Venafi presents the control plane for machine identity management

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SALT LAKE CITY–(BUSINESS WIRE)–Venafi®, inventor and leading provider of Machine Identity Management, today unveiled the Venafi Control Plane for Machine Identity. The Venafi Control Plane unifies machine identity management for all identity types: in data centers, cloud, hybrid and edge environments. The Venafi Control Plane enables customers to accelerate digital transformation, increase development speed, reduce security risk and eliminate business disruption.

“Venafi partners with the largest and most complex organizations in the world, and our solutions secure the vast majority of the digital infrastructure that powers our modern world,” said Jeff Hudson, CEO of Venafi. “These partnerships have allowed us to better understand the complexity created by digital transformation and the shift to hybrid and cloud native architectures. Today, a typical global organization has hundreds of thousands of machines, which include applications, APIs, containers, and microservices, in addition to physical devices, spread across a wide variety of environments. Each of these machines requires an identity. At Venafi, we know how expensive and time-consuming it is to create identity-based Zero Trust architectures in these complex and rapidly changing environments. The Venafi control plane for machine identities is unmatched in reducing complexity and increasing development speed, while increasing the security of machine identities that are the foundation of trust in our modern world.

There are two actors on every network: people and machines. People rely on usernames, passwords, and two-factor authentication to access data and services. Machines also need identities for the same reasons. Rapid adoption of cloud infrastructures requires a greater number and variety of machine identities, many of which change rapidly because they are ephemeral. For example, some cloud-native environments require huge volumes of certificates (one of many types of machine identities) with near-zero latency. Organizations spend millions of dollars managing human identities, but barely realize the importance of machine identity security and protection.

The Venafi Control Plane is the only machine identity management control plane designed to deliver observability, consistency, reliability and freedom of choice across clouds, hybrid environments, data centers and the edge.

The Venafi control plane directly provides core functionality and distributes or delegates it within reusable templates and policy controls. Together, these capabilities support cradle-to-grave machine identity lifecycle orchestration, authentication, authorization, and governance, delivering immediate value to customers, including:

  • Eliminate outages on customer-facing infrastructure, saving an average of $9.3 million in revenue per hour for financial services companies

  • Dramatic reduction in data breach risk that costs an average of $5.97 million per violation

  • Improved machine identity management efficiency, increasing productivity by up to 98%

To ensure these features are available in even the most demanding edge and cloud native environments, Venafi is also announcing early access to a new Venafi Control Plane service: Fast Issuance. Fast Issuance is a very low latency service for quickly issuing machine identities without any dependencies. The Fast Issuance service enables local issuance for entities or services that require machine identities to be delivered at scale with near-zero latency. Fast Issuance can be used in any environment: cloud native, data center, hybrid or edge.

Venafi has also published the Modern Machine Identity Management reference architecture. The reference architecture incorporates zero-trust best practices for architecture of machine identity management in data center, cloud, and edge architectures. The reference architecture is based on extensive experience partnering with global organizations designing complex hybrid and cloud-native production environments.

“As companies tackle the growing number of workloads they run in the cloud, they realize that inefficiencies are slowing teams down and creating new security risks just waiting to be exploited,” said Kevin Bocek, vice president of Threat Intelligence. and security strategy at Venafi. “Success in the cloud is now a function of design and architecture, especially when board members want specific insights into zero-trust strategies. Without the right architecture, the headaches, costs and cloud-related incidents are sure to increase.The control plane for machine identity management is the first and only solution that gives platform and security teams the power to collaborate on design patterns and repeatable blueprints. From cloud-native to mainframe, the Venafi Control Plane delivers measurable consistency, observability, and reliability. This new approach enables developers to build using the tools, clouds, and languages love, while security and platform teams benefit from confident and frictionless operations.”

Resources:

Attend Machine Identity Management Summit 2022, October 11-13, a free virtual event to hear from dozens of industry experts discuss machine identity management challenges and use cases facing Venafi Control Plane responds.

Sign up for a free trial of Venafi Control Plane for Machine Identities and early access to Fast Issuance.

Visit the website.

Read the blog.

Download the Machine Identity Management Reference Architecture.

About Venafi

Venafi is the cybersecurity market leader in machine identity management. From ground to cloud, Venafi Control Plane manages and protects the identities of all types of machines, from physical and IoT devices to software applications, APIs and containers. Venafi provides global visibility, lifecycle automation, and actionable insights for all types of machine identities and their associated security and reliability risks.

Jetstack, a Venafi company, is a strategic consulting and cloud-native products company working with enterprises using Kubernetes and OpenShift.

An open source pioneer, Jetstack has achieved notable industry recognition as the creator of cert-manager, the open source industry standard for cloud-native machine identity management. Jetstack’s open source products and solutions protect the application environments and platform infrastructure of global banks, multinational retailers and defense organizations by providing platform and security teams with the power to build, scale and secure their cloud infrastructure.

With more than 30 patents, Venafi provides innovative machine identity management solutions for the most demanding and security-conscious organizations and government agencies, including the top five US health insurers; the five major US airlines; the four major credit card issuers; three of the four major accounting and consulting firms; four of the top five US retailers; and the top four banks in each of the following countries: the United States, the United Kingdom, Australia and South Africa.

For more information, visit www.venafi.com and www.jetstack.io.

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