Press Release

 

Ingrian and Princeton Payment Solutions Deliver
Encryption Breakthrough to SAP Environments

Credit Card Data Can Now Be Encrypted in
SAP with Unprecedented Ease and Speed

REDWOOD CITY, Calif. and PRINCETON, N.J.—September 12, 2006—Ingrian® Networks, Inc., the leading provider of data privacy solutions, and Princeton Payment Solutions, a leading innovator in bringing payment software and services to ERP environments, today announced new, high-performance cryptographic capabilities for SAP applications. With their combined solution, the companies enable organizations with SAP applications to encrypt and fully secure their credit card data—and to do so with unmatched efficiency and performance.

Today, retail merchants, payment processors, and financial institutions, must guard against data thefts and validate compliance with credit card association data security guidelines such as the Payment Card Industry (PCI) Data Security Standard. To do so, these companies need to encrypt credit card data in applications and databases. Yet addressing this mandate is proving to be a significant challenge for many organizations, particularly those with SAP environments. While SAP R/3 provides encryption libraries, these libraries present performance and key management limitations that make them impractical for most organizations to deploy.

“We’re very pleased to be partnering with Ingrian as our combined offerings will offer tremendous value to our joint customers,” said Alex Chapman, VP of business development with Princeton Payment Solutions. “Organizations are increasingly storing sensitive payment data on SAP applications. By combining Ingrian’s hardware-based solution with our SAP integration capabilities and expertise, we enable customers to encrypt payment data in SAP with unprecedented simplicity and scalability.”

Ingrian DataSecure® Platforms are the only appliance-based encryption solutions available today that feature granular, field-level encryption capabilities and that can be integrated at the Web server, application server, or database layer. Princeton Payment Solutions' CardSecure® application is a software-based solution that brings tightly integrated encryption capabilities to SAP environments. By harnessing the combination of CardSecure’s tight integration with SAP and DataSecure’s dedicated hardware appliance, organizations gain a range of benefits:

1. Sophisticated key management capabilities—with all keys stored centrally and securely on the Ingrian appliance—offering security managers and system administrators a range of benefits, for example, the ability to perform ongoing key rotation without incurring any SAP downtime.
2. Robust security, offering strong access and authorization capabilities, secure data transfer, and more.
3. High performance cryptographic processing that takes place entirely on the Ingrian appliance—offloading all processing from the SAP platform, and minimizing the business impact of encryption.
4. Streamlined implementation, with centralized administration and policy management, capabilities for automating the conversion of legacy data, and native configuration via the SAP interface.

 

“Ingrian is committed to delivering its vital encryption solutions to as many markets and customers as possible,” said Karim Toubba, vice president of product management and corporate strategy at Ingrian Networks. “Toward that end, we’ve created both a product architecture and partner program that make it efficient for partners to leverage our technology. Our partnership with Princeton Payment Solutions provides a great example of how this approach benefits customers: together we can deliver unprecedented value and security to customers running their businesses on SAP.”

This partnership is enabled through Ingrian’s CHOICE architecture, which represents the technology and core values that Ingrian offers to its customers. CHOICE is a flexible, integrated approach that allows customers to not only implement the solution they need today, but to leverage their investment to address future security and technological challenges—whether by adding new capabilities offered by Ingrian or its partners. The hallmark of CHOICE is the Ingrian KeySecure™ ISV Program, which outlines the framework for third-party product integration, providing developers with an open, extensible, and flexible environment for enhancing security and ease of use. 

About Princeton Payment Solutions

Princeton Payment Solutions offers a range of products and services that enable organizations to improve the efficiency and security of payment processing in SAP R/3 environments, including enterprise resource planning (ERP) systems and retail automation applications. With their innovative suite of products, Princeton Payment enables organizations to automate credit card transactions, seamlessly integrate with the payment acceptance functionality in SAP, and to encrypt and secure the payment data in SAP. Ultimately, Princeton Payment improves the link between SAP-based businesses and their customers, making payment processing more efficient, more cost-effective, and more secure.

About the Ingrian ISV Partner Program

The Ingrian KeySecure program for ISV partners is based on the Ingrian CHOICE™ architecture. Ingrian CHOICE is a flexible, integrated approach allowing end-users to choose the solution they need today and then leverage their investment by adding solutions from ISV partners to further expand their security infrastructure. Ingrian CHOICE allows enterprises to address many of their data privacy related concerns through a combination of technology solutions and best practices. It is an architecture that enables compliance, encrypts data in business processes, and can adapt to the evolving nature of the threats that enterprises must combat on a daily basis. The KeySecure program offers several benefits to ISVs including joint marketing, lead referral support, training and customer support.

About Ingrian Networks

Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure platforms, organizations can protect critical data from both internal and external threats, and ensure compliance with legislative and policy mandates for security. DataSecure features a dedicated security appliance and specialized software that enables organizations to encrypt critical data in applications and databases. With its capabilities for granular encryption, seamless integration, and centralized security management, DataSecure enables organizations to guard against a range of security threats, with unparalleled ease and cost effectiveness. Ingrian is a privately held company backed by such investors as Globespan Capital Partners, HighBAR Ventures, Menlo Ventures, Partech International, and Prism Venture Partners. For more information, visit http://www.ingrian.com.

Princeton Media Contact
Alex Chapman
Princeton Payment Solutions
(203) 952-5715
alex.chapman"at"princetonpayments.com

 

Ingrian Media Contact

Betty Liang

Ingrian Networks

bliang@ingrian.com

650.261.2488