Monday 29 June 2015

Duo aims to protect personal data from hackers

The founders of Triage Security are working to develop cybersecurity software that will help businesses and large organizations protect personal data from both outside hackers as well as attacks from within.

They are one of nine teams developing a concept at The Iron Yard’s third digital health accelerator in downtown Spartanburg. Triage Security CEO Rick Lawson and Chief Financial Officer Todd Betlem, both of Boiling Springs, said the accelerator has provided them with an incredible network of businesses and partners to support their work.

“Both Rick and I left our full-time jobs to pursue The Iron Yard program and are blessed to have very supportive wives and previous employers,” Betlem said.

Personal data protected by the company’s software will include customers’ names, addresses, Social Security and credit card numbers. The software will install without modifications to an underlying application, Betlem said.

Stolen health records usually sell for more than stolen credit card records and can provide hackers with more information that can be used for identity theft, Lawson said.

The software being developed by Triage Security will include algorithms to stop data leaks by using applications that monitor and protect themselves. Software packages will be customized and have the ability to stop cyberattacks as they happen and alert the effected organizations in real-time, Betlem said. In most cases, organizations that experience a cyberattack aren’t alerted about them until after they occur.

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