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Sarbanes Oxley : Technology : Security

File Encryption Breakthrough

February 19, 2008 08:00 AM


Wasim Ahmad
Vice President
Voltage Security
It's one small step for Voltage Security Inc., and one giant leap for the encryption market. In a breakthrough development, Voltage has launched Voltage SecureFile – the first security software that protects information by encrypting any file format, wherever it goes and however it is transported.

Powered by Voltage Identity-Based Encryption™ (Voltage IBE™), Voltage SecureFile is the easiest to use, fastest to deploy, simplest to administer encryption product available today.

“Until now, businesses have been caught in a complexity paradox,” said Wasim Ahmad, vice president of marketing at Voltage. “They need to protect customer confidentiality, secure their business assets, and mitigate the risk of information breaches and data loss. But traditional encryption products are too complex for everyday use. Voltage SecureFile changes the rules of the game, protecting files anywhere, anytime – regardless of their location.”

Specifically, Voltage SecureFile offers:
  • Persistent information encryption for desktop files, batch files and documents – regardless of where they're located
  • Encryption of files within Web collaboration portals, and continued protection of those files even when they exit the portal
  • Integration with collaboration group policies – ensuring dynamic access rights remain fully enforced
  • Integration with Microsoft Office 2007 -- providing in-place document encryption leveraging Microsoft IRM (Information Rights Management), enabling you to create a persistent set of access controls that live with the content, rather than a specific network location
With these capabilities in mind, Voltage SecureFile protects sensitive company information--such as roadmaps, financial documents, forecasts, HR information and other intellectual property. Voltage SecureFile also safeguards documents as they travel between business partners such as sales channels, supply chains, outsourcers, contractors and partners.

Voltage SecureFile is the rare solution that offers user simplicity coupled with an unmatched breadth of capabilities. It protects information for the individual desktop user and via a command line for applications, but also scales to safeguard documents inside collaborative environments such as IBM Lotus Quickr and Microsoft Office SharePoint Server. Moreover, Voltage SecureFile can be deployed either on premise or as a managed service – offering flexibility to businesses of all sizes.

Said Michael Clarage, CTO of Waltham, MA-based Concentrica, a company specializing in clinical document delivery: “Voltage SecureFile gives us confidence that our customer’s information is safe and secure, no matter where it goes or how it gets there. The risk and danger of information falling into the wrong hands is mitigated. Encryption is a non-negotiable ‘must have’ for electronic health data, and Voltage SecureFile enables us to meet HIPAA compliance requirements.”

"Companies have an implicit contract to protect the private information of their customers," said Mike Rothman, president, Security Incite. “Regardless of regulatory mandates, protecting customer data is the right thing to do. The easiest way to make happy customers into former customers is to violate their trust. So the impetus is on security professionals to control customer data in a transparent and secure fashion, especially as new file types, collaboration environments, and application architectures like SOA take root."

Unlike competitive offerings that have complex key management or password management schemes, or are limited to securing certain file types, transport mechanisms or file locations, Voltage SecureFile is easy to use with any file, no matter where it goes or how it gets there.

SECURITY AS A SERVICE
Voltage SecureFile is the first and only file encryption solution powered by a managed security service, the Voltage Security Network (VSN). Voltage's commitment to managed services and security as a service (SaaS) comes at a critical time. According to The Wall Street Journal Online, “a whopping 39% of companies with 500 to 999 employees said [software as a service] was their preferred model for buying software–by far the largest of any model.” Together, Voltage SecureFile and the Voltage Security Network fulfill heightened customer demand for security solutions delivered through managed services and SaaS.

The comprehensive yet easy-to-deploy Voltage SecureFile product family includes:
  • Voltage SecureFile Client, for file encryption at the desktop
  • Voltage SecureFile for IBM® Lotus® Quickr™, bringing information encryption to documents within the Lotus collaboration environment
  • Voltage SecureFile CL, for batch encryption of files
  • Voltage SecureFile for Voltage Security Network, for file encryption through managed services

PRICING AND AVAILABILITY
Voltage SecureFile is available immediately for enterprises and medium-sized businesses as a desktop/batch bundle. Pricing starts at $50 per user for SMB customers. The SaaS offering will be available later this quarter.

Voltage Security, Inc., an enterprise security company, is the global leader in information encryption. Voltage solutions, based on next generation cryptography, provide encryption that just works for protecting valuable, regulated and sensitive information persistently and based on policy. Voltage delivers power, simplicity and the lowest total cost of ownership in the industry through the use of award-winning Voltage Identity-Based Encryption™ (IBE). Voltage Security offerings include Voltage SecureMail™, Voltage SecureFile™, the Voltage Data Protection System™ and the Voltage Security Network™ (VSN), an on-demand managed service for the extended business network.

Voltage Security is the number one OEM provider of email encryption technology in the world with OEMs that include Microsoft, Proofpoint, Secure Computing, Sendmail, Canon, Code Green Networks and NTT Communications. The Company has been issued several patents based upon breakthrough research in mathematics and cryptographic systems. Customers include Global 1000 companies in banking, retail, insurance, energy, healthcare and government, such as American Board of Family Medicine, Diebold, Integro Insurance Brokers, NTT Communications, SafeAuto Insurance, Winterthur Life UK Ltd. and XL Global Services.

For more information please visit www.voltage.com








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