Budapest/ Zurich, April 19, 2021 - A recent study of IT security executives conducted by Tresorit, the leading provider of end-to-end encrypted productivity solutions, shows companies are still unaware of the risks associated with sharing their sensitive data. In fact, a vast majority of companies do not use an end-to-end encrypted solution when sharing files with third parties. This poses a clear risk to the safeguarding of confidential information, as this is the only way to guarantee protection. The concerns about the loss of control over their data when sharing files (47% of respondents) are therefore entirely justified. Survey respondents admit their companies currently predominantly use email attachments, FTP servers or instant messaging to share information outside their organizations. What’s more, almost all companies use at least three different channels to share information with external partners. Ultimately, these solutions fail to give companies the control they need over their data when it comes to sharing data with external parties.

• For 47% of IT executives recently surveyed by Tresorit the loss of control over their data is a top concern when sharing files
• Also, 72% of IT leaders say secure solutions to share files with external parties have become more important to them since the start of the pandemic
• Yet, a vast majority of companies do not use end-to-end encryption for external file sharing
• Furthermore, 62% do not have comprehensive company policies on how to share sensitive data outside their organization
• Tresorit launches new Tresorit Content Shield – an additional, comprehensive suite of security features designed specifically to meet the needs of enterprises.
• Tresorit Content Shield brings together Tresorit’s existing end-to-end encryption technology with advanced data control capabilities. This includes integration with common email clients, single sign-on, dynamic watermarking, extensive link tracking capabilities and data residency options

Overall, Tresorit’s research reveals the importance of IT security has increased significantly (72% of respondents) since the beginning of the coronavirus pandemic – especially in the context of secure file sharing with external parties. The survey highlights a discrepancy between the security measures currently implemented, most of which need improvement, and a false sense of security among executives in European companies. To address this gap, Tresorit just launched the Tresorit Content Shield. The new set of security features is tailor-made for large companies looking to guarantee the security of their data when collaborating, both internally and externally.

Tresorit Content Shield to enable end-to-end encrypted external collaboration to enterprises

Tresorit Content Shield as unique feature set is bringing together external content protection capabilities to meet security and compliance needs. It gives IT admins in enterprises full control of their confidential data, and allows for easy and seamless integration into existing IT workflows and ecosystems. Tresorit Content Shield also boasts integrations with common email clients, such as Microsoft Office 365 and Gmail, single sign-on (SSO), granular permission for download and print, and a dynamic watermark. In addition, Tresorit Content Shield offers extensive link tracking capabilities for sent files, advanced link activity reports, whitelisting options for safe email addresses and domains, as well as data residency options. Most importantly, Tresorit’s end-to-end encryption ensures that control over encryption keys and the data always remains in the hands of the owner, making it impossible for any unauthorized party to access the files.

More security for enterprises: Tresorit’s new strategy

The launch of Tresorit Content Shield is accompanied by a strategic repositioning of the company. As well as catering for a growing number of individual users and SMB customers, Tresorit has set in motion a focus on addressing the specific security challenges of large companies, spanning industries such as Finance, HR, Automotive, and Healthcare.

István Lám, CEO and Founder of Tresorit explains: "We have learned that 90% of our enterprise clients rely on Tresorit to share data with clients, partners and auditors outside their organization. In the last year, we saw a sharp increase in the demand for secure and efficient ways for large businesses to exchange data externally. To help enterprises tackle this challenge independently of location and system, we are strengthening our product offering with the introduction of Tresorit Content Shield. Our goal is to increase our footprint in the enterprise segment, in the European market in particular."

IT and Sales expert Arno van Züren drives focus on large enterprises

To drive Tresorit's strategic realignment, industry veteran Arno van Züren joins the company as its new Chief Sales Officer. Van Züren brings with him 30 years of experience in Sales of software solutions, including as Sales Director DACH at T.A.I Software Solutions, as Chief Sales Officer at Blue Consult GmbH or as Director Business Development Management at Trend Micro.

The citied study by Tresorit was conducted by the market research institute Opinion Matters. A total of 750 IT security/IT systems executives were surveyed in Germany, the UK and France (250 per country), from companies with more than 500 employees across several industries. The data collection took place between April 1 and April 12, 2021.

Further study results will be published shortly.

About Tresorit

Tresorit provides an end-to-end encrypted productivity solution for ultra-secure collaboration including managing, storing, syncing and transferring files. More than 10,000 businesses around the world use Tresorit to protect their confidential data and securely share information internally within their teams and with external clients and partners coming from highly regulated sectors like finance, legal and consulting (Deloitte, Erste Bank), healthcare and research (German Red Cross), IT (Deutsche Telekom IT Solutions), as well as manufacturing industries.

Viessmann, a world leading manufacturer of heating, industrial, and refrigeration systems is benefiting from Tresorit Content Shield when sharing research data. “As our R&D and Procurement departments wanted to play it safe when it comes to collaborating with external partners, suppliers and internal colleagues the exchange of confidential documents has taken solely place via Tresorit – in a secure, controlled, and comfortable manner,” Felix Nolte, Solution Manager Workspace at Viessmann IT Service GmbH explains.

Tresorit’s technology combines industry-leading end-to-end encryption, granular data control features and seamless integration into workflows. Tresorit is featured on FT1000 by Financial Times as the fifth fastest growing cybersecurity company in Europe and has offices in Budapest/Hungary, Munich/Germany and Zurich/Switzerland.