SOURCE: Control Break International

November 13, 2006 09:00 ET

SafeBoot Earns BITS Compliance

SafeBoot Declared BITS-Tested to Meet the Mobile Data Security Needs of the Financial Services Industry

NAPLES, FL and WASHINGTON, DC -- (MARKET WIRE) -- November 13, 2006 --SafeBoot, provider of the SafeBoot suite of mobile data security and access control solutions, today announced that the SafeBoot suite of mobile data security solutions earned the BITS Tested Mark.

"Leading financial institutions around the globe rely on SafeBoot to secure data on every mobile device associated with their entire organization -- from one central management center and with full auditing capabilities. The BITS Tested Mark ensures these organizations that SafeBoot meets the stringent standards set forth by the BITS organization," said SafeBoot CEO Gerhard Watzinger. "SafeBoot features two-way communication between IT security staff and end-user devices to record protection settings in order to demonstrate, unequivocally, that a device was encrypted at the time it was lost or stolen -- nobody wants to send that letter out to its customers announcing a possible data loss," added Watzinger.

BITS, the business strategy and technology group for The Financial Services Roundtable, was formed by the CEOs of 100 of the largest financial institutions in the U.S. The BITS Product Certification Program was established to improve the safety and soundness of the products used by leading financial institutions and to help them make informed technology decisions. To earn the BITS Tested Mark, products undergo a rigorous evaluation process by independent, third-party testing facilities to assure conformance to the program's security criteria.

"The security of customer information is a top priority for financial institutions nationwide. The BITS certification process is a consistent and objective methodology for evaluating and testing security standards, and is an important tool that helps financial institutions meet their objectives," said Eric Guerrino, Managing Director for Information Security at The Bank of New York and Chairman of the BITS Lab Governance Committee.

"The financial services industry is a leader in promoting software security. Software security is a cornerstone for the safety, soundness, and privacy of financial services," said Catherine A. Allen, CEO of BITS. "We commend SafeBoot for its demonstrated leadership by its successful efforts to obtain the BITS Tested Mark."

About SafeBoot

The SafeBoot suite of mobile data security solutions protects data, devices and networks against the risks associated with loss, theft, and unauthorized access, anytime and anywhere. SafeBoot is the vendor-of-choice for leading global organizations and provides them with powerful encryption and strong access control technologies that seamlessly integrate with existing enterprise systems. SafeBoot's centralized management capabilities provide organizations with operational efficiency and ensures the lowest possible total-cost-of-ownership. For more information, visit

About BITS

BITS was created in 1996 to foster the growth and development of electronic financial services and e-commerce for the benefit of financial institutions and their customers. A nonprofit industry consortium that shares membership with The Financial Services Roundtable, BITS seeks to sustain consumer confidence and trust by ensuring the security, privacy and integrity of financial transactions. BITS works as a strategic brain trust to provide intellectual capital and address emerging issues where financial services, technology and commerce intersect, acting quickly to address problems and galvanize the industry. BITS' activities are driven by the CEOs and their appointees -- CIOs, CTOs, Vice Chairmen and Executive Vice Presidents -- who make up the BITS Advisory Board and BITS Advisory Council. For more information, go to

About The Financial Services Roundtable

The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. Roundtable member companies provide fuel for America's economic engine, accounting directly for $50.5 trillion in managed assets, $1.1 trillion in revenue, and 2.1 million jobs.

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