As one of the world’s leading managers of alternative investment products, Investcorp is highly focused on preserving the confidentiality of the information that passes through its systems in Bahrain, London and New York. Statistics from a survey conducted by Pointsec reveal that one in every four unclaimed laptops found at airports and other public places in Europe have no kind of security on them, thereby facing the risk of damage and misuse. To prevent this, Investcorp has implemented Pointsec Endpoint Encryption solutions across 200 laptops in its three international offices.
Investcorp has four product areas: private equity, hedge funds, real estate investment and venture capital. Its investment products are offered to institutional and individual clients, primarily in the Arabian Gulf and, as a result, its executives travel frequently around the world.
“Privacy is critically important and is central to our business,” commented Steve Ritchie, the Managing Director for global technology at Investcorp. “Not only would our relationship with our clients be damaged if we had a breach, but the integrity of our brand would also be affected, and we could face heavy penalties from our regulators.
“Employing a centrally-managed, easy to use solution across all laptops quickly gives both executives and IT managers peace of mind when looking at regulatory concepts such as risk assessment, or data protection clauses in regulatory guidelines,” commented Ayman Majzoub, managing director, Pointsec Middle East, Africa & India.
Pointsec’s PC encryption software ensures that all or selected parts of a hard drive’s data can be encrypted in real time and can only be accessed by an authenticated user. Full disk encryption protects the operating system and sensitive system files, ensuring that all security vulnerabilities are closed.
“Pointsec out-performed the competition in terms of functionality, ease of management and world class references,” concluded Ritchie. “It is the only endpoint encryption solution that has earned the BITS Tested Mark, an important certification that demonstrates that Pointsec meets the particular needs of the financial services industry."