TOKYO and SAN JOSE, Calif., July 16, 2013 /PRNewswire/ -- CipherCloud, Inc., a leading company in cloud encryption and the partner for the product in Japan, SunBridge Corporation (Shibuya, Tokyo, President Hiroyuki Ono, "SunBridge"), announced that Mitsubishi UFJ Global Custody S.A. (Luxembourg, "Mitsubishi UFJ Global Custody") and its subsidiary, Mitsubishi UFJ Global Custody Japan, Co. Ltd. (Chiyoda, Tokyo, "Mitsubishi UFJ Global Custody Japan"), adopted CipherCloud as their cloud data encryption technology for the use of Salesforce.com.
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Mitsubishi UFJ Global Custody is a group company involved in the fund management business and global custody business of Mitsubishi UFJ Financial Group. As for the business operations of the company, Mitsubishi UFJ Global Custody had been considering the use of Salesforce.com; however, the convenience of sharing information between locations while ensuring security had been a problem.
But, as a result of adopting "CipherCloud for Salesforce" delivered by SunBridge for their data protection solution, the company was able to achieve strong security and efficient operational management in order to resolve the problem. Specifically, the information stored in Salesforce.com is replaced with a string of gibberish by going through the CipherCloud for Salesforce encryption gateway. When accessing data by using e-mail or Web browser, it is impossible to obtain the correct information stored in the cloud unless it does not go through the encryption gateway.
Pravin Kothari, CEO of CipherCloud, said, "Interest in data protection is increasing in European countries including Luxembourg, and the companies and governments could not receive the advantage of the cloud technologies and services in terms of economics and other benefits without CipherCloud." Kothari also mentioned, "CipherCloud collaborates with our partner, SunBridge, and we resolve the issues of data privacy, data residency, data security and compliance for Mitsubishi UFJ Global Custody and other enterprises."
While preserving the performance and function in the cloud across multiple applications, the numerous award-winning solution, the encryption gateway from CipherCloud, protects sensitive data in real time. CipherCloud brings comprehensive controls for security, including strong encryption, tokenization, tracking actions, malware detection in order to overcome the risks to compliance and to data privacy, residency and security in the cloud. CipherCloud provides a unified cloud encryption platform for protecting public and private cloud, which research firm Gartner Inc. forecasts 25% of companies will use by 2016. Gartner has also claimed that the encryption platform in the cloud will cut 30% of the cost to ensure the safety of the cloud.
CipherCloud platform protects multiple cloud applications, including Salesforce.com, Force.com, Chatter, Google Gmail, Microsoft Office 365, Box and Amazon Web Services and 365. Additionally, CipherCloud Connect AnyApp and Database Gateway enable organizations to extend data protection to hundreds of third-party cloud and private cloud applications and databases.
About Mitsubishi UFJ Global Custody S.A
Mitsubishi UFJ Global Custody is the company that has a track record around the Fund Administration and Global Custody of Mitsubishi UFJ Financial Group since its establishment in 1974. Mitsubishi UFJ Global Custody covers around the 90 main countries targeted for investment and aligns excellent local human resources with extensive practical experiences to offer 'fine grain' service to customers.
About CipherCloud
CipherCloud, the leader in cloud information protection, enables organizations to securely adopt cloud applications by overcoming data privacy, residency, security, and regulatory compliance risks. CipherCloud delivers an open platform with comprehensive security controls including encryption, tokenization, cloud data loss prevention, cloud malware detection, and activity monitoring. CipherCloud's ground breaking technology protects sensitive information in real time, before it is sent to the cloud, while preserving application usability and functionality.
CipherCloud has experienced exceptional growth and success with over 1.2 million business users, more than 100 million customer records, in over 10 industries, and with marquee customers 13 countries around the globe.
The CipherCloud product portfolio protects popular cloud applications out-of-the-box such as Salesforce, Force.com, Chatter, Box, Microsoft Office 365, and Amazon Web Services. Additionally, CipherCloud Connect AnyApp and Database Gateway enable organizations to extend data protection to hundreds of third-party cloud and private cloud applications and databases.
CipherCloud, named as SC Magazine's 2013 Best Product of the Year, is backed by premier venture capital firms Andreessen Horowitz, Index Ventures, and T-Venture, the venture capital arm of Deutsche Telekom. For more information, visit www.ciphercloud.com and follow us on Twitter @ciphercloud.
Please see www.ciphercloud.jp for more information.
About SunBridge
SunBridge is a group of international professional service companies to support the globalization of IT companies in Japan and the United States and is recognized as a top class value-added reseller of global enterprise software products. In addition, SunBridge has introduced the most advanced and attractive IT technologies in recent years such as Cloud, SaaS and Data Mining and offers a wide range of system development and consulting services in Japan. SunBridge has proven track records of joint venture businesses in Japan such as Salesforce.com, Silk Road Technology, Concur and Kyriba Japan. SunBridge has offices in Silicon Valley, Tokyo and Osaka. Please see http://www.sunbridge.com (Japanese), http://www.sunbridgepartners.com (English) for more details.
Contact:
Lise Feng
Director of Corporate Communications
408-520-4937
[email protected]
SOURCE CipherCloud, Inc.
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