LOS ANGELES, Sept. 26, 2018 /PRNewswire-PRWeb/ -- CyberSecurity Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global information security market, today announced that Venafi®, the leading provider of machine identity protection, has been named the winner of the "Authentication Solution of the Year" award from CyberSecurity Breakthrough
"In this new world of connected things, artificial intelligence and machine-to-machine communication, Venafi was early to recognize the growing need to secure automated machine-to-machine communications and invented the technology that protects machine identities," said James Johnson, managing director, CyberSecurity Breakthrough. "This embodies the spirit of the CyberSecurity Breakthrough Awards program as we look to recognize the innovators and drivers of new security technologies and approaches for the modern world's newest threats and security challenges. Congratulations to the Venafi team on their 2018 CyberSecurity Breakthrough Award designation."
The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year's program attracted more than 3,000 nominations from over 14 different countries throughout the world.
The Venafi platform protects the cryptographic keys and digital certificates that serve as machine identities; they are used to secure machine-to-machine communication. Just as usernames and passwords identify and authenticate humans, machine identities control connections and the flow of information between machines. Unfortunately, machine identities are one of the most poorly understood and under-defended parts of enterprise networks. Cybercriminals use attack strategies that routinely exploit unprotected, weak and vulnerable machine identities.
Venafi is the cybersecurity market leader in machine identity protection. The Venafi platform provides global visibility of machine identities and the risks associated with them for the extended enterprise at machine speed and scale. With over 30 patents, Venafi delivers innovative solutions for the world's most demanding, security-conscious Global 5000 organizations, including the top five U.S. health insurers; the top five U.S. airlines; four of the top five U.S., U.K., Australian and South African banks; and four of the top five U.S. retailers.
"The number of machines on networks is growing exponentially because the digital transformation that is happening is completely dependent on machines, not people," said Jeff Hudson, CEO of Venafi. "These machines are running our cities and our world, so it's critical that their identities are protected. Venafi invented the technology needed to protect machine identities in the world's largest, most security conscious companies. We are grateful for the industry recognition from CyberSecurity Breakthrough, this award a testament to our dedication to protecting the most critically important machine identities in the world."
About CyberSecurity Breakthrough
Part of the Tech Breakthrough Awards organization, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more. For more information visit CyberSecurityBreakthrough.com.
Venafi is the cybersecurity market leader in machine identity protection, securing connections and communications between machines. Venafi protects machine identity types by orchestrating cryptographic keys and digital certificates for SSL/TLS, IoT, mobile and SSH. Venafi provides global visibility of machine identities and the risks associated with them for the extended enterprise—on premises, mobile, virtual, cloud and IoT—at machine speed and scale. Venafi puts this intelligence into action with automated remediation that reduces the security and availability risks connected with weak or compromised machine identities while safeguarding the flow of information to trusted machines and preventing communication with machines that are not trusted.
With over 30 patents, Venafi delivers innovative solutions for the world's most demanding, security-conscious Global 5000 organizations, including the top five U.S. health insurers; the top five U.S. airlines; four of the top five U.S., U.K., Australian and South African banks; and four of the top five U.S. retailers. For more information, visit: http://venafi.com.
SOURCE CyberSecurity Breakthrough