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TRACESECURITY ANNOUNCES NEW ENCRYPTION TOOL TO PROTECT DATA IN TRANSIT ACROSS NETWORKS

New Encryption Tool TraceTunnel Compatible With SYMITAR Platform, The Most Widely Used Core Processing Platform by Credit Unions

BATON ROUGE, La. , (Mar. 5, 2007) – TraceSecurity, a leading provider of on-demand security compliance management solutions, now offers TraceTunnel for customers of SYMITAR™, the most widely adopted core processing platform by America’s credit unions. TraceTunnel is a data encryption tool designed specifically to protect data in transit across a network to ensure secure communication.

TraceTunnel enhances the security of SYMITAR’s products such as Episys and Symulate while remaining transparent to the end user. It sets up transparent encrypted sessions, creating individual one-to-one communications channels between desktop computers and servers. TraceTunnel is password protected to control access and is highly customizable, allowing the user to determine which traffic to encrypt. The tool also helps credit unions comply with the data encryption standards set by NCUA and GLBA.

SYMITAR customer, Kelley Ferguson, A.V.P. of Network and Security Services for Numerica said, "Now that TraceTunnel encrypts and secures the connections to our host system, I can rest assure that our member data is not being compromised on the network. In addition, the initial installation was easy and painless. Without any additional training, we now have the ability to use TraceTunnel not only to encrypt SYMITAR traffic but other applications as well.”

 Without data encryption, securing information sent over Intranets would be impossible. This means that sensitive customer data could be intercepted and viewed by any experienced hacker. TraceTunnel encrypts and scrambles all information in transit, so only the intended computer can decipher the data. The data could still be intercepted, but because of the encryption, the information cannot be deciphered. TraceTunnel also helps credit unions protect their members from identity theft and protect themselves against legal liabilities and compliance issues.

“For years SYMITAR customers have looked for a solution that could encrypt traffic; we are pleased to be the ones to bring this solution to them,” said Jim Stickley, CTO of TraceSecurity. “TraceTunnel is a simple, but a very effective solution that can protect member data from both insider attacks and potential hackers outside the institution.” 

“Encryption is an essential component of any security plan for organizations that handle sensitive data. Security breaches and regulatory requirements have forced credit unions to improve security practices to protect their members and themselves by implementing cost-effective, practical data security solutions.”
  
TraceTunnel is compatible with all network environments and supports all major OS platforms including Windows, AIX, multiple versions of Unix & Linux and Mac OSX. TraceTunnel can also be run on Citrix server. TraceTunnel is available now, with prices starting at $1000 per server.

About TraceSecurity
TraceSecurity is a leading provider of on-demand security compliance management solutions. The company’s patent-pending enterprise solution, TraceSecurity Compliance Manager, helps customers satisfy national and international data security compliance requirements mandated by such regulations as GLBA, Sarbanes-Oxley, and HIPAA. The software’s patent-pending technology automates vulnerability testing, policy management, employee education and board-level reporting. More than 500 global enterprises in the financial services, insurance, healthcare, government, manufacturing and services industries rely on TraceSecurity to continually test and improve the physical and virtual security of their companies. Headquartered in Baton Rouge, La. , TraceSecurity maintains offices in Dallas, TX; Portland, Ore. ; Cupertino and San Diego, Calif. , and Salt Lake City, UT. The company can be reached by phone at 800.599.6077 or on the Web at www.tracesecurity.com.

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Disclaimer: SYMITAR and all its related SYMITAR trademarks are trademarks owned by Jack Henry & Associates, Inc. All intellectual property rights to the SYMITAR software are owned by Jack Henry & Associates, Inc. TraceSecurity is not associated or affiliated with Jack Henry & Associates, Inc. in any manner.

 

FOR IMMEDIATE RELEASE:
David Splivalo
Freestyle Public Relations
515-223-4343
david@freestylepr.com

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