With a pervasive banking network of over 5,430 branches and 15,292 Automated Teller Machines (ATMs) spread across 2,848 cities and towns in India, the bank fulfills the financial aspirations of individuals and businesses through its wide gamut of retail banking, corporate banking and treasury products and services.

As is the case with most 1 Asia-Pacific organizations that manage large volumes of business data, the bank had stored its data in diverse banking applications spread across multiple cloud environments.

While the bank’s cloud service providers (CSPs) like Microsoft Azure and Amazon Web Services (AWS) offered native encryption of the data stored by its cloud applications, the bank wanted to completely own the responsibility of data protection as mandated by India’s banking regulator Reserve Bank of India (RBI).

Offering seamless support for the BYOK APIs provided by cloud providers, CipherTrust Cloud Key Manager automates key lifecycle management, enables key generation, usage logging and reporting, and facilitates ‘keys decoupling’ by securely storing the keys separately from the encrypted data, thereby providing stronger controls over encryption key lifecycles for the data encrypted by the CSPs.

With on-premise hosting of CipherTrust Cloud Key Manager, the bank gained full ownership of their encryption keys resulting incomplete visibility on how their encryption keys were created, used, and managed in the cloud.