SALT LAKE CITY--(BUSINESS WIRE)--Venafi®, the inventor and leading provider of machine identity management, today unveiled the Venafi Control Plane for Machine Identities. The Venafi Control Plane unifies machine identity management across all identity types: in data centers, cloud, hybrid environments and at the edge. The Venafi Control Plane enables customers to accelerate digital transformation, increase development speed, reduce security risk and eliminate business disruptions.
“Venafi partners with the largest, most complex organizations in the world, and our solutions secure the vast majority of the digital infrastructure that runs our modern world,” said Jeff Hudson, CEO of Venafi. “These partnerships have given us a deep understanding of the complexity created by digital transformation and the shift to hybrid and cloud native architectures. Today, a typical global organization has hundreds of thousands of machines – which include applications, APIs, containers and microservices, in addition to physical devices -- spread across a wide variety of environments. Each one of these machines requires an identity. At Venafi, we know how costly and slow it is to build identity-based, zero trust architectures in these complicated, rapidly changing environments. The Venafi Control Plane for Machine Identities is unmatched in reducing complexity and increasing the speed of development, while at the same time increasing security for machine identities which are the foundation of trust in our modern world.”
There are two actors on every network: people and machines. People rely on usernames, passwords and two-factor authentication to gain access to data and services. Machines also need identities for the same reasons. Rapid adoption of cloud infrastructures requires a greater number and variety of machine identities, many of which change rapidly because they are ephemeral. For example, some cloud native environments require huge volumes of certificates (one of many different types of machine identities) with near zero latency. Organizations spend millions of dollars managing human identities but are just realizing the criticality of security and protecting machine identities.
The Venafi Control Plane is the only control plane for machine identity management designed to deliver observability, consistency, reliability and freedom of choice across clouds, hybrid environments, data centers and the edge.
The Venafi Control Plane delivers core capabilities directly and distributes or delegates them within reusable patterns and policy controls. Together these capabilities support cradle-to-grave machine identity lifecycle orchestration, authentication, authorization and governance providing customers with immediate value, including:
- Elimination of outages on customer-facing infrastructure, which saves an average $9.3 million of revenue per hour for financial services firms
- Dramatic reduction in the risk of data breaches that cost, on average, $5.97 million per breach
- Improvement of machine identity management efficiency, increasing productivity by as much as 98%
To ensure these capabilities are available in even the most demanding edge and cloud native environments, Venafi is also announcing early access to a new Venafi Control Plane service: Fast Issuance. Fast Issuance is an ultra low-latency service for issuing machine identities at speed with zero dependencies. The Fast Issuance service enables local issuance for entities or services that require machine identities to be delivered at scale with near-to-zero latency. Fast Issuance can be used in any environment: cloud native, data center, hybrid or edge.
Venafi has also published the Modern Machine Identity Management Reference Architecture. The Reference Architecture incorporates zero trust best practices for architecting machine identity management in data center, cloud and edge architectures. The reference architecture is based on extensive experience partnering with global organizations designing complex hybrid and cloud native production environments.
“As companies come to grips with the increasing number of workloads they are running in the cloud, they realize that inefficiencies are slowing down teams and creating new security risks that are just waiting to be exploited,” said Kevin Bocek, Vice President of Threat Intelligence and Security Strategy at Venafi. “Success in the cloud is now a function of design and architecture, especially when board members want specific information about zero trust strategies. Without the right architecture, the headaches, costs and incidents connected with the cloud are sure to grow. The Control Plane for Machine Identity Management is the first and only solution that gives platform and security teams the power to collaborate on repeatable design patterns and blueprints. From cloud native to mainframe, the Venafi Control Plane provides measurable consistency, observability and reliability. This new approach makes it possible for developers to build using the tools, clouds and languages they love, while security and platform teams have confidence and frictionless operations.”
Resources:
Attend the Machine Identity Management Summit 2022, Oct. 11 – 13, a free virtual event to hear dozens of industry experts discuss the machine identity management challenges and use cases that the Venafi Control Plane addresses.
Sign up for a free trial of the Venafi Control Plane for Machine Identities and early access to Fast Issuance.
Visit the website.
Read the blog.
Download the Machine Identity Management Reference Architecture.
About Venafi
Venafi is the cybersecurity market leader in machine identity management. From the ground to the cloud, Venafi Control Plane manages and protects identities for all types of machines—from physical and IoT devices to software applications, APIs and containers. Venafi provides global visibility, lifecycle automation and actionable intelligence for all machine identity types and the security and reliability risks associated with them.
Jetstack, a Venafi company, is a cloud native products and strategic consulting company working with enterprises using Kubernetes and OpenShift.
An open source pioneer, Jetstack has achieved notable industry recognition as the creator of cert-manager, the open source industry standard for cloud native machine identity management. Jetstack’s open source products and solutions protect the application environments and platform infrastructure of global banks, multinational retailing companies and defense organizations by providing enterprise platform and security teams the power to build, scale and security their cloud infrastructure.
With more than 30 patents, Venafi delivers innovative machine identity management solutions for the world's most demanding, security-conscious organizations and government agencies, including the top five U.S. health insurers; the top five U.S. airlines; the top four credit card issuers; three out of the four top accounting and consulting firms; four of the five top U.S. retailers; and the top four banks in each of the following countries: the U.S., the U.K., Australia and South Africa.
For more information visit www.venafi.com and www.jetstack.io.
