SOURCE: Vontu
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September 25, 2007 08:00 ET
The Depository Trust & Clearing Corporation Chooses Vontu for Data Loss Prevention
Leading Financial Depository Selects Vontu to Prevent the Loss of Confidential Data Wherever It Is Stored or Used
SAN FRANCISCO, CA--(Marketwire - September 25, 2007) - Vontu, Inc., the leader in Data Loss
Prevention solutions, today announced that The Depository Trust & Clearing
Corporation (DTCC) has selected the Vontu Data Loss
Prevention solution to help safeguard confidential information wherever
it is stored or used.
"We selected Vontu for its proven expertise in developing data loss
prevention programs at leading financial services organizations and because
its technology is easy to deploy, learn and use," said Jim Routh, DTCC's
chief information security officer. "Vontu enables our security team to
mitigate the risk of data loss by providing a centralized platform for the
enforcement of our data security policies."
DTCC's post-trade infrastructure system handles millions of transactions
each day and ensures uninterrupted connectivity to thousands of financial
firms in the U.S. and overseas. Routh said that by integrating Vontu as a
part of DTCC's corporate security initiative, "We can further ensure that
our systems maintain the highest levels of security and privacy standards
in the industry."
The Vontu Data Loss Prevention suite provides unified policy enforcement
across all of its product components. Vontu Discover and Vontu Protect
safeguard confidential data located on file servers, web servers, databases
and other data repositories. Vontu Network Monitor and Vontu Network
Prevent stop data loss via email, IM, Web, Secure Web, FTP or other
Internet protocols. Vontu Endpoint Monitor provides visibility and control over
confidential data on USB drives, CD-ROMs, iPods, and other removable media,
as well as downloads to local drives.
To meet the highest standards of data security, DTCC required a
policy-based solution that would prevent sensitive data from leaving the
company, including customer and employee data, as well as corporate
information such as strategic business plans, competitive intelligence,
confidential documents and network diagrams. Also driving the corporate
data protection program was the need to comply with federal and state
regulations on customer privacy, including the Gramm-Leach-Bliley Act (GLBA) and
California SB-1386.
"To conduct business in a highly regulated industry such as financial
services, companies like DTCC rely on Vontu solutions to reduce their
financial risk, including remediation costs and legal exposure; protect
brand equity and customer loyalty; and ensure compliance with internal
policies and government regulations," said Steve Roop, vice president of
products and marketing at Vontu, Inc.
About DTCC
The Depository Trust & Clearing Corporation (DTCC), through its
subsidiaries, provides clearance, settlement and information services for
equities, corporate and municipal bonds, government and mortgage-backed
securities and over-the-counter derivatives. In addition, DTCC is a leading
processor of mutual funds and insurance transactions, linking funds and
carriers with their distribution networks. DTCC's depository provides
custody and asset servicing for 2.8 million securities issues from the
United States and 100 other countries and territories, valued at $36
trillion. In 2006, DTCC settled more than $1.5 quadrillion in securities
transactions. DTCC has operating facilities in multiple locations in the
United States and overseas. For more information on DTCC, visit
www.dtcc.com.
About Vontu
Vontu is the leading provider of Data Loss Prevention solutions that
protect data anywhere -- at rest, in motion or at the endpoint. By reducing
the risk of data loss, Vontu helps organizations ensure public confidence,
demonstrate compliance and maintain competitive advantage. Vontu customers
include many of the world's largest and most data-driven enterprises and
government agencies. Vontu has received numerous awards, including IDG's
InfoWorld 2007 Technology of the Year Award for "Best Data Leak
Prevention," as well as SC Magazine's 2006 U.S. Excellence Award for "Best
Enterprise Security Solution" and Global Award for "Best New Security
Solution." For more information, please visit www.vontu.com.