Peoples Savings and Loan Company leverages the visibility provided by Netwrix Auditor to strengthen data security and streamline compliance
IRVINE, Calif. – Netwrix Corporation, provider of a visibility platform for user behavior analysis and risk mitigation in hybrid environments, today announced that Peoples Savings and Loan Company uses Netwrix Auditor to gain control over access to sensitive data, minimize the risk of security compromise and pass IT audits with far less effort.
Peoples Savings and Loan Company is an Ohio-based firm that provides financial services. The company has to comply with federal and state government regulations because it stores and processes personally identifiable information (PII), including financial information about loans, transactions, credit history, etc. The company undergoes external IT exams every 18 months and IT audits every 12 months. Failure to comply with the required security controls could lead to a breach and expose the company to liability risks, so it was critical to gain visibility into all user activity across the IT environment.
After carefully evaluating a number of solutions, the company opted for Netwrix Auditor due to its powerful functionality and simplicity. The software enabled the company to achieve the following results:
- Robust security of sensitive data. The software delivers visibility into what is happening across the IT infrastructure and who has access to which files. With this information at hand, the IT team can quickly follow up on suspicious activity, such as numerous failed access attempts or manipulation of files during non-business hours, and ensure that users have access to only the data they need to do their jobs.
- Control over privileged users. When vendors access the internal systems for maintenance or employees do something outside their normal responsibilities or prohibited (for example, change settings, use the command prompt or launch a program that they do not typically run), the software records those sessions for later review by the IT team.
- Streamlined audit checks. Simply by printing out the reports and email notifications generated by Netwrix Auditor, the IT team can provide auditors with sufficient evidence that controls are in place and regularly monitored. Predefined reports and Interactive Search make it easy to address specific questions.
“With Netwrix Auditor, it takes me only 30–40 minutes per day to go through the reports to see if security policies are being followed and if anything requires my attention. Exams and audits go very smoothly. I can provide any required audit data and prove that information security controls have been in place at all times. It’s an easy-to-use solution that enormously simplifies security and compliance tasks,”said Bryan Baynes, Network Administrator at Peoples Savings and Loan Company.
“Keeping the IT infrastructure running and staying compliant is an incredibly effort-intensive task. Without profound visibility into user activity across the IT environment, it’s like trying to survive in a dark forest full of dangerous creatures — you simply don’t know what is happening around you, and you can’t assess your risks and be proactive,” said Michael Fimin, CEO and co-founder of Netwrix. “A comprehensive and precise view of the entire IT environment empowers organizations with knowledge about security gaps and suspicious activities, enabling them to act before an incident turns into a disaster.”
To read the complete case study, please visit:
About Netwrix Corporation
Netwrix Corporation was the first vendor to introduce a visibility and governance platform for hybrid cloud security. More than 160,000 IT departments worldwide rely on Netwrix to detect insider threats on premises and in the cloud, pass compliance audits with less effort and expense, and increase productivity of IT security and operations teams. Founded in 2006, Netwrix has earned more than 100 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S. For more information, visitwww.netwrix.com
The Business Continuity Institute
A worrying number of UK businesses have no formal plan to protect them from cyber attack and there has been no improvement from a year ago, according to a study conducted jointly by the Institute of Directors and Barclays.
The Cyber security: Ensuring business is ready for the 21st century report found that almost all companies (94%) think security of their IT systems is important, but only a little over half (56%) have a formal strategy in place to protect their devices and data.
The report shows that, despite a number of high-profile cyber attacks over the last year, more than one third (37%) of IoD members work in organizations without a formal cyber security strategy.
Given that the Business Continuity Institute's latest Horizon Scan Report identified cyber attacks and data breaches as the greatest concern to business continuity and resilience professionals, it is essential that organizations do more to protect themselves from such an incident, or equip themselves to respond to the likelihood that one should occur.
The new General Data Protection Regulation, which comes into effect in May 2018, will make organizations much more accountable for their customers' data, so the IoD and Barclays are urging business leaders to step up their preparations now. The IoD is calling on companies to increase cyber training for directors and employees, and run attack simulations, to make sure security systems are robust.
Stephen Martin, director general of the IoD, said: "This report has revealed that business leaders are still putting cyber security on the back burner."
Moving Intelligence into Action with Smart Factories
HANNOVER, GERMANY – The machines that make up a modern factory create more than just sweatshirts or submarines. They create lots and lots of data. This data can tell you everything from how efficient the machine is to how likely it is to break. For plant managers, being able to see and act on this data is key. It holds the secrets to new product introduction velocity, real-time and dynamic optimization, and productivity stats at the worker level. It even allows access to a so-called 'product pedigree' – so customers can track a product across the supply chain.
