InCountry, the solution helping companies go global and adopt SaaS solutions with data localization, is partnering with Intertrust, a software company providing data rights management and trusted computing products and services to leading multinational corporations. The partnership brings a unified interface to deliver a security and compliance platform in 90+ countries.
The COVID-19 pandemic has accelerated digital transformation for companies worldwide. While companies are making quantum leaps in digital technology, cyberattacks and data breaches are rising, with ransomware attacks estimated to reach $6 trillion annually by 2021, costing businesses more than $75 billion per year on average. Consequently, governments are implementing new data regulations to protect their citizens’ data, including laws that require companies offering SaaS products to store data locally. These laws are designed to protect personal data, consumer privacy, and allow governments to exercise their full legal power to protect their constituents.
InCountry and Intertrust are partnering to combine InCountry’s advanced data residency solution with the Intertrust Platform, a data rights management system that provides secure data interoperability. The Intertrust Platform provides advanced features like data governance and secure execution, that when coupled with InCountry’s solutions, significantly raise the bar for compliance with local data regulations in over 90 countries. InCountry ensures that data residency laws are observed, and Intertrust allows inter- and intra-enterprise interoperability and commerce to grow.
By linking their digital profiles to InCountry’s data localization capabilities, the joint offering gives global companies the ability to securely operate, store, and govern data in compliance with local regulations. This comprehensive solution tackles security threats and brings compliance in the face of increased regulatory requirements and threat levels.
This integration will equip enterprises with:
- Full secure interoperability between competing systems: Modern enterprises deal with multiple cloud platforms, on-premises systems and database technologies while interacting digitally with a number of partners, competitors, and local authorities. The joint offering provides a virtual data management platform for global operations that is reliable, highly available, and scalable—protecting sensitive, regulated enterprise data.
- Data safeguarding and storage: Companies can quickly and cost-effectively customize and control their solutions as needed, improving their ability to access information that includes data residency requirements.
- Rapid deployment: Enterprises can deploy and expand in new countries while ensuring data is protected and compliant in a matter of hours.
- Seamless integration: API-level integration allows for fast, efficient, and standardized data protection and provisioning at scale.
“We are pleased to partner with Intertrust to help businesses continue to scale amidst uneasy times,” says Peter Yared, chief executive officer and founder of InCountry. “Not only must enterprises stay ahead of data localization laws, but they also need to secure their data throughout the entire lifecycle. By integrating with Intertrust’s platform, we’re offering a solution that helps enterprises do both.”
The solution is immediately available from both Intertrust and InCountry and both companies plan to make the joint offering available globally in vertical markets ranging from the financial industry to entertainment and media to energy and automotive.
“We designed the Intertrust Platform to have the capability to integrate with world class solutions providers to provide customers with advanced features,” said Talal G. Shamoon, Intertrust’s chief executive officer. “InCountry’s technology is both unique and superlative in providing the best data residency solution, and fits elegantly into our offerings”
Intertrust brings over 30 years of innovation in data rights management and governance technologies. With its years of research and development in trusted distributed computing, secure systems, social computing, and experience in working with major corporations worldwide, Intertrust is equipped with the most experienced team to safeguard data.
The news comes on the heels of InCountry’s $18 million funding round and expansion across all 27 countries within the European Union (EU), in addition to Iceland, Liechtenstein, and Norway in the European Economic Area (EEA).
InCountry is a provider of solutions helping companies adopt SaaS products with global data residency and compliance. The company helps multinational companies scale amidst an era where global data regulations are changing constantly and unpredictably. InCountry is backed by Caffeinated Capital, Felicis Ventures, Arbor Ventures, Ridge Ventures, Bloomberg Beta, Charles River Ventures, Global Founders Capital, Parade Ventures, Mubadala Ventures, Accenture Ventures and MState. The company is headquartered in San Francisco, CA with offices in Singapore, Sydney, Minsk and Abu Dhabi. To learn more, visit www.incountry.com.
Intertrust provides trusted computing products and services to leading global corporations–from mobile, consumer electronics and IoT manufacturers, to service providers and enterprise software platform companies. These products include the world’s leading digital rights management (DRM), software tamper resistance, and technologies to enable private data exchanges for various verticals including energy, entertainment, retail/marketing, automotive, fintech, and IoT. Founded in 1990, Intertrust is headquartered in Silicon Valley with regional offices in London, Tokyo, Mumbai, Bangalore, Beijing, Seoul, Riga, and Tallinn. The company has a legacy of invention, and its fundamental contributions in the areas of computer security and digital trust are globally recognized. Additional information is available at intertrust.com, or follow us on Twitter or LinkedIn.