Utimaco Advances Data Leakage Protection Capabilities with Expanded Insider Data Breach Tracking
Helps Enterprise Customers Meet Aggressive Red Flag Rules Compliance with Unsurpassed Protection Against Data Loss, Theft
Oberursel, Germany, Sept. 9th, 2008 / Utimaco – In time to help financial services companies meet exceedingly rigid “Red Flag Rules” for protection against data loss, Utimaco, The Data Security Company, unveiled SafeGuard PortProtector 3.30, which gives IT and security managers unparalleled visibility into where critical data and files are transferred and to whom.
SafeGuard PortProtector now enables file shadowing¬, thereby tracking copied files moved to or from any form of removable media. Collected shadow files are stored compact and securely on a central server and are available for review by authorized administrators. Security breaches can be identified immediately and evidence collected against any potentially malicious insider.
The new version also features enhanced load balancing and fine tuned role-based administration options that allow multiple administrators to direct security policies for the enterprise, giving customers increased flexibility in managing their data leakage protection strategy.
Utimaco’s unveiling of SafeGuard PortProtector 3.30 comes at a crucial time for enterprise customers, particularly in the financial services vertical. With federal regulators increasingly eager to clamp down on identity theft, new Red Flag Rules have been established to impede thieves and reduce instances of fraud.
According to the Red Flag Rules, all financial institutions and creditors must provide written proof to federal regulators that they have a rigorous identity theft prevention program in place to detect and prevent identity theft associated with the opening of new customer accounts. With an increased emphasis on authentication, these new compliance mandates are especially challenging for customers who are unable to track what content has been placed by whom and on what device. Essentially, it’s impossible to know if data has fallen into the wrong hands if it cannot be tracked. And Utimaco is meeting this challenge head-on with SafeGuard PortProtector 3.30.
“Given the increasingly complex regulatory landscape that financial services customers are operating in, the new SafeGuard PortProtector allows organizations to be aware of who is accessing what and when - with all the documentation needed for compliance regulations,” said Malte Pollmann, Chief Product Officer, Utimaco. “The introduction of SafeGuard PortProtector 3.30 is a strong signal to the market that once again Utimaco is delivering contemporary security solutions that our customers need now.”
About SafeGuard PortProtector
SafeGuard PortProtector is designed to prevent accidental and malicious information leakage. It monitors real-time traffic and applies customized, granular security policies for all types of interfaces and external storage devices. SafeGuard PortProtector detects and allows restrictions of device type, model or even specific serial number. For storage devices SafeGuard PortProtector enables administrators to block all storage devices completely, permit read-only or encrypt all data on devices. In addition, administrators can monitor, block and/or log files that are written to or read from these devices.
About Utimaco Safeware AG – The Data Security Company.
Celebrating 25 years in business, Utimaco is a leading global provider of data security solutions, enabling mid- to large-size organizations to safeguard their data assets against intentional or accidental data loss, and to comply with privacy laws. Utimaco’s complete range of data security solutions provide full 360 degree data protection for data at rest, data in motion and data in use. Utimaco offers its customers comprehensive on-site support via a world-wide network of certified partners and subsidiaries. Utimaco Safeware AG, with headquarters in Oberursel, near Frankfurt, Germany, is listed on the Frankfurt Stock Exchange (ISIN DE0007572406). For more information please visit www.utimaco.com.
Additional information:
Utimaco Safeware AG –
The Data Security Company.
http://www.utimaco.com/press
http://www.utimaco.com
Rieke Bönisch
Tel: +49 (0)6171 88 – 12 10
E-Mail: rieke.boenisch@utimaco.de
Media Contacts:
Version 2.0 Communications
Rob Halpin
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