MCLEAN, Va.--(BUSINESS WIRE)--Perspecsys, the leader in enterprise cloud data protection solutions, today announced the company has been honored with the prestigious “Stratus Award” from the Business Intelligence Group. The company was named the winner in the “Cloud Security Service” category for its AppProtex Cloud Data Protection Platform — a software solution that offers customers best-in-class cloud data security and control through the use of encryption and tokenization.
The Stratus Awards competition recognizes those companies innovating in the cloud and providing unique offerings that are truly differentiated in the market. Driven by a panel of industry experts, the awards select those companies that are best helping to drive adoption of business cloud technologies.
“We are honored that the industry experts at Business Intelligence Group have awarded us with the 2015 Stratus Award for Cloud Security Service of the Year,” said David Canellos, CEO of Perspecsys. “Our solution is successfully addressing the data compliance, privacy and security concerns that inhibit many enterprises from adopting the cloud and enjoying its business benefits. Winning this award is an additional validation of the work we are doing and is a great acknowledgement to our entire team.”
With the AppProtex Cloud Data Protection Platform, sensitive data, such as Protected Health Information (PHI) or Personally Identifiable Information (PII), is replaced with a token or an encrypted value while still inside the enterprise’s firewall, prior to going to a cloud environment for processing and storage. Because the clear-text data never leaves the organization, and is protected in-transit, at-rest and in-use within the cloud, issues associated with data privacy, security and compliance are addressed. In addition to securing the data, the AppProtex Platform ensures that the users of cloud applications can still use the application’s features – like searching, sorting and reporting – even on data that has been strongly encrypted or tokenized.
“We are so proud that our judges awarded Perspecsys with a 2015 Stratus Award,” said Russ Fordyce, managing director of the Business Intelligence Group. “It is clear that their performance and innovation has accelerated the adoption of the cloud. Congratulations to the entire team.”
About Cloud Data Protection Provider, Perspecsys
Perspecsys’ Cloud Data Protection platform solves key data compliance, privacy and security concerns for enterprises adopting cloud-based applications. The solution puts enterprises in complete control of their cloud data at all times, allowing them to simply address the leading data compliance and security challenges impacting enterprise cloud adoption. By removing the security issues and operational risks associated with placing sensitive data in the cloud, Perspecsys makes the public cloud private. Perspecsys Inc. is a privately held company backed by investors, including Intel Capital, Paladin Capital and Ascent Venture Partners. For more information please visit www.Perspecsys.com and follow us on Twitter @Perspecsys.