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Goldilock Announces New #RaaS Client Win – Innovative Fintech Technology Provider Moneyzoom

Hot on the heels of their Series A financing round (5 mil. USD) announcement, Goldilock announced today the win of Moneyzoom, a new client in the Fintech space for their innovative #RAAS – Remote Automated Airgap Security solution.

MONEYZOOM

Cybersecurity Ventures predicts global cybercrime costs will grow by 15% percent per year over the next five years, reaching $10.5 trillion USD annually by 2025. This is leading more and more companies in all segments, not only crypto, to take a long, hard look at the quality of their cybersecurity solutions” stated Tony Hasek, Goldilock founder, adding: “Moneyzoom is an excellent example of the realization that a smart data security solution like #RAAS can be leveraged as a client benefit.”

Moneyzoom is an innovative provider of technologies for Fintech with an emphasis on accessibility and security. David Tacl, CEO and co-founder of Moneyzoom explains the choice:

“Goldilock is one of a number of cutting edge cybersecurity services that we are partnering with to help our client’s Fintech businesses deliver a safer and easier user experience. For our clients and Moneyzoom it is of paramount importance that client data and, for example trader transactional keys, can be secured offline via Airgap.”

Moneyzoom provides scalable card payment processing to Fintech companies, including, but not limited to: Physical Payment Cards, Card Program Management Platforms, Full Client service support for card programs, Acquiring Solutions etc.

SIMPLICITY

Delving into the revolutionary technology behind Goldilock’s simple yet powerful airgap solution, Tony points out that: “Our RAAS allows IT infrastructure and digital assets to be active and immediately available online via an “out-of-band” trigger mechanism, while being physically disconnected and invisible from the Internet or network when not in use by an authorized user.”

When asked about initial client feedback, Tony recalls one memorable statement that summarizes how the simplicity of his idea translates to the simplicity of its installation and usage: “Thank you for this, Goldilock Team. It is quite easy to use.”

#RAAS – REMOTE AUTOMATED AIRGAP SECURITY

  • Goldilock redefines and revolutionizes how sensitive digital data is handled by individuals and institutions. Key benefits include:
  • Solves the failings of both hot and cold storage while keeping all the advantages
  • Data is stored securely offline – invisible, segregated, and physically disconnected
  • Data and devices can be brought on or offline, in seconds, from anywhere on earth, without dangerous human intervention and most importantly, without using internet.
  • Entails unique out-of-band methods of authentication which cannot be triggered by devices located on the same network that Goldilock is protecting.

THE THREE GOLDILOCK PREMISES

“Users need access to their sensitive data quickly, but often only occasionally and for short periods of time. Otherwise, online data is more useful to hackers than the rightful owners. Goldilock technology is thus built on three core premises” explains Hasek the thinking behind their 3 premises:

  1. Sensitive data must be isolated, secured from physical contact and related human error, and fully backed-up.
  2. Sensitive data must be quickly accessible when needed.
  3. Our patent-pending technology treats these premises as requirements to make sensitive data and IT infrastructure more secure without sacrificing accessibility.

Safe access is also integral to the actual process of connecting to one’s data and is what sets the Goldilock solution apart: “We provide an isolation layer to segregate and secure digital assets for institutions” summarizes Hasek, adding that whilst the Airgap connection process is taking place, a complex set of 17 security steps is taking place in the background. “Our technology provides a remote physical disconnection of data from the internet, with the system leveraging biometrics, multi-factor authentication, regressive out-of-band technology triggers, and cryptography to keep your sensitive digital assets physically segregated from network access, while still having them accessible at a moment’s notice.”

ABOUT GOLDILOCK

Goldilock is a simple yet revolutionary next generation patented technology that secures data and infrastructure on the internet and internal networks by utilising an Airgap, which can be controlled without using the internet via out-of-band trigger mechanisms. Founded in 2017, Goldilock recently successfully exited the Mubadala x Gothams x Hub71 accelerator in Abu Dhabi. In December 2020 Goldilock was voted a top 3 Central and Eastern European Scaleup in the VestBee CEE Scaleup Challenge after announcing the opening of a Series A financing round valued at 5 million USD.

See Goldilock CEO and Founder Tony Hasek present Goldilock on…

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