Seclore Technology announces successful deployment of Seclore FileSecure IRM at HDFC Life
Mumbai, India – 17th October, 2013 – Seclore Technology, a leader in providing security, privacy and compliance solutions,announces the successful deployment of its flagship Information Rights Management (IRM) technology – Seclore FileSecure- for HDFC Life, one of India’s leading private life insurance companies.
HDFC Life was looking for an empowering and integration-friendly security solution to prevent unauthorised use of customer data. Security, privacy and compliance in the context of outsourcing cannot be managed by legal contracts alone; the responsibility lies with the enterprise who owns the customers’ data as well as its own intellectual property.
Seclore FileSecure protects an enterprise’s unstructured information, such as documents and email, by defining usage rights that persist irrespective of location or mode of transfer. These rights – which can be remote controlled –control whocan access information, for whatpurpose, when and from where. This makes Seclore FileSecure an end-to-end information security solution in compliance with regulatory frameworks such as ISO and mandates from IRDA on security and privacy.
For the Technology implementation and rollout, Seclore has partnered with Tata Consultancy Services – the chosen service provider for a large technology-led business transformation that is currently being undertaken at HDFC Life. Seclore FileSecure IRM will now become one of the critical components of the Information Security infrastructure that is being put in place. Seclore’s IRM expertise coupled with TCS’s security consulting and services excellence is expected to help HDFC Life ensure that its information always stays safe even at vendor locations, and not just within the organization. The combined efforts of Seclore and TCS has helped to significantly ease the adoption of FileSecure across the organization.
Mr Thomson Thomas, Senior Vice President – IT (Head Business Systems and Technology), HDFCLife, said, “Like every other insurance company in India, our organization is also challenged with an ever changing and dynamic business environment, which is coupled with an evolving regulatory framework. Business operations need to be highly agile and driven by responsive decision making, which leads to an overwhelming amount of ‘unstructured’ information that is created, distributed and consumed on a daily basis. At all operational levels, a lot of sensitive and critical information is generated in formats such as standard MS Office, PDF, etc., that need to be controlled by a security and compliance framework. Seclore FileSecure was found to be a very powerful and effective tool to control these risks and ensure that enterprise data always remains within the control of the stakeholders.”
Commenting on the deployment of the technology, Mr Sharad Sadadekar, CISO, HDFC Life, said, “In the world of blurring organizational boundaries and dependence on business providers to process business information, it is imperative for an organisation to ensure that their customer data is safe. Addressing this issue, Seclore FileSecure provided a comprehensive solution to all the information security needs. The software is engineered in a way that it focuses on the ’solution’ to deliver business value and not only the “technology”.
“It is a matter of pride for us to partner with HDFC Life in their information rights management initiative. HDFC Life chose Seclore FileSecure as the one of the most prominent technologies that can safeguard the customer information. By providing information-centric security, Seclore FileSecure enables enterprises to operate in the emerging world of BYOD and Cloud”, said Vishal Gupta, CEO, Seclore Technology.HDFC Life thoroughly evaluated many technologies as well as technology combinations before choosing Seclore FileSecure.
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 290,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.
About HDFC Life
HDFC Life, one of India’s leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India’s leading housing finance institution and Standard Life plc.,the leading provider of financial services in the United Kingdom. HDFC Life continues to have one of the widest reaches among new insurance companies with about 500 branches in India touching customers in over 900 cities and towns.
Seclore (boldfocusi37.sg-host.com) is a leader in providing security, privacy and compliance solutions in the “new new” world of Bring Your Own Device (BYOD), Cloud and external collaboration. Seclore’s technology helps enterprises in the areas of Information Rights Management (IRM) and secure outsourcing. Seclore has been continuously recognized as a leader in its segment, for example by Gartner as a “Cool Vendor” and Deloitte as a Technology Fast 50 company. The largest financial services, engineering services and manufacturing companies across the globe rely on Seclore’s technology to make sure information stays in the right hands and cannot be copied, replicated and shared without permission.