StorMagic SvKMS Encryption Key Management
StorMagic
Category
Data Security/Compliance Innovation of the Year
Entry Video
Entry Description
StorMagic saw that that enterprises deserve a one-stop approach to key management, and developed SvKMS -- a single platform that can manage all of a customer’s encryption keys, anywhere. By anywhere, we mean that customers get an enterprise key manager for any encryption workflow, whether at the edge, datacenter, cloud or even multi-cloud. SvKMS has enterprise-grade features delivered in a simple to use interface - all at a surprisingly low cost.

According to Gartner, “with processing and storage placed outside traditional information security visibility and control, edge computing creates new security challenges that need to be addressed in depth”.* StorMagic believes its modern approach to key management helps solve these edge computing security challenges by allowing users to run their key management system as virtual machines anywhere, but securely manage keys for all of their edge sites. To meet demanding enterprise customer needs, SvKMS includes important features like FIPS 140-2 validation, robust cryptographic operators, full key lifecycle management and integrated backup and recovery.

Key competitive differentiators that will benefit customers include:

Automate and Integrate with any Workflow
Unify all encryption key management processes in a centralized virtual appliance. Providing widely accessible risk reduction via GUI, integrated REST API-enhanced workflows and KMIP standardization helps SvKMS deliver rapid customization, logging, dashboard auditing and monitoring for all deployment scenarios.

Deploy Anywhere
Generate, store and provision keys at the edge, datacenter, cloud, or multi-cloud. SvKMS runs in any cloud or hypervisor and can be deployed in both single and multi-tenanted configurations.

Easy to Use and Configure
SvKMS provides security professionals the ability to deploy key management in minutes vs weeks-to-months with industry incumbents. Setup is quick and easy so customers can spend more time on the apps they are protecting than on the key management itself.

Lowest Price for Modern Key Management
Simplify your encryption key management, lower operation costs, while at the same time reducing expenditures on multiple KMS products. Avoid proprietary and expensive KMS vendor lock-in, including setup and on-going maintenance costs.

StorMagic’s SvKMS solution also supports datacenter and cloud workflows and integrates with existing Hardware Security Modules (HSMs) to modernize the way these expensive, proprietary solutions are managed. Customers that want to secure environments with multiple use cases with enterprise-level key management features, can now do so easily and affordably. Pricing for a single-node configuration with unlimited transactions and integrations, advanced key management features and the flexibility to deploy at the edge, on-premises or cloud, begins at just $9,500.

SvKMS is also available via StorMagic Cloud Services, Key Management-as-a-Service (KMaaS) allows an organization to deploy a cloud-based key management service, instead of running one or more key managers on physical hardware. It ensures an organization can keep all keys secure and accessible within the cloud, regardless of encryption workload or location.

While SvKMS is a software solution that is installed by the end user, StorMagic KMaaS is entirely cloud-based - it is genuine key management-as-a-service with nothing to maintain. Simply connect to the highly available, load-balanced clusters provided by StorMagic, which are secure, isolated tenancies, and coordinate every aspect of key management from a single pane of glass.

The flexibility offered by KMaaS ensures every encryption workload and service can be consolidated into a single key management interface. Furthermore, just like SvKMS, the service provides the ability to extend the functionality of existing hardware security modules (HSMs), allowing them to handle new workflows such as SaaS, PaaS and IoT as well as advanced key management capabilities that were previously impossible.
Customers can both simplify and streamline key management policies with KMaaS, a single cloud-based service handling every part of the entire key management lifecycle, and eliminate the need for onsite hardware and software previously considered a requirement for cloud-based encryption solutions. StorMagic KMaaS is also extremely affordable; pricing for a geographically distributed multi-node configuration begins at just $575 per month.
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