Digital age once again finds a way to bust myths.
 

Digital age once again finds a way to bust myths.

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According to an ancient proverb, a word once uttered, is like an arrow fired from a bow. It cannot be taken back. But the digital age once again finds a way to bust this myth. Just for a minute, ...

According to an ancient proverb, a word once uttered, is like an arrow fired from a bow. It cannot be taken back. But the digital age once again finds a way to bust this myth. Just for a minute, imagine a world where communication is fully under your control, where you can prevent vital documents from being manipulated and delete correspondence even after it leaves your organisation. It is possible, as an IIT-Bombay incubated startup has proved.

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Digital age once again finds a way to bust myths. Digital age once again finds a way to bust myths. Document Transcript

  • Follow2.5mLikeLike| Log In | Join |Indiatimes | The Times of India | The Economic Times | More Poke Me Comments & Analysis Spiritual Atheist ET Debate Editorial Opinion Poll Guest Writer Interviews QnA Tech Sector Infosys steps up overseas hiring Infosys is implementing a plan to improve sales, said senior executives of Infy, predicting that benefits of these measures could show up before Dec 2014. Govt stipulation on data centres not bad: Lloyd Carney IBM unveils new server model to tackle big data Most Read Most Shared Most Commented SPOTLIGHT Narendra Modi interview: Ready to work with Congress; on FDI, policy continuity top priority Narendra Modi's welcome statesmanship Narendra Modi interview: 3 critical takeaways about his likely government Andhra Pradesh, the state where money talks in politics India has administered the wrong medicine to cure its CAD problem More » You are here: ET Home › Opinion › Starting Up ELECTION 2014 Brought to you by Search for News, Stock Quotes & NAV's Siddarth Chandirmani, Dipti Modi and 2,535,262 others like this. LikeLike ShareShare 19 Sep, 2008, 12.00AM IST 0 comments | Post a Comment Ads by Google Free Forrester BI Report looker.com/Download-Free-Report - Learn 6 Best Practices to Maximize Business Intelligence Success. ET SPECIAL: Save precious time tracking your investments Digital age once again finds a way to bust myths According to an ancient proverb, a word once uttered, is like an arrow fired from a bow. It cannot be taken back. But the digital age once again finds a way to bust this myth. Just for a minute, imagine a world where communication is fully under your control, where you can prevent vital documents from being manipulated and delete correspondence even after it leaves your organisation. It is possible, as an IIT-Bombay incubated startup has proved. In 2004, Vishal Gupta, a IIT-Bombay graduate and Manav Khanna, a techie who went to school with Gupta, founded Seclore in the lush green grounds of the IIT campus in Powai. The company was supported by SINE (Society for Innovation and Entrepreneurship), which aids promising companies that emerge from within the IIT ecosystem. Vishal already had entrepreneurial experience, having founded an incentive management company, Herald Logic, with fellow IITian Abhijit Tannu (who later joined Seclore as Chief Technology Officer) in 2000. "Seclore was not a solution seeking a problem. The problem was already there when we started," Gupta says. The problem was a common one- information security. "Information and its control travel together," Gupta explains, "A lot of institutions, especially financial services companies, carefully guard data while it is on their premises or networks. But the moment it is despatched outside as an email or CD, you cannot control how it is handled." The first solution Seclore developed was a nifty programme called FileSecure. The programme allows the sender to exercise control over a document - in PDF, Word, Excel and other common formats - even after it has been digitally transmitted to the recipient. For example, a file sent from A to B can be manipulated by A so that B can only read it and that too only for an hour, after which it will become unreadable. Alternately, the file can be read as well as printed, but not forwarded to another computer. The options are endless...and A can keep manipulating the document as and when necessary. In other words, A has complete control over the data. Created with basic C, C++ infrastructure used by programmers, the founders say that there is no override to this software. "The only two ways in which unauthorised replication of the file is possible is by photographing the screen or, in even more basic fashion, taking down the information Home News Markets Industry IPO Wealth MF Tech Jobs Features Blogs Slideshows ET NOW ET SpeedPanache New Opinion BACK TO TOP Digital age once again finds a way to bust myths - The Economic Times http://economictimes.indiatimes.com/opinion/starting-up/digital-age-on... 1 of 4 24-04-2014 12:49
