\u201cYes, you can safely call our software a game changer,\u201d says co-founder Dennis Schouten firmly about the innovative nature of the solution that Chunk Works has developed. \u201cThe point is that we not only offer data security for today, but also for the computing power that future hackers will have at their disposal. I will spare you the technical details, but the essence is that they can decipher encrypted data very quickly with quantum computers. Banks in particular, but also utility companies, for example, are seriously concerned and want a new and reliable lock on the door as soon as possible.\u201d<\/p>\n
Co-founder Stan Scharnigg explains the exact problem that Chunk Works\u2019 software addresses. \u201cTraditional data security involves organizations storing their data encrypted on a single, secure server. Storing it is free, but downloading the data costs money. Because they often end up with a lot of data in that one place, it is too expensive to \u2018move\u2019 everything to another provider \u2013 even if that is actually better, cheaper and\/or more secure. So they stay. A \u2018lock-in\u2019, you call it. Good for the provider, but bad in terms of data security.\u201d<\/p>\n
\u201cStoring data in a split and encrypted manner is much more effective in the fight against hackers, now and in the future \u2013 and that is exactly what our product does,\u201d Schouten explains. \u201cOur software automatically cuts up, encrypts and stores each customer file in a distributed manner. Hackers then steal \u2018snippets\u2019 of data at most and they can\u2019t do anything with them, because the bigger puzzle is missing. Think of it as a form of risk spreading. Technically, every party can secure their data anytime and anywhere with our software, because the solution is cloud and provider independent. What also makes us unique is the so-called \u2018crypto agility\u2019: the rapid switching of encryption algorithms. For example, if an algorithm is cracked, it can easily be replaced with a more secure one using our platform. This flexibility ensures that companies are always ready for what the future brings.\u201d<\/p>\n
Scharnigg and his colleagues have known for a long time that their product does what they intend. \u201cWe have an initial version in use with a customer and it works fantastically: data such as IP, contracts and customer data are quantum-safe with our solution. The crucial thing now is that we continue with this version fine tune<\/em> so that we can sell a 'one size fits all' solution in the future - regardless of the size or type of organization. Then we can also scale up our production and sales. That is where our social impact lies, because a cyber breach at banks or utilities can easily shut down payment transactions and our energy supply. That threat is real and will only increase in the future."<\/p>\n The social impact that Chunk Works aims to have was reason enough for ROM InWest to support the young tech company. \u201cWe are happy with the support of their Senior Business Developer Jorn Eiting van Liempt. The critical questions he asks us force us to position the company in such a way that we can scale in a healthy way. His tips clearly come from his own experience and help us avoid pitfalls.\u201d Schouten is also positive. \u201cWith all their knowledge, skills and professionalism, ROM InWest is a great partner to have at our side \u2013 especially in this phase.\u201d<\/p>\nGrowing and scaling up thanks to business development from ROM InWest<\/h4>\n
Chunck Works' tip for other entrepreneurs: organize an advisory board<\/h4>\n