Recent, Significant Data Security
Events
MobiKEY Users remain Unaffected by Heartbleed Bug and Increased
Litigation Risk
TORONTO, ONTARIO--(Marketwired - Apr 23, 2014) - Route1 Inc.
(TSX-VENTURE:ROI), a leading provider of secure access technologies
for the mobile workspace that protects businesses and government
agencies and whose customers include the U.S. Department of
Defense, the Department of Homeland Security, the Department of
Energy and the Government of Canada, today released a statement on
recent, important developments pertaining to corporate data
security and Enterprise Mobility Practices.
NJ Court Ruling: FTC Authority
On April 7, 2014, U.S. District Judge Esther Salas of New Jersey
affirmed that the Federal Trade Commission could proceed with its
lawsuit against Wyndham Worldwide Corp. as a result of the
company's failure to safeguard customer information, which resulted
in multiple breaches of personal information. The ruling is a
significant step towards holding organizations legally liable for
failing to implement and enforce proper security controls for
sensitive data.
As part of its thought leadership program, Route1 routinely
speaks with its senior-level government and private sector clients
to identify trends and emerging challenges in the market. As a
result of these interactions Route1 issued a white paper on the
possible legal implications of BYOD security policy in September
2013. Judge Salas' decision reinforces the assertions made in the
white paper: poor data security policy will ultimately lead to
legal action against an organization.
Tony Busseri, Route1 CEO, noted, "The New Jersey court's ruling
confirms our assertion that legal consequences are a very concrete
risk that organizations accept when settling for inadequate data
security measures. As evidenced by Judge Salas' decision, proper
technological controls must be put in place to ensure the security
of sensitive information. Information Security can affect the
financial well-being of the entire organization and thus ceases to
simply be an IT function. Boards and executive management teams can
no longer ignore the topic."
In pursuit of increased productive enterprise mobility
initiatives are often rolled out without proper consideration of
the two most common risk vectors leading to data breaches: Lost or
stolen devices and USB sticks on one side, and the propagation of
malware or viruses via compromised remote assets on the other side.
Reducing these risks through policy has proven to be ineffective.
Instead we are seeing organizations seeking to implement technology
that allows them to unlock the productivity gains of BYOD and
mobile access while neutralizing these risk vectors. High assurance
access to enterprise resources can be enabled without actually
downloading data to the remote devices. This way all sensitive data
stays within the enterprise network and its established security
controls. The cost effectiveness of this approach is self-evident.
Instead of spending time and money on managing and controlling the
remote asset, you simply ensure its identity, restrict its access
and never let it cache or download anything.
The Heartbleed Bug: The end of single factor
authentication
The New Jersey Court's decision coincides with the recent
discovery of the widespread Heartbleed Bug. The Heartbleed Bug is a
flaw in the OpenSSL open-source encryption implementation that is
used across roughly two-thirds of available Internet services and
website. The full extent of the fallout from the Heartbleed Bug is
still unfolding, but it poses the very real possibility that untold
millions of usernames and passwords, that were used only once with
a vulnerable internet service are now in the hands of malicious
parties.
Mr. Busseri continued, "Verizon just released its 2013 Data
Breach Investigation Report and confirms that stolen passwords are
used by hackers in the majority of data breaches. With Heartbleed
we now have a situation where you need to assume that all of the
limited number of passwords your employees use have been
compromised on a web service that uses OpenSSL. Accordingly, you
have to implement multifactor authentication when granting mobile
access to corporate data. This is now a priority that simply cannot
wait. Our customers continue to belief that integration of smart
card technology is the easiest, most user-friendly, reliable and
cost effective way to do so."
MobiKEY, Route1's flagship technology, meets all the named
requirements. It features a smartcard enabled, cryptographic USB
device or smartcard reader to ensure that employees leave no trace
or evidence of their computing session when remotely accessing
sensitive data. All enterprise files stay within the corporate
network, simplifying security policy enforcement. Most importantly,
MobiKEY does not require any changes to your IT infrastructure;
instead it integrates with deployed technologies and can be rolled
out in a matter of hours.
If a MobiKEY is lost or stolen, enterprise networks cannot be
compromised in any way - unlike other portable devices that can be
used to store sensitive data and can easily put organizations at
risk. Just as a cell phone service can be suspended or cancelled
when loss or theft occurs, digital certificates issued to MobiKEY
can be temporarily suspended or revoked.
By providing airtight protection against data loss, MobiKEY
enables organization to unlock the productivity gains of BYOD and
mobile access without exposing them to the embarrassing and costly
effects of prolonged litigation. Ultimately, MobiKEY provides
enterprises with stability - technologically, legally and
financially.
Mr. Busseri adds, "Complex times do not require complex
solutions but rather simple ones that directly address the core
problems of data security. Keeping sensitive data within the
enterprise network via MobiKEY is such a solution. MobiKEY unlocks
the productive gains that mobility promises without exposing
organizations to the risk of data loss or litigation."
ABOUT ROUTE1,
INC.
Route1 enables the mobile workspace without compromising on
security. Its flagship technology MobiKEY uniquely combines secure
mobile access, with high assurance identity validation and
plug-and-play usability. Remote and mobile workers are able to
securely and cost effectively access their workspace from any
device without exposing the organization to the risk of data
spillage or malware propagation. MobiKEY customers include Fortune
500 enterprises as well as the U.S. Department of Defense, the
Department of Homeland Security, the Department of Energy and the
Government of Canada. Headquartered in Toronto, Canada, Route1 is
listed on the TSX Venture Exchange.
For more information, visit our website at: www.route1.com.
This news release, required by applicable Canadian laws, does
not constitute an offer to sell or a solicitation of an offer to
buy any of the securities in the United States. The securities have
not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within the
United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
© Route1 Inc., 2014. All rights reserved. Route1, the Route1 and
shield design Logo, SECURING THE DIGITAL WORLD, Mobi, MobiSecure,
MobiLINK, Route1 MobiKEY, Route1 MobiVDI, MobiKEY, MobiKEY IBAD,
DEFIMNET, MobiNET, Route1 MobiNET, TruOFFICE, TruFLASH, TruOFFICE
VDI, MobiKEY Fusion, MobiNET Aggregation Gateway, MobiNET Switching
Array, MobiNET Secure Gateway, EnterpriseLIVE, EnterpriseLIVE
Virtualization Orchestrator, MobiNET Agent, MobiKEY Classic and
MobiKEY Classic 2, are either registered trademarks or trademarks
of Route1 Inc. in the United States and or Canada. All other
trademarks and trade names are the property of their respective
owners. The DEFIMNET and MobiNET platforms, the MobiKEY, MobiKEY
Classic, MobiKEY Classic 2 and MobiKEY Fusion devices, and MobiLINK
are protected by U.S. Patents 7,814,216 and 7,739,726, Canadian
Patent 2,578,053, and other patents pending.
Other product and company names mentioned herein may be
trademarks of their respective companies.
Route1 Inc.Tony BusseriCEO+1 416
814-2635tony.busseri@route1.comwww.route1.com
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