Shield preventing insider trading within big pharma
Shield helps to safely reveal test results from cancer medicine research within a pharmaceutical company
Mobile phones are relatively easy to use for eavesdropping on meetings. Phones are therefore an attractive target for competing companies and insider traders who can benefit from conducting espionage. They can be hacked through downloaded apps that have access to the microphone and by physically getting a hold of the phone to install malicious software. This means that a phone should never be left out of sight and that a phone never should be laying around during a meeting where sensitive information is discussed. An obvious cyber security conundrum.
Shield is our solution to this problem, a noise-box especially developed to make phones less of a security risk. Here is an example of how Shield can be useful when sensitive information is to be discussed at a big pharmaceutical company.
Insider trading prevention
A publicly traded pharmaceutical company that is a lucrative target for insider traders has an internal meeting to go through test results for a new cancer medicine. The information of discussion will heavily affect the stock price. None of the participants can leave their phone out of sight since an unattended phone is at risk of being manipulated. All phones and smartwatches are put inside Shield before anything regarding the tests results are discussed. Shield is placed inside the meeting room.
Read more about Shield here.