WTW has this week launched a document protection platform designed to protect the sharing and storage of sensitive files.

Indigo Vault is a combination of cloud and local document management systems that is designed to offer protection against insider threats, AI system exposure and cyber theft, by ensuring documents and assets such as Word, Excel spreadsheets, PowerPoint presentations, PDFs and Outlook messages are protected and controlled.

The system allows assigned users to decide where and how documents are stored, who can access them and for what length of time on a specific device and how documents are used, to prevent them from being saved, seen or shared outside of specifically defined parameters.

As companies onboard AI systems, the risk of inadvertently exposing sensitive corporate data to unauthorised users increases. Indigo Vault provides comprehensive end-to-end protection, designed to deny the AI system access to restricted data through post quantum encryption.

Sean Plankey, global leader of cyber security software at WTW, said that while technological advancement is a positive for business, security needs to keep pace to protect intangible assets, whether confidential client information, financial trading formulas, business strategies or legal documents.

“Data losses are costly, not only in monetary value but in terms of trust, so where companies can eliminate an area of risk, it’s imperative that they do so," he explained. “As the value of our data grows, more companies are unfortunately victims of data breaches, where their own internal technology couldn’t compete with that of cyber hackers. And, with many companies adopting AI systems, they’re now at risk of inadvertent internal data leaks, as AI scans their system to learn their company data set and can inadvertently add confidential data to public documents.”

Indigo Vault encryption uses US National Institute for Standards and Technology certified algorithms.

---