  • by hand," Tannu says. News in Pics 19/20 Easter marked around the Globe Most Watched Videos » MORE FROM VIDEOS Slide Shows Upcoming Cars of 2014 between Rs 5-8 lakh With more and more people being able to afford an automobile every year, this is one of the mo... The World's Best Airports 2014 The World Airport Awards are based on 12.85 million customer nominations across 110 nationalit... Modi inaugurates 'airport-like' bus terminal in Vadodara Touted to be country's first international standard bus terminal - the central bus depot of Va... More Slideshows » Top Speed: Porsche Macan – Review Top Speed: Porsche Macan – Review Watch: Spectacular Tejas landing Watch: Tejas take-off More from the web What’s the biggest threat to the steel sector? ey.com Laptop or Tablet? Intel Bajaj Finserv move into the Cloud ZDNet 5 ways to always keep connected with your office Intel India HR and talent directors give SaaS a positive appraisal ZDNet How to Book 5-Star Hotels on a Budget This Way To Paradise More from The Economic Times Dilip Shanghvi, Sun Pharma promoter, a pharma maven with midas touch 07 Apr 2014 AirAsia starts hiring for guest, security services from today 18 Apr 2014 Sebi starts investigation into Axis Bank share sale, L&T Finance offer for… 08 Apr 2014 Strong desire for change may improve Narendra Modi’s chances in TN’s… 18 Apr 2014 Top industrialists make a bid for Homi Bhabha's house 'Meherangir' 17 Apr 2014 Voting out Vajpayee was a historic blunder: Harsh Vardhan 07 Apr 2014 Buy 2 BHK Flats in Dadar. Luxury Flats For Sale in Dadar East "Premium Amenities" @ Hindu Colony! : kesargroup- dadar.in/Buy2-BHK-Flat Ads by Google PREVIOUS STORY The new breed of Indian startups NEXT STORY Entrepreneurial journey through experiences The second Seclore offering, InfoSource, helps companies share data with outsourcing providers without worrying about information leakage. "The two products help users remote-control documents to expand or restrict their usage," Gupta explains. Seclore, which works mainly for financial services and engineering companies, owes much of its success to the IIT alumni network associated with SINE. "Our first client, L&T, came to us through this network in 2006," Gupta recalls "Even today, IIT alumni from across the globe mentor and help us at every step." The total investment into Seclore through angel funds and the founders' own money is about one crore rupees so far. "The costs weren't too high, since SINE provided the entire infrastructure and took care of electricity bills. We only recently shifted out, as the company has been growing bigger in recent times," Tannu says. After Khanna exited the company in October 2007, Gupta took over as CEO. As it grows, Seclore is planning to raise funds for expansion in the next 6-9 months. If there is one challenge the company faces, it is the lack of disclosure norms in the country. "For example, a bank doesn't have to alert a customer if it loses confidential data belonging to him," Tannu says. This naturally translates into blatant disregard for data protection and consequently, lower corporate data security spends. "Data is money and this reality is gradually being understood by companies, especially those in the financial services space," Gupta says. As far as the fledgling firm is concerned, the market is just starting to open up and when it does, Seclore is hoping for its fair share of the spoils. Recommended by Follow this section for latest news on Starting Up 6 people recommend this. Be the first of your friends. RecommendRecommend DON'T MISS any stories, follow ET Opinion on Twitter Follow @ETOpinion 5,323 followers Home News Markets Industry IPO Wealth MF Tech Jobs Features Blogs Slideshows ET NOW ET SpeedPanache New Opinion BACK TO TOP Digital age once again finds a way to bust myths - The Economic Times http://economictimes.indiatimes.com/opinion/starting-up/digital-age-on... 2 of 4 24-04-2014 12:49