CitiGroup a Venture Capital company has invested in a Cryptography company called Dyadic

Dyadic is a software company that helps companies manage their cryptographic keys, a long string of numbers required to encrypt private information.

Dyadic’s solution effectively splits each key into two and allows them to be stored in different places – one half on a company server and the other on a mobile phone, for example, or one half in the cloud and the other in a data center.

This way, even if a hacker somehow obtained the part of the key stored in the cloud, it couldn’t use it to decrypt information without finding its pair.

 

Source: http://digiday.com/marketing/citis-latest-cybersecurity-bet-veers-usual-model/

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