Irdeto's Cloakware Password Authority Sets Decisive Security Industry Standards

VIENNA, Va., March 3 /PRNewswire/ -- Irdeto, the leading expert in content and business model protection solutions and services, today announced enhancements to its Cloakware Password Authority (CPA) offering. The privileged password management solution now provides customers with improved usability, greater job scheduling flexibility, easier tracking of password access and change activity, "click to connect" to target systems, and expanded application client coverage.

Increases in existing capacity utilization continue to fuel industry trends toward virtualization of the datacenter and use of cloud based computing platforms. These changes pose new challenges for CISOs who must ensure regulatory compliance and protection of critical digital assets. To meet these new challenges and maintain effective and efficient privileged password management for both human and programmatic access to critical data and systems, Irdeto continues to enhance its Cloakware Password Authority offering to satisfy the requirements of its leading customers such as Research in Motion (RIM), Scotiabank and State Street Bank.

"Privileged access management represents one of the most pressing challenges facing companies today," noted Said Rahmani Khezri, senior vice president of the Cloakware product group at Irdeto. "Some of the most recognized brands in the world have taken the appropriate measures necessary to secure their data to avoid small mistakes that can result in big losses. These companies have chosen Irdeto's highest-level security solution - Cloakware Password Authority - to protect their privileged information and most critical data."

As internal data breaches and worker dissatisfaction continue to make front-page headlines, privileged access management is becoming a higher priority for enterprises and small- to medium-sized businesses alike. Companies have now seen firsthand the significant consequences that may result from not implementing these types of solutions. On January 8, 2010, Heartland Payment Systems agreed to a settlement of $60 million payable to Visa for credit and debit cardholder losses resulting from a data breach in 2008. Additionally, the Ponemon Institute's annual study reported that the average total cost of a data breach topped $200 per customer record in 2009 and overall organization cost per incident climbed to $6.75 million.

About Irdeto

Irdeto empowers companies to protect and monetize their digital assets and maximize return on content with innovative and reliable software technologies, content management and distribution solutions and end-to-end solutions and services. The company's products include conditional access, digital rights management, business support systems and set-top box software solutions. More than 500 customers worldwide trust Irdeto to secure and enable the delivery of their valuable content across digital broadcast, IP, mobile, enterprise and government networks. Irdeto solutions currently enable simple to advanced business models on more than one billion devices and applications.

Founded in 1969, Irdeto employs over 900 people in 25 offices across the globe, including the dual corporate headquarters in Amsterdam and Beijing. The company is a subsidiary of multinational media group Naspers (JSE: NPN), which includes a wide range of pay TV, Internet, instant-messaging, technology and publishing businesses.  For more information, please visit www.irdeto.com.

About Irdeto's Cloakware Password Authority

Irdeto's Cloakware Password Authority (CPA) offering provides trusted security software and services to top-tier companies to protect their critical digital assets. The seamless, easy to deploy and cost-effective solution gives clients operational control over the most distributed technology environments. CPA keeps core digital assets "cloaked" throughout creation, distribution and consumption to ensure companies can maintain their business operations while trusting that they are protected from malicious attack by both outsiders and trusted insiders.

SOURCE Cloakware