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Baystream spins off Cybersecurity Products

Baystream spins off Cybersecurity Products

December 15, 2020

Today Baystream created the Fileglobal division as a new Corporation, aimed at further developing and commercializing Baystream's cybersecurity products. Over the last few years and reacting to evolving customer needs, Baystream invested heavily into developing a secure information security platform, incorporating such elements as an industry-standard SIEM, automatic hardware hardening, vulnerability monitoring, file monitoring, disaster recovery, and SLA monitoring. The emphasis was on creating an environment that would monitor both availability and performance degradation and detect abnormal user flows. As this system was deployed by Baystream to secure its operations, it became apparent that this kind of product would require independent care and enhancement, and in an area that is not mainline for Baystream, which instead focuses on process improvement round M-Files. For this reason, a separate company was formed, able to focus on cybersecurity in general and cryptography and secure messaging in particular.

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