iCONECT and Leonovus in Partnership
To add "blockchain-hardened" encryption option to stored files
This is a Press Release edited by StorageNewsletter.com on March 8, 2018 at 2:18 pmiCONECT Development, LLC of London, ON, maker of the iCONECT-XERA document and video review platform already used to manage confidential information in some of the world’s highest profile legal cases and Leonovus, Inc. an Ottawa based software-defined storage and encryption technology company have executed a Letter of Intent committing the firms to create a combined product offering.
This offering assists corporations to meet regulatory requirements and increase security of sensitive documents and those used for legal cases as a component of their document management and eDiscovery workflow.
The Leonovus technology digitally scrambles and shreds electronic files, thus presenting an illegible pile of digital nuggets to anyone who gains unauthorized access to the files directly.
For review of the stored files, iCONECT has worked with Leonovus technical staff to integrate a method of reconstituting the digital nuggets and presenting documents, videos and audio to files to eDiscovery users as if the file was always sitting in its native format. Features such as searching, sorting, organizing, relationship analysis, graphing and producing files fit with end users needs.
Corporations worldwide can use Leonovus’ patented military-grade encryption methodology, in combination with their iCONECT-XERA document and video review platform. Leonovus uses FIPS 140-2 level encryption (Federal Information Processing Standard), regarded as the benchmark for US and CDN military information encryption logs and the secure data nugget meta-data is Blockchain hardened.
The resulting enterprise storage leads to improved governance, ROI, ultra-security and reduced errors.
The digital nuggets can also be distributed across multiple storage services or devices, leading to an opportunity for significant savings when redistributing to lower cost storage.
“When we first saw the Leonovus technology, we were blown away with the potential to create a paradigm shift in eDiscovery file storage and security,” said Ian Campbell, CEO, iCONECT.
“Although this extra layer of security comes at a cost, it’s additional insurance against unauthorized access and manipulation of data. ‘It’s not a question of IF we’ll get hacked, it’s simply a matter of when,’ added a senior product manager for a leading eDiscovery firm. The ability to create this level of security without disrupting our users’ workflow is key,” said Campbell.
The integration with Leonovus technology will be available in Q2 as an add-on-module for iCONECT-XERA systems, both of which can be deployed behind a firm’s own firewall or in a secure cloud.
“The integration with iCONECT is a very exciting step as it was named as one of the 50 Most Valuable Brands of the year 2017 by Silicon Review. Their deep product knowledge, and market penetration, regarding the protection and management of legal documents and their associated workflows gives Leonovus a unique market insight for our product development team. Moreover, the real goal is to expand the sales of both companies with an unparalleled blockchain hardened data security and compliance solution for iCONECT customers,” said Michael Gaffney, chairman and CEO.