Innovation Award is validation of strategy

New Delhi, 5 July 2012 - Frost & Sullivan have honoured SafeNet, Inc., a leading global data protection company, with its New Product Innovation Award, Europe, for Cloud-based Authentication Services. Announcing this a company press release said, SafeNet received the accolade for the development of Blackshield Cloud, which delivers an innovative, flexible, and cost-effective cloud architecture with both an on-premise and authentication-as-a-service solution.

“With the rise of online crime, identity theft, and system attacks, enterprises are under increased pressure to implement robust security protocols, while ensuring the solution deployed is scalable and can grow with business needs,” said Charanya Balasubramanian, Senior Analyst at Frost & Sullivan. “SafeNet offers extensive flexibility to customers by supporting a vast token range and delivering a comprehensive self-service portal that reduces management costs. In addition, ease of deployment and compliance to several industry regulations makes it a preferred choice for global customers across industries. The breadth and delivery of SafeNet’s authentication portfolio helps customers meet the demands induced by increasing mobility and localization. By accommodating emerging trends in security, we expect SafeNet to gain a strong foothold in the Cloud-based Authentication Service segment.”

“Frost & Sullivan’s recognition of SafeNet’s innovation in cloud-based authentication service is further validation of our strategy,” said Jason Hart, Vice President of Cloud Solutions at SafeNet. “The emergence of authentication as a service has created an opportunity for us to help our customers easily and securely migrate their data from the enterprise to both private and public clouds in a cost-effective manner. Importantly, the breadth of our market-leading authentication solutions and the scalability of our Blackshield platform will enable our customers to stay ahead of the rapidly changing security landscape, as well as meet the increasing demands of emerging security regulations.”