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Craxel
Black Forest Digital Trust Platform Setting a New Standard for Digital Trust
C Donald Robinson, CEOThe ideal solution to enable data value creation is an easily scalable data infrastructure that eliminates both asymmetric risk and privacy risk while making information rapidly accessible to only those that should have it. “The wake of continuous data breaches and other nefarious activities have eroded digital trust. This uncertain environment today will force organizations to redefine how they protect sensitive data,” says Donald Robinson, CEO of Craxel.
This is precisely where Craxel comes in with a market-ready secure data trust platform backed by searchable encryption: the Black Forest Digital Trust Platform (BFDTP). The BFDTP introduces the only high-performance production-ready database with breakthroughs in searchable encryption, to enable organizations to encrypt data when it is created and store it in a fully encrypted form in the cloud, or on-prem, without sharing the keys with the data platform. However, enterprises can search the encrypted data without decrypting it. As a result, if an attacker breaches this platform, the only thing they get is encrypted data, which eliminates the asymmetric risk. Robinson goes on to say, “Now enterprises can de-risk their digital transformation initiatives. Loss of data control and exposure in the cloud no longer needs to delay useful cloud migrations.” BFDTP also provides more cost-effective opportunities to improve on legacy ecosystems. Maintaining compliance with dynamic privacy and security regulations becomes easier and cheaper because encrypted data is easier to secure than putting porous moats around legacy databases.
Craxel developed this platform by first developing new mathematical techniques to index records in multiple-dimensions. This innovation led to an entirely new distributed data management architecture that could achieve a massive scale.
By rewriting some of the decades old theory on databases, we revolutionize the way information is managed and secured and thus, keeps organizations’ information safe, accessible, and trustworthy at an incredible scale
Craxel has tested millions of transactions per second on 33 simple cloud VM’s. Recognizing the potential of low latency, highly scalable transactions, Craxel added innovations around massively parallel consensus to create resiliency in the data layer and keep replicas in sync across different datacenters with millisecond latency. The unique combination of these innovations means that strongly encrypted records can now be indexed and searched at a massive scale, with maximum resiliency, while still mitigating advanced attack vectors like inference attacks. “We built this platform from the ground up to solve some of the most daunting issues in data security and analysis today. By rewriting some of the decades-old theory on databases, we revolutionize the way information is managed and secured and, thus, keeps organizations’ information safe, accessible, and trustworthy at an incredible scale,” says Robinson. Craxel is currently proving out the breadth of these capabilities by designing new information-sharing capabilities and incorporating support for artificial intelligence into their platform to provide more opportunities to monetize data and securely exchange information.
As enterprises struggle with asymmetric risk in initiatives such as cloud migration and privacy regulations, Craxel has found use cases across different verticals for organizations seeking a competitive advantage in the new digital economy. Robinson cites the example of an organization struggling with GDPR: “Our client needed to simplify compliance with many international regulations while mitigating data privacy risk with the scale required for worldwide operations.” Similarly, in a separate client in financial services, Craxel’s BFDTP’s cryptographic compartmentalization of data, along with its massive scalability, enables a global bank to provide security, regulatory compliance, and limit data exposure while hosting their mission-critical data in a cloud infrastructure. “With their near-term pain of data security and exposure relieved today, now the client can focus on their strategic innovations they need to implement,” says Robinson.
“Looking ahead, our vision is to deliver a robust data platform with data security, scalability, and resilience built in a way that has never been done before to relieve the tactical pain-points of our clients so they can focus on the future,” states Robinson. The status quo of letting hackers have the upper hand in data breaches can now be a thing of the past.
Company
Craxel
Management
C Donald Robinson, CEO
Description
Craxel comes in with a market-ready secure data trust platform backed by searchable encryption: the Black Forest Digital Trust Platform (BFDTP). The BFDTP introduces the only high-performance production-ready database with breakthroughs in searchable encryption, to enable organizations to encrypt data when it is created and store it in a fully encrypted form in the cloud, or on-prem, without sharing the keys with the data platform. BFDTP also provides more cost-effective opportunities to improve on legacy ecosystems. Maintaining compliance with dynamic privacy and security regulations becomes easier and cheaper because encrypted data is easier to secure than putting porous moats around legacy databases
Craxel News
Craxel Taps Former CIA Executive Brian Hack to Join Advisory Board
"We are incredibly honored to welcome Brian to our team of advisors, especially during this time of tremendous growth at Craxel," said David Enga, Craxel Founder and CEO. "Brian's deep experience in and knowledge of critical national security challenges and emerging threats will have a significant impact as we continue to build relationships with the intelligence community. His ability to amplify our message about our unprecedented Black Forest™ breakthrough technology will help drive business growth."
During Hack's distinguished 37-year career at the CIA as a strategic leader, technologist, and collaborator, he was responsible for driving innovation through information technology solutions, furthering national security objectives, and protecting the nation's most sensitive information. His deep knowledge of critical big data challenges and leading-edge technology make him a highly sought-after expert in the tight knit intelligence community.
"I am very excited to join the Craxel Advisory Board and look forward to facilitating strategic connections that will further address current and emerging national security needs," said Hack. "In mission critical settings, lives depend on rapid access to the latest information. Craxel's powerful Black Forest technology, which gives organizations the ability to receive and assess threat data in milliseconds rather than hours, must be thoroughly explored by the intelligence community as the next breakthrough to meet our nation's most urgent intelligence operations."