IronKey, a provider of data security software and hardware products managed through cloud-based services, announced a partnership with Imation Corp., a provider of data storage and security products, in which Imation will acquire the security hardware component of IronKey’s business and the two will team to offer IronKey online security services to enterprises, financial institutions, governments and consumers.

IronKey Trusted Access Platform service is used by financial institutions to prevent online banking fraud and achieve compliance with new Federal Financial Institutions Examination Council (FFIEC) guidelines, according to Arthur Wong, IronKey’s CEO. Under the agreement, IronKey will make its cloud-based security services available to Imation, whose customers will gain access to a growing set of capabilities to manage mobile devices, encryption, security policies, fraud prevention and virtualized applications.

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