TRACESECURITY CELEBRATES 1,000TH CUSTOMER MILESTONE WITH ESL FEDERAL CREDIT UNION
Renewal Rates Exceed 95 Percent
BATON ROUGE, La. – (July 28, 2009) – TraceSecurity Inc., the leading provider of security compliance and risk management solutions, is pleased to announce the signing of its 1,000th customer. In addition, the company reports that customer satisfaction and retention remains high, with quarterly renewal rates that have exceeded 95%.
“Reaching our 1,000th customer milestone is monumental for our company” said Pete Stewart, President & CEO of TraceSecurity. “With customer satisfaction at an all-time high and quarterly renewal rates exceeding 95 percent, we believe our customers truly feel that TraceSecurity continually exceeds their expectations.”
The 1,000th customer is ESL Federal Credit union. With more than 290,000 members, 18 branch locations, and nine operating units ESL is one of the largest, most progressive and most successful credit unions in the country.
“We chose TraceSecurity after evaluating them along with three other competing vendors,” says Dennis King, Information Security Manager for ESL Federal Credit Union. “We felt that TraceSecurity was head and shoulders above the competition in the maturity and depth of their solution. We look forward to working with the TraceSecurity team.”
ESL joins a variety of companies utilizing the security solutions provided by TraceSecurity, including its premier offering, TraceSecurity Compliance Manager (TSCM). TSCM delivers IT security compliance management capabilities via a Software-as-a-Service (SaaS) approach that eliminates the burden of deploying, maintaining, and updating software. TSCM enables TraceSecurity customers to continuously manage their information security program and demonstrate compliance with IT security regulations and best practices.
“ESL’s commitment to protect their member data by implementing TraceSecurity’s comprehensive security and risk management program clearly shows their dedication to go above and beyond federal regulatory requirements for security compliance,” said Pete Stewart, CEO of TraceSecurity Inc.
About TraceSecurity
TraceSecurity is a leading provider of IT security compliance and risk management solutions. With 1,000 customers, TraceSecurity supports the security and risk management efforts of organizations in financial services, healthcare, insurance, government and other regulated sectors. The company helps organizations of all sizes to achieve, maintain and demonstrate security compliance while significantly improving their security posture. Key to TraceSecurity's success is the company's comprehensive patent-pending methodology that helps clients address all critical components of a successful security compliance program.
TraceSecurity delivers its solutions through an integrated Software-as-a-Service (SaaS) platform backed by expert professional services and comprehensive security awareness programs. The company's flagship offering, TraceCompliance Manager is the first comprehensive solution to integrate and automate regulatory compliance audits, policy management and dissemination, vulnerability assessment, vulnerability alerting and employee education and testing. TraceSecurity has also developed separate Risk Management and IT Audit Management solutions that can be integrated into the Compliance Manager.
The company's expert professionals provide comprehensive security assessments that include vulnerability assessments, penetration testing, application layer testing, IT audits and risk assessments. The team also provides security policy development, security awareness training and social engineering assessments. For more information, please visit www.tracesecurity.com.
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Note: TraceSecurity is a trademark of TraceSecurity, Inc.
FOR IMMEDIATE RELEASE:
Dariel LeBoeuf
225-612-2153
dariel@tracesecurity.com
