|By Marketwired .||
|May 29, 2007 11:00 AM EDT||
REDWOOD CITY, CA -- (MARKET WIRE) -- 05/29/07 -- Ingrian® Networks, Inc., the leading provider of data privacy solutions, today announced details of key management initiatives designed to provide guidance and best practices for encryption implementations. The best practices, culled from work on more than 100 Fortune 1000 deployments, are detailed in the white paper "A Strategic Approach to Enterprise Key Management" which offers guidance into enterprise-wide key management, outlining the critical system components required, and the essential criteria with which to evaluate an effective solution. The paper can be downloaded at http://www.ingrian.com/solutions_resource.html
"As the requirements of data security grow, customers are using multiple encryption tools each with its own individual tools for key management. This can lead to isolated key management silos, redundant operations, and lots of security vulnerabilities," said Jon Oltsik, senior analyst, Enterprise Strategy Group. "To ensure the confidentiality and privacy of encrypted data, it's critical that enterprises recognize the importance of centralized key management with an appropriate strategy and learn how to evaluate their options."
Of the dozens of data breaches reported this year -- many could have been avoided by implementing secure key management. Ingrian has outlined the following criteria for retailers, banks and other organizations processing sensitive customer data as crucial to an effective key management system and encryption strategy:
-- Security: Administrators, users, partners and customers need to know they can trust that their data and identities are safe at all times. This addresses features like centralized authority, storage, authentication and others. -- Performance: The system must function in a manner that is transparent to legitimate data users and business processes, and it must scale easily. -- Flexibility: The system must be adaptable to a range of environments and be capable of integration, through standard interfaces, with all types of data encryption systems from a range of vendors. -- Manageability: Key and policy management must be simple and intuitive so that administrators fully understand -- and granularly control -- system status at all times. There must also be capabilities for logging and auditing all administrator and user actions. -- Availability: The system must be able to recover in the event of one or more network or equipment failures, or even a widespread disaster.
"We have learned from industry experiences and we've seen scores of successful encryption implementations," said Derek Tumulak, vice president of product management of Ingrian. "As compliance and the cost of breaches increases, it's important to us to build the experience and knowledge into a framework based on proven, real-world expertise."
About DataSecure Platforms
Ingrian DataSecure Platforms provide an intelligent, cost-effective way to protect critical data from both internal and external threats. Featuring dedicated hardware appliances and patent-pending cryptography software, Ingrian's solutions deliver capabilities for granular encryption, seamless integration, and centralized key and policy management including:
-- Retailers, financial institutions, and payment processors in adhering to card issuer security policies like the Payment Card Industry (PCI) Data Security Standard. -- Organizations around the world seeking to comply with privacy legislation, such as California SB1386, the Europe Union Data Protection Directive, and many others. -- Financial institutions seeking to comply with Gramm-Leach-Bliley Act. -- Government agencies striving to adhere to the Federal Information Security Management Act.
About Ingrian Networks
Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure Platforms, organizations can protect both structured and unstructured data to ensure compliance with PCI and other legislative mandates for privacy. DataSecure features a dedicated security appliance and specialized software that enables organizations to encrypt critical data in applications and databases. Ingrian is a privately held company backed by such investors as Globespan Capital Partners, HighBAR Ventures, Menlo Ventures, Partech International, and Prism VentureWorks. For more information, visit http://www.ingrian.com.
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