Professional services as a result of the nature of the services and the relationships established relies on a foundation of trust. Trust in professional services is more than a demonstrated of expertise in a field, it is the establishment of a fiduciary relationship. The key components of these relationships are the sharing of data from the client to professional with complete confidence that this data is safe. This data is often personal, commercial confident or even incrementing in certain cases. All professional services rely on their reputation for integrity discretion, and invest majority of their marketing and risk mitigation strategies on the advancement and protection of their reputation. All professional firms including Legal, accounting, insurance, rely on trust. Hacking or similar cyber-attacks causing either loss of personal data or system failure interfering with critical service delivery will have a major impact on a professional firm.
Employment in professional services is competitive, as high portability within industries and relationship are often with client and professional rather than just the firm. It is essential to maintain high staff engagement and motivation. Staff need to be flexible to maintain work balance as well as be able to access data both from clients, firm and 3rd party research without delay, restrictive IT policies and practices with unfriendly Passwords frustrate professional staff. (highlight Efficiency, ease of use)
The combination of a firm reputation and their intellectual property in combination with the mobility of the workforce, requires both high controls and audit features in for both physical and information systems to ensure that only authorised access is granted in real time.
Cipherise addresses both the need to provide a simple, safe and secure access method for only users that have the rights. Via a simple QR scan, (enabled by a single easy to remember secret), employees can gain access from remote locations as if it was in office can be granted access to a payment portal under multi-factor authentication rules, and be confident that their personal identity is never weakened as their unique credentials are never shared. No password is ever typed, transmitted or stored, yet access is granted simply, and without having to remember complicated user credentials or rules.