2015 is going in the record books, no doubt about it: The Apple Watch arrived to much fanfare, but ultimately hasn’t made the impact that we all expected it to have on the wearables market. Donald Trump is running for President and hosting SNL. Anthem, the Office of Personnel Management, Ashley Madison and many others experienced data breaches of some form or another.
In fact, more than 650 data breaches have occurred so far this year and at least 200 million records have been exposed as a result. Studies have shown that the cost of these breaches is increasing, now to an average of $3.8 million per breach, up from $3.5 million last year.
As security protocols and processes get more complex, the hackers get just as, if not more sophisticated. While this is all pretty scary, many times it’s completely preventable. We must continue educating companies, along with their employees, partners and customers, and provide the tools necessary to stay in front of these issues. And just because the protocols and back-end technology is getting ridiculously complicated and mature, doesn’t mean that everyone that uses it has to hold a technical degree. In fact, our mission is to change how people and companies work by fundamentally changing the way they interact with software.
In short, we want to make it easy for employees to securely access and share their cloud apps to be more productive, and flexible for IT managers to have visibility into cloud app usage and provisioning for employees.
In order to move toward achieving this mission we have made some impressive strides on the product front this year. We’ve added 2000+ apps to our Bitium App Catalog, which now totals more than 6,000 cloud-based applications! Everything from a unique Slack integration to custom and private applications.
And no matter how big the catalog gets, there will always be types of information that can’t be stored as an app’s username and password. Whether it’s office codes, WiFi password, credit cards, or API tokens, we wanted to enable teams to save and share this information as securely and easily as they share app credentials today, so we created KeyVault.
KeyVault is a new tool designed to securely store and share credentials that aren’t associated with a specific application. While Bitium helps you store usernames and passwords, you can use KeyVault to save everything else, what we call “Vault items.” KeyVault allows Bitium to be the home not only for application credentials, but for any kind of information that needs to be shared securely with co-workers and accessed regularly.
After receiving feedback from our customers, we created a personal version of our product for employees called Personal Dashboard. The Personal Dashboard enables employees to use a non-work email to sign into all their personal accounts - providing the security and convenience of a single sign-on solution while maintaining individual privacy on those accounts. Better still, if they leave the firm they can take their Personal Dashboard with them, a feature you will only find at Bitium.
And in order to drive even more people to the Cloud Forward way of life, we have made Bitium free to new customers who are switching from Microsoft or IBM to Google for Work.
We have had many great moments here at Bitium in 2015 including being named a Gartner Cool Vendor, joining the Google Apps Marketplace and being selected as one of CIOReview’s 50 most promising Google technology providers. But we have much more to accomplish.
We encourage feedback and take it seriously. Like with Personal Dashboards, most of our new cloud integrations wouldn’t have happened without the requests and suggestions from our more than 250 customers. Keep it coming.
Looking forward to an even more productive -- and secure -- 2016.