Available through Symphony’s app ecosystem, the SafeNet HSM protects the cryptographic root of trust for secure and confidential communications for highly-regulated organisations using the Symphony platform. Gemalto recently presented its contribution to the platform at Symphony Innovate 2016, an invite-only industry conference dedicated to strategizing on the future of work and how enterprises are driving this transformation through Symphony’s communications platform.
“Symphony delivers a secure compliant productivity and collaboration platform whose entire ecosystem—from content owners to trading platforms to finserv companies—depends on the best security available,” says Frederic Stemmelin, Symphony’s Vice President of Business Development. “Gemalto’s state-of-the-art encryption technology meets the modern standard of security that our platform demands.”
Data security is one of the primary challenges facing the financial services industry. According to Gemalto’s latest Breach Level Index report, breaches affecting the industry accounted for 12% of all breaches during the first six months of 2016, a period during which the total number of data breaches rose by 15% compared to the last six months of 2015.
The Gemalto SafeNet HSM is a dedicated crypto processor that securely manages, processes and stores cryptographic keys inside of a hardened, tamper-resistant device. Symphony’s customers can deploy a SafeNet Network HSM in their data center or purchase Cloud HSM in an Amazon Web Services cloud environment or through Google Cloud Platform, using it to manage and secure encryption keys and cryptographic operations in order to protect communications and maintain compliance.
Whether it’s via secure text, chat, email, voice, or video, Symphony with Gemalto secures communications with FIPS 104-2 Level 3 assurances, ensuring regulatory compliance and protection for data in motion and at rest. Symphony’s integration with the SafeNet HSM gives the customer the ability to manage access to specific conversations by assigning or revoking credentials for appropriate participants as needed.
“Working with Symphony is the logical choice for helping financial institutions protect all sensitive data, regardless of where it’s stored or how it gets shared,” said Todd Moore, Senior Vice President for Encryption Products at Gemalto. “These organisations now have the ability to fully own the keys that encrypt data in every environment in their infrastructure where the Symphony platform is deployed, all while employees enjoy the convenience and productivity capabilities of a streamlined workflow.”