SOURCE: HDD

September 18, 2007 08:30 ET

High Density Devices Establishes U.S. Headquarters in Charlotte and Offers SecureD Line of Hardware-Based Hard Drive Encryption

SecureD Technology Ensures Lost or Stolen Computer Hard Drives Cannot Be Accessed, Helping Save Millions of Dollars in Regulatory Fines and Forensic Processes

CHARLOTTE, NC--(Marketwire - September 18, 2007) - High Density Devices, AS, the Norwegian company that pioneered hardware-based hard drive encryption technology in the European marketplace, has set up its U.S. office in Charlotte, N.C. to begin selling into the U.S. market.

In a sense, this is a homecoming for HDD. Though the company was founded in Norway, much of its product development was funded by the U.S. Department of Defense (DoD) through an $8 million grant from the Common Information Centric Security Project (CICS). To date, the DoD remains HDD's largest customer.

The U.S. market represents a logical push for HDD. New and emerging U.S. government regulations outline how companies must protect their data, how the protection must be documented, and the penalties for failing to defend data from unauthorized access. HDD's SecureD product line provides unprecedented protection of data at rest and is targeted to government and commercial organizations with sensitive data and mobile workforces -- precisely the organizations facing regulation.

Software-based hard drive encryption can help protect organizations from data breaches, but only the SecureD hardware solution can offer unequivocal proof that lost data cannot be compromised. SecureD makes information stored on hard drives inaccessible to anyone without the proper key to access it. The encryption technology stands as a guard between the computer user and the hard drive. The data stored on a SecureD protected disk drive can only be accessed with a smart card that verifies the user's authority to access the hard drive.

"Any organization dealing with sensitive information faces strict regulations about protecting data -- Gramm-Leach Bliley in financial services, HIPAA in healthcare, PCI DSS in the credit card industry, and even states such as California have very severe penalties for organizations that fail to protect data," said Stein Aamot, CEO for High Density Devices. "In addition to the obvious problem caused when there's a data breach -- personal information is at stake, business secrets are exposed -- there's also a very real cost to business imposed through regulations. Industry studies have shown that the loss of one laptop containing sensitive consumer data, on average, costs the company $4.2 million in reporting and reparation."

Organizations should be highly concerned about unauthorized access to sensitive data. IDC reports that as much 60% of important corporate data resides on desktop and laptop computers that are not properly protected. When combined with the fact that laptop theft was the second most prevalent form of computer attack, following only computer viruses, according to an FBI study, organizations face a very real challenge. In fact, a 2006 study conducted by the Ponemon Institute found that there was an 81% year-over-year increase in the number of companies reporting stolen laptops containing sensitive information.

"If a computer equipped with SecureD's hard drive encryption is lost or stolen, the organization only needs to show the access key to prove that the hard drive data is inaccessible. A hard drive encrypted with SecureD is worthless to anyone without the key," continued Aamot. "With software, it's very difficult to prove the hard drive was encrypted. Even if you can demonstrate the software was installed, it's difficult to provide evidence it wasn't disabled or circumvented by the user prior to the loss or theft or that the password wasn't compromised."

Though there are many software-based offerings already on the market that encrypt hard drives, High Density Devices' unique hardware-based approach to encryption has been certified according to the National Institute of Standards and Technology's Federal Information Processing Standard (FIPS) 140-2 Level 3. Software encryption can only reach Level 2 status because they cannot meet the Level 3 equirement for a physical or logical separation between the interfaces by which critical security parameters enter and leave the hard drive.

SecureD's 256 bit Advanced Encryption Standard (AES) encryption is available in several forms for easy deployment:

--  SecureD Desktop: PCI card works with organization's existing SATA hard
    drives
    
--  SecureD Laptop: completely integrated into a 2.5-inch laptop hard
    drive
    
--  SecureD USB: external 120GB drives provide secure, portable data
    storage and backup
    

SecureD solutions include numerous features and benefits, including:

--  Stronger security than software: no encryption keys are stored on the
    hard drive
    
--  Fast performance: full disk encryption/decryption with no software to
    slow computer performance
    
--  Independent from operating systems: invisible to all operating and
    file systems
    
--  Safer and less expensive to repair or recycle old systems: zero end-of-
    life disposal costs
    
--  Easy to audit and to prove compliance: without the physical key token,
    the drive is useless
    

With SecureD there is no need for user intervention, no software to learn, no user training, no technical support costs and no additional IT infrastructure required. This results in a low total cost of ownership.

SecureD delivers stronger security and better performance than any other encryption solution available today.

About High Density Devices

High Density Devices is a nine-year old company headquartered in Norway. The company's SecureD brand of encryption hardware protects data at rest and is used by government and commercial organizations throughout the world. More information is available at www.securedhdd.com.

Contact Information

  • Contact:
    Ivy Eckerman
    Spire Communications for High Density Devices
    (540) 373-2963
    Email Contact