PRESS RELEASE: November 17, 2010
Voltage Security and PwC
Form Joint Business Relationship for Information Risk Management
Expanding Data Protection for Companies with Complex, Extended Payment Supply Chains
Palo Alto, CA., – November 17, 2010 –Voltage Security™, a global leader in enterprise data protection inside and outside the cloud, and PwC US, a leading professional services firm, today announced they have entered into a non-exclusive, joint business relationship designed to serve the data protection needs of companies with large, complex payment supply chains and large merchants with legacy infrastructure resources.
The two organizations will team together to provide information risk protection and overarching compliance management for these customers. As part of the relationship, PwC will provide systems integration services for Voltage data protection products such as Voltage SecureData with end-to-end encryption and tokenization. The relationship is effective immediately and will serve global opportunities with a focus on the U.S. and North America.
“By working together we can well serve the needs of healthcare, traditional enterprise and retail payment customers,” said Mark Bower, vice president of product management for Voltage Security. “This ensures that these customers will receive the best of both PwC and Voltage; PwC brings their deep experience in risk management and business process re-engineering and Voltage brings our rich security technology portfolio and expertise.”
“This relationship benefits any organization dealing with complex, extended, payment-centric businesses processes, both internal and external, where information protection is a priority matter,” said Mark Lobel, a PwC principal and leader of PwC's U.S. security and payments practice. “We look at this as an ideal way to expand our capabilities in support of emerging new technologies such as Voltage’s end-to-end encryption.”
More information about PwC's experience with security, risk and compliance can be found at www.pwc.com/security.
In addition PwC participated in a webcast with special guest John Kindervag from Forrester Research and Mark Bower, Voltage Security in discussing “Fact versus Myth – encryption and tokenization demystified” on November 10, 2010 at 10:00 am Pacific – click here to view the recording.
About the PwC Network
PwC firms provide industry-focused assurance, tax and advisory services to enhance value for their clients. More than 161,000 people in 154 countries in firms across the PwC network share their thinking, experience and solutions to develop fresh perspectives and practical advice. See www.pwc.com for more information.
© 2010 PwC. All rights reserved. "PwC" and "PwC US" refer to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate and independent legal entity.
About Voltage Security
Voltage Security, Inc., an enterprise security company, is an encryption innovator and global leader in enterprise data protection for data residing both inside and outside the cloud. Voltage solutions provide cloud-scale encryption and simplified key management for protecting sensitive information wherever it is stored and processed, on-premise or in private and public clouds. Voltage solutions are in use at almost 1,000 enterprise customers, including some of the world’s leading brand-name companies in payments, banking, retail, insurance, energy, healthcare and government.
Voltage solutions reduce the risks associated with theft of sensitive and private information, support privacy guidelines including PCI DSS, HITECH, U.S. Data Breach Disclosure laws and European Data Privacy directives, and uniquely provide security of data coupled with unmatched usability which results in significantly lowered total cost of ownership.
Harnessing award-winning cryptography and key management, including Voltage Identity-Based Encryption™ (IBE) and a breakthrough innovation in data usability, Format-Preserving Encryption™ (FPE), Voltage solutions have changed how enterprises protect their most valuable asset, their customer data. Offerings include Voltage SecureMail™, Voltage SecureData™, Voltage SecureFile™ and Voltage Cloud Services™ which provides cloud scale encryption and key management for businesses, partners and their customers. The Company has been issued several patents based upon breakthrough research in mathematics and cryptographic systems. To learn more about Voltage customers please visit voltage.com/customers.
Voltage Identity-Based Encryption, Voltage Format-Preserving Encryption, Voltage SecureMail, Voltage SecureFile, Voltage SecureData and the Voltage Cloud Services are registered trademarks of Voltage Security, Inc.