Entrust
| Industry | Online information and identity protection |
|---|---|
| Founded | 1994 |
| Headquarters | Dallas, TX, United States |
| Number of locations | 15 |
| Key people | Bill (F. William) Conner; President and CEO |
| Services | Public key infrastructure, Secure Socket Layer certificates, multifactor authentication, fraud detection, digital certificates and mobile authentication |
| Employees | 350 |
| Divisions | CygnaCom Solutions |
| Website | www.entrust.com |
Entrust Inc. is a $100 million privately owned software company with 350 employees. It provides identity-based security software and services in the areas of public key infrastructure (PKI), multifactor authentication, Secure Socket Layer certificates, fraud detection, digital certificates and mobile authentication.[1] Headquartered in the Dallas-Fort Worth Metroplex, the company’s largest office is in Ottawa, Ontario, Canada. It also has offices in London, Tokyo, Washington, D.C. and other cities internationally.[2]
Entrust reports having customers at public and private organizations in 60 countries, with 125 patents either granted or pending in the areas of authentication, physical/logical access, certificates, e-content delivery and citizen identities.[3]
Entrust lists customers including the U.S. Departments of Energy, Homeland Security, State, Treasury and Labor; Citibank; Expedia.com; the FBI; Credit Suisse; SWIFT; the Government of the United Kingdom; Kingdom of Saudi Arabia Government; the United Arab Emirates; the Danish National Police; the Royal Bank of Scotland; NASA; the Federal Reserve Bank; Chase Manhattan Bank; the State of Illinois; Hotwire.com; the Quebec Ministry of Justice; and other government entities and business enterprises.[4]
Previously a publicly traded company, in July 2009 Entrust was acquired by Thoma Bravo, a U.S.-based private equity firm, for $124 million.[5]
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[edit] CEO Background
Current President and CEO Bill (F. William) Conner speaks regularly on global and national cybersecurity and infrastructure issues.
- In June 2011, he and Secretary of Homeland Security Janet Napolitano gave keynote addresses at the 2011 West Virginia Homeland Security Summit and Expo sponsored by West Virginia senator Jay Rockefeller. He later joined a panel discussion, "Protecting Your Business from Cyber Attacks & Crime and Privacy of Electronic Data," led by Karen S. Evans, National Director of US Cyber Challenge..[6]
- In May 2011, he gave opening remarks for a luncheon at Cards Middle East 2011 in Abu Dhabi. [7]
- In November 2010, he was invited to address global security and law enforcement officers at the 79th General Assembly of INTERPOL in Doha, Qatar.[8]
- In June 2010, he addressed the United Nations on global challenges in cybercrime.[9]
[edit] History
Gartner, an information technology research and advisory firm headquartered in Stamford, Conn., listed Entrust as a "leader" in its 2009 Magic Quadrant for Web Fraud Detection[10] released in February 2009. Based on organizations' fraud detection and multifactor authentication solutions, Gartner's Magic Quadrant for Web Fraud Detection placed Entrust in the leadership position for its capabilities in several non-biased categories.
In September 2008, Entrust participated in the ePassports EAC Conformity & Interoperability Tests in Prague, Czech Republic.[11] Facilitated by a consortium of the European Commission, Brussels Interoperability Group (BIG) and the European Commission Joint Research Centre, the Prague tests allowed European countries to verify conformance of their second-generation ePassports containing fingerprint biometric data protected by Extended Access Control functions, commonly referred to as EAC. Additional testing included verification of crossover interoperability between EAC inspection systems and ePassports from different countries.
