SOURCE: LogLogic

August 23, 2006 10:53 ET

Log Intelligence Bridges the Gap Between IT and Corporate Governance

LogLogic Teams With COBIT Originator to Align Log Data, IT Controls, and C-Suite

SAN JOSE, CA -- (MARKET WIRE) -- August 23, 2006 -- Deepening its commitment to help IT departments align and measure their value to business goals, log intelligence leader LogLogic has announced a strategic alliance with the IT Governance Institute (ITGI), creator of the internationally recognized IT governance control framework, Control Objectives for Information and Related Technology (COBIT). The initiative aims to help companies develop efficient, cost-effective and sustainable technology and business processes to address regulatory compliance and corporate governance policies.

"New laws are changing the way companies collect, retain and manage information," said Chris Brennan, CEO of LogLogic. "Log data delivers the most effective corporate intelligence to ensure that IT supports business goals, maximizes IT investments, and addresses opportunities and risks in an increasingly regulatory business climate. Traditionally, technology has been seen as merely an operational discipline and the IT director as an operational expert. Now that governance is recognized as a strategic business concern, log intelligence is critical for the CIO's new role that spans both the management and technological know-how that governance implies."

COBIT, now in its fourth edition, has become the de-facto standard for IT departments to align and measure their value to the business, as well as to comply with government regulations for financial reporting such as Sarbanes-Oxley. ITGI was established to advance international thinking and standards in directing and controlling IT. The group provides the COBIT and Val IT frameworks free of charge to enable better understanding of IT governance and to help organizations maximize their IT investments.

"The IT Governance Institute is pleased to count LogLogic among its growing list of supporters," said Everett Johnson, CPA, international president of ITGI. "IT governance has the potential to transform an enterprise, so it is encouraging to see LogLogic and other prominent organizations give it the priority and attention it deserves."

Log Intelligence Delivers Compliance In Minutes

Businesses are increasingly looking to log technologies to reduce IT costs while improving compliance. Log data accounts for over 25% of all enterprise data, and strategies to make that data effective for IT are being sought by the Global 2000 to the tune of almost a $1B in terms of investment. A recent study by the vendor-neutral SANS Institute and sponsored by LogLogic found that the log management industry is experiencing double digit growth year over year. Fueling that demand is growing dissatisfaction with current strategies. Research found that 80% of enterprises still rely on homegrown scripts to address their needs and forty-one percent indicated they would make a change during the next year.

LogLogic supports 100% of all log-related IT controls as outlined by COBIT, significantly reducing the cost and complexities of compliance. Installed within minutes, LogLogic's award-winning solutions aggregate high volumes of log data and offer fast search and drill-down capabilities essential to maintaining network health, while automating log data archives and providing more secure log data retention.

Offering IT a higher level of reporting and auditing, LogLogic's solutions securely store all raw log data for on-demand retrieval or historical analysis. Through Agile Reporting™, LogLogic can deliver over 13,000 customizable reports; supporting 100+ reports and 75+ alerts complying with COBIT right out of the box. As a result, IT staff can quickly create customizable templates that align with their IT control matrix and best practice standards and regulations, including Sarbanes-Oxley, HIPAA, COSO and ITIL.

COBIT has gained tremendous traction in the enterprise as the need for IT governance evolves at a record pace, fueled by new regulations. By aligning with ITGI, LogLogic will further promote IT governance among the emerging log management marketplace as well as continue to tightly align log intelligence to IT controls. Specifically, LogLogic will provide new reports and alerts and further align COBIT with additional compliance mandates and controls. In the future, IT executives will find that COBIT will enable them to easily deploy a log management across the global enterprise better, faster, more reliably and at a lower cost.

For more information about LogLogic Compliance Products, visit http://www.loglogic.com. ITGI provides the COBIT and Val IT frameworks as a free download at www.itgi.org.

To obtain a copy of the report, "The Log Industry: An Untapped Market" is available online at http://loglogic.com/resources/white-papers/sans-download/

About LogLogic

LogLogic™ provides the world's leading enterprise-class platform for collecting, storing, reporting and alerting on 100 percent of IT log data from virtually any device, operating system or application. LogLogic series 3 LX and ST appliances address the compliance, operations and risk mitigation needs of the most demanding Fortune and Times 1000 companies globally. LogLogic's innovations include creating the world's first search engine for fast moving IT log data and Compliance Suites that automate using that data to enforce critical controls and regulations. LogLogic has won multiple awards including 2006 AlwaysOn Top 100 Private Company, Best of Interop 2005, SC Magazine's "Best Computer Forensics," Info Security's "Hot Company 2006," and the Red Herring 100. For more information, visit www.loglogic.com and http://blog.loglogic.com.

About ITGI

The IT Governance Institute® (ITGI) (www.itgi.org) was established in 1998 to advance international thinking and standards in directing and controlling an enterprise's information technology. Effective IT governance helps ensure that IT supports business goals, optimizes business investment in IT, and appropriately manages IT-related risks and opportunities. ITGI developed the internationally accepted COBIT framework and offers original research and case studies to assist enterprise leaders and boards of directors in their IT governance responsibilities.

LogLogic disclaims any proprietary interest in the marks and names of others.

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