Intralinks First to Put Customers in Complete Control over their Data with Customer Managed Encryption Keys

NEW YORK, Sept. 30, 2014 /PRNewswire/ -- Intralinks^® Holdings, Inc. (NYSE: IL), a global SaaS provider of inter-enterprise content management and collaboration solutions, today announced the availability of Customer Managed Keys (CMK), a patent-pending solution that gives customers sole control over the ability to manage the encryption keys used to protect their data in the cloud. This ability ensures that files shared on the Intralinks platform cannot be legitimately accessed by anyone, including Intralinks, without the customer's consent. This unique capability resolves many significant concerns about data privacy and regulatory compliance and puts customers in complete control over their data.

"In the battle to protect against data loss and secure corporate knowledge networks, encryption and oversight are two of the strongest tools businesses have," said Robert Mahowald, VP SaaS and Cloud Services at IDC. "Putting complete control over encryption key provision and management into the hands of customers is a big step toward making sure these data assets can be stored safely in the cloud, and ensuring they are accessible only to authorized users. Automated, policy-based controls like Intralinks CMK can help."

Intralinks' CMK solution allows enterprises to maintain control of their hosted content without disrupting information-sharing with customers and partners – a 'best of both worlds' for security and regulation-sensitive customers. With Intralinks' CMK solution customers will be provisioned with dedicated encryption keys and a direct, secure, dedicated connection to the Intralinks data center where they can manage said keys. Customers with their own encryption keys will be able to maintain total control of their content, while avoiding difficult on-premise application deployments that create IT complexity and operational expense. The CMK solution consists of both hardware and software components distributed between the customer premises and the Intralinks data center.

"Data protection and the subpoena of files stored in the cloud is very much front and center in our list of customer concerns," said Doug Gordon, senior vice president of product marketing at Intralinks. "Many businesses today want to leverage the cloud to enable work across enterprise boundaries, but they're concerned with the risk. When we give our customers the ability to manage their own encryption keys, we are giving them an additional way to manage that risk.  They can revoke encryption keys at any time, thus preventing Intralinks, or anyone, from accessing their data, even if it's stored in Intralinks data centers."

Customer Managed Keys are an important addition to the multi-layer key management system Intralinks has been using with customers for years. In addition to the auto-generated data keys that are used to encrypt files, Intralinks has added a new step in the process that includes the customer key. This new step continues to provide the compartmentalized risk where each data file gets its own unique data key, while still allowing for a customer key rotation process that does not require re-encrypting terabytes of data.

Availability
Intralinks Customer Managed Keys are available now. For more information, contact [email protected].  

About Intralinks
Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks solutions are designed to enable the secure and compliant exchange, control, and management of information between organizations when working through the firewall. More than 3.1 million professionals at 99% of the Fortune 1000 companies have depended on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $23.5 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com.

Forward Looking Statements
The forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements are express or implied statements that are not based on historical information and include, among other things, statements concerning Intralinks' plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies.  These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from those contemplated in these forward-looking statements. Accordingly, there can be no assurance that the results or commitments expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof.  As such, Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For a detailed list of the factors and risks that could affect Intralinks' financial results, please refer to Intralinks public filings with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2013 and subsequent quarterly reports .  Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

Trademarks and Copyright
"Intralinks" and Intralinks' stylized logo are the registered trademarks of Intralinks, Inc. This press release may also refer to trade names and trademarks of other organizations without reference to their status as registered trademarks. Solely for convenience, the trademarks and trade names in this press release may be referred to without the ®, ™ and ^SM symbols, but such references should not be construed as any indicator that their respective owners will not assert, to the fullest extent under applicable law, their rights thereto. © 2014 Intralinks, Inc.  All rights reserved.

SOURCE Intralinks Holdings, Inc.