FREDERICK, MARYLAND – Fornetix, Inc., an industry pioneer in enterprise encryption management technology, announces the appointment of Richard C. Schaeffer, Jr. to the company’s Board of Directors. Mr. Schaeffer is a former Senior Executive with the National Security Agency (NSA) and brings over 40 years of experience from roles throughout the defense and intelligence communities. His career includes extensive leadership, management, and technical expertise in the areas of information security and assurance, helping to safeguard many of the nation’s most critical and sensitive assets.
When considering the intersection of Roots of Trust and the accessibility of services provided by cloud architecture, reliable options quickly become scarce. That is why we at Fornetix are excited to see nCipher launch their “nShield as a Service” (nSaaS) offering. With the combination of Internet of Things (IoT) based technologies and the embracing of “as a Service” cloud capabilities, there is a growing need for HSM services that can be provisioned and integrated with cloud principles while not belonging to a specific cloud vendor. At Fornetix, we built our technology to play to the middle, enabling public, private, and hybrid cloud solutions. We are excited to see nCipher’s nSaaS solution parallel our own. We believe the joint approach will help customers embrace effective use of cryptography no matter how they use technology, whether it be cloud first/cloud native, hybrid cloud, or private cloud.