Cloud security specialist, Vormetric, opens Australian operations

Former Oracle sales leader, Damian Harvey, appointed new country manager

Vormetric country manager Damian Harvey.

Vormetric country manager Damian Harvey.

Cloud security specialist, Vormetric, has launched operations in A/NZ following the increasing focus on cybersecurity compliance with the introduction of new privacy legislation.

The company has appointed former Oracle sales leader, Damian Harvey, as the new country manager to lead the charge into the market.

According to a company statement, the company’s decision to formally launch here represents a response to a number of factors.

“The increasing focus on organisational cybersecurity compliance following the Australian Privacy Principles (APP) which came into effect on March 12,” the statement said.

“The recognition that perimeter-based cybersecurity has repeatedly failed to stop significant breaches; and a growing concern that an organisation’s data has become a magnet for a ‘hacking growth industry’ using social engineering and other forms of advanced persistent threats that bypass perimeter defences and standard security protocols.”

Harvey said data was the new currency.

“Whether you’re talking personal records, credit details, medical records, blueprints to a proprietary device – data is valuable to criminals and other actors,” he said.

“Everything from Snowden to the major retail breaches is confirming that cybersecurity has been focusing on the wrong thing, working from the outside to the inside, instead of the other way around.

Massive amounts of money were still being spent on firewalls, access monitoring and the like, when, frankly, the data itself is often walking right out the door and into the wrong hands, Harvey said.

“As a digital economy and society, we urgently need to adopt a ‘data-centric’ model and move away from the illusion that perimeter security is working.” Vormetric, which has more than 1300 customers in 20 countries across banking, healthcare and government, is already working with a range of partners in A/NZ.

Harvey said adopting a data-centric model challenged the complacency, and even the culture, of many organisations.

“Almost any organisation will readily admit that data is its most valuable asset, often its crown jewels,” he said.

“This data may even be encrypted. But if you ask who’s holding the encryption keys to that data, you’ll frequently find that either people don’t know or that the keys are all in the hands of one person.

“If that’s the case, you might as well not have encryption, because your data is fundamentally insecure if you don’t have proper key management. \

“While privileged users are vital to the operation of any network, and are usually deserving of trust, the stakes are too high – you don’t ever want your privileged users to be free to pillage your data.”

2014 ARN Women in ICT Awards - Nominate Now!: Nominations have opened for WIICTA 2014 and will stay open until October 22. But don't be late, be among the first in and NOMINATE NOW!!!

Tags vormetricDamian Harvery

More about OracleVormetric

ARN Directory | Distributors relevant to this article

ARN Directory | Vendors relevant to this article

1 Comment

BaysNet

1

As the network security paradigm shifts the emphasis has to be back to a data centric security model of encrypting all data and then managing the keys becomes the next challenge. If the darknet guys can do it so too can enterprise IT.

Comments are now closed

 

Latest News

01:38PM
Google Nexus 9 pre-sales start at $479
12:56PM
Xero: Larking about, Kiwi style...
11:39AM
World's most powerful life sciences supercomputing facility to stay in Victoria
11:18AM
Nextgen Networks appoints former AAPT exec as new MD
More News
21 Oct
NewLease & Red Hat Breakfast Briefing (Melbourne)
21 Oct
DCIM Solutions Architect
22 Oct
NewLease & Microsoft Technical Sessions
23 Oct
NewLease & Red Hat Breakfast Briefing (Sydney)
View all events