What Does the Watchdox Acquisition Mean For BlackBerry Ltd.? | The Motley Fool Canada

What is Watchdox? Most of us are familiar with Dropbox. For those who aren’t, Dropbox allows users to store files in the cloud, making them accessible across different devices. Dropbox is perfect for individuals, but large organizations are looking for an added layer of security. This is where Watchdox comes in. With Watchdox, enterprises can track and control who is sharing, or viewing, or even printing a file. A file’s creator can set a time limit on the file’s access, and can wipe the file from other devices, even after it’s left the network. If a hacker tries to steal the file, he’ll only see a bunch of encrypted characters. For this reason, Watchdox is very popular with governments, and also with Hollywood studios, who don’t want to see their scripts leaked.

Source: What Does the Watchdox Acquisition Mean For BlackBerry Ltd.? | The Motley Fool Canada