PerspecSys and Ping Identity to Deliver Best-in-class Cloud Data Security & Control

MCLEAN, Va. --(Business Wire)--

PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today announced it has partnered with Ping Identity, The Identity Security Company™, to make it easier and more secure for enterprises to take advantage of the cloud.

PerspecSys and Ping Identity are working together to introduce new and existing customers to the benefits of "Cloud Control" - the ability to manage not only user access to cloud applications but also information access in the face of increasing security risks, compliance and regulatory demands. By combining Ping Identity's single sign-on (SSO) technology with PerspecSys' cloud data protection platform, the companies are delivering a "one-two punch" that creates tighter, more reliable cloud security via control.

"One of the biggest barriers to enterprise cloud adoption is addressing how to protect sensitive data as it is stored in the cloud," said Patrick Harding, CTO of Ping Identity. "Ping Identity and PerspecSys are removing that obstacle by creating a more holistic approach to cloud data security. Integrating our cloud identity and access management solutions with PerspecSys' data protection gateway gives enterprise security teams the ability to deliver the cloud data protection they need coupled with the end-user experience their stakeholders demand."

Ping Identity's enterprise identity security solutions span the cloud and the data center to meet enterprise requirements for secure workforce and customer single sign-on to cloud or internal applications, from any device. PerspecSys' Cloud Data Protection Gateway complements identity access security by ensuring a corporation's data remains on-site (within their firewall) and under their full control by intercepting sensitive information and replacing it with a random token or encrypted value before it leaves and enters he cloud. The gateway renders the data meaningless outside the corporation but allows full functionality of cloud applications to be retained, helping ensure PerspecSys' clients enjoy full use of the cloud while staying secure and in compliance with data protection regulations at all times. Together, these capabilities give organizations total control over their data and are part of a fast-growing set of security services that Gartner (News - Alert) highlighted in a new category called Cloud Access Security Brokers, and in which they cited interoperability between technologies as essential to enterprise adoption.

"To fully address enterprise cloud security needs, PerspecSys recognized long ago that an integrated, standards-based platform approach was best," said David Canellos, CEO of PerspecSys. "Organizations wrestling with data protection don't need or want the added complexity brought about by trying to integrate multiple solutions with multiple requirements. And our friends at Ping Identity agree. We made sure our solutions worked seamlessly together so enterprise customers could have a clear migration path from data access control to data management control, and vice-versa. Unlike competitive offerings, our architecture enables interoperability with the other core security layers that our enterprise customers are demanding."

PerspecSys and Ping Identity's joint solution is currently available and has been deployed in Fortune 500 companies - including some of the world's largest manufacturing and financial institutions. In addition to supporting complementary security solutions such as Ping Identity's, the PerspecSys gateway enables organizations to deploy powerful encryption modules from companies like Voltage Security and SafeNet (News - Alert) via its unique "pluggable" encryption architecture.

"Like Gartner, we believe interoperability is essential to developing a scalable security ecosystem, which in turn is necessary for delivering maximum value to enterprise customers looking to take advantage of cutting-edge technology," added Canellos. "Compatibility between PerspecSys' Gateway (News - Alert) and Ping Identity's single sign-on (SSO) solutions is another step in meeting that need and achieving our goal of eliminating the security, compliance and usability barriers that prevent enterprises from moving to the cloud."

About PerspecSys' Cloud Data Protection Gateway

The PerspecSys solution gives organizations important data privacy, residency and security capabilities when using cloud based applications. Sensitive information is secured through the use of tokenization or encryption, ensuring the data remains undecipherable when it is processed or stored in the cloud. With PerspecSys, organizations can be confident that their data is protected while their users enjoy the functionality of their cloud applications. The PerspecSys solution is designed to support many popular cloud applications at the same time, such as Oracle CRM On Demand, Salesforce, Chatter and Force.com, via "adapters" that enable interoperability between the application and the PerspecSys solution. PerspecSys currently delivers these capabilities to businesses in internationally regulated industries like financial services, healthcare, manufacturing, life sciences, retail and the public sector.

About PerspecSys

PerspecSys Inc. is a provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted throughout the enterprise. PerspecSys removes the technical, legal and financial risks of placing sensitive company data in the cloud. The company accomplishes this for many large, heavily regulated companies across the world by never allowing sensitive data to leave a customer's network, while maintaining the functionality of cloud applications. Based in Toronto, PerspecSys Inc. is a privately held company backed by leading investors including Intel (News - Alert) Capital and GrowthWorks. For more information on PerspecSys, please visit www.perspecsys.com or follow on Twitter (News - Alert) @perspecsys.

About Ping Identity | The Identity Security Company

Ping Identity believes secure professional and personal identities underlie human progress in a connected world. Our identity and access management platform gives enterprise customers and employees one-click access to any application from any device. Over 900 companies, including 45 of the Fortune 100, rely on our award-winning products to make the digital world a better experience for hundreds of millions of people. Visit pingidentity.com for more information.