The Virtual StrongBox™ journey started when our founder tried to solve a personal pain point – where to store piles of sensitive personal and business documents and files. Cloud storage in 2012 didn’t provide the level of security needed to protect personal information the way financial service firms required. This inspired us to invent and patent new data protection methods and launch our online safe deposit box as our first use case.
From that first use case, we knew that the only thing holding financial service firms back from leveraging the power of the cloud for business process transformation was the lack of a data security-focused platform. We created a platform that protected confidential data in the cloud the “Financial Institution” way. In 2014 that secure platform was launched, and we’ve been helping hundreds of financial service providers launch new products and solve their digital transformation pain points.