Unbound Tech and Enveil Partner to Safeguard Encryption Keys and Provide Nation-State Level Security for Data In Use

Recognized security innovators offer joint solution to protect data through never-before-offered combinations of multiparty computation technology and homomorphic encryption


New York, NY and Washington, D.C., Jan. 09, 2019 (GLOBE NEWSWIRE) -- Unbound Tech and Enveil, two award-winning security innovators, today announced a partnership to provide enterprise customers with cutting-edge security capabilities in the global marketplace. The Enveil-Unbound collaboration provides unmatched protection for sensitive data at-Rest, in-Transit, and in-Use, completing the Data Security Triad.

The joint Unbound-Enveil solution delivers a powerful combination of Software-Defined Cryptographic capabilities to seamlessly secure sensitive data at all points during its lifecycle. Enveil advances the boundaries of data security by eliminating the Data in Use exposure gap companies face when sensitive data must be decrypted in order to be used or processed, while at the same time, Unbound fortifies security protections by ensuring cryptographic keys, credentials, or other private data never exist anywhere in complete form.

“Through the Unbound-Enveil partnership, we offer a truly unique solution that boosts security to a whole new level while at the same time reducing costs,” said Avner Mor, CEO at Unbound. “This is a rare opportunity to employ unique MPC-based encryption key protection and homomorphic data security technologies quickly and easily – and with the added bonus of less administrative and resource overhead due to the ability to work with existing systems and no need to configure or support separate strategies for encryption of data at rest, in transit and in use. This hasn’t been done before. We’re pleased to once again be a part of practical and scalable new approaches to data protection.”

“Powered by homomorphic encryption, Enveil eliminates the Data in Use security gap that has become a point of least resistance for an attacker, and we recognize the importance of working seamlessly alongside other leading technologies to ensure sensitive data and encryption keys are secure at all times,” said Ellison Anne Williams, Founder and CEO of Enveil. “Partnering with innovative leaders like Unbound Tech allows us to push beyond current technology limitations to provide integrated solutions that truly represent the market-rattling, leading edge in data security.”

Built to address the complex data security challenges facing the financial sector, healthcare industry, and other highly regulated verticals, the joint solution is now available. For more information, visit www.enveil.com or www.unboundtech.com.

About EnveilEnveil is a pioneering data security company protecting Data in Use. Performing actions such as search and analytics have historically required decryption, creating points of exposure. Enveil’s Never Decrypt computation capability closes this last gap in data security by protecting data while it is in use. Enveil allows enterprises to securely operate on both encrypted and unencrypted data in the Cloud, on prem, or anywhere in between. Founded by U.S. Intelligence Community alumni with backgrounds in mathematics, algorithmics, and machine learning, Enveil is revolutionizing data security by addressing a Data in Use vulnerability that people have been chasing for more than 20 years. Enveil’s ZeroReveal™ solutions are NIAP Common Criteria certified to provide nation-state level data protection in the global marketplace. Learn more at www.enveil.com.

About Unbound TechUnbound Tech equips companies with the first pure-software solution that protects secrets such as cryptographic keys, credentials or other private data by ensuring they never exist anywhere in complete form. The Unbound Distributed Trust Platform stands as a new foundation for trust using secure multiparty computation to ensure secrets are always split into multiple shares and thereby eliminate any single point of compromise. Adopted by Fortune 500 companies, Unbound’s elastic and agile platform protects secrets on untrusted infrastructure and removes existing dependence on dedicated security hardware, delivering a novel approach to security and privacy designed for the digital era. Serving as an engine for uninhibited growth, it allows enterprises to gain new levels of control over their secrets on any cloud, server or endpoint, and opens new possibilities for digital innovation. Founded in 2014, Unbound has been recognized with numerous industry awards and named in multiple Gartner Hype Cycle Reports. Be Trusted. Be Unbound. Visit www.unboundtech.com.

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