With more than 80% of businesses experiencing a cybersecurity incident this past year, sensitive financial and customer information is at great risk, according to the latest report from Forrester Consulting. Companies with high security requirements, especially those in financial services, retail, and Internet of Things (IoT) device manufacturing, are turning to VirtuCrypt for their cryptographic security needs in the cloud.
The migration to the cloud continues at a rapid pace across enterprises in all industries. According to Gartner, more than one third of large organizations consider cloud solutions as one of their top three priorities. Eighty three percent of enterprise workloads will be in the cloud by 2020, according to a recent LogicMonitor cloud study.
VirtuCrypt, a Futurex company, was named Enterprise Encryption Solution of the Year for 2019 by CyberSecurity Breakthrough for its cloud-based hardened enterprise security platform. This year’s program attracted more than 3,500 nominations from around the world. This is the second award from CyberSecurity Breakthrough, who named Futurex the Overall Encryption Solution Provider of the Year in 2018.
“We are honored to be recognized for our enterprise encryption cloud hardware security modules (HSM) and key management solutions,” said Ryan Smith, vice president of global business development at Futurex. “It’s a great testament to our company’s commitment to building best-in-class cryptographic infrastructures and solutions for top-tier organizations.”
For more information about the VirtuCrypt cloud-based hardened enterprise security platform, please visit https://www.virtucrypt.com.
Read the complete press release here: https://www.futurex.com/news/virtucrypt-named-overall-encryption-solution-provider-of-the-year