Once again, Hardware security module (HSM) specialist nCipher is an independent business within Thales after being part of Thales eSecurity since 2008.
nCipher Security officially launched last week creating a new leader in the general purpose hardware security module (HSM) marketplace. The company is now a separate stand-alone business within Thales and held separate from the rest of the Thales Group pending its divestiture to a third party buyer.
The move comes after Thales Group’s offer to acquire Gemalto and the demands of a number of antitrust agencies, including the European Commission, to create a strong player in the general purpose HSM space in order to preserve competition in this important market place and continued supply and innovations to our nShield customers.
Thales and Gemalto continue to work constructively with the competent antitrust authorities to obtain the remaining merger control regulatory clearances in Russia and the United States. In addition, Thales and Gemalto are seeking regulatory clearance relating to foreign investments from the competent authority in Russia.
The world’s leading organizations have depended on nCipher nShield HSMs for more than 20 years to provide a root of trust for their business critical applications and meet their cyber security needs. Their customers include 5 of the top 10 Fortune 100 and 10 of the top 20 FTSE 100 companies.
In response to the spin out, Cindy Provin, Chief Executive Officer, nCipher Security said, “I am both excited and proud to lead an innovative, agile, world-class team helping our customers as they embrace a digital future.
“nCipher nShield HSMs are a critical component in securing today’s business critical applications as well as the journey to the cloud, new digital payment methods and the Internet of Things. With high profile data breaches hitting the headlines daily and newly enforced legislation, organizations need to get security right.”
nCipher customers rely on nShield HSMs to provide a root of trust for a wide variety of business applications including public key infrastructures (PKIs), SSL/TLS encryption key protection, code signing, digital signing and blockchain.
As growth in the Internet of Things (IoT) creates greater demand for device IDs and certificates, nShield HSMs will continue to support critical security measures such as device authentication using digital certificates.
nCipher Security will be exhibiting at RSA Conference 2019 on booth #3106, to learn how our cryptographic solutions guard against today’s threats and attacks, enable compliance and protect your business applications.
About nCipher Security
Today’s fast moving digital environment enhances customer satisfaction, gives competitive advantage and improves operational efficiency. It also multiplies the security risks.
nCipher Security, a leader in the general purpose hardware security module (HSM) market, empowers world-leading organizations by delivering trust, integrity and control to their business critical information and applications.