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Security.


Betrusted, a provider of packaged security solutions for large corporations--solutions covering areas like authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 and electronic identification, information integrity and transaction validation and privacy concerns--is expanding around the world, thanks to a $200 million equity infusion from One Equity Partners. Originally purchased from PricewaterhouseCoopers in January 2003, the company had grown from 70 employees and $3.5 million in revenue then to 750 employees and $125 million in revenues by June 2004, though only a fifth of that came from North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. ; the company's largest current market is in Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the .

Much of that growth has been fueled by acquisitions--10 in that period alone in a variety of countries. Betrusted now has 10 data centers and has established a focus on several key vertical markets--among them financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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, governments, telecommunications and healthcare--and claims more than 3,000 customers.

The company's projects are focused around key infrastructure components: perimeters, networks, hosts, servers and applications, with controls such as firewalls and virtual private networks. Controls include business logic and rules, authentication and public key infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ).

Executives say the company offers infrastructure or asset protection based on "keeping the bad guys out," and identity and access management based on "letting the good guys in." Risk management components include a security dashboard, enterprise security architecture and a compliance suite.

Kerry Bailey, the company's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  for the Americas, said in an interview that too many companies consider security a low-level priority and get involved with "point solutions" that address ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode.  rather than comprehensive security issues. He added that experience in specific verticals is important, as is a vendor-neutral solution that can run on various platforms.

Web: www.betrusted.com

Material for these items has been developed in most cases by promotional materials supplied by the companies, which have not paid to appear in this column.
COPYRIGHT 2004 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:TechnologyTools
Publication:Financial Executive
Geographic Code:1USA
Date:Oct 1, 2004
Words:308
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