Venafi puts machine ID at the core of digital transformation
Machine identity lies at the core of digital transformation. With interconnected machines able to report to one another and authorise communications and actions, it’s vital they can verify one another’s authenticity, according to Venafi .
Yet many methods of machine identification are poorly implemented and introduce a wide attack surface for cyber criminals. Weak protection of IoT devices has long been a concern in the domestic technology market, allowing not just the device in question to be compromised but also the implementation of wider attacks once the network has been breached. Venafi hopes to educate companies embarking on digital transformation and help them to avoid similar attacks.
“Our society revolves around machines, and as digital transformation programs accelerate, our reliance on machines is growing exponentially,” said Jeff Hudson, CEO of Venafi.
“Because every critical business application requires a machine identity, your organisation must have a comprehensive machine identity management strategy. If you don’t, you are at risk. Venafi invented this category and holds more than 30 patents in this space, so we are very pleased to see major analysts recognize this rapidly growing market. We believe Venafi is uniquely positioned to create a world where all machine identities are managed and protected.”
"The pandemic has accelerated digital transformation, making it even tougher for enterprises to manage their machine identities"
Venafi positions itself as the inventor and leading provider of machine identify management, and in the US includes among its clients the top five health insurers, the top five airlines, the top four credit card issuers, three of the top four accounting and consultancy firms, and four of the top five retailers. In addition, it boasts the top four banks in the US, the UK, Australia and South Africa.
“The pandemic has accelerated digital transformation, and security teams are trying to keep up with the number of team members working remotely while, at the same time, support meeting the machine identity needs of fast-moving DevOps teams,” said Kevin Bocek, vice president of security strategy and threat intelligence at Venafi.
“These shifts are making it even tougher for enterprises to manage their machine identities effectively. Organizations need help navigating these radical changes. Venafi is the only solution provider with the operational experience to help organizations address all of these challenges.”
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Microsoft: Building a secure foundation to drive NASCAR
Microsoft is a key partner of The National Association for Stock Car Auto Racing (NASCAR) and together they are driving ahead to create an inclusive and immersive new fan experience (FX).
These long-term partners have not only navigated the challenges posed by the COVID-19 pandemic with the use of Microsoft Teams and Microsoft 365, but are now looking to a future packed with virtual events to enhance the FX, well beyond NASCAR’S famous Daytona racetrack.
“Together, we've created a secure environment that's allowed for collaboration, but the future is all about the fans”, said Melinda Cook, General Manager for Microsoft South USA Commercial Business, who cited a culture of transparency, passion, adaptiveness, and a growth mindset as to why this alignment is so successful.”
“We've partnered to create a fluid, immersive experience for the users that is supported by a secure foundation with Microsoft in the background. We are focused on empowering and enabling customers and businesses, like NASCAR, to reach their full potential. We do this with our cloud platform which provides data insights and security.”
“Our cloud environment allows NASCAR to move forward with their digital transformation journey while we are in the background,” said Cook who highlights that Microsoft is helping NASCAR
- Empower employees productivity and collaboration
- Improve fan engagement and experience
- Improve environment security and IT productivity
- Improve racing operations
Microsoft Teams, which is part of the Microsoft 365 suite, enabled employees to work remotely, while staying productive, during the pandemic. “This allowed people to provide the same level of productivity with the use of video conference and instant messaging to collaborate on documents. Increased automation also allows the pit crews, IT, and the business to focus on safety, racing operations, and on the fan experience,” said Cook.
“We have started to innovate to create a more inclusive fanbase, this includes using Xbox to give people the experience of being a virtual racer or even leveraging some of the tools in Microsoft Teams to have a virtual ride along experience.”
“These environments are how we create a more inclusive and immersive experience for the fans. We're working on a virtual fan wall which allows people from new locations to participate in these events,” said Cook, who pointed out Microsoft was also helping bring legacy experiences alive from NASCAR’s archives.
“At Microsoft we can take it one level further by letting fans know what it's like to see the pit crew experience, the data and all the behind-the-scenes action. We will continue to improve automation with machine learning and artificial intelligence, from marketing to IT operations to finance to racing operations,” said Cook.
Christine Stoffel-Moffett, Vice President of Enterprise Technology at NASCAR, said: “Microsoft is one of our key partners. They have been instrumental in helping the NASCAR enterprise technology team re-architect our Microsoft systems to ensure an advanced level of security across our environment, contribute to our business outcomes, and focus on fan experience.”