Introduce nCipher. When was the company started? How did it evolve?
My brother Alex and myself founded nCipher in 1996 to exploit the need for secure e-commerce transactions on the Internet. Since that time, nCipher has grown to be the leading provider of hardware-based encryption products. We are redefining cryptographic security to protect points of risk across the enterprise-from network appliances to Web servers, and custom software applications to back-end databases. nCipher provides hardware and software solutions that enable organizations to implement best practice security by addressing the challenges of cryptographic key management and performance.
What do you see as nCipher's advantages in the security market?
nCipher has always been a step ahead of the market in terms of how cryptography should be used. For years we have been stressing the importance of managing and protecting keys, and it seems the market has finally started to catch up. Companies like Cisco, Intel and F5 are all putting cryptography directly on their chips. XML appliance vendors have to use cryptographic keys in all aspects of their security. All of these technologies need key management. Without it, encryption becomes a target and creates a new point of risk. Would you put a key to your house under your doormat and feel safe at night? Probably not. Cryptographic keys are no different; they need to be protected and monitored in order to block access to what is being secured.
We offer a very unique advantage in that our products are designed to not only protect information, but also to allow customers to fundamentally change the security processes that they have in place. One of the biggest security problems facing companies is not the lack of security equipment, but rather incredibly insecure day-to-day operations. Protecting keys in hardware and allowing for a much easier management process goes a long way towards fixing those problems.
nCipher's products will continue to focus on improving the management and protection of keys, and will continue to also include the acceleration capabilities that our customer base needs as they implement processing-hungry cryptographic applications.
Security issues are the number one problem to the adoption of XML Web services. What does nCipher offer to ensure the security of XML Web services?
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