Lockbox Wins 2012 iAward for Security

Lockbox, a global leader in cloud privacy, has won the prestigious national Australian 2012 iAward for security innovation.

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Lockbox

Melbourne, Australia (PRWEB) August 22, 2012

Lockbox, a global leader in cloud privacy, has won the prestigious national 2012 iAward for security innovation.

Lockbox’s win validates its innovative approach to a significant and growing market problem within IT industry – using the cloud while ensuring secure and totally private sharing of documents. This is problem is especially acute if those documents are sensitive or confidential.

The lack of cloud privacy is an increasing issue. Though cloud storage has grown significantly in the consumer space, much of the corporate sector has hesitated because of security and privacy concerns. By putting privacy first, Lockbox is allowing both individuals and companies to safely make use of "cloud" based services.

The Lockbox privacy platform is unique in the way it makes use of client-side encryption and key management to ensure security and privacy. Security is ensured because the data is protected by encryption; where-ever it resides in the cloud. Privacy is ensured because only those end users with keys can access the data, making it inaccessible to everyone else including the cloud storage provider and even Lockbox.

CEO Peter Long said, “Lockbox is pioneering a new set of privacy enabled applications that enable people to safely share confidential or sensitive information using the cloud. Though our technology makes use of advanced encryption and cryptography, we’ve designed our products in a way that makes them cost effective and easy to use by just about anyone. We are thrilled to receive such recognition with this award.”

Combining ease-of-use with leading security and privacy is core to the delivery of Lockbox products. Lockbox’s lead product, Client Portal, allows businesses to use their own website to share documents with their clients in a secure, simple and cost effective way.

“Our clients are often driven by a regulatory need to maintain the privacy and security of confidential client information. Whether they are lawyers, accountants, financial advisors here in Australia or the in US, our objective is to meet their security and privacy needs in an easy and affordable way so that they can safely use the cloud.”

This award closely follows another given to Lockbox in May, at ‘The Security Summit – West’ in San Diego, where Lockbox was runner-up in the Most Innovative Software Products and Services’ category.

About iAwards

Now in its 18th year, the iAwards is Australia's leading technology awards program recognising the most innovative companies and leading individuals across 25 categories.

AIIA CEO, Suzanne Campbell, said the record number of nominations across all categories of the iAwards this year confirmed it as the pre-eminent event in Australia’s ICT industry. "The range of innovations and demonstration of innovative thinking shows just how strong the ICT industry is in Australia and how we can compete on the world stage,” Ms Campbell said.

About Lockbox
Lockbox is a global leader in cloud privacy, delivering secure and private file sharing and collaboration services. The company was founded in Melbourne, Australia and also has offices in the U.S and the U.K.

Lockbox products and services are being used by a wide range of customers globally in the legal, financial, healthcare, government, and professional services industries. In particular, The Lockbox Client Portal allows businesses to provide personal and private information exchange services on their own website to their clients.

The unique Lockbox privacy platform is highly innovative with many patents filed. The Lockbox development team includes world renowned cryptographic experts who are also behind for the Bouncy Castle open source cryptographic project. Bouncy Castle is utilised by over 10,000 companies including Google (Android), NASA and many Fortune 500 companies.


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