CipherCloud Announces Next-Generation Cloud Data Protection Platform

Active Encryption Extended Across HR, CRM, IT Service Management, Marketing and Analytics Clouds

SAN JOSE, CALIF. September 28, 2016 CipherCloud a leader in cloud security and governance, today announced the availability of its next-generation data protection solution, extending its industry-leading Cloud Access Security Broker (CASB) platform. With extensible connectors to virtually any cloud application, the CipherCloud platform provides a common security layer for advanced encryption, key management and policy enforcement across multiple clouds, including SAP® SuccessFactors® solutions, Adobe Marketing Cloud, ServiceNow, Office 365, Box, OneDrive, SharePoint, Dropbox and more.

As increasing amounts of sensitive data move to the cloud, enterprises face challenges meeting compliance, data privacy and data residency requirements. While some SaaS providers encrypt data at rest, most cyber threats today, including credential theft, account hijacking, insecure APIs, and forced government disclosure, are aimed at the broader target of data in use. According to a recent Gartner report, SaaS provider encryption is only recommended “when there are no concerns about the SaaS or CSP vendors having clear-text access to the keys or data.”

By contrast, CipherCloud Active Encryption provides persistent, end-to-end data protection, allowing enterprises to control encryption across multiple clouds while never sharing encryption keys with cloud providers or outsiders. CipherCloud maintains the functionality of encrypted data, for searching, sorting, reporting and third-party tools, and controls data encrypted on mobile devices.

This extensible encryption solution has been deployed by major enterprises including:

  • One of the largest pharmacy chains in the U.S. leveraging Adobe Marketing Cloud while using CipherCloud to encrypt customers’ Protected Health Information (PHI) and ensure compliance with HIPAA regulations;
  • A global manufacturer moving data to SAP SuccessFactors cloud while using CipherCloud to encrypt personal data and meet strict privacy regulations including the European General Data Protection Regulation (GDPR);
  • One of the world’s largest social media sites, using the CipherCloud platform to extend services globally, while adhering to strict regional data residency requirements.

Quotes
“As the industry pioneer in protecting sensitive and regulated data in the cloud, CipherCloud is the first to provide true multi-cloud security. Our next-generation data protection platform enables enterprises to adopt the cloud while maintaining exclusive control over sensitive data,” said Dev Ghoshal, senior vice president, Global Alliances and Customer Success for CipherCloud.

“Data privacy and compliance concerns have limited cloud adoption for many global organizations,” said David Ragones, group vice president, Product Management at SAP SuccessFactors. “Working with CipherCloud, we’re helping customers to retain control over sensitive data, while fully leveraging our cloud-based platform.”

Additional Resources

About CipherCloud

CipherCloud, a leader in cloud security and governance, enables companies to adopt the cloud while delivering advanced data protection, compliance and control. CipherCloud delivers a comprehensive multi-cloud security platform that integrates advanced data protection, content control, monitoring, cloud discovery and risk analysis. The largest financial services, insurance, healthcare, telecommunication and government organizations across more than 25 countries have put their trust in CipherCloud.

CipherCloud was named by KuppingerCole as the Overall Leader in the CASB market and was named Cloud Computing Security Product of the Year by SC Magazine. CipherCloud has received investments from premier venture capital firms Andreessen Horowitz, Transamerica Ventures, Delta Partners and T-Venture, the venture capital arm of Deutsche Telekom. For more information, visit www.ciphercloud.com and follow us on Twitter – 

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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Media Contact:

Melissa Neumann
CipherCloud
408-666-1946
mneumann@ciphercloud.com