nCipher Celebrates Anniversary

CAMBRIDGE, U.K. -- Cryptography increasingly plays a central role in the fight to protect critical enterprise information, according to nCipher plc (LSE:NCH), a global leader in protecting critical enterprise data, which is celebrating its 10th anniversary this month.

Founded in late 1996, nCipher developed the world’s first security module specifically designed to protect private personal information as it was transmitted over the internet. The familiar ‘padlock’ icon in the corner of a web browser window was, for most people, their first exposure to digital encryption and it has rapidly become a vital enabling technology in the growth of e-commerce. Today encryption is being applied ever more widely to protect sensitive data throughout enterprises, both at rest within databases or storage systems, while being processed within software applications, and in transit.

“Digital data now is no more sensitive than it was ten years ago, but there is now even more of it and even more people want access to it anytime and from any location, so business agility has become the name of the game.” says Alex van Someren, chief executive officer at nCipher. “The challenge now for many companies is to open up their internal systems for greater flexibility, while at the same time recognizing the extremely high level of scrutiny and regulatory pressure around the privacy and integrity of personal and corporate information. With traditional network boundaries disappearing, this more ‘data-centric’ approach to security means that critical information needs protecting wherever it is. Cryptography, the science of encryption, can do this and nCipher’s business is to help ensure it is done efficiently and securely.”

nCipher Corp. Ltd.