Aug 1, 2017

Cyphre Security Solutions, LLC, a RigNet Company, and Fornetix Join Forces to Deliver Advanced Key Protection, Management and Encryption Solutions

HOUSTON, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Today, Cyphre Security Solutions, LLC, a wholly owned subsidiary of RigNet, Inc. (NASDAQ:RNET), and Fornetix® announce their strategic partnership to address the importance of approaching data protection in an active, continuous and programmatic way. In this new collaboration, the two companies will work closely to integrate Cyphre's BlackTIE® encryption technology and Fornetix's Key Orchestration™ enterprise key management products that substantially reduce the amount of data accessible to attackers. This powerful solution provides the security controls needed to maintain data integrity, while maximizing security at the most controllable, granular level. 

"As businesses continue to demand data protection beyond a classic software based encryption, the integration of Cyphre's BlackTIE technology and Fornetix's Key Orchestration appliance, provide RigNet an opportunity to meet our customer demands for best-in-class cybersecurity solutions," said Steve Pickett, President and CEO of RigNet, Inc. "By fully integrating heightened data protection and key management with other security elements within a multilayered posture, organizations can further narrow gaps between their security layers, while implementing strong cryptographic protections for their most sensitive and vulnerable data."

Cyphre's BlackTIE technology augments vulnerable single encryption keys with hardware-encrypted Black Keys to render hijacked keys useless, thus neutralizing the threat. Chip-resident Black Keys are completely isolated from hacker exposure, even hidden from Cyphre itself. For heightened security, BlackTIE uses a key-per-file protection approach to encrypt all data-at-rest and data-in-transit.

Fornetix Key Orchestration is an advanced key management ecosystem that takes traditionally long, manual encryption processes and transforms them into automated, easy-to-use solutions. Benefits include reduced costs, process consistency, enhanced use of encryption, and enterprise modifiability. Fornetix's Key Orchestration appliance integrates with Cyphre's BlackTIE-powered offerings to deliver high-performance security solutions that protect the integrity of your encrypted data from continuously evolving threats. The integrated solutions are available immediately.

"One of the core issues facing organizations today is the onslaught of cybersecurity products and capabilities in the marketplace and the inability to objectively understand which are needed and which are best. Powerful encryption has been proven to be the best protector of sensitive data-at-rest and data-in-transit. With powerful encryption comes the need for a policy-based advanced encryption key management ecosystem that operates with groundbreaking precision and speed. Together, Cyphre and Fornetix provide that holistic encryption solution," said Chuck White, CTO of Fornetix.

About RigNet
RigNet (NASDAQ:RNET) is a leading global specialized provider of customized systems and solutions serving customers with complex data networking and operational requirements. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing, crew welfare, asset monitoring and real-time data services. RigNet is based in Houston, Texas and has operations around the globe. 

For more information on RigNet, please visit RigNet is a registered trademark of RigNet, Inc.

Media / Investor Relations Contact:
Charles E. Schneider 
SVP & Chief Financial Officer
RigNet, Inc. 
Tel: +1 (281) 674-0699