To help plant managers tap into that data, Cisco is introducing three new solutions to the Connected Factory portfolio. In doing so, we are laying the foundation for Industrie 4.0.; and our own Digital Network Architecture, or DNA, is powering it. Welcome to the next generation of smart manufacturing.
1. Time Sensitive Networking is now supported on the IE4000 Switch family: A new standard that protects the data and ensures those mission critical applications are running smoothly on the network. And, what you purchase today will work with new applications tomorrow.
2. Connected Asset Manager (CAM) for IoT Intelligence: Not looking for just another visualization tool? This one is unique. It can extract data from a variety of sources -- and tie together multiple existing data threads in the plant across today's legacy system siloes. Oh, and it's also open and analytic-engine agnostic. Reporting is easy -- just drag and drop data in a simple interface.
3. Industrial Network Director: Made with operators in mind -- not just IT. It gives factories full control of the plant network. You can also set-up faster and risk less downtime. Plus, it offers true plug-and-play functionality. Install your managed switch and rest assured that the proper security, settings, and functionality are set. No manual programming required.
Data must be actionable. Cisco Connected Factory brings the power of data across the manufacturing siloes of today. Our solutions provide full visibility, with a focus on three things:
- Simplicity: Use Cisco's trusted network to connect everything and get the most out of your factory floor.
- Security: Avoid the front page of the newspaper, our security solutions have you covered.
- Better intelligence: The more you know, the faster you can act. We get the information in the right hands.
As the leader in IT across multiple industries, our rich history gives us a unique lens into the manufacturing world. We understand that a smart network is necessary to get to the 'right' data, and we know the impact that kind of insight has into the business. Together, with our growing list of ecosystem partners -- Cisco can help manufacturers make the most of their factories.
Bryan Tantzen, Sr. Director, Manufacturing and Connected Industries, CISCO: "A recent survey by industry analyst firm ARC Advisory Group1 announced that Cisco is number one in worldwide marketshare for managed industrial switches. With customers moving to smart factories, we're rapidly outgrowing our competitors. Manufacturers can rest assured that Cisco's strength in manufacturing, along with decades of networking and security expertise in the enterprise, has uniquely qualified us to follow suit in the factory. With our leading industrial partners, we bring the best of IT and operational technology to the table. We make Industrie 4.0 a reality."
Kenny Tsang, Vice President Quality, Foxconn FG Group: "As a global technology industry leader that manufactures products for some of the world's most iconic brands, technological innovation is key to all aspects of our operations, including exploring ways to drive our Factory of the Future with quality and delivery excellence. We believe that Cisco offers the innovation and real-time visibility we need to help achieve our goals, while optimizing our operational efficiency across our plants."
Dirk Schlesinger, CDO, TÜV SÜD: "As a leader in the testing, inspection, and certification industry, we help our customers ensure the safety and efficiency of their elevators -- by a global network of experts, soon to be augmented by integrated and secure data-driven devices. The Connected Asset Manager for IoT Intelligence solution will help us to create a new service portfolio for SmartElevators, which will increase our operational efficiency and enable us to deliver an enhanced value proposition to our customers."
Caroline Dowling, President, Flex, CEC Communications Infrastructure & Enterprise Compute: "Using Connected Asset Manager for IoT Intelligence, we have been able not only to reduce our energy consumption, but also to realize a continual increase in those savings. As we continue to implement more of the capabilities of the software, we anticipate even greater operational efficiencies."
Ben Salama, Connected Operations Lead at Accenture Mobility, Part of Accenture Digital: "Hannover Messe is a great opportunity to demonstrate how manufacturers can take advantage of connected solutions developed specifically for their industry. Together with Cisco, we will be showcasing examples of how we have combined Accenture's experience in smart manufacturing with Cisco's Connected Factory infrastructure to help clients achieve tangible benefits from the Industrial Internet of Things."
Scott Rust, Senior Vice President, R&D, National Instruments: "National Instruments is committed to the creation of an open, high performance foundation for IIoT and Industrie 4.0 applications based on TSN. We have been participating with Cisco and others in standards bodies to define the technology and have had close collaboration in creating some of the first TSN-enabled industrial products. Our joint work enables our customers to combine Cisco TSN network infrastructure and NI TSN enabled industrial controllers to build their smart manufacturing systems and realize business outcomes faster."
Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
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1 1ARC Advisory Group, 'Industrial Ethernet Switches Global Market Research Survey' by Chantal Polsonetti and Harry Forbes, 2017
A shared commitment to the environment and low-cost green energy motivate a new tenant to choose its first outsourced data center provider
Seattle, Wash. – Sabey Data Centers announced today that it has signed a long term lease to provide mission critical space to 1st Security Bank of Washington at one of Sabey’s locations in Washington State.
The lease heralds the Mountlake Terrace, WA-based bank’s first commitment to migrate a portion of its computer operations into an outsourced data center. The bank had engaged in an extensive search across the Pacific Northwest to choose a data center provider.
Rob Rockwood, President, Sabey Data Centers, said, “We are delighted to welcome 1st Security to our financial services tenant community. As it happens we have a lot in common, including our steadfast belief in protecting our environment through the use of 100 percent sustainable hydroelectric energy, and our ability to customize our services to a specific customer’s requirements.”
The tenant was also attracted by the location’s low power rates, close proximity to the region’s power grid, and a mild climate ideal for efficient, evaporative cooling.
The bank has been serving customers in King, Kitsap, Pierce, Snohomish, Jefferson and Clallam counties since 1936 with 11 eleven neighborhood branches.
1st Security’s outsource move to the Sabey facility has recently taken place and is complete.
About Sabey Data Centers
With a portfolio of more than three million square feet of mission critical space, Sabey Data Center Properties is one of the oldest and largest privately owned multi-tenant data center owner/developer/operators in the United States. Sabey specializes in scalable, custom-built solutions including data center ready shell space and fully turnkey data centers managed by Sabey’s award-winning critical environment staff. Consistently recognized for its reputation for operational excellence through its world-class data centers and sustained uptime, Sabey is proud to provide data center services to many of the world’s top financial, technology and healthcare companies. http://sabey.com/datacenters/
About 1st Security Bank
1st Security Bank was rated as “The #1 Bank based in Washington” by Banker’s Caddy, an independent bank rating firm, as reported in the Puget Sound Business Journal in 2015.
1st Security Bank of Washington, member FDIC and Equal Housing Lender, provides loan and deposit services to customers at its eleven branches, and mortgage services at each branch as well as several other locations in the greater Puget Sound area and one in the Tri-Cities. FS Bancorp, Inc., a Washington corporation, is the holding company for the bank.
WAYNE, Pa. – Sungard Availability Services (Sungard AS) was among the select companies that Forrester invited to participate in The Forrester Wave™: Disaster-Recovery-As-A-Service Providers, Q2 2017. In this evaluation, Sungard AS was cited as a Leader in DRaaS.
Sungard AS received the highest score for Strategy and Current Offering among the 10 vendors included in the report. It was noted for its "wide range of physical and virtual infrastructure and storage area network (SAN)-based replication," as well as for its "BC [business continuity] consulting team to help customers identify business processes and technology elements at risk and develop a risk mitigation strategy." The report also cites Sungard AS's "continuity strategy and planning, risk assessment, and business impact analysis (BIA) services," as well as its future strategy, which includes "enhanced automation and orchestration of application-level recovery."
"In my view, this Forrester Wave™ report shows that we stand out for our large breadth of services not just in recovery, but also in consulting and additional services, such as Discovery and Dependency Mapping (DDM) and Assurance, our suite of continuity management tools," said Joseph George, vice president, product management at Sungard AS. "I believe that we also illustrated that we can recover to the application layer to complement the infrastructure OS and virtualization-level cloud-based recovery capabilities, another differentiator."
The Forrester Wave™ report evaluated 10 DRaaS providers on three categories divided into 26 criteria, including:
- Current offering: Core DRaaS offerings, recovery objective capabilities, technology support, security, self-service and management interface, and consulting services
- Strategy: Service strategy and corporate strategy
- Market presence: Installed base, revenue, revenue growth, geographic scope, customer feedback, and technology partners
The full report is available online at this link.
About Sungard Availability Services
Sungard Availability Services ("Sungard AS") is a leading provider of critical production and recovery services to global enterprise companies. Sungard AS partners with customers across the globe to understand their business needs and provide production and recovery services tailored to help them achieve their desired business outcomes. Leveraging more than 35 years of experience, Sungard AS designs, builds and runs critical IT services that help customers manage complex IT, adapt quickly and build resiliency and availability. To learn more, visit www.sungardas.com or call 1-800-468-7483. Connect with us on Twitter, LinkedIn and Facebook.