CLEVELAND--(BUSINESS WIRE)--Keyfactor, the identity-first security solution for modern enterprises, today announced it has won a Global InfoSec Award in the PKIaaS category from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. This is Keyfactor’s third consecutive year winning a Global InfoSec Award, and second consecutive year winning the Public Key Infrastructure-as-a-Service (PKIaaS) award. “We’re honored to be recognized by Cyber Defense Magazine as a Top Global InfoSec company for the third consecutive year,” said Jordan Rackie, CEO, Keyfactor. “PKI is critical for businesses looking to establish digital trust. Keyfactor’s 2024 PKI Digital Trust report recently uncovered when expired certificates caused outages, nearly half of organizations felt customer confidence (48%) and brand reputation would be impacted, with 37% reporting revenue loss. Now more than ever, organizations must turn to qualified partners to ensure the right tools are in place to properly secure and manage machine identities

CLEVELAND--(BUSINESS WIRE)--Keyfactor, the identity-first security solution for modern enterprises, today announced the appointment of Scott Meyerhoff as Chief Financial Officer. In this role, Meyerhoff will oversee Keyfactor’s global financial strategy and will partner with the company’s leadership team to operationalize the next cycle of corporate growth. According to research, cyber risks are a top five concern for 90% of C-level executives. Meyerhoff joins Keyfactor with decades of financial leadership experience in enterprise software. "Scott’s proven track record as a corporate finance leader is exceptional. What’s most impressive is his work with industry disruptive enterprise organizations, specifically guiding them through transformative and strategic financial milestones,” said Jordan Rackie, Keyfactor CEO

CLEVELAND--(BUSINESS WIRE)--Keyfactor, the identity-first security solution for modern enterprises, and Vanson Bourne today announced findings from the 2024 PKI & Digital Trust Report. With the National Institute of Standards and Technology (NIST) expected to finalize post-quantum cryptography (PQC) standards in the second half of 2024, this latest report explores present-day challenges that create barriers to building a strong foundation of digital trust. In particular, findings demonstrate that these barriers are only expected to worsen as organizations prepare for PQC.Cloud-based infrastructures, the increasingly connected world, and the expansion of online services have heightened the need for public key infrastructure (PKI) management, which plays a crucial role in establishing trust in digital communications and transactions. And yet, it’s clear that many IT teams still struggle with PKI. According to the report, nearly all organizations (93%) experience challenges with setting an effective PKI and certificate management strategy; despite this, most respondents self-reported PKI maturity. The findings indicate a disconnect between perception and reality: PKI is critical to digital trust