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May 28, 2015 5:31 AM ET

Internet Software and Services

Company Overview of CipherCloud, Inc.

Company Overview

CipherCloud, Inc. provides cloud information protection solutions. The company enables organizations to securely adopt cloud applications by overcoming data privacy, residency, security, and regulatory compliance risks; and provides an open platform with comprehensive security controls, including encryption, tokenization, cloud data loss prevention, cloud malware detection, and activity monitoring. It offers CipherCloud for Cloud Discovery that enables users to discover cloud usage and risk levels; CipherCloud for Salesforce, which enables salesforce by extending data privacy compliance controls to the cloud; and CipherCloud for Salesforce Chatter that enables business collaboration while pr...

333 West San Carlos Street

Suite 1100

San Jose, CA 95110

United States

Founded in 2010

Phone:

855-524-7437

Key Executives for CipherCloud, Inc.

Founder, Chairman and Chief Executive Officer
Vice President of Finance
Chief Trust Officer
Senior Vice President of Strategy, Global Alliances & Customer Success
Chief Product Officer
Compensation as of Fiscal Year 2014.

CipherCloud, Inc. Key Developments

CipherCloud Announces Cloud Discovery Enterprise Edition

CipherCloud announced Cloud Discovery Enterprise Edition to deliver comprehensive visibility, risk scoring, and actionable intelligence across all clouds applications in the corporate ecosystem. The offering, an integral part of the CipherCloud platform, enables companies to gain visibility into their cloud usage, protect their sensitive data, enforce security policies and monitor user activities. Cloud Discovery Enterprise Edition enables organizations to protect their information assets and reduce risks through, data breach avoidance, identify risky cloud applications that are potential sources of a breach, find the users and groups that use risky applications, and block high risk applications and effectively manage low risk applications. Cloud application consolidation: move to sanctioned cloud applications while preserving user productivity, and reduce subscription fees and other costs from duplicate or unused accounts. Enablement of agility, flexibility and governance: tame shadow IT through advanced risk intelligence and cloud application analytics, and manage risk through increased visibility, reporting and compliance. Cloud Discovery Enterprise Edition is available for cloud based or on premises deployment.

CipherCloud to Rapidly Evolve its Multi-Cloud Security Platform to Provide Enterprises Centralized Control Across All of Cloud Applications

CipherCloud continues to rapidly evolve its multi-cloud security platform to provide enterprises centralized control across all of their cloud applications. This next generation platform delivers unified management and control that enables full cloud visibility and monitoring, real time threat prevention, the high level of data security and ongoing privacy and compliance. The CipherCloud platform capabilities reflect the market demands that 150 global 2,000 companies cite as their top cloud security requirements. The market research was based on surveying large enterprises across the globe and included companies in financial services, healthcare, telecommunications, retail, and other industries. 89% of enterprises reported that they needed protection across multiple clouds, the 2015 Key Requirements for Cloud Security Report highlights that cloud security is now a platform proposition. At the technology level, enterprises are identifying data protection, visibility and monitoring, data loss prevention and access logging and auditing as vital functions of an enterprise cloud security platform. Based on detailed market research the findings provide a deeper understanding of how large enterprises view their cloud usage and risk management needs. 65% of the responses come from North American organizations, 23% from European companies and 12% from Asia Pacific and Latin American firms. Key findings include: Salesforce and Microsoft Office 365 lead top adopted business SaaS applications at enterprises. Certain SaaS applications are well-entrenched in enterprise. 67% of the enterprises have either adopted or are in the process of adopting Salesforce.com, 62% have either adopted or are in the process of adopting Microsoft Office 365. Box, ServiceNow, Workday and SuccessFactors follow Salesforce and Microsoft. Enterprises want a multi-cloud security platform, not proprietary or cloud-specific cloud security solutions. 89% of companies required security controls to extend across multiple cloud services. Other top requirements for a cloud access security broker, coined by Gartner, include granular data protection and visibility into cloud operations. Enterprises want a platform that they can control, supports multiple clouds and offers data protection and visibility. Responses also indicate that cloud digital rights management is an emerging requirement for CASB, primarily driven by healthcare and financial services firms. Data governance and data protection remain the top challenges for SaaS adoption at enterprises. 78% want better data governance and visibility with cloud applications. 63% want better tools to enforce data protection in a cloud environment. These are evidence that, despite the maturing of cloud technologies, enterprises in general still struggle with governance and protection for cloud deployments. Enterprises increasingly demand cloud data loss prevention and user activity monitoring. 70% of enterprises engaged in the discussion of cloud discovery and monitoring want cloud DLP and 56% requested user activity monitoring as part of the discovery/monitoring solution. More specifically, enterprises want real-time, context-based DLP in conjunction with user activity monitoring for cloud access. Majority of enterprises want hybrid deployment for cloud discovery monitoring functions. 63% of enterprises prefer a hybrid architecture. 82% request log analysis to be performed on premises.

CipherCloud Opens Office in the Netherlands

CipherCloud announced that it is opening an office in the Netherlands. The Amsterdam office will house sales, channel and professional services teams.

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