Encryption Makes the World Go Around

By Santos Campa, Regional Business VP, Enterprise Sales LAC at Futurex

We live and do business in a hyper connected world. Cryptographic infrastructures are at the core of our transactions, payments, and information exchange – to secure, validate, and protect identities, money, and sensitive data. High availability (HA) and scalability are essential for these infrastructures to provide always-available security. System failures are not an option.

When it comes to mission-critical cryptographic security needs, we have been a trusted provider of hardened, enterprise-class data security solutions for more than 40 years. At Futurex, we work hand-in-hand with the largest enterprises and financial services organizations worldwide.

Encryption makes the world go around. Every phone call, email, credit card transaction and browser-based application depends on encryption to ensure the confidentiality, integrity and authenticity of information. In any business or organization — government agencies or private corporations — encryption is what stands between sensitive information and those who try to steal it.

The vital role of encryption requires that cryptographic infrastructures be built on a high availability architecture. HA architectures prevent downtime due to failures of any kind, such as hardware or software failures or damaging environmental conditions such as power outages, flooding, or extreme storms – and especially with the increase of cyber threats.

As we have seen this year with the COVID-19 pandemic, resulting in remote workforces and a spike in online transactions, organizations depend on their IT ecosystems to always be available and capable of handling a high volume of traffic.

True HA architectures account for all these types of scenarios. Even system updates and maintenance can be accomplished without taking core systems offline. This is where the need for scalability comes into play. The ability to scale infrastructure and systems to match growth rates, increased workloads, market demands, and spikes is critical.

To meet regulatory requirements and provide the highest level of security for encryption keys, the vast majority of cryptographic infrastructures are built around a FIPS 140-2 Level 3- validated hardware security module (HSM). Our strategic alliance with CEGA Security will bring HSM solutions closer to the Latin American market of Suppliers of Trust Services for data encryption, digital identity validation, encryption for financial and general-purpose entities, that comply with FIPS 140-2 level 3 and PCI HSM certifications.

The average cost for an hour of IT downtime ranges from US $200,000 to upward of US $5 million, depending on the type of enterprise, according to research from Statistica. In addition to the cost of IT downtime, think about your organization’s reputation, increased application performance, reduced customer impact and reduced risk of data loss. With all this considered, high availability is a winning choice for most enterprises.

When building or upgrading enterprise cryptographic infrastructure in particular, organizations must prioritize scalable and high availability architectures and systems as a critical requirement for growing business environments. We talk about future-proofing everything: our security, our systems, our infrastructure, our investment, our scalability.

In a joint announcement made on July 21, together with CEGA Security, we will provide the most agile, versatile, and robust security solutions our customers require, leveraging CEGA Security’s vast experience combined with the best hardware enterprise security platforms. Cryptographic architectures and enterprise security are top priorities for businesses and with partners like CEGA Security, we will ensure we will always be the best option for our customers, not only as a security platform, but as a technological partner and consultant.

kellys@mckenzieworldwide.com
+1360-687-1332

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Santos Campa