Veeam Software’s patent involves a method for encryption key management in computer applications. It includes generating primary and derived keys, encrypting data, and storing it securely. The method ensures data protection and access control, with unique keys for different application instances and purposes. GlobalData’s report on Veeam Software gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Veeam Software, Hybrid cloud mgmt was a key innovation area identified from patents. Veeam Software's grant share as of January 2024 was 76%. Grant share is based on the ratio of number of grants to total number of patents.

Encryption key management for application backup with distinct derived keys

Source: United States Patent and Trademark Office (USPTO). Credit: Veeam Software AG

A recently granted patent (Publication Number: US11886301B2) discloses a computer-implemented method for secure key management in applications. The method involves generating primary keys using a cryptographic algorithm, encrypting them with derived keys from passphrases, and storing them securely for backup purposes. The system also allows for the addition or removal of passphrases, ensuring flexibility in key management. To decrypt the keys, users are prompted to provide corresponding passphrases, enhancing security measures. The derived keys are uniquely generated for each instance of the application, ensuring distinct purposes for different operations, thereby enhancing data protection.

Furthermore, the patent also covers a system and a non-transitory computer-readable medium implementing the method described above. The system includes a memory and a processor configured to execute the key management process, ensuring secure storage and retrieval of primary keys for backup instances. The processor can also manage passphrase additions or removals, providing users with control over key access. Additionally, the non-transitory computer-readable medium contains instructions for executing the key management operations, ensuring consistency and reliability in key handling. Overall, the patent aims to enhance data security by implementing a robust key management system that ensures encryption, decryption, and storage of keys in a secure and efficient manner, catering to various purposes within different instances of an application.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.