Network World Names Venafi One of 10 IT Security Companies to Watch
Salt Lake City, Uta
October 15, 2007
Company Lessens "Administrative Headaches" Associated with Encryption Management
Venafi, a leading provider of systems management for encryption, today announced it has been named by Network World, Inc. as one of the top 10 IT security companies to watch. According to the October 15 edition of the magazine targeted at IT executives, the 3-year old company is "worth watching" because it "focuses on making encryption more accessible for enterprises by lessening its associated administrative headaches," which in turn improves system uptime, compliance and data security.
Some of the world’s most prestigious companies are using Venafi, including ten of the leading financial services companies and three of the largest telecommunications companies, according to Trell Rohovit, Venafi president and CEO. "Encryption is proving a necessity for protecting an organization's sensitive data, but many are resisting turning on encryption broadly because managing it can be highly cumbersome and expensive," Rohovit said. "Being named one of Network World's top 10 IT security companies to watch shows how important facilitating encryption management has become for companies concerned about data security, system uptime and regulatory compliance."
Venafi enables organizations to deploy, manage and control encryption technologies - including keys and certificates - across their diverse operating systems and infrastructure environments - from the desktop to the datacenter. It's products provide automated discovery of encryption, application encryption configuration, key and certificate lifecycle management and reporting. The tangible business value for Venafi customers includes significantly reduced system failure due to under-managed encryption, increased operational efficiency, reduced operating costs, and improved compliance and data security.