CIEN Ciena Corporation

KB Kookmin Bank Selects Ciena Optical Encryption to Improve Data Security

KB Kookmin Bank, the largest financial institution in Korea, is taking steps to improve the security of customer data by deploying Ciena’s® (NYSE: CIEN) encryption capabilities for secure, high-capacity data centre interconnect (DCI). With Ciena, KB Kookmin Bank will be able to safeguard all data in-flight, giving customers the assurance that their critical information is protected at all times. The encryption solution protects KB Kookmin Bank’s data transmissions from its offices and enables secure data centre interconnect (DCI) between its data centers.

Key Facts:

  • A range of commonly used techniques exist today to protect data at-rest that secure servers, databases, routers, and switches by managing user access and credentialing. However, in today’s web-scale world, large amounts of critical data are in-flight and transported beyond the walls of the data center, traversing a larger, wide area network.
  • Ciena’s optical-layer encryption solution gives KB Kookmin Bank an additional level of protection and protects data in flight, as it leaves the private cloud and is transported between locations and data centers. Ciena’s solution adheres to local and international regulations and legislations, including the Federal Information Processing Standard (FIPS) 140-2 encryption certification.
  • Additionally, Ciena’s software-based MyCryptoTool gives KB Kookmin Bank a dedicated management user portal that allows end-users to remotely control all of the security parameters associated with their encrypted services.

Executive Comments:

  • “We are committed to providing the best possible service to our customers, which includes data protection and security. Ciena’s optical encryption solution provides an extra layer of protection and gives our customers the confidence to know their personal information is safe.”

    - Kim Ki-Hyun, CIO of KB Kookmin Bank
  • “Protecting mission-critical financial information and our customers’ data is vitally important to our business. Ciena’s encryption capabilities allow KB Kookmin Bank to provide the reliability, resiliency and performance its customers expect.”

    - Henry Kim, President and General Manager, South Korea at Ciena

About Ciena

Ciena (NYSE: CIEN) is the network specialist. We collaborate with customers worldwide to unlock the strategic potential of their networks and fundamentally change the way they perform and compete. Ciena leverages its deep expertise in packet and optical networking and distributed software automation to deliver solutions in alignment with its OPn architecture for next-generation networks. We enable a high-scale, programmable infrastructure that can be controlled and adapted by network-level applications, and provide open interfaces to coordinate computing, storage and network resources in a unified, virtualized environment. For updates on Ciena news, follow us on Twitter @Ciena or on LinkedIn.

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, as a result of risks and uncertainties, including those detailed in our most recent annual or quarterly report filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

EN
20/09/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ciena Corporation

Ciena Corp: 1 director

A director at Ciena Corp sold 6,800 shares at 92.935USD and the significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showi...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ciena Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 December 2024 in which we reassessed the appropriateness of the ratings in the context...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch