AlgoSec Brings Automated Basel II Compliance Report to Its Firewall Operations and Security Risk Management Solutions;

* Reuters is not responsible for the content in this press release.

Tue Apr 7, 2009 9:01am EDT

  RESTON, VA, Apr 07 (MARKET WIRE) -- 
AlgoSec, the leading provider of Firewall Operations and Security Risk
Management solutions, today announced that it has developed a solution to
help in compliance with Basel II. The audit-ready Basel II report further
bolsters AlgoSec's regulation and compliance solutions which also include
out-of-the-box compliance reports for ISO 27001, PCI DSS and SOX.

    A revision to the original 1988 international bank capital accord (Basel
I), Basel II is focused on improving the consistency of capital
regulations internationally, making regulatory capital more risk
sensitive, and promoting enhanced risk-management practices among large,
internationally active banking organizations. Out-of-the-box reports that
specifically address these attributes, and are part of a larger firewall
operations and security risk management solution, are vital to enterprise
networks which contain and communicate sensitive banking data.

    The latest turnkey offering enhances the AlgoSec Firewall Analyzer (AFA)
product suite, which helps users automate complex and time-consuming
aspects of firewall, router and VPN administration. Streamlining
operations, reducing risk and ensuring adherence with industry and
corporate regulations, AlgoSec's firewall and VPN analysis software
solutions work across all available platforms from the leading three
enterprise firewall vendors: Cisco, Check Point and Juniper/NetScreen.

    "At AlgoSec we strive to intelligently automate what were traditionally
manual, labor- and time-intensive tasks surrounding firewall compliance
and administration. As part of this we have created audit-ready reports
for key government and industry mandated standards. Our latest
out-of-the-box report for Basel II does just that -- automatically
analyzes the firewall configuration relative to the standard's
requirements. Our reports, which also include turnkey solutions for PCI,
SOX and ISO27001, offer a comprehensive solution that provide
organizations with significantly faster turnaround, a higher accuracy
rate and adherence to each standard's major technical requirement," said
Dr. Avishai Wool, AlgoSec CTO and co-founder.

    The AlgoSec Basel II compliance report precisely follows the reporting
requirements of the standard based on Cobit. The compliance report answers
the requirements that apply to an organization's firewalls -- which are a
central part of any organization's Information Security Management System
(ISMS).

    For more information on Basel II, ISO, PCI DSS and SOX compliance and to
view screenshots and sample reports please visit:
http://www.algosec.com/en/solutions/security_compliance.php

    About AlgoSec

    AlgoSec is the leading provider of Firewall Operations and Security Risk
Management solutions. AlgoSec's(R) exclusive technology is optimized for
enterprises, MSPs, auditors and consultants to quantifiably increase their
operational effectiveness. More than 300 leading organizations have
selected AlgoSec's products -- AlgoSec Firewall Analyzer and FireFlow(TM)
-- to intelligently automate what where traditionally manual, time- and
labor-intensive tasks surrounding firewall, router and VPN management.
This translates to significant cost savings and greater output for
organizations without increasing headcount. AlgoSec also allows IT
organizations to get more from their current infrastructures by extending
the lifespan of existing security devices.

    

Media Contact:
Matt Otepka
Email Contact
206-855-7826

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.