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Venafi Encryption Director 6 Selected as CODiE Awards Finalist for Best Security SolutionAutomated Encryption Key and Certificate Management Capabilities That Reduce Unquantified and Unmanaged Security Risk Earn Venafi Prestigious Industry Recognition (April 24, 2012)
SALT LAKE CITY, UT -- (Marketwire) -- 04/24/12 -- Venafi, the inventor and market leader of enterprise key and certificate management (EKCM) solutions, today announced that the Software & Information Industry Association (SIIA) has named Venafi Encryption Director 6 (Director 6) as a finalist in the 2012 CODiE Awards Best Security Solution category. Best Security Solution recognizes the most innovative security solutions designed to protect enterprise IT systems and networks and to achieve strong audit and compliance postures.
The world's Fortune-ranked organizations have amassed petabytes of regulated and valuable information that flows within and beyond their networks -- all of which must be protected -- and have therefore deployed thousands of encryption keys and certificates across their global infrastructures, in the cloud and on mobile devices. Yet these same enterprises have little idea how many of these security instruments are in use, where they are deployed, by whom they are accessed, or how they are managed.
SIIA judges singled out Director 6 as a finalist due to its ability to provide out-of-the-box automated management capabilities for the widest range of digital certificate and encryption key technologies used by today's enterprises, including symmetric keys, SSH keys, asymmetric keys and digital certificates. Judges recognized that automated EKCM significantly reduces the unquantified and unmanaged risks inherent in manual encryption management processes that result in unplanned outages, failed audits and security breaches.
"Our Global 2000 customers recognize that the best security defense is a great offense. Director 6 allows many of the world's leading organizations to address compliance, operational and security risks before they lead to costly breaches and outages," said Gregory Webb, Venafi vice president of marketing. "We are honored to be selected as a finalist in the 27th annual CODiE Awards Best Security Solution category. This recognition reveals that enterprises know that they are high-value targets and must take extraordinary measures to protect themselves. Organizations must know where all their keys and certificates are installed; have detailed information on each instrument, including owner, in-use algorithm, key lengths and validity periods; and have recovery plans in case of compromise."
Venafi automates the provisioning, discovery, monitoring, validation, management and security of encryption keys and digital certificates in many of the world's largest organizations. With Director 6, organizations can scale encryption deployments and management functionality across the enterprise as the need to protect more data and authenticate more systems, applications and devices grows. Learn more at www.venafi.com/Director6.
2012 CODiE Award winners for Best Security Solution will be announced Thursday, May 10.
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industries. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies setting the pace for the digital age.
Venafi is the inventor of and market leader in Enterprise Key and Certificate Management (EKCM) solutions. Venafi delivered the first enterprise-class solution to automate the provisioning, discovery, monitoring and management of digital certificates and encryption keys -- from the datacenter to the cloud and beyond -- built specifically for encryption management interoperability across heterogeneous environments. Venafi products reduce the unquantified and unmanaged risks associated with encryption deployments that result in data breaches, security audit failures and unplanned system outages. Venafi also publishes best practices for effective key and certificate management at www.venafi.com/best-practices. Venafi customers include the world's most prestigious Global 2000 organizations in financial services, insurance, high tech, telecommunications, aerospace, healthcare and retail. Venafi is backed by top-tier venture capital funds, including Foundation Capital, Pelion Venture Partners and Origin Partners. For more information, visit www.venafi.com.
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