SOURCE: Vaultive

Vaultive

February 12, 2014 09:00 ET

Vaultive Discusses Controlling Cloud Data Through Encryption at Morgan Stanley European CTO Summit

Co-Founder Ben Matzkel's Presentation Highlights How Financial Services Companies Can Balance Data Residency Requirements and Security Through Encryption

NEW YORK, NY--(Marketwired - Feb 12, 2014) -  Vaultive, a leading cloud encryption platform provider, today announced the company will present at the annual Morgan Stanley European CTO Summit on February 20th in London. Vaultive will present on "The Boundaries of Shared Responsibility for Cloud-based Services," providing financial services companies with best practices for maintaining control and ownership of data in the cloud. 

"It is an honor to be selected by Morgan Stanley as an innovative cloud security company presenting at the European CTO Summit this year," said Ben Matzkel, co-founder and CSO of Vaultive. "As enterprises evaluate how to balance the need to mitigate their governance and security risks with the agility and operational benefits of public cloud services, concerns about shifting data residency requirements and data privacy threats loom large. We look forward to engaging with the summit's high-caliber audience on how these risks can be addressed by extending the boundary of control to cloud data through encryption-in-use technology."

Vaultive's platform ensures that businesses can take advantage of the benefits of cloud-based services while maintaining complete ownership and control of their data. Vaultive's innovative cloud encryption gateway and key retention capabilities provide a critical component in addressing these concerns, and complement cloud migration and management services delivered by partners.

With Vaultive's gateway in place, business data is encrypted as it passes through the Vaultive proxy, at the boundary of the business' network. The data remain encrypted not only while in-transit and at-rest, but also while in-use. This means that the data is never decrypted outside of the end-user organization's environment, even when processed by and stored in the cloud. Businesses comply with jurisdictional and residency requirements by virtue of keeping the encryption keys within the jurisdiction, regardless of the actual physical location of the data.

The Morgan Stanley European CTO Summit is an invite-only, annual event that brings together private equity firms, venture capitalists, innovative start-ups, and senior IT practitioners providing insight into technology themes, emerging disruptive technology companies and real-world requirements in the enterprise technology space.

About Vaultive
For businesses moving to the cloud, Vaultive's encryption-in-use technology mitigates risk by empowering companies with control and ownership of their data wherever it resides. Vaultive's customers hold the encryption keys, letting them retain the freedom to use the cloud applications professionals rely on, while ensuring the governance and security that the business demands. Optimized for Microsoft® Office 365 and integrated with major cloud applications, the Vaultive platform supports best practices for the control and ownership of corporate data in the cloud as outlined by the Cloud Security Alliance. Vaultive addresses the requirements of global enterprises in financial services, life sciences and pharma, legal and professional services, manufacturing, and retail and media, while also offering a cost-effective solution for mid-size and smaller companies. For more information, visit www.vaultive.com or follow us on Twitter.

Contact Information

  • For additional information, contact:
    Dan Gaffney
    fama PR
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    617-986-5036