Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Comforte AG intensifies cloud security efforts through strategic partnerships

EditorHari G
Published 10/04/2023, 03:37 AM
© Reuters.

Comforte AG, a leading provider of enterprise data security solutions, has enhanced its focus on cloud computing through significant collaborations with Oracle (NYSE:ORCL) Cloud, Google (NASDAQ:GOOGL) Cloud, and Amazon (NASDAQ:AMZN) Web Services (AWS). The move comes as a response to the growing trend of businesses transitioning to cloud IT platforms and the subsequent demand for robust data security.

The company offers a data-centric cybersecurity solution that employs a patented encryption algorithm for format-preserving encryption of sensitive personal and payment information. This approach ensures compliance while reducing the risk of compliance breaches. The solution also includes data recognition and classification functions, securing data sovereignty.

On Wednesday, comforte unveiled its advanced cybersecurity solution for cloud computing, which will be integrated with Oracle Cloud, Google Cloud, and AWS. This comes at a time when 60% of all corporate data globally is stored on the cloud. The encryption solution not only secures transaction data processing and customer data protection but also supports data analysis.

The patented encryption algorithm renders sensitive data unreadable to unauthorized entities, thereby mitigating risks associated with data theft, blackmail, and illicit handling of stolen data. By integrating seamlessly with existing systems of Oracle Cloud, Google Cloud, and AWS users, this solution can be applied across all industries. It provides comprehensive support for compliance, significantly reducing the risk of economic damage.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.