REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box (NYSE:BOX) today introduced Box KeySafe, the company’s new solutions for customer managed encryption, to provide organizations with independent control over their encryption keys without sacrificing any of the ease of use and powerful collaboration features of Box. Box KeySafe enables even the most security conscious businesses to centralize their most sensitive content in the cloud, driving new levels of productivity and faster business processes.

“Businesses of every size across even the most regulated of industries can now take full control of their data in the cloud with Box KeySafe,” said Aaron Levie, co-founder and CEO of Box. “Today, we’re making customer-managed encryption easier to deploy and more cost-effective than ever before, further raising the bar for security in the cloud.”

Box KeySafe is available in two offerings, giving customers choice and flexibility in selecting the right key management implementation for their organization. Introduced in February 2015 as Box Enterprise Key Management (EKM), the first Box solution leverages Amazon Web Services (AWS) and a dedicated hardware storage module (HSM) to protect keys used to encrypt sensitive data. Today, Box is introducing an all-new solution that integrates with AWS Key Management Service to ensure customers can control their encryption keys through a simple, software-based technology that doesn't require dedicated HSMs.

“The cloud has transformed how companies of every size, all over the world operate and interact with their employees, customers and partners,” said Terry Wise, Vice President of Worldwide Partner Ecosystem, Amazon Web Services, Inc. “Security is a top priority for us and the global enterprises relying on AWS. We’re thrilled to see Box expand the use of AWS’s security offerings to provide customers with a robust encryption key management solution through the AWS Key Management Service integration that’s affordable, easy to manage, and designed to meet the highest levels of security and regulatory compliance.”

Both Box KeySafe solutions deliver:

• Independent key control - Box can never access a customer’s encryption keys.
• Unchangeable usage policies and audit logs - Customers maintain exclusive control over key policies and usage logs to ensure proper access to encrypted data.
• Frictionless end user experience - Simple data access across devices and the hallmark collaboration, file preview, and content management functionality of Box’s modern content platform.

More than 54,000 paying businesses including 55% of the Fortune 500 and 41 million users trust Box as their platform for business productivity and enterprise collaboration.

Pricing and Availability

Box KeySafe with AWS CloudHSM is available today. Box KeySafe with AWS Key Management Service will be available next month. Pricing is determined based on the size of each customer deployment. For more information, please visit: http://www.box.com/keysafe.

About Box

Founded in 2005, Box (NYSE:BOX) is transforming the way people and organizations work so they can achieve their greatest ambitions. As the leading enterprise software platform for content collaboration, Box helps businesses of all sizes in every industry securely access and manage their critical information in the cloud. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com.