CryptoMill’s breakthrough encryption technology is attracting admirers from international companies to government agencies The Women’s Executive Network named CryptoMill’s Nandini Jolly one of Canada’s 100 Most Powerful Women for her business determination, technical innovation and breaking new ground in a male-dominated industry. “Did you circle it?” It’s a phrase Nandini Jolly aims to become the norm in companies large and small all over the world. Jolly is the founder, president and CEO of Toronto, Ontario-based CryptoMill Cybersecurity Solutions, whose latest offering is Circles of Trust, a breakthrough encryption solution. Unlike other cybersecurity solutions that focus on network security, with Circles of Trust by CryptoMill, protection is bound to the data itself. The circle is a metaphor for network safety: a company’s data remains encrypted and only accessible to those it trusts—those in the circle—and only on a need-to-know basis. Your safety network is both digital, and human. Data protection solutions that build businesses and governments No matter where it’s shared or stored, a company’s encrypted data is only circle-accessible. If someone without permission tries to access protected data by downloading it onto a separate USB or by using a different device, all they see is hopelessly garbled data. Circles of Trust eliminates the risks associated with data leaks and breaches from hacker attacks, whether the data is at rest, in use or in motion—and it does it seamlessly, with no workflow disruption. While companies like Microsoft have developed elements of its capabilities, CryptoMill’s Circles of Trust remains unique. Its fans—and clients—include companies like Hewlett-Packard (HP), Toshiba and Hitachi, as well as government agencies such as Statistics Canada and the Royal Canadian Navy. CryptoMill is also engaged in ongoing cyber work with NATO, U.S. Cyber Command and the National Institute of Standards and Technology (NIST), among others. It’s an impressive achievement for a company that’s been in business less than a decade—and is headed by a woman who freely admits that when she started CryptoMill, she knew almost nothing about cybersecurity. What Jolly did have was a background in finance, specifically international risk management, business contacts developed through senior positions at the Bank of America and Deloitte, a keen eye for people who think outside the box, including engineers and computer scientists—and a fair bit of boldness. It was a proactive sales call that landed her first big client: HP. “I called up a senior person at Hewlett-Packard, said I had a wonderful product to tell him about, and asked him for thirty minutes of his time,” she recalls. She got it. A little over a year later, CryptoMill’s proprietary cybersecurity software was being bundled in 34 languages on HP desktops, laptops and tablets. More companies, including software giant OpenText, followed. Toronto’s calling card is its diversity Toronto is a global hub for cybersecurity, a market that’s predicted to top US$300 billion by 2024, thanks to its exceptional and diverse talent pool and innovative ecosystem that includes incubators and accelerators. Today, CryptoMill remains a small company. The staff counts just 30 “Cryptonites” (as Jolly calls them), including at least two co-op students at any given time recruited from local universities. It makes for a strong, close team where “everyone respects differences, values learning on the job and is hungry to have out-of-box experiences.” Toronto, Ontario, is ranked as a Global City of the Future. It has proved to be the perfect location for the company—and for Jolly, the city’s unabashed ambassador. Passionate about making the world safer and more secure, Jolly and her team are focused on creating impactful solutions in a cyber space that’s constantly under attack. “Toronto is so warm and welcoming,” enthuses Jolly, who has lived in many cities, courtesy of her diplomat parents. “You find people from such eclectic backgrounds here—including a bubbling, sizzling pool of highly qualified young people in every discipline—and that stimulates innovative thinking.” Jolly also points out that whatever sector a business is in—be it finance, information technology, life sciences, food and beverage, fashion—it will find the expertise it needs in Toronto both from a resource and client point of view. Rounding out Toronto’s attributes, Jolly says, is its network of support for entrepreneurs. There are dozens of organizations for women entrepreneurs alone. “I can’t imagine working and living anywhere else,” she says. For Jolly, success is a journey, not a destination, and she’s only just begun. Learn why Ontario is the perfect location for your cybersecurity business.
spotlights2022 Investment RoundupIn 2022, we saw billions in investments in the automotive, advanced manufacturing and life sciences industries in Ontario, Canada.... spotlights5 reasons Ontario is poised to lead the future of electric vehicle productionExperts predict the province will be a crucial jurisdiction in the global production and development of electric vehicles. Ontario is poised to build the innovative technologies... success storiesNorth America’s first automotive cybersecurity organization is in OntarioUniversity of Windsor’s SHIELD Automotive Cybersecurity Centre of Excellence is developing innovations to protect connected and autonomous vehicles.... spotlightsOntario, Canada ranks top 5 for FDI into North AmericaIn a world in economic flux, fDi Intelligence’s 2022 Global Greenfield Investment Trends reveals the province’s FDI investments show no sign of slowing down.... spotlightsIntroducing the Waabi Driver: the next generation of autonomous trucking techWaabi have unveiled the Waabi Driver, an AI-first autonomy stack as software designed for factory-level OEM integration, large-scale commercialization,... success storiesOntario biotech startup receives Gates Foundation grant to make contraceptives more accessibleOntario-based Cyclica’s new-age AI is generating more non-hormonal contraceptive choices for women in developing countries.... Press ReleaseOntario attracts economic opportunities with Trade Mission to IndiaThe Ontario government has concluded a successful trade mission to India to strengthen relationships with economic partners and attract new investments in key sectors.... Press ReleasePointsBet opens Canadian headquarters in Toronto, OntarioLeading iGaming company, PointsBet, has opened its Canadian headquarters in Toronto, which will serve as a technology innovation hub and home to 50 new jobs.... success storiesWhy India’s L&T Technology Services is engineering solutions in OntarioWhen it decided to nearshore its North American R&D, India’s L&T Technology Services looked for a robust tech ecosystem—and found it in Toronto, Ontario.... spotlightsVolkswagen partners with Ontario quantum leaders on battery developmentVolkswagen teams up with Ontario-based quantum computing leader Xanadu to develop safer, lighter and more cost-effective EV battery materials.... success storiesIndian multinational IT giant Zoho expands to Ontario, CanadaMajor Indian IT company Zoho recently expanded into Canada, opening its first office in Cornwall, Ontario.... success storiesWhy tech leaders are tapping the STEM talent pipeline in North Bay, OntarioAward-winning cloud solution provider ThinkOn selects the “Gateway of the North” for its $4M Global Command and Cyber Security Operations Centre....