Gemalto, a Dutch company that provides digital security services and technologies, has launched a security-as-a-service (SECaaS) solution to help managed service providers (MSPs) and enterprises protect data in any location, at any time.
The solution, SafeNet Data Protection On Demand, delivers a data SECaaS platform that integrates with existing IT systems, DevOps tools and cloud services to protect data wherever it is created, accessed or stored, Gemalto said in a prepared statement. In addition, the solution requires no hardware or software, Gemalto stated, and features pay-as-you-go pricing to help organizations quickly secure sensitive information in any environment, on demand.
Ultimately, SafeNet Data Protection On Demand helps organizations simplify their data security operations, said Sebastien Cano, Gemalto's executive vice president for enterprise and cybersecurity. It reduces the cost of ownership and deployment times associated with traditional data security solutions, Cano noted, and eliminates the need to manage multiple solutions.
What Does SafeNet Data Protection On Demand Mean for MSPs?
SafeNet Data Protection On Demand empowers MSPs to deliver enterprise-grade data protection to companies of all of sizes, according to Gemalto. It enables MSPs to provide an SECaaS solution that organizations can integrate across all of their IT systems, Gemalto said, and use to scale their security operations to protect critical data at all times.
Also, Gemalto has introduced the SafeNet Data Protection On Demand Marketplace, which includes the following security services:
- Encryption on Demand: Ensures sensitive data is protected, regardless of where it resides.
- Hardware Security Module on Demand: Offers protection for applications, identities and transactions.
- Key Broker on Demand: Enables organizations to use encryption keys to manage enterprise-controlled security and security associated with software-as-a-service (SaaS) and cloud service vendors.
- Key Management on Demand: Allows organizations to manage encryption keys throughout their full lifecycle and acts as a key broker for organizations that want to extend their security policies into multi-cloud environments through bring-your-own-key (BYOK).
SECaaS Market Demand, Growth Forecast
SafeNet Data Protection On Demand may help MSPs capitalize on the rising demand for SECaaS solutions.
The global SECaaS is projected to expand at a 22 percent compound annual growth rate (CAGR) between 2015 and 2020, competitive analysis firm RnR Market Research said in a prepared statement. Furthermore, this sector could be worth $8.5 billion by 2020.
Gemalto today offers services and technologies that enable businesses and governments to authenticate identities and protect data. The company recorded over $3.7 billion in revenues in 2016 and boasts customers in more than 180 countries.