Protect intellectual property with a FoIP solution

Companies looking for a better way to share and store sensitive intellectual property should consider implementing a fax-over-IP solution.

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As companies amass ever-greater amounts of information, competition among businesses to gain what others have is becoming increasingly fierce. With the advent of cybercrime and malicious software, the use of malware to steal sensitive documents is a growing threat.

According to a Kaspersky Labs survey of more than 4,000 IT managers from businesses around the world, 21 percent of manufacturers have lost intellectual property as a result of a data breach within the last year. Malware was the most commonly cited reason for the loss, with 23 percent of respondents reporting it was the cause of their most serious data breach. Other mentioned causes for intellectual property loss during a data breach were software vulnerabilities, network intrusion and the theft of mobile devices.

The report noted that manufacturers aren't the only ones losing data as a result of cybercrime. Almost half of e-commerce businesses reported loss after a data breach, and 41 percent of financial organizations responded that they had intellectual property stolen.

Companies looking for a better way to share and store sensitive intellectual property should consider using an IP fax machine or implementing fax-over-IP solutions. FoIP utilizes the Internet to send messages, greatly improving the security and privacy of business communication and document storage.

Data recovery and archiving is made much simpler with fax-over-IP. When faxes are sent with a FoIP service provider like FaxCore, the information within is stored on an organization's dedicated server and then encrypted. This creates a searchable, archived database of all transmitted documents that can be accessed from anywhere with an Internet connection. Because malware doesn’t infect IP fax machines, companies don’t have to worry about infections coming in through that source, and information is stored in the cloud, eliminating the chance hard drives crashing or USBs being lost.

Enhance enterprise communication, collaboration and compliance efforts with a proven FoIP solution from FaxCore. Contact FaxCore today to learn more about their 'Partly-Cloudy' fax solutions.

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