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Leading Analysts Firm Report Titled “X.509 Certificate Management: Avoiding Downtime and Brand Damage” is Now Available Through Venafi Website

Enterprise Key and Certificate Management Leader Venafi Hosts Resource for Market Education and Industry Best Practices

Salt Lake City, Utah – February 7, 2012

Venafi, the inventor of and market leader in enterprise key and certificate management (EKCM) solutions, today announced the availability of a report on the critical need for enterprises to deploy automated certificate discovery and management solutions. The report—X.509 Certificate Management: Avoiding Downtime and Brand Damage, published Nov. 4, 2011, by leading research firm Gartner—highlights the time, cost and vulnerabilities associated with manually reviewing and managing security certificates. The report analyzes current manual techniques, discusses methods for remediating resulting problems, and underscores the need to protect enterprise assets by automating certificate management.

According to the report, “Organizations are often not aware of the scope or the validity status of their X.509 certificate deployments until it is too late. Organizations need to establish formalized plans and, if necessary, leverage available tools to minimize impact.”

GARTNER REPORT “X.509 CERTIFICATE MANAGEMENT: AVOIDING DOWNTIME AND BRAND DAMAGE”
Download the full report here.

“Despite the frequent and disruptive certificate authority (CA) compromises and the resultant digital certificate trust issues for those CAs, we are continually surprised to find that IT security teams are unaware of and unprepared for the consequences of poorly managed X.509 certificates. Organizations are using large numbers of certificates to encrypt and protect information and authenticate systems to one another—in their data centers, private clouds and now on mobile devices. What’s amazing is how few know how many certificates are installed and in use, when they are going to expire, or who the issuing CAs are,” said Jeff Hudson, Venafi CEO.

“A best-practices approach is a must,” Hudson continued. “This guidance from Gartner is certain to educate and motivate better SSL certificate management, which in turn will greatly reduce the operational and security risks that result from poor management. Venafi is hosting this report as part of our ongoing commitment to educate the security community on SSL certificate management.”

The following recommendations are taken from the Gartner report:
  • Organizations with roughly 200 or more documented X.509 certificates in use are high risk candidates for unplanned expiry and having certificates that have been purchased but not deployed. They must begin a formalized discovery process immediately.”

  • “Automated certificate discovery and renewal/management works to minimize the risk of
    unplanned expiry. Manual or automatic certificate management should be leveraged to attribute accountability and ownership of X.509 certificates within organizations.”

  • “Organizations need to create an inventory of X.509 certificates and certificate issuers to minimize the impact and downtime in the event of a certificate issuer compromise, suspected compromise or attack as seen over the past 18 months involving several certificate authorities. Furthermore, organizations need to plan for and practice what they will do in the event of a certificate authority compromise in the context of a security incident.”

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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 datacenter to the cloud and beyond—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 also publishes best practices for effective key and certificate management at www.venafi.com/best-practices. 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.

 

IT Staff have more access to data than their boards

65% of Respondents Acknowledge IT Departments Have Easiest Access to Sensitive Data While Data Access is restricted for other key staff, Including CEOs

London, UK – December 12, 2011

Venafi, the inventor of and market leader in Enterprise Key and Certificate Management (EKCM) solutions, today announced the second set of findings from its InfoSecurity 2011 survey. Respondents from over 500 IT professionals reported that chief executive officers of modern companies often lack access to their own sensitive data. When asked who had the easiest access to their company’s most sensitive data, 65 percent said that the IT department had the easiest access, with the CEO at 30 percent, management at 8 percent, the HR department at 7 percent and legal at 5 percent.

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Venafi Partners with Cohort Technology to Meet Increased Demand for Automated EKCM Solutions through Extensive Channel Reach

Security Expert and Distribution Partner Cohort Technology—with Broad-based Reseller and Technology Partner Network—to Offer Only Enterprise-class Key and Certificate Management Solution

London, UK – September 28, 2011

Venafi, the inventor of and market leader in Enterprise Key and Certificate Management (EKCM) solutions, today announced its strategic partnership with Cohort Technology to distribute EKCM solutions in the United Kingdom. Together, the companies will extend Venafi’s market leadership to meet the needs of Cohort Technology’s resellers and customers. Designed specifically for enterprise environments, Venafi solutions provide automated management for the widest range of digital–certificate and encryption-key technologies in use today—including digital certificates, Secure Shell (SSH) keys, and asymmetric and symmetric keys. (more…)

 

Recently Awarded Patent Demonstrates Venafi’s Industry-Leading R&D and Innovation in Growing EKCM Market

Patent Covers the Management of SSL Certificates across Multiple Certificate Authorities Simultaneously—Delivering Improved Security, Operational Efficiency and Disaster Recovery for Enterprise Organizations

Salt Lake City, Utah – September 8, 2011

Venafi, the inventor and market leader of enterprise key and certificate management (EKCM) solutions, today announced that the U.S. Patent and Trademark Office has issued a patent covering the company’s intellectual property for managing the enrollment and provisioning of digital certificates from multiple certificate authorities (CAs) through a common interface. The patented technology supports a crucial component in the Venafi Encryption Director™ 6 (Director 6) platform, which provides out–of–the box discovery, monitoring, validation, management and provisioning capabilities for the widest range of digital certificate and encryption key technologies. (more…)