Hewlett-Packard Company (NYSE:HPQ) has been working in the field of cyber security for a long time now. However the company has recently increased its focus in this field. Art Gilliland, HP Enterprise Security Products, was on CNBC‘s Squawk box earlier today and he was explaining about Atalla, Hewlett-Packard Company (NYSE:HPQ)’s cloud security encryption product.
Gilliland started discussing about the encryption technologies of Hewlett-Packard Company (NYSE:HPQ) that it has been using to protect over $9 trillion worth of transactions for their banking and financial clients over the last couple of decades.
Explaining the need of Atalla in the cloud environment, he further stated:
“What we have been doing is extending that technology to protect unstructured and structured information that sits within your data centers but also that now moves into your cloud deployments of your data center.”
A regular consumer sitting at home won’t even notice all that is happening in the background and he feels secure as his transaction gets completed without a glitch. Approximately 70% of the ATMs use Atalla as a technology to encrypt the pins that traverse from the ATM to the central server. This is useful when someone is withdrawing money from other bank ATMs as here the two banks need to talk to each other and also maintain the security quotient. Atalla really helps in such situations.
When asked if Atalla was really different than the other encryption products as people get worried when they hear about attacks happening and breaches in security occurring frequently, Gilliland said that the technology is very strong and tough to breach and hence attackers try to exploit vulnerabilities elsewhere and not the actual encrypted channel. So the breaches in security happen either before the encryption of after the decryption.
Hewlett-Packard Company (NYSE:HPQ) is investing heavily in the cyber security area and encryption particularly as Gilliland sees huge returns in this sector.
He also spoke about the different ways of serving Hewlett-Packard Company (NYSE:HPQ)’s clients with encryption and first way is to deliver encryption broadly inside the enterprise without having performance impact on the end servers. Second method is when the data moves to the cloud, policies for encryption also moves to the cloud and the clients still own the encryption keys and hence they only can access the data and it’s very secure even on the cloud. The third one is having the security policy follow the data as the employees use it. So if the employee downloads some data that is encrypted over the cloud, the security policies are lost and this is where the third method comes handy.
With Atalla , Hewlett-Packard Company (NYSE:HPQ) is indeed moving ahead stronger and it’s trying to market its product to the cloud industry pretty well.