MINNEAPOLIS, MINNESOTA - 05/29/2018 (PRESS RELEASE JET)
Secured2 Corporation announced today that Tradition Capital Bank, headquartered in Edina, Minnesota, is implementing Secured2’s beyond encryption and quantum resilient data security for all corporate email. Additionally, Tradition Capital Bank and Secured2 are developing a business automation solution that streamlines internal document workflows, while keeping all bank and customer data safe from being breached or stolen.
Secured2, is the first solution in the cybersecurity market to address current and emerging data security threats with its patented beyond encryption and quantum resilient security software. Tradition will be the first implementation of the software for the banking industry and will work to help Secured2 introduce this solution into the broader banking marketplace.
“The banking industry is critical to our country and way of life. Protecting our banks is paramount and as it stands today banks are more vulnerable to attack than ever before. Not to mention the banking industry has had to absorb the rising costs of security and fraud caused by these breaches.” said Daren Klum, CEO of Secured2 Corporation. “In working directly with Tradition Capital Bank, we have been able to learn how they use data, the systems they use and most importantly understand the work-flows internally. Having this level of collaboration ensures that our security solution can integrate seamlessly into existing systems but also give Tradition customers a level of security they cannot find anywhere else.”
Scott Walker, Chief Information Officer of Tradition Capital Bank, said, “we were very lucky to find the unique security solution of Secured2. I have seen a lot of security technologies over the years but there was something special about Secured2. It was easy to use, easy to understand and easy to implement. Secured2 has taken something very complex and made it easy. It’s the simplicity and the security that really sets it apart from anything else in the market.”
“As we looked at many solutions in the market we felt the security, the ability to customize the solution to fit our needs and the integrations with cloud providers like Microsoft made working with Secured a no brainer. Then throw in the unique ability they have to indemnify us against a data breach through their cyber warranty program backed by Lloyds of London and it’s very easy to make the decision to move forward.” Said Jessica Porter, Director of Operations of Tradition.
About Tradition Capital Bank
Just like Tradition sees their clients as so much more than a number, Tradition Capital Bank is seen as so much more than a bank. They are partners in business and in life; building dreams and futures on one simple idea: strong one-on-one relationships with clients. The name “Tradition Capital Bank” originates from their key strategic partner, Tradition Companies, and together, they bring a full offering of services to you, your life, and your business. Tradition Capital Bank’s vision is to enrich the lives of the people they serve by providing a deeper level of understanding in banking, business and beyond. Member FDIC.
Secured2 Corporation (www.secured2.com), a Microsoft Partner, is a data security technology pioneer. Beyond Encryption™, the company’s patented security introduces a shrink-shred-secure-restore methodology, combined with new compression technology that reduces the size of data up to 80 percent. Secured2, also offers a data security and document management platform that gives customers unrivaled security, collaboration and cloud storage on any cloud they choose like AWS, Microsoft Azure and Oracle Cloud.
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