Volume 21, Number 11
Triverium's Secure Send Establishes Trustworthy Digital Identity
Company Protects Businesses From Hacking, Data Compromise
Paul Vilevac is the founder and CEO of Triverium, makers of Secure Send.
By Nicole Zaro Stahl
Cyber security is a compelling concern for today’s businesses, especially those without the financial resources to implement in-depth protective measures.Hacienda newcomer Triverium Inc. is introducing a robust solution to the problem. After 18 months in development, the company’s first complete service offering, Secure Send, is ready to make its debut.
“Secure Send provides guaranteed-private, large-file transfer, communications, and messaging,” explains Triverium founder and CEO Paul Vilevac. Enumerating the sources of inspiration for the product, Vilevac notes, “The cyber security research we’ve done shows that common consumer-grade solutions have all been identified as the primary pathway by which an infection or a compromise was initiated.” He cites countless stories about infected PDFs posted to online file transfer sites or compromised spreadsheets sent through email. “It’s quite a significant list.”
The “final piece” that pushed Vilevac and his colleagues in this direction was a book by Peruvian economics professor Hernando de Soto Polar, who pointed out that the reason capitalism struggles in Central and South America is because there is no source of trustworthy identity or ownership. “Without that, it’s hard to capitalize on assets,” Vilevacnotes.“No one knows who owns what.”
The same issues apply in the digital landscape. “How do we move to the point of taking ownership in a truly digital world?” he asks rhetorically, answering, “We founded Triverium with a focus on socializing the concept of a trustworthy digital identity.”
While other providers have attempted to offer solutions to the problem, they have always been “a nightmare to implement, manage, and use, ”Vilevac maintains. In contrast, Triverium worked with “one of best and brightest UX [user experience] developers on the planet” to create an application that is intuitive and polished, and easy to install, adopt, and use. “All the friction that prevents people from adopting a truly secure technology is gone,” he says.
Secure Send’s primary foil against hacking and data compromise is based on its proprietary authentication technology, which defends its cryptographic keys by actively assessing specified risk metrics. The software compares every end point to recorded entries and historical trends, times, locations, and biometrics like keystroke dynamics when entering passwords. When behaviors fall out of those patterns, the system triggers reauthorization—say, via a text message or phone call—to “push the user back into the identification verification cycle.”
For example, a login from a new PC in China might set off multiple red flags—the device is not trusted or associated with the user account, the typing is not consistent, or the location or time of day are atypical. The system responds as soon as the irregularities drop below the security threshold.
“It is not very different from what credit card companies do when tracking a customer’s purchases,” Vilevic points out. “The technology makes it significantly more difficult for anyone to compromise an account and engage or high jack communication pathways.”
The company’s initial go-to-market strategy targets the B2B sector, especially small to medium-size businesses. Early clients include an inventive PR and marketing agency in the U.K., a boutique financial services clearing firm in San Francisco, and a high-end cyber consulting organization. Local businesses searching for a more secure and efficient means of transferring sensitive files are invited to inquire about a free trial.
The Triverium offices at 5990 Stoneridge Drive currently house a staff of six. Funding from a small seed round last year will be supplemented as the company works toward a Series A round in early 2014. For more information, visit www.getsecuresend.com.
Also in this issue...
- St. Anton Partners Breaks Ground on New Hacienda Apartment Project
- Triverium's Secure Send Establishes Trustworthy Digital Identity
- Business Bits
- Executive Profile: Axis Community Health CEO Sue Compton: Serving the Underserved
- Veeva Systems' IPO, New Data Product Reinforce Leadership in Life Sciences Cloud
- United Mutual Real Estate Serves Buyers, Sellers, Borrowers, and Investors
- City of Pleasanton Services at a Glance
- Pleasanton Hometown Holidays Celebration Kicks Off Festive Season December 7
- Pleasanton Tulancingo Sister City Association Focuses on Cultural Exchanges, Fiestas, and Good Works
- Shepherd's Gate Reaches Out to the Community
- 2013 Hacienda Holiday Food & Fund Drive
- Hacienda Index