PALO ALTO, CA -- 07/07/08 --
Voltage Security, Inc. (
www.voltage.com), a
global leader in information encryption, today summarized the results from
the recent National Institute of Standards and Technology (NIST) sponsored
workshop:
Applications of
Pairing Based Cryptography: Identity Based Encryption and Beyond,
recognizing that significant progress has been made in the adoption of
Identity-Based Encryption
(IBE) as an alternative approach to securing sensitive information.
Voltage Security joined leading practitioners of Identity-Based Encryption,
including cryptographers, researchers, members of government organizations
such as N.S.A, U.S. Navy, and Social Security Administration, commercial
organizations as well as representatives from security solution providers.
Topics discussed included:
-- Recent research results on pairing-based cryptography and IBE.
-- Performance and implementation details of IBE systems.
-- New applications utilizing pairing-based cryptography and IBE.
-- Future of Identity-Based Encryption.
In addition, the topic of "Whether or Not IBE is Needed" was discussed by a
panel consisting of top security experts including Terence Spies, CTO of
Voltage Security, noted researcher Brent Waters, SRI International,
public-key expert Jon Callas, CTO of PGP Inc., and widely respected
computer scientist and Sun Fellow, Radia Perlman. There was extensive
discussion around the "intrinsic" value of IBE versus PKI.
The following core capabilities of IBE were identified:
-- Offline encryption improves scalability.
-- No pre-enrollment requirements support dynamic coalitions and ad hoc
messages.
-- Use of identity drives support for groups, organizational mailboxes
and protection of portal content.
-- Stateless key management reduces management overhead and facilitates
disaster recovery.
-- IBE's inherent key recovery simplifies implementation design and
execution.
The discussion pointed out that traditional PKI approaches, or approaches
that emulate PKI, cannot achieve these same capabilities without adding
design, code, and implementation complexity that often limits scalability
and increases overall maintenance costs.
"Research into Identity-Based Encryption and pairing-based cryptography
continues to uncover new applications. It is exciting to see the rapid
commercial adoption of IBE which leads to better and easier protection of
sensitive information. The benefits of IBE make it possible to advance
beyond current public-key approaches," said Dan Boneh, associate professor,
computer science and electrical engineering, Stanford University,
co-inventor, IBE and co-founder, Voltage Security.
Commercial success of IBE
Over 550 enterprises, a 6 million user community, and both product and
managed service based implementations were highlighted from vendors such
as: Canon, Code Green Networks, Microsoft, NTT Communications, Proofpoint,
Secure Computing, Sprint, Trend Micro, and Voltage Security.
The conference was keynoted by Dr. Matt Franklin, a professor of computer
science at University of California, Davis and co-inventor of
Identity-Based Encryption. Overall the conference was a success in
highlighting the rapid impact that IBE has had and the role it plays in the
future to augment and carry forward the mission that PKI originally
intended to fulfill.
About Voltage Security
Voltage Security, Inc., an enterprise security company, is the global
leader in information encryption. Voltage solutions, based on next
generation cryptography, provide encryption that just works for protecting
valuable, regulated and sensitive information persistently and based on
policy. Voltage delivers power, simplicity and the lowest total cost of
ownership in the industry through the use of award-winning Voltage
Identity-Based Encryption(TM) (IBE) and a new breakthrough innovation:
Format-Preserving Encryption (FPE). Voltage Security offerings include
Voltage SecureMail(TM), Voltage SecureData(TM) and the Voltage Security
Network(TM) (VSN), an on-demand managed service for the extended business
network.
Voltage Security is the number one OEM provider of email encryption
technology in the world with OEMs that include Microsoft, Proofpoint,
Secure Computing, Sendmail, Canon, Code Green Networks and NTT
Communications. Customers include Global 1000 companies in banking, retail,
insurance, energy, healthcare and government, such as American Board of
Family Medicine, Diebold, Integro Insurance Brokers, NTT Communications,
SafeAuto Insurance, Winterthur Life UK Ltd. and XL Global Services. For
more information please visit http://www.voltage.com.
Voltage Identity-Based Encryption, Voltage Format-Preserving Encryption,
Voltage SecureMail, Voltage SecureFile, Voltage SecureData and the Voltage
Security Network (VSN), are registered trademarks of Voltage Security, Inc.
All other trademarks are property of their respective owners.
Media Contact:
Paula Dunne
Contos Dunne Communications
+1 408-776-1400 (o)
+1 408-893-8750 (m)
paula@contosdunne.com
