DANA POINT, CA / ACCESSWIRE / April 11, 2023 / Identillect Technologies Corp. (the "Company" or "Identillect") (TSXV:ID)(Frankfurt:8ID), an industry pioneer in email security solutions, is pleased to announce that it has been selected by Twin Dolphin Club of Cabo San Lucas as its provider of secure, encrypted email services. Twin Dolphin is Cabo's premier private golf and outdoor adventures club. The iconic site features the namesake club, Montage Los Cabos Resort & Residences, and Maravilla.
Twin Dolphin selected Identillect's flagship offering, the Delivery Trust® encrypted email solution, for its ease of implementation and robust security features, built upon distributed ledger technology. "We are pleased to integrate the security tool from Identillect to increase our already strict security protocols," states Jamie Rios Twin Dolphin's Assistant Director of IT Infrastructure.
Ranked #2 in cyberattacks among Latin American countries, Mexico is becoming a core market for Identillect's flagship Delivery Trust® encrypted email solution. Business owners find little in the way of cybersecurity protections and assurances from national commerce commissions and regulators in Mexico, leading them to seek the ultra-secure communications offered by Identillect's blockchain-embedded digital fingerprint technology.
Delivery Trust® leverages the Ethereum blockchain for a uniquely secure solution. By drawing on the inherent value proposition of the distributed ledger, Delivery Trust® relies on 11 unique integrity factors which are stored on the Ethereum blockchain for every email that is composed. This digital fingerprint is then encrypted by the Advanced Encryption Standard (AES) key algorithm and placed on a decentralized ledger that must precisely match the recipient's key.
According to the Wilson Center's Mexico Institute, Mexico's economy and geostrategic location make it an attractive target for illicit cyber activities. While the nation has seen considerable Foreign Direct Investment and solid GDP growth, Mexico is still relatively vulnerable in cybersecurity and cyber defense, experiencing a 127% increase in cyberattacks between 2020-2021.
"Companies in Mexico continue to recognize the distinct threat of global cybercriminals," said Todd Sexton, Identillect CEO. "We are anticipating real promise in the Mexican cybersecurity market - it is severely underserved, heavily assaulted, and offers minimal government protections. Because most cybercrime originates from outside the target country, it is generally impossible to prosecute them, meaning it is up to individual companies to protect themselves. Twin Dolphin is a customer of our partner Avit Technologies. Avit has found Delivery Trust to be an important security tool for their clients and we will continue to see growth with partners like Avit. The Delivery Trust platform deploys incredibly fast, and seamlessly integrates with all the popular email clients such as Gmail, Outlook, and Office 365."
About Twin Dolphin
Along the Golden Corridor in Los Cabos, the site of the former iconic Hotel Twin Dolphin is now home to the region's premier, master-planned community. Twin Dolphin Master Plan community of 1,400 acres developed by Ohana Real Estate Investors, now includes: Twin Dolphin Golf Club, a golf course of 19 holes designed by Fred Couples and a Club House, Maravilla, Luxury residences and The Club, and Hotel Montage Los Cabos & Residences.
Plans for the community also include retail shops, restaurants, and additional residential neighborhoods.
About Identillect
Identillect Technologies is the leading provider of blockchain-embedded email encryption services. Its flagship Delivery Trust® cybersecurity platform provides ultra secure email communications, empowering enterprises of all sizes to protect their business and their client's critical information against cyber security attacks.
Delivery Trust® leverages the Ethereum blockchain for a uniquely secure solution. By drawing on the inherent value proposition of the blockchain ledger, Delivery Trust® relies on 11 unique integrity factors which are stored on the Ethereum ledger for every email that is composed. This digital fingerprint is then encrypted by the Advanced Encryption Standard (AES) key algorithm and placed on a decentralized ledger that must precisely match the recipient's key.
For more information, or your free trial, please visit www.identillect.com
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Todd Sexton
Chief Executive Officer
Tel: (949) 468-7878
Email: todd.sexton@identillect.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
SOURCE: Identillect Technologies Corp
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