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Ciphercloud Solutions Overview hsa oct2011

Presentation of the CipherCloud at the October 2011 Healthcare Security Alliance Meeting

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Ciphercloud Solutions Overview hsa oct2011

  1. 1. Pravin Kothari Founder & CEOCo-founder ArcSight (acquired by HP) Founder, Agiliance (IT-GRC) Co-founder (B2B) October 2011
  2. 2. Cloud Adoption & InnovationExpanding from Mid-market to Enterprise Public Cloud Services $176B in 2015 (Gartner) 26% Growth in 2010 2
  3. 3. Cloud Computing – What’s the risk.. Escalating Security BreachesDropbox confirms security glitch— RSA Breach RSA had a huge breach this week. Attackers stoleno password required information for 40 million two-factor authenticationWeb-based storage firm Dropbox confirmed this accounts. And the ones affected most may beafternoon that a security breach allowed any countless enterprise and cloud-based servicespassword to be used to access any user account. in the public and private sectorTwitter breach revives cloud security fearsThe breach of a hosted Google Apps applicationused by Twitter employees has heightenedconcerns over the security of cloud computing
  4. 4. Cloud Computing in EnterpriseTug of War Between Business Users & Security Business Execs Desire Security/Compliance Execs More Cloud Services Have Cloud Concerns Lack of Control Agility & Flexibility & Visibility Data Privacy, Reduce cost Data Residency Minimal Administration Regulatory Compliance Best-of-breed apps, Emerging Cloud Threats Mobility & Social Media 4
  5. 5. Survey Public cloud services in your enterprise? 1. In use enterprise wide 2. In use in a few projects / departments 3. Expected in 6mos 4. Sometime in future Private or Public cloud in your enterprise? 1. Private 2. Hybrid 3. Public Cloud services in your enterprise? 1. Email and office collaboration e.g. Google Apps, Microsoft 2. Storage & backup, Dropbox 3. SaaS e.g. 4. IaaS e.g. Amazon 5. PaaS e.g., Amazon S3/SimpleDB…, Google App Engine CipherCloud Confidential 5
  6. 6. CipherCloud Encryption GatewayEncrypt Sensitive Data On-the-fly Before it Leaves Your Network Unified Policies Across All Clouds  In-line Gateway  Encryption & Tokenization  Format-&-Function preserved  Customer retains Keys  No impact on usability CipherCloud Confidential 6
  8. 8. Sample Customer Use Cases Organization Pain-points Addressed DriversNew Democratic Party ofCanada 24M Canadian voters identities going to the US cloud RMulti-national Investment Highly sensitive M&A information going to cloud – most concernedBank about insider threat at cloud provider P, SInsurance Company Requires all customer PHI data to be stored encrypted in the cloud P, C Customers uploaded tax & income documents need to be scannedMortgage Bank for malware and encrypted P, SHealth Insurance - Public Physicians needed a new effective collaborative tool, to improveSector communications while also reducing data breaches (HIPAA, FISMA) P, CF100 Technology PCI required encryption of credit card and other PII data CPersonal care productManufacturer, Germany Their retailer-resellers required compliance over uploaded data R, C R: Data Residency P: Data Privacy C: Compliance S: Security CipherCloud Confidential 8
  9. 9. Open & Extensible Platform to build EcosystemRapid Development of 3rd-Party Cloud/App Plug-ins Private Cloud Ownership Out-of-the-box Open CipherCloud Cloud Plug-in Gateway Integration Framework CipherCloud Confidential 9
  10. 10. CipherCloud Technology SummaryPatent-pending Technology Comprehensive data protection for all clouds  Encryption, Tokenization, Key ownership  Malware Detection & Cloud-Audit (Q4’11) Wire speed, Zero latency Strong security, 3rd-party tested Mobile support Fast deployment “We are impressed by CipherClouds robust technology, security and performance.” - Canadian New Democratic Party CipherCloud Confidential 10
  11. 11. Customer BenefitsComprehensive Cloud Data Protection Protect against emerging cloud threats Eliminate data privacy and security concerns Satisfy compliance and data-residency requirements Avoid risk of privacy breaches (e.g. Sony, Epsilon, RSA)  Data Breach cost estimated at $214 per customer record*  e.g. Over $2M for 10K records Accelerate cloud adoption  Significant cost savings migrating on-premise apps to cloud *The Ponemon Institute “Without CipherCloud, we won’t be able to use cloud.” Customer interview in 11
  12. 12. Proven Management TeamPravin Kothari, CISSP, CISA Varun Badhwar, CISSP, CISAFounder & CEO VP Product Marketing & AlliancesCo-founder ArcSight (IPO, $1.6B exit) Global ISV Security Salesforce.comFounder, Agiliance (IT-GRC Leader) Risk Advisory KPMGCo-founder (B2B)Chakra Yadavalli, CISA Michael KochanikVP Engineering, Chief Architect VP Worldwide SalesHead of IDC Agiliance (IT-GRC) VP Sales & GM CollabNetChief Architect, Phulaxis (ERP SoD) Director Geodesic Systems; IKOS Systems Sun-Microsoft - Dev Ghoshal Fifth Third Bank ex-CISO Bob West Expert KPMG Partner- Shahed Latif Kaiser Director Risk –Ramy HoussainiAdvisory AIG CISO– Paul de Graaff Qualys Founder – Gilles Samoun Board Prudential ex-CISO- Ken Tymisnki Marriott ex-VP, Info Protection -Chris ZoladzInvestors 12
  13. 13. Honors and Awards Gartner Cool Vendor in Cloud Security Services 2011 Most Innovative Company Finalist, RSA Conference 2011 Best in Security , Under The Radar 2011 Judge & Audience Choice Winner Best in Software & Cloud , TiEcon 2011 Innovation Expo Winner 2011 SINET 16 Innovators (Oct 25, 2011, DC) Best Startup in America West, Global Security Challenge (Oct 27, 2011 London) 13