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Everything Blockchain Inc. (OTCMKTS: OBTX) announced significant findings from an independent review of its EB Control data protection solution. Conducted by Bridgery Technologies LLC, the review confirmed EB Control's robust architecture against internet attacks, with hardened cloud servers ensuring data security. Notably, the solution employs AES-256 encryption and allows users to maintain data control throughout its lifecycle. Acknowledging the $43 billion lost to Business Email Compromise since 2016, EB Control aims to address growing data security concerns in the digital landscape.
Positive
Independent assessment verifies EB Control's robust architecture and security features.
Utilizes AES-256 encryption and offers intuitive user control for data security.
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None.
Findings showcase EB Control’s ability to ensure data security against modern threats
JACKSONVILLE, Fla.--(BUSINESS WIRE)--
Everything Blockchain Inc., (OTCMKTS: OBTX), a technology company that enables real-world use of blockchain to solve critical business issues, today released the findings of a third-party architectural review of EB Control, its patent-pending, zero-trust data protection solution. Developed by Everything Blockchain’s subsidiary Vengar Technologies, EB Control enables the original data owner to retain control of who, when, how and where their data can be accessed.
The review, conducted by Bridgery Technologies LLC, found that EB Control’s architecture enables it to withstand both common internet attacks and other malicious external threats. The assessment also stated that the cloud servers used for EB Control are significantly hardened. Further, Bridgery noted that EB Control provides a simple, yet effective, encapsulation for sensitive information.
“During this independent security evaluation, we were able to examine all levels of EB Control – from architecture to implementation,” said Ed Giorgio, President, Bridgery Technologies. “We were pleased to find that EB Control's solution is well-architected and provides strong cryptographic security and protection for its customers and their data.”
Everything Blockchain engaged Bridgery Technologies to assess the degree to which EB Control was delivering on its promise of providing an accessible data security solution.
“Software architectural reviews are an effective way of ensuring design quality and addressing architectural concerns,” said Richard C. Schaeffer Jr. of Riverbank Associates LLC and a member of Everything Blockchain’s Board of Directors. “This independent review adds a significant degree of confidence that EB Control delivers on its 'secure by design’ promise of data protection.”
The loss of data via file sharing and email is immense and expensive. According to a report from the FBI’s Internet Crime Complaint Center (IC3), issued on May 4, 2022, “Over U.S.$43 billion has been lost through Business Email Compromise attacks since 2016.” EB Control, which was launched in July, provides multiple types of encryption, including AES-256, to ensure secure data sharing. With EB Control, data authors and owners have a simple, intuitive platform that enables them to maintain control, whether it’s on their device, in transit or shared with others—for the life of the data.
For more information about EB Control, including the channel program, please click here. For more information about EBI, visit everythingblockchain.io
About Everything Blockchain, Inc.
Everything Blockchain, Inc. (OTCMKTS: OBTX) envisions a future where every transaction is trusted and blockchain is used to meet specific ESG goals, support cities of the future, build and control the transparency of supply chains and ensure the rights of data ownership sustain forever. The company’s patent-pending advances in blockchain engineering deliver the essential elements needed for real-world business use: speed, security, and energy efficiency. Current sub-brands include: EB Advise, EB Block and EB Control. For more information, please visit https://www.everythingblockchain.io/
About Vengar Technologies LLC
Vengar Technologies, LLC, an Everything Blockchain Inc. company, is a pioneer in bringing zero-trust concepts to data security. The company’s solution, EB Control, merges military-grade encryption, multi-factored authentication, geo-fencing, time-fencing and DRM technologies to provide users with perpetual control of their data whether stored or shared. EB Control’s intuitive, simple platform empowers users to take back control of their data security. Forever. For more information, please visit: https:/www.ebcontrol.io/
Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of blockchain and zero trust- based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Investor Relations:
RedChip Companies Inc. Dave Gentry Tel: 1-800-RED-CHIP (733-2447 or 407-491-4498)
OBTX@redchip.com
Source: Everything Blockchain, Inc.
FAQ
What findings were reported about Everything Blockchain's EB Control?
The independent review confirmed EB Control's robust architecture and ability to withstand common internet attacks.
What is the main purpose of EB Control by Everything Blockchain?
EB Control provides a zero-trust data protection solution that allows data owners to retain control over their information.
How does EB Control address data security concerns?
EB Control employs advanced encryption methods, including AES-256, to secure data sharing and ensures users maintain control throughout the data's lifecycle.
Which company conducted the architectural review of EB Control?
The architectural review was conducted by Bridgery Technologies LLC.
What are the implications of Business Email Compromise reported by the FBI?
Since 2016, over $43 billion has been lost due to Business Email Compromise attacks, highlighting the need for effective data protection solutions like EB Control.