Thursday, September 26, 2013

Wave Systems Corp. (WAVX) Named a “Visionary” in Gartner’s 2013 Mobile Data Protection Magic Quadrant

Wave Systems, the Trusted Computing Company and foremost expert on building security capabilities directly into endpoint computing platforms themselves, announced today that Gartner Inc. named the company a visionary in its September 2013 Magic Quadrant for Mobile Data Protection (MDP), published by John Girard and Eric Ouelett. The Magic Quadrant is comprised of companies with comprehensive visions and keen ability to execute.

“To once again be recognized in Gartner’s Magic Quadrant as a visionary is a huge honor,” said Steven Sprague, CEO for Wave. “We consider Gartner’s findings as highly credible proof that Wave has been able to and will continue to lead not only in the mobile data protection space, but also in other areas as customers look to protect their sensitive data. Wave-managed hardware encryption makes users’ devices ‘safe to lose’ since network administrators can access detailed event logs to prove sensitive data was protected should a device become lost or stolen.”

Gartner tracks software security technology in the mobile data protection market that enforces privacy policies through data encryption, and the management of access to that data on the primary and secondary storage systems of end-user devices. Laptops are the predominant product in the market, but the technologies were originally developed for use in a desktop workstation area. Gartner evaluates the inclusion of compatibility features during assessments. Potential features associated with the assessment include the Trusted Platform Module, self-encrypting devices based on the Trusted Computing Group Opal standards and OS embedded encryption such as Windows BitLocker and Mac FileVault.

The primary differentiating approach used by Wave, is to build security capabilities directly into endpoint computing platforms, rather than adding layers of software for security that tends to be more vulnerable to attack. Wave’s comprehensive portfolio of trusted computing solutions for managing data protection, authentication and malware detection allow enterprises and SMBs to:

Ensure their devices are safe to lose, by constantly protecting data with hardware-based encryption managed by Wave. Wave Cloud is the only Cloud service on the market for managing self-encrypting drives and Wave for BitLocker™ Management enables the fast deployment of BitLocker™, the native encryption feature from Microsoft.

Safely and securely encrypt files uploaded to cloud storage services like Dropbox™ or Microsoft SkyDrive™.

Eliminate passwords. Ensure seamless, second-factor authentication with Wave to enable virtual smartcards and to protect credentials while using Microsoft DirectAccess.

Ensure that only known devices are allowed on known networks. Establish persistent device identity that can’t be spoofed and gain increased visibility into endpoint health before the operating system loads with Wave Endpoint Monitor.

For further information, please visit www.wave.com

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