SOURCE: Venafi

Venafi

January 04, 2011 12:54 ET

Venafi Named Finalist in Info Security Products Guide 2011 Global Product Excellence Awards

Enterprise Key and Certificate Management Leader Chosen as Policy Management Solution Finalist for Encryption Management Interoperability

SALT LAKE CITY, UT--(Marketwire - January 4, 2011) - Venafi, the inventor of and market leader in Enterprise Key and Certificate Management (EKCM) solutions, today announced that Info Security Products Guide, the industry's leading publication on security-related products, has named Venafi™ Encryption Director a finalist in the 2011 Global Product Excellence Awards for Policy Management. 

"This recognition validates the unique role Venafi plays in providing enterprise-class management for encryption keys and digital certificates," said Jeff Hudson, Venafi CEO. "The use of encryption solutions to achieve compliance and protect against WikiLeaks-style breaches is growing at a rapid pace. Our nomination highlights our unique ability to help enterprise customers within all industries to automate and improve the encryption key and certificate management processes."

Enterprises use encryption extensively to protect data and secure network communications. However, the failure to manage the associated keys and certificates has resulted in significant unmanaged and unquantified risk among Global 2000 companies.

"A majority of organizations report that they do not know how many digital certificates are on their networks," said Hudson. "Unknown, unmanaged, lost or stolen encryption keys can lead to costly data breaches, failed security audits and unplanned system downtime -- situations that can all be avoided with effective management."

Venafi Encryption Director (Director) manages the lifecycle of hundreds of thousands of keys and certificates for large enterprises around the world. Director automates the provisioning, discovery, monitoring and management of encryption keys and digital certificates. Director's third-generation architecture supports heterogeneous certificate authorities (CAs), multiple platform deployments and various encryption types, and has proven scalability within the world's largest enterprises. 

About Info Security Products Guide
Info Security Products Guide sponsors leading conferences and expos worldwide and plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. The Info Security Products Guide awards recognize and honor excellence in all areas of information security. To learn more, visit http://www.infosecurityproductsguide.com and stay secured.

About Venafi
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 desktop to the datacenter -- 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 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.

Venafi and the Venafi logo are trademarks or registered trademarks of Venafi. All other company and product names may be trademarks or registered trademarks of their respective companies.

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