Partnership Is Focused on Cloud Enablement for Australian Businesses & Agencies Contending With Data Residency Concerns
NEW YORK, NY and SYDNEY, AUSTRALIA -- (Marketwired) -- May 28, 2013 -- Vaultive, a provider of persistent encryption gateways to retain ownership and control of cloud data, and Paradyne, a Microsoft Online Services Partner of the Year finalist for two years running and leading Cloud Accelerate partner, have announced a value-add, strategic partnership to enable Australian businesses and agencies to move with confidence to Microsoft Office 365. The partnership is aimed at tackling the critical concerns that risk-conscious customers wrestle with when looking to take advantage of Office 365 benefits including: successful cloud migration and implementation alongside ownership and control of cloud data.
Cloud-based services promise greater flexibility, operational improvements and cost efficiencies for enterprises. Microsoft Office 365 can deliver compelling value and secure enterprise email infrastructure more effectively than many organisations could achieve independently. The partnership is aimed at addressing the concerns that risk-conscious organisations face when looking to benefit from email as a service and other applications delivered as a cloud-based service, including meeting cloud data residency, privacy and unauthorized disclosure requirements. For Australian businesses and agencies, privacy, security, legal and regulatory compliance concerns are paramount since personal data falling under the scope of Australian privacy law will be stored in jurisdictions that do not mandate comparable protection.
The guidance issued both by Australian industry bodies and government regulatory authorities such as the Australian Prudential Regulating Authority (APRA) in response to growing adoption of cloud-based services lays out a unifying principle to approaching cloud migration: understand and mitigate against the totality of data management risks before making the move to the cloud. Vaultive's platform is designed to complement Microsoft's cloud service provider security safeguards through an additional layer of data control capabilities based on persistent encryption and retention of the encryption keys by the organisation held accountable for data protection.
"I have encountered numerous global companies that have wanted to use Office 365 or hosted Exchange but simply couldn't because of data sovereignty, privacy, security, legal and regulatory compliance concerns," said Loryan Strant, Microsoft Office 365 MVP and CTO at Paradyne. "The fact that Vaultive enables enterprises to maintain complete control over data in the cloud effectively mitigates those concerns, and further removes data sovereignty as a blocker to cloud adoption."
With Vaultive in place, businesses can maintain full control over their data regardless of where it is transmitted, stored and processed -- enabling risk-conscious organisations to take advantage of the security advances delivered by Microsoft for the Office 365 environment. This functionality set enables organisations to address their responsibility related to the custody of personal information as delineated under the Australian Privacy Principles in two key aspects:
- Encrypting all personal information before it traverses a trusted boundary;
- Retaining the encryption keys to data resident on a third-party service, organisations can point to system controls to demonstrate fulfillment of the protection requirement.
Paradyne and Vaultive have collaborated on an overview of the pertinent data residency and privacy regulations and requirements for cloud data ownership and control covered Australian entities, available for download at http://www.paradyne.com.au/vaultive-white-paper/.
"Our partnership with Paradyne is aimed at resolving the concerns that have held back many Australian businesses and agencies from taking advantage of the benefits of cloud-based services, and Microsoft Office 365 in particular," said Vaultive CEO Elad Yoran. "We look forward to working with the Paradyne team with our unique approach to dealing with Australia's pioneering cloud privacy regulations," he added.
Paradyne is an Information Technology (IT) consultancy specialising in Cloud technology and IT solutions, helping businesses of all sizes enhance their IT capabilities, whilst reducing operational and maintenance costs, using the most advanced Cloud-based technology. Working with both Telstra and Microsoft, Paradyne offers expert solutions for small to large business migration to Cloud technologies. Helping over 200 small to large businesses migrate to the Cloud already, our professional, experienced, award winning staff provide flexible, easy to manage, cost effective IT solutions customised to your business needs.
Visit Paradyne at www.paradyne.com.au
Vaultive is a provider of persistent encryption gateways to retain ownership and control of cloud data. Vaultive's encryption secures data at rest, data in transit and data in use in a format that can be searched, sorted and indexed -- while the organization's IT department retains control of the encryption keys. This addresses the principal business challenges of migrating data to the cloud including data security, regulatory compliance, unauthorized data disclosure and access, and international privacy/ data residency regulations. Optimized for Microsoft® Office 365, the Vaultive platform supports best practices for the control and ownership of corporate data in the cloud as outlined by the Cloud Security Alliance. Vaultive has raised more than $10 million from leading venture capital firms .406 Ventures, New Science Partners, Harmony Partners and Security Growth Partners. For more information, visit www.vaultive.com or follow us on Twitter at https://twitter.com/vaultive
For additional information, contact: Jordan Bouclin or Jill Colna SVM Public Relations 401-490-9700
Jordan Bouclin or Jill Colna SVM Public Relations