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Perspecsys to Address Data Residency Concerns and Tokenisation at CeBIT Australia


May 4, 2014 - Sydney, Australia

CeBIT Australia - Perspecsys, the leader in enterprise cloud data protection, today announced that it is part of a select group of partners exhibiting with Salesforce at CeBIT Australia. CeBIT Australia is the largest and most comprehensive annual gathering of industry, government and services in Australasia, attracting more than 32,500 visitors from around the world. Data compliance and regulatory issues associated with cloud adoption are anticipated to be a hotly debated topic at this year's conference, with many issues specific to the region discussed.

Despite its tremendous potential, many Australian enterprises face challenges when considering cloud adoption due to issues associated with jurisdictional control of data. As discussed previously in "Tokenisation and Data Residency: A Solution to a Global Cloud Adoption Problem," Australia and New Zealand are among the countries that have recently enacted regulations associated with data residency (sometimes called data sovereignty). Maintaining control over the location where regulated data and documents physically reside is critical and enterprises are discovering that sensitive information and data frequently cannot be stored outside of Australian/New Zealand borders. This can be problematic as many cloud providers are located in the US.

The Perspecsys AppProtex Cloud Data Control Gateway helps enterprises solve this issue by keeping sensitive data local and within full corporate control, even when adopting cloud services that may physically exist outside of the country. AppProtex enables organizations to use well documented and proven tokenisation techniques to protect information and ensure it remains within their control at all times. Tokenisation is an especially useful approach for organizations facing data residency and data sovereignty regulations because it ensures no sensitive data ever reaches offshore clouds, only irreversible replacement tokens.

"Data residency and sovereignty regulations appear as a roadblock to cloud adoption for many organizations that would benefit greatly from moving there, but that does not mean it's the end of the road," said David Canellos, CEO of Perspecsys. "AppProtex makes compliance not only possible, but easy and unobtrusive. Important cloud functions such as search and reporting are maintained, and the data control techniques deployed in the gateway are well aligned with applicable Australian/New Zealand legislation. We're currently helping leading organizations in Australia make their move to the public cloud, and we are looking forward to speaking with thought leaders at CeBIT about how we can help partner with them to enable unrivaled data control in the cloud."

Perspecsys will be exhibiting as a partner in in the Cloud EcoSystem area within Salesforce's stand, number G21, from May 5-7 during CeBIT Australia at Sydney Olympic Park. For more information on Perspecsys, tokenisation and data residency, please visit www.perspecsys.com.

About Perspecsys
Perspecsys Inc. is a leading provider of cloud data control solutions that enable mission critical cloud applications to be adopted throughout the enterprise. Perspecsys gives organizations the ability to understand how employees are using cloud applications and take the necessary steps to protect sensitive information before it leaves the network. By removing the technical, legal and financial risks of placing sensitive data in the cloud, Perspecsys makes the public cloud private. Based in Toronto, Perspecsys Inc. is a privately held company backed by investors, including Intel Capital, Paladin Capital and Ascent Venture Partners. For more information please visit www.perspecsys.com and follow us on Twitter @Perspecsys.

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