Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Data Protection

SafeNet Launches Encryption-as-a-Service for Service Providers

Data protection firm SafeNet announced a new encryption solution that gives service providers the ability to offer enhanced data protection and access control to their customers when storing their data in cloud and virtual environments.

Data protection firm SafeNet announced a new encryption solution that gives service providers the ability to offer enhanced data protection and access control to their customers when storing their data in cloud and virtual environments.

Called ProtectV for Service Providers, the solution provides suppliers of virtualized services the ability to quickly provision encryption services for customers and then offer the service on a pay-as-you-go basis, supported by a flexible billing package and a built-in usage metering API. 

SafeNet, which recently agreed to be acquired by European security firm Gemalto for $890 million in cash, says the solution allows enterprise customers to use Infrastructure-as-a-Service (IaaS) offerings with full data lifecycle accountability, audit trails, and detailed compliance reporting.

SafeNet LogoProtectV can be deployed into a customer environment as part of a service provider’s IaaS offering, and delivers full encryption of virtual machines and storage volumes that their customers can use to protect their data and segregate it from the provider and other customers, the company said.

Currently available for Amazon Web Services partners and VMware-based cloud platforms, the solution also provides pre-launch authentication and access controls to deliver control and proof of ownership for both the encrypted data and associated keys by both the customer and their service provider.

“Data security remains a top concern for enterprises as they consider moving more of their sensitive data and workloads to the cloud,” said Garrett Bekker, Senior Analyst at 451 Research. “As cloud service providers look for ways to better engage their customers with value-added offerings, encryption-as-a-service can help enterprises offload the complexities of managing encryption and key management across heterogeneous resources while maintaining their security and meeting compliance mandates.”

“ProtectV for Cloud Service Providers will help cloud infrastructure vendors drive adoption of their services by assuring customers that their critical data will remain under their control, even in shared environments,” said David Etue, vice president, corporate development strategy, SafeNet. “Organizations that were once wary of moving sensitive workloads to the cloud, particularly in highly regulated industries, can now do so more confidently. That makes this a win both for the customers and for service providers.”

More information is available online.

Advertisement. Scroll to continue reading.
Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is founder and director of several leading cybersecurity industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Discover strategies for vendor selection, integration to minimize redundancies, and maximizing ROI from your cybersecurity investments. Gain actionable insights to ensure your stack is ready for tomorrow’s challenges.

Register

Dive into critical topics such as incident response, threat intelligence, and attack surface management. Learn how to align cyber resilience plans with business objectives to reduce potential impacts and secure your organization in an ever-evolving threat landscape.

Register

People on the Move

Karl Triebes has joined Ivanti as Chief Product Officer.

Steven Hernandez has joined USAID as CISO and Deputy CIO.

Data security and privacy firm Protegrity has named Michael Howard as its CEO.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.