18+ Encryption Key Management Software
2. Azure Key Vault
3. AWS Key Management Service (KMS)
4. Keyfactor Command
5. HashiCorp Vault
6. AWS CloudHSM
9. Akeyless Vault
10. Box KeySafe
12. Salesforce Shield
15. Thales Data Protection
16. Equinix SmartKey
17. Google Cloud HSM
19. Thales Hardware Security Modules
What Is Encryption Key Management Software?
Encryption key management software is an encryption software where cyber security teams manage and handle the administrative aspects of encryption keys. Through the software, administrators of the software can grant encryption keys to specific users who are allowed to access to highly-sensitive encrypted data and information.
Encryption key management software helps companies keep track of their users who are granted access to the encrypted data of their company database for full transparency and accountability. In any case of an unauthorized breach, companies can easily trace back on which encryption keys are used to grab sensitive data without permission. As sensitive information is usually stored in the software, the sensitive information is encrypted and won’t be accessed by users who don’t have such privileges.
The software also helps IT and cyber security teams to ensure that they manage the storage of sensitive information securely with its encryption capabilities. The software also helps teams to properly manage their sensitive information effectively. The software also provides backup software tools that ensure that sensitive data won’t be lost no matter what happens to them, preventing data loss that can compromise the company’s operations.
Encryption key management software should provide compliance management software tools where the software can help companies comply with regulation laws on data privacy. The software should also be able to allow administrators to generate and grant encryption keys to authorized users who are allowed to access the encrypted data. The software should also include storage where encryption keys are stored. The software should also be able to have backup capabilities for sensitive data to prevent data loss.
The software should also contain cyber security software tools to help make the encryption secure. The software should also have security policy management software tools to provide users with what they can and cannot do with the encrypted database.
- Compliance management tools
- Generate and grant encryption keys to authorized users
- Storage for encrypted keys
- Cyber security tools
- Security policy management tools
Top 10 Encryption Key Management Software
Lockr helps companies protect their websites with their key management software that is highly reliable and affordable. Lockr has 3 employees and earns annual revenue of $600,000.
2. Thales Data Protection
Thales Data Protection’s data protection software enables companies to protect their sensitive data securely and effectively. Thales has 80,000 employees and earned a revenue of €17 billion in 2020.
3. Equinix SmartKey
Equinix SmartKey provides data security management software that allows them to manage their sensitive data and information securely with simple tools included. Equinix has 10,013 employees who earned a revenue of $5.998 billion in 2020.
4. HashiCorp Vault
HashiCorp Vault helps companies manage and encrypt their classified company data and protect them as sensitive data with its encryption key management capabilities. HashiCorp has 1,588 employees and earns annual revenue of $156 million.
Egnyte provides a unified security management system to help companies manage their high-risk data securely and effectively. Egnyte has 716 employees and earns annual revenue of $103.8 million.
6. Keyfactor Command
Keyfactor Command provides companies with certificate lifecycle automation software that allows companies to automate their security capabilities with reliable results. Keyfactor has 147 employees and earns annual revenue of $21.3 million.
ManageEngine provides companies with comprehensive IT management software that helps enterprises to manage their sensitive data effectively. ManageEngine 127 employees and earns annual revenue of $18.4 million.
8. Box KeySafe
Box KeySafe enables companies to manage their encryption keys effectively that allows them to store sensitive information. Box has 67 employees and earns annual revenue of $15.2 million.
TokenEx helps secure users’ sensitive data with their data protection software that safeguards sensitive data effectively. TokenEx has 43 employees and earns annual revenue of $6.2 million.
Vormetric’s data security software enables companies to protect their sensitive data better with a simple, centralized set-up.
What makes encryption key management software different from other encryption software?
While both software has similar encryption capabilities and can protect classified and sensitive data effectively, a generalized encryption software does not contain tools that generate and manage encryption keys as well as its distribution that defines the encryption key management software.
Can users back-up sensitive data stored in the encryption key management software?
Yes. The encryption key management software contains backup capabilities that allow users to back-up sensitive data to prevent data loss in case something goes wrong with the software and its encrypted database.
How much does encryption key management software cost?
Pricing for encryption key management software is usually customized, with each software offering different subscription tiers that offer more features as the prices increase. Pricing for encryption key management software varies depending on the features available and the intended target companies. Small companies may benefit from low-cost encryption key management software while large companies may benefit from high-cost software.
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