SOURCE: Prevari

September 07, 2007 12:09 ET

Prevari Releases Technology Risk Manager 3.3

Prevari Enhances Quantitative Analytical Tool to Include Comparative Analysis and Modeling

MINNEAPOLIS, MN--(Marketwire - September 7, 2007) - Prevari, a security product and risk management company, today announced the official release of its newest version of the Technology Risk Manager (TRM) product line. TRM uses external technology feeds from multiple technology scanners to calculate the Prevari Risk Index (PRI) based on the technical, administrative and physical controls of an IT environment. Once the PRI is established, TRM 3.3 provides detailed comparative risk analysis between geographic networks, operational groups, and business functions to determine where additional controls may be warranted to meet regulatory or risk requirements of that system.

This new product version enables executive management the ability to understand the state of their IT risk and make business decisions based on ROI and acceptable levels of risk specific to business functions. These decisions are supported via the complex modeling and simulation algorithms inherent in TRM.

"Senior management struggles to objectively measure and compare IT risk throughout disparate parts of the organization. Having the ability to manage IT risk using a repeatable process regardless of business function, size, and location is paramount to understanding how to prioritize and defend one's environment," said KoniKaye Jeschke, CEO. "Making informed decisions based on repeatable, quantitative metrics is essential to understanding and managing overall risk as well as defending compliance," said Jeschke.

"Translating United States and international compliance frameworks and standards further complicate making risk decisions with both commercial and federal entities," said Frank McLallen, vice president of marketing and sales. "TRM 3.3 offers customers an easy-to-deploy solution that can provide simplified risk comparisons between business functions and locations using modeling and simulation techniques. TRM has a proven track record of significant impact to clients. Cost savings and clarity in decision making are immediately evident."

About Prevari.

Headquartered in Minneapolis, Minnesota, Prevari is a leading provider of security risk management technology. Based on 15 years of security expertise in the security consulting business and significant research and development work, Prevari has accumulated and produced mathematical models and tools used to solve the most difficult technology challenges in multiple industries including financial, healthcare, government and higher education industries.

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