United Nations Federal Credit Union Selects Portauthority Technologies to Help Protect Its Members Data
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PALO ALTO, Calif. - Dec. 4, 2006 - PortAuthority Technologies, Inc.,(TM) the Authority in Information Leak Prevention (ILP), today announced that the United Nations Federal Credit Union (UNFCU), a financial services cooperative serving members in 210 countries and territories worldwide, has purchased PortAuthority's ILP solution to protect its confidential information and members' personal data.
With PortAuthority's technology, UNFCU can protect the privacy of its members' information and further its ability to comply with National Credit Union Association guidelines, as well as international regulations as it continues to expand overseas. UNFCU serves the staff of the UN, its specialized agencies, family members and retirees of the UN system globally, providing a broad array of financial products, services and solutions. Current membership exceeds 75,000 members.
"We evaluated the major players in this space, and selected PortAuthority because we needed a product that would not just log activity, but would also report it and enforce our policies," said Michael L. Walker, manager of Information Security at UNFCU. "The staff and technical resources of PortAuthority were responsive to our needs. We also liked the appliance form factor feature, which makes installation and roll-out easier."
PortAuthority Technologies is a growing leader in the ILP and Content Monitoring/Filtering markets. It delivers content-aware security solutions that reliably and accurately control the unauthorized distribution of sensitive information for data privacy, confidential information protection, and compliance with regulations such as Sarbanes-Oxley (SOX), the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry (PCI) Data Security Standard, and the Gramm-Leach-Bliley Act (GLBA). With more than 27 patents pending, only PortAuthority stops information leaks by continually monitoring internal and outbound communications and delivering policy enforcement in a real-time and accurate manner.
"We selected PortAuthority to add an additional layer to our ability to protect UNFCU member, corporate and staff sensitive information," continued Walker. UNFCU plans to undertake a complete PortAuthority ILP deployment during the first quarter of 2007.
"The United Nations Federal Credit Union is a dynamic financial services institution serving a growing membership, and we are pleased to be working with them to help further their data protection needs," said Ron DiBiase, PortAuthority Technologies VP of Worldwide Sales. "Customers are selecting PortAuthority as their information leak prevention solution of choice because it continuously monitors and audits their network traffic and enforces policies, which assures them that their data is secure and that they are more compliant with regulations important to them. No other product can accurately and comprehensively detect the sensitive information that PortAuthority can, even data that has been manipulated, reformatted, or modified. Our growing customer base is assured control of unauthorized communication of sensitive information and the ability to comply with regulations and internal policies."
PortAuthority Technologies' customers have confidence that their internal data is secure, both for privacy, regulatory compliance and intellectual property concerns. Unlike other industry solutions, PortAuthority Technologies' advanced algorithms use granular data matching techniques that are resilient to data manipulation. Studies and industry feedback confirm that its PreciseID(TM) technology delivers the industry's highest accuracy with the lowest false positives and false negatives. Organizations easily integrate PortAuthority Technologies' appliance with their existing solutions to preserve their investment, while gaining best-of-breed information leak prevention to ensure regulatory compliance.
About PortAuthority Information Leak Prevention Appliances
PortAuthority is the industry's first and only content-aware ILP solution to provide organizations with comprehensive protection for their data-in-motion, data-at-rest and data-in-use. Only PortAuthority allows companies to reliably, accurately, precisely, and selectively stop information leaks over outbound mail, web communications, internal email and networked printing to ensure data privacy, protection of confidential information, and regulatory compliance. Its features include real-time monitoring and reporting; granular policy management for selective blocking and enforcement; automated private data classification and protection for files, databases and endpoints; more than 150 pre-built policies and reports; "3 Clicks Manageability" for reporting and compliance; and plug-and-play appliances purpose-built for data security. It protects information in more than 370 file formats, the most in the industry, including structured and unstructured data, text, graphics, and CAD documents. In addition to native monitoring and enforcement, PortAuthority integrates with infrastructure systems and applications such as messaging and encryption gateways, web content-filtering gateways, directory services, data repositories and document management systems.
About PortAuthority Technologies
PortAuthority Technologies is the Authority in Information Leak Prevention, providing security solutions that reliably and accurately control the unauthorized distribution of sensitive information for data privacy, confidential information protection and true compliance. Using patented PreciseID(TM) technology, it is the only content-aware solution to provide comprehensive protection of data-in -motion, data-at-rest and data-in-use. With its 3 Clicks Manageability and automated identification and protection, PortAuthority delivers ease of deployment and the lowest cost of ownership.
PortAuthority ensures compliance with regulations such as GLBA, PCI, HIPAA, CA CC1798, PIPEDA and SOX by closing the gap between employee behavior and corporate and legal policies. The company started the industry's growing DATASEC Alliance(TM) program, which fosters interoperability with complementary technologies to jointly deliver the most comprehensive data protection and compliance solutions. PortAuthority Technologies is a privately held company backed by Greylock Partners, Lexington Ventures, New Enterprise Associates, and Sequoia Capital. The company is headquartered in Palo Alto, Calif., and has offices throughout the U.S. For more information, please visit portauthoritytech.com, or call 877-843-4879.
