CREDANT Technologies and Intel Partner to Provide Enterprise-Grade Management and Compliance Reporting for Intel's New Danbury Technology Hardware-Based Encryption |
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CREDANT Technologies
15303 Dallas Parkway, Suite 1420
Addison, TX, 75001
USA
Press release date: September 19, 2007
Combined Solution Protects Data Against Insider and External Threats With a Single Point of Management for Policy Administration, Encryption Enforcement, Key Escrow, Data Recovery and Compliance Reporting
SAN FRANCISCO, Sept. 19 / / - Intel Developer's Forum - CREDANT Technologies, the market leader in mobile data protection solutions, today announced that it has partnered with Intel to provide a single point of management that includes policy administration, key escrow, encryption enforcement, data recovery and compliance reporting for Intel's newly announced Danbury Technology hardware-based encryption. The combined Intel and CREDANT solution is leading the way in helping organizations more easily comply with data breach regulations by managing and enforcing the use of encryption to protect personally identifiable information when a computer or disk is lost or stolen.
In a joint appearance at the Intel Developer's Forum in San Francisco yesterday, Intel's Patrick Gelsinger, Senior Vice President, General Manager, Digital Enterprise Group, and CREDANT Technologies' founder and CEO Bob Heard took the stage to make the announcement. CREDANT, an Independent Software Vendor (ISV) will deliver this functionality as a standard feature in its product, CREDANT Mobile Guardian when Danbury starts shipping in Q3 2008.
"CREDANT's technology will enhance the Danbury Technology by giving enterprises a powerful encryption and management solution to protect against data breaches," said Greg Bryant, Vice President and General Manager of Intel's Digital Office Platform Division. "The combination of our hardware- based encryption and CREDANT's centralized management is an important step forward for many organizations that must comply with encryption regulations."
The Privacy Rights Clearinghouse has identified that over 165 million data records of U.S. residents have been exposed due to security breaches since January 2005. As a result, numerous states, local and Federal regulations now require the use of data encryption to protect personally identifiable information. With this release Intel delivers readily available disk encryption that is built into the computer hardware, where it belongs to maximize performance and security for all data that is stored on the disk. CREDANT will provide the management and control infrastructure that will allow IT & security professionals to enforce the use of encryption, more easily recover encrypted data, and provide compliance reporting if a computer or disk is lost or stolen.
"Intel's security strategy with Danbury Technology is perfectly matched to CREDANT's solution and strategic direction. Now, our customers will be able to easily and quickly leverage the encryption capabilities of Intel's Danbury architecture because the management will be seamlessly integrated right into our platform," said Bob Heard, founder, and CEO of CREDANT Technologies. "The combination of Intel's hardware-based encryption and our intelligent software encryption creates a compelling solution to protect data against both insider and external threats across all platforms, even removable media. This level of protection coupled with a single point of management for policy administration, encryption enforcement, key escrow, data recovery and compliance reporting is a win-win solution for everyone. "
"As encryption technologies become pervasive, enterprises require a security solution that allows them to control numerous encryption technologies within one centralized management infrastructure," said IDC analyst Charles Kolodgy. "Enterprises need a data protection strategy that is secure, reliable, and manageable. This announcement by CREDANT and Intel places them in the forefront of delivering such solutions."
About CREDANT Technologies
CREDANT Technologies is the market leader in mobile data protection solutions. CREDANT's secure mobility solutions preserve customer brand and reduce the cost of compliance, enabling business processes to quickly and safely "go mobile." CREDANT Mobile Guardian is the only centrally managed mobile data protection solution that provides strong authentication, intelligent encryption, usage controls, and key management that guarantee data recovery. By aligning security to the type of user, device and location, CREDANT ensures the audit and enforcement of security policies across all mobile endpoints. Strategic partners and customers include leaders in finance, government, healthcare, manufacturing, retail, technology, and services. In 2007 CREDANT was ranked the No. 1 Fastest-Growing Security Company in the Inc. 500 list of Fastest Growing Private Companies. CREDANT was selected by Red Herring as one of the top 100 privately held companies and top 100 Innovators for 2004, and was named Ernst & Young Entrepreneur Of The Year for 2005. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital, and Cisco Systems are investors in CREDANT Technologies. For more information, visit http://www.credant.com/.
About Intel
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at http://www.intel.com/pressroom and http://blogs.intel.com/.
CREDANT Technologies, CREDANT, the CREDANT Technologies logo, and the Be Mobile. Be Secure. tagline are registered trademarks of CREDANT Technologies, Inc.
Source: CREDANT Technologies
Web site: http://www.credant.com/ http://www.intel.com/
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