Vera Unveils First Data-Centric Security Solution with Multi-factor Authentication

PALO ALTO, CA--(Marketwired - May 23, 2017) - Vera (vera.com), the leader in data-centric security enabling businesses to secure, track and share any type of digital information, today announced support for multi-factor authentication (MFA) solutions by Duo Security, RSA SecureID and Twilio. Vera's ability to enable MFA augments its existing support for leading identity management (IDM) solutions including Okta, Microsoft, Ping, Centrify, OneLogin and other IDM solutions supporting SAML, OAuth or ADFS. With this added functionality, Vera completes its mission to enable 360-degree, real-time access control to mission critical information, regardless of location.

"We're making multi-factor authentication dynamic, user-friendly and highly context-aware," said Prakash Linga, CTO and co-founder of Vera. "Providing the right level of protection to enterprise data is critical to a successful information security strategy, and it's key to complying with regulations like the NY DFS and the EU GDPR. Furthermore, the ability to layer context-driven authentication to specific files and emails lets companies appropriately protect their information wherever it travels."

In a world where the frequency and scale of data breaches are rapidly accelerating, the need for better, more sophisticated ways to protect data confidentiality is increasing. According to the recently released 2017 Verizon Data Breach Report, 81% of hacking-related breaches leveraged stolen and/or weak passwords. By ensuring that an enterprise's most valuable intellectual property, personnel files, and customer data is protected by dynamic and multiple factors, security teams can prevent access to content even when certain credentials have been compromised by a reused, phished, or otherwise exposed password.

With Vera's native solution and newly supported multi-factor authentication, enterprises will be able to:

• Secure classified data with one or more factors: Dynamically add one or more context-aware factors to authenticate users accessing highly sensitive content.
• Integrate with RSA SecureID, Duo Security, and Twilio: By supporting these and other modern multi-factor authentication solutions, Vera makes it easy to extend their protections to data directly.
• Enforce User Identity and Access Control: Provide additional assurance and protection against compromised credentials due to weak or shared passwords.
• Protect Sensitive, Classified Data: Automatically label, secure, and track valuable information according to the organization's data classification policy and protect against data loss.

"Every business in operation today must uphold the highest standards for confidentiality, access control and security awareness around confidential data," said Tom Conklin, Senior Director of Security and Compliance at Vera. "As companies move to low friction single sign-on, it increases the risk that phishing attacks could lead to multiple systems being compromised. By enabling multi-factor authentication directly on specific sensitive sets of data, Vera can stop sophisticated hackers with compromised credentials from accessing data."

With a rapidly growing customer-base and over $50M in venture funding including a recent $15M strategic investment by Hasso Plattner Ventures, Vera is gaining mass enterprise adoption by strongly securing critical information assets and providing 360-degree audit trail and chain of custody visibility required by global risk and compliance officers. The company will be a leading sponsor (Booth #1028) of the premier gathering of security, risk and business continuity management leaders at the Gartner Annual Security & Risk Management Summit. To learn how Vera provides strong security, full visibility with zero end-user friction, request a meeting at the event by visiting www.vera.com.

About Vera
Vera is the leading next-generation data security company enabling businesses of all sizes to secure, track and share any kind of data, no matter where it's stored or located. With robust policy enforcement, strong encryption and strict access controls, Vera's data-centric security solution enables employees to collaborate freely while ensuring the highest levels of security, visibility and control. For more information, visit www.vera.com