CertainSafe, a secure file sharing platform, announced expansion into the title insurance industry through the signing of Clear To Close Services, a Virginia-based title and settlement sourcing provider.
This unique partnership will take security to the next level for an industry that has placed great focus on compliance and privacy within the last 3 years. CertainSafe’s proprietary MicroTokenization technology encrypts files so securely as to be virtually unhackable, a perfect addition in an industry where consumer and lender information is frequently shared and at potential risk.
“For over a decade we have diligently ensured the security and integrity of our clients data, including the financial and personal information of each of our client’s customers,” said Aanchal Bali, vice president of business development at Clear To Close Services. “With increasingly sophisticated cyber threats, posing serious concerns of data and identity theft, our management team understands the criticality of strict and consistent adherence to complex data security compliance requirements. CertainSafe was the obvious choice for Clear To Close Services in regards to setting the standard for security in the title and settlement sourcing industry.
MicroTokenization protects data by breaking down files and MicroEncrypting them all the way down to the byte level. These various tokens are then scattered across different servers, and reassembled when files are accessed. This defeats the hacker who cannot gain access to one complete file.
“CertainSafe enables service providers like Clear To Close Services and moderately sized companies with security options that previously were only available to the largest enterprises and government agencies,” said Chris Donesa, CertainSafe Advisory Board member and former chief counsel for the House Permanent Select Committee on Intelligence. “With the rapid growth of data breaches and identity theft, industries dealing with sensitive information face increasing risks. CertainSafe makes security options and processes available to protect data even in the event of a breach and helps to mitigate those business risks.”
Implementation of CertainSafe will commence immediately, making Clear To Close Services the most secure option for title and settlement processing solutions.