CipherCloud Announces Cloud Discovery Solution, Latest Addition to Fast Growing Portfolio

-- New free solution delivers visibility and risk scoring for enterprise cloud application usage

LONDON, April 30, 2014 /PRNewswire/ -- CipherCloud, the leader in cloud information protection, has expanded its Discover, Protect, Monitor platform with CipherCloud for Cloud Discovery. This free solution enables enterprises to have real-time and granular visibility into all the cloud applications in use across their organization by employees. Rather than waiting for traditional IT services, many employees have adopted a wide range of cloud applications. Yet, this adoption of cloud applications introduces significant risks for enterprises when there is no assurance that they are legitimate, well managed, and follow security best practices.

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Now, CIOs, CSOs and their IT teams can discover, analyze and risk score thousands of cloud applications across a wide range of enterprise categories, such as CRM, finance, HR, IT management, file sharing, collaboration, productivity and more. The Cloud Discovery solution makes it easy to analyze network logs to provide streamlined visibility into all cloud applications in use across an organization along with comprehensive risk ratings. Adding these discovery capabilities to CipherCloud's cloud security controls delivers a powerful combination for protecting organizations from risks in the cloud.

The solution delivers visibility into the most utilized and high risk cloud applications based on user access and volume through an intuitive drill-down dashboard. Customers can identify the top cloud applications being accessed and the risk level of cloud applications based on a range of security metrics, as well as decide to take action where necessary.

"Raising the bar for cloud information protection today requires security to be in lock step with visibility," said Pravin Kothari, founder and CEO of CipherCloud. "Insight into cloud applications usage helps companies create intelligent data protection and user monitoring strategies. We are pleased to offer this capability free to the market."

The Cloud Discovery offering enables customers to retain full control over their sensitive audit logs versus alternative solutions which require sensitive logs to be sent outside the enterprise for analysis. The solution also provides the ability for IT administrators to output data in a range of formats through the use of Splunk – a popular and widely deployed enterprise technology. Cloud Discovery supports an open, standards-based approach for assessing cloud application risk based on expert security analysis and third-party certifications.

CipherCloud also provides the unique ability to enhance the risk knowledge base by leveraging crowd-sourced input from customers. The CipherCloud CloudSource™ knowledge base is continuously expanded and enhanced by customer input on emerging cloud applications and localized risk analysis.

Availability

CipherCloud for Cloud Discovery will be offered  for free to enterprise customers. For more information, please register at: www.ciphercloud.com.

CipherCloud for Cloud Discovery is a key addition to the CipherCloud portfolio. It represents the latest deliverable to our strategy of providing a holistic set of cloud visibility, security and monitoring controls to enable organizations to adopt the cloud while protecting their sensitive data and complying with government regulations and industry mandates, including GLBA, PCI, HIPAA and HITECH, the EU Data Protection Act, UK ICO guidance, the Australian Privacy Amendment Act and US privacy laws.

About CipherCloud

CipherCloud, the leader in cloud information protection, enables organizations to accelerate their adoption of cloud applications while ensuring visibility and control of their data. CipherCloud delivers data privacy, regulatory compliance, and data residency in the Cloud through an open platform that provides comprehensive cloud application and data discovery, protection – strong encryption, tokenization, data loss prevention, key management and malware detection – and activity and anomaly monitoring services.

CipherCloud has experienced exceptional growth and success with over 2.6 million business users, across 25 countries, and in more than 11 industries.

The CipherCloud product portfolio protects popular cloud applications out-of-the-box such as Salesforce, Box, and Microsoft Office 365.

CipherCloud, named as SC Magazine's 2013 Best Product of the Year, is backed by premier venture capital firms Andreessen Horowitz, Index Ventures, and T-Venture, the venture capital arm of Deutsche Telekom. For more information, visit www.ciphercloud.com and follow us on Twitter @ciphercloud.

CipherCloud Contact:
Lise Feng
Director of Corporate Communications
408-520-4937
lfeng@ciphercloud.com