Business Chief APAC+ANZ Magazine July 2018 | Page 48

TECHNOLOGY
48

W ith the cost of cybercrime to business in 2016 estimated at $ 500bn in lost revenue , and this figure expected to increase by over $ 2trn by 2019 , businesses both public and private are still struggling to implement secure communication . EQUIIS CEO Derek Roga is adamant more needs to be done to offer economical and intuitive solutions .

EQUIIS provides enterprises with a range of secure communications solutions so that from oil and gas companies to law firms , businesses can communicate securely and efficiently with each other and with clients , protected against the ever-increasing

“ The idea was to provide an easy-to-integrate platform that could provide the enterprise with a tool to communicate securely ”

— Derek Roga , CEO EQUIIS dangers of cybercrime and ransomware . With a recent report from NTT Security having revealed one third of global business decision makers prefer to risk ransomware demands rather than investing in cybersecurity , despite attacks having increased by 350 % in 2017 alone , it ’ s no surprise there are so many issues with keeping data secure and that EQUIIS is growing exponentially in a previously neglected space .
Derek Roga , a tech entrepreneur with 25 years ’ experience , previously worked in the telecom software space , working with Blackberry before founding EMS in Dubai in 2005 , which involved “ taking the Blackberry solu-
JULY 2018