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10 Best Security Companies 2018


ciobulletin venafi jeff hudson ceo

Venafi: Machine Identity Protection for Your Organization

We’re in the midst of a digital transformation that is affecting every business. Our networks are becoming more complex and interconnected, relying on many more machines that automatically do many tasks previously conducted by people. To secure our networks, we need to protect both people and machines. We invest significant resources into securing usernames and passwords for humans. Yet we neglect the protection of machine identities used to authenticate machines.

Machines don’t use usernames and passwords. Instead they use cryptographic keys and digital certificates that act as machine identities. The bad guys know these critical security assets are under protected, so they devote significant time and resources to compromising them for malicious purposes. To prevent the misuse of machine identities, organizations around the world rely on Venafi to protect their machine identities.

Venafi was founded by Russell Thornton and Ben Hodson in October 2000 as IMCentric. In 2005, IMCentric became Venafi. The name Venafi means ‘root of trust,’ emphasizing the company’s mission to protect machine identities, which are essential in securing all types of machine-to-machine communication and are foundational to trust across the internet.

Honesty and Transparency

When still in its infancy, Venafi was approached by a large European Bank to accomplish a very specific task within a deadline. The bank promised to pay half a million dollars if Venafi managed to complete the task by the deadline. But just before delivery, Venafi found a bug in the new code. Venafi refused to ship before fixing it even though this meant missing the deadline. Instead, they let the bank know about the existence of the bug and their plan to address it. The bank appreciated the honest approach and asked Venafi to ship anyway. Although the bank never encountered the bug, Venafi fixed it in the next release. 

Pioneering Machine Identity Protection

Venafi quickly realized that managing keys and certificates is only one component of the broader need to secure machine identities. Venafi was the first organization to recognize the importance of securing machine identities and invented the technology to protect them.

Each connection between machines needs to be authenticated to keep communications between machine secure. Without this, machines don’t know which other machines can be trusted. Venafi is the only company that provides Machine Identity Protection including complete visibility, comprehensive intelligence and the automation required to keep up with rapidly changing networks.

As the inventor of Machine Identity Protection, Venafi has over 30 patents and provides Machine Identity Protection for the world’s most demanding, security-conscious organizations. The Venafi Platform is designed to protect architecturally complex and geographically distributed networks at enterprise speed and scale. With over 10 million hours of production experience, Venafi’s enterprise-class solution has been tested and proven by over half of the Fortune 50.

The Venafi Platform also protects machine identities in the top five U.S health insurers; the top five U.S airlines; four of the top five U.S., U.K., Australian and South African banks; and three of the top five U.S. retailers. Venafi is committed to customer success and boasts of having the technology industry’s highest customer success ratings that exceed 99 percent and customer renewal rates over 98 percent. Plus, with its extensive Technology Partner Network, the Venafi Platform integrates easily throughout the enterprise network, supporting each customer’s unique IT stack to maximize return on investment.

Leading the Troupe

Jeff Hudson, CEO

Prior to Venafi, Jeff Hudson has been in executive roles in four highly successful start-ups that eventually went public. He has 25 years of extensive experience in leadership and management positions in Information Technology and Security Management.

Jeff has spent much of his career developing and delivering cutting-edge technology solutions for financial services and other Fortune-ranked organizations and government agencies. He enjoys a good relationship with many of the leading business and IT security publications as a contributor. The list includes big names like Forbes, Wall Street Journal, New York Times, USA Today and LA Times. He is also a great orator and speaks often at technology and business conferences the world over.

"With Venafi, global visibility, deep intelligence, and automation of all aspects of machine identities allow you to rapidly identify and automatically correct vulnerabilities and weaknesses. Venafi orchestrates these capabilities to lower your security, availability, and reputation risks."

"Venafi provides dynamic protection for machine identities across extended infrastructure in one trusted platform."

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