SafeNet Enterprise Data Protection Solution Suite Provides Measurable Reduction in Cost and Complexity of Data Privacy, Compliance
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Extensible, Encryption Platform Protects Data Wherever It Exists BALTIMORE--(Business Wire)-- SafeNet, Inc., a global leader in information security, now affiliated under common management with Aladdin Knowledge Systems, today unveiled the industry`s first extensible Enterprise Data Protection (EDP) Solution Suite designed to reduce the cost and complexity of regulatory compliance, data privacy, and information risk management for commercial and government organizations. By using a foundation of data encryption to protect data itself, in combination with comprehensive key and policy management, SafeNet EDP Solution Suite ensures the privacy and control of data across databases, applications, file servers, networks, and endpoint devices. This same foundation can be used for multiple applications across the enterprise, so organizations can increase operational efficiency, as well as their bottom line. "Through encryption, organizations can enforce data and application access to only authorized persons or entities that possess the unique key that unlocks the data," said Joe Moorcones, corporate vice president and general manager, Commercial EDP Division, SafeNet. "Since encryption follows the data no matter what state it`s in - at rest, in transit, or in use-exposing it is a non-issue." SafeNet EDP Solution Suite provides a framework and an integrated set of products designed to ensure data security and compliance leveraging a common platform upon which standards-based technology is deployed throughout an organization. This unique SafeNet approach reduces the cost of compliance reporting, auditing, and administration by as much as 25 percent according to analysis by Churchill and Harriman, a leading information technology consulting and risk mitigation firm. "As organizations scramble to meet the succession of compliance mandates governing the protection of sensitive data, they often react by implementing a myriad of new IT controls and associated technologies that were not designed to interoperate," said Ken Peterson, President and CEO, Churchill & Harriman. "This piecemeal deployment scheme offers little protection, is complex, drives up costs, and is ineffective in addressing compliance mandates and security threats in the long term." In addition to the compliance benefits, SafeNet EDP Solution Suite solves complex data privacy issues. Today, data extends beyond the enterprise to widely distributed locations and workforces, partners, outsourcing vendors, and shared service providers. As this data is collected, shared, processed, and stored, over increasingly complex networks, organizations face even greater risks of data theft, loss, and leakage. Data leak protection and traditional perimeter defenses do not adequately address these data protection pain points. SafeNet EDP Solution Suite can be leveraged to address many of these pain points with fewer appliances, thereby maximizing security investments and reducing overhead costs. Deploying centralized key and policy management capabilities means fewer resources-like database administrators-are required to manage. A single point for monitoring and reporting simplifies processes for multiple audit types, and requires fewer resources to maintain compliance reporting. SafeNet EDP Solution Suite secures data in all states-at rest, in transit, and in use- through the use of database and application data encryption, disk and file encryption, centralized key management, network and WAN encryption, and two-factor authentication. The Company will showcase its EDP Solution Suite at booth (2325) at RSA Conference 2009, April 20 -23 in San Francisco, Calif. About SafeNet and Aladdin Knowledge Systems In 2007, SafeNet was acquired by Vector Capital, a $2 billion private equity firm specializing in the technology sector. Vector Capital acquired Aladdin in March of 2009, and placed it under common management with SafeNet. Together, these global leading companies are the third largest information security company in the world, which brings to market integrated solutions required to solve customers` increasing security challenges. SafeNet`s encryption technology solutions protect communications, intellectual property and digital identities for enterprises and government organizations. Aladdin`s software protection, licensing and authentication solutions protect companies` information, assets and employees from piracy and fraud. Together, SafeNet and Aladdin have a combined history of more than 50 years of security expertise in more than 100 countries around the globe. Aladdin is expected to be fully integrated into SafeNet in the future. For more information, visit www.safenet-inc.com or www.aladdin.com. © 2009 SafeNet is a registered trademark of SafeNet, Inc. All other product and brand names mentioned in this document are trademarks or registered trademarks of their respective owners SafeNet, Inc. Public Relations: Matthew Pugh 443-327-1161 matt.pugh@safenet-inc.com or Analyst Relations: Gregg Lampf 443-327-1532 glampf@safenet-inc.com Copyright Business Wire 2009
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