Prior to it becoming a private-equity company Entrust was included on the Russell 3000 Index in July 2008.[12] In July 2007, Entrust contributed public key infrastructure (PKI) technology to the open-source community through Sun Microsystems, Inc. and the Mozilla Foundation. Specifically, Entrust supplied certificate revocation list distribution points (CRL-DP), Patent 5,699,431, to Sun under a royalty-free license for incorporation of that capability into the Mozilla open-source libraries.[13]
In July 2006, Entrust acquired Business Signatures Corporation,[14] a leading supplier of non-invasive fraud detection solutions, for $50 million (USD). From a GAAP accounting perspective, the total purchase price was approximately $55.0 million, including assumed stock options, transaction expenses and net asset value. Giving Entrust a West coast presence in Redwood City, Calif., Business Signatures was founded in 2001 by former executives from Oracle, HP and Cisco. It originally was funded by the Texas Pacific Group, Walden International, Ram Shriram of Google and Dave Roux of Silver Lake Partners. The company had just more than 40 employees before the acquisition.
Entrust acquired Orion Security Solutions, a supplier of public key infrastructure services, in June 2006.[15]
In mid-2004, Entrust acquired AmikaNow! Corporation's advanced content scanning, analysis and compliance technology.[16] Using highly sophisticated content analysis tools, the technology is designed to automatically analyze and categorize email message and document content based on the contextual meaning, not simply pre-defined word lists. Policies can be customized to suit the corporate environment and be automatically enforced at the boundary to help customers reduce business risk and help in their compliance with privacy and securities laws including HIPAA, Gramm-Leach-Bliley Act, Personal Information Protection and Electronic Documents Act and various U.S. Securities and Exchange Commission (SEC) regulations.
In April 2002, Entrust’s PKI technology served as the foundation for the prototype of what is now the United States Federal Bridge Certification Authority (FBCA). The Federal Bridge certificate authority is a fundamental element of the trust infrastructure that provides the basis for intergovernmental and cross-governmental secure communications. Acting as a trust conduit, the FBCA extends the benefits that agencies and government organizations achieve through the use of Public Key technology to a broader set of applications and transactions. Entrust's PKI serves as a core element of the Federal Bridge and demonstrates interoperability with all major FBCA vendors.
Through its acquisition of enCommerce in May 2000, Entrust combined authentication and authorization technologies in a single security infrastructure. In 1994, Entrust built and sold the first commercially available PKI to make it possible to manage the keys and certificates that enable encryption and digital signatures.
[edit] References
- ^ Entrust Profile, Hoovers, Inc. (subscription required)
- ^ Entrust global office locations, from Entrust.com
- ^ Entrust service areas and customer statistics, from Entrust.com
- ^ Entrust reported customers and statistics, from Entrust.com
- ^ "Thoma Bravo Completes Entrust Acquisition," Joint News Release, July 29, 2009
- ^ Entrust President and CEO Bill Conner Joins Senator Jay Rockefeller and Secretary Janet Napolitano at West Virginia Homeland Security Summit & Expo
- ^ Release about speech and Entrust's presence at Cards Middle East 2011
- ^ Speech transcript, Address to Global Security and Law Enforcement Officers, INTERPOL 79th General Assembly, Doha, Qatar, November 2010
- ^ Address to United Nations on global challenges in cybercrime, June 2010
- ^ "Gartner Names Entrust as 'Leader' in 2009 Web Fraud Detection Magic Quadrant". PR Newswire. Entrust. 9 February 2009. http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/02-09-2009/0004968555&EDATE=.
- ^ http://www.e-passports2008.org/exhibitors/
- ^ "Entrust added to Russell 3000 Index," Dallas Business Journal, July 3, 2008
- ^ "Entrust offers certificate technology to Mozilla," ComputerWorld Canada, July 25, 2007
- ^ "Entrust acquires Business Signatures for $50M," Computer World, July 20, 2006
- ^ "Entrust buys Orion Security Solutions," Washington Technology, June 15, 2006
- ^ "Entrust buys up AmikaNow!," Ottawa Business Journal, May 19, 2004
[edit] External links
- Main website of Entrust
- Entrust SSL certificates website
- Entrust company profile on LinkedIn
- Profile of President and CEO Bill (F. William) Conner on LinkedIn
- Profile of President and CEO Bill (F. William) Conner on ProfNet speakers website