The interviewdepicts whether small to medium enterprises (SMEs), especially, will have to look at deploying compliance programs, which could help a company of this size avoid major crises, or whether to head towards a path of negligence and risk millions in fines that can cripple a company.
Charles Foley, CEO of Watchful Softwaresays, "If a small company with 100 employees and a £50m annual turnover were to lose confidential and valuable information, that can be a death blow to the company."
"It is a race as to whoever can get the most out of their big data the farthest, the fastest and so that is why this whole topic of protecting the information... is taking centre stage right now."
Prior to Watchful Software, Mr. Foley was the Chairman and CEO of TimeSight Systems, Inc., a developer of leading-edge storage and video solutions for the physical security market. He also served as President of Tacit Networks, a leader in Wide Area Network acceleration systems, leading to their profitable acquisition by Packeteer. As CEO of InfiniCon Systems, he built the company to a leadership position in high performance computing; the company was later acquired by QLogic. While at EVP & CTO, INRANGE Technologies, Mr. Foley managed their extremely successful IPO which reached a $5.5bn market cap.
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About Watchful Software
Watchful Software is focused on providing data-centric information protection that works. With the massive amounts that have been invested in securing the network perimeter, one thing has become painfully clear: today's enterprises must secure the information itself. Watchful Software is a member of the renowned Critical Group of companies, which is anchored by Critical Software (http://www.criticalsoftware.com/
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