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NEW YORK, NY -- (Marketwired) -- 10/15/13 -- Vaultive today announced that the company's Chairman and CEO, Elad Yoran, will join Chris Soghoian of the ACLU and Jerry Archer, CSO with Sallie Mae, for a panel discussion on the impact of the NSA's PRISM program on the cloud industry. The panel is part of an event held by the NY Metro Chapter of the Cloud Security Alliance (CSA) on Thursday, October 17 from 6:00 - 9:00 p.m. at Verizon Terremark in New York. To register for the free event, please visit http://csanymetro.org/?page_id=673

Who:
Chris Soghoian, the Principal Technologist and a Senior Policy Analyst with the ACLU Speech, Privacy and Technology Project
Jerry Archer, Chief Security Officer with Sallie Mae
Elad Yoran, Chairman and CEO, Vaultive

What:
The ongoing disclosure of the extent of PRISM and other government programs, both domestically and abroad, has raised major privacy and confidentiality concerns for customers of cloud-based services. A recent CSA survey of 500 respondents found that 56% of non-US residents were less likely to use US-based cloud providers, in light of recent revelations about government access to customer information.

Companies have fiduciary obligations and other requirements to keep corporate data not only secure, but also private and confidential. In light of ongoing revelations, should companies be concerned about going to the cloud? What can businesses do to preserve the confidentiality and privacy of their data? Do the revelations raise the risk that new data residency requirements will restrict the use of cloud-based services?

The NY Metro Chapter of the CSA will be hosting an event to address these and other questions.

When:
Thursday, October 17; 6:00 p.m. - 9:00 p.m.

Where:
Verizon Terremark, 560 Lexington Ave.; 7th Floor, Room: Gramercy; New York

About Vaultive
Vaultive is a provider of persistent encryption gateways to retain ownership and control of cloud data. Vaultive's encryption secures data at rest, data in transit and data in use in a format that can be searched, sorted and indexed -- while the organization's IT department retains control of the encryption keys. This addresses the principal business challenges of migrating data to the cloud including data security, regulatory compliance, unauthorized data disclosure and access, and international privacy/ data residency regulations. Optimized for Microsoft® Office 365, the Vaultive platform supports best practices for the control and ownership of corporate data in the cloud as outlined by the Cloud Security Alliance. Vaultive has raised more than $10 million from leading venture capital firms .406 Ventures, New Science Partners, Harmony Partners and Security Growth Partners. For more information, visit www.vaultive.com or follow us on Twitter at https://twitter.com/vaultive.