Contact Information: Contacts: Mike Marchi Kazeon 919.556.7473 mjm@kazeon.com Jane Carpenter Lois Paul & Partners 781.782.5740 jane_carpenter@lpp.com
Kazeon Provides New Line of Defense in Fight Against Identity Theft and Information Leakage
Enables Businesses to Identify Potential Security Breaches and Safeguard Sensitive Customer Information Before It's Too Late
| Source: Kazeon
MOUNTAIN VIEW, CA -- (MARKET WIRE) -- December 12, 2006 -- Kazeon, a leader in addressing data
privacy and security challenges, today announced a comprehensive Data
Security solution consisting of products and services to help organizations
identify security risks. The Kazeon IS1200-ECS, coupled with a new Risk
Assessment Service for Non Public Personal Information, is designed to help
organizations prevent sensitive customer information from making its way
into the wrong hands. The IS1200-ECS scours laptops, desktops and
corporate networks for non-public personal data located anywhere on the
network, red-flagging sensitive data that is at risk and/or in
non-compliance with industry regulations. The new Risk Assessment Service
enables companies to quickly identify risks within their environment and
take action.
This latest security offering from Kazeon comes at a time when identity
theft is the fastest growing crime in America, fueled by a confluence of
factors, including online banking, ecommerce, and other online activities
which expose confidential personal information. Consequently, businesses in
almost every sector are under increasing pressure and scrutiny to protect
sensitive information about the customers they service. Banks, brokers,
insurance companies, utility providers and retailers are among those that
hold private customer information including social security numbers, credit
card numbers and client account numbers. While these companies are subject
to strict federal laws and regulations that govern the protection of
personal, non-public information, the explosion of data stored in network
attached storage makes it increasingly challenging to identify precisely
where all of that information may reside and the related security risks.
"With Kazeon's industry-leading technology we plan to stay one step
ahead of our explosive data growth by saving time and money as
we efficiently manage our information," said Peter Pordraza, Head of IT
Europe at Johns Manville. "Through better management of our information, we
ensure that sensitive, business critical and confidential information is
secured when necessary while aligning non-critical information on the
appropriate tier of storage."
The Enterprise Strategy Group (ESG), a leading IT analyst firm, is tracking
several government and industry-specific information privacy and security
regulations. "We believe that these rules will transition from focusing
on what organizations must do once a breach of confidential information
occurs to guidelines on how organizations must secure this data," said
Brian Babineau, an analyst with ESG. "Information leakage presents an
enormous liability to businesses as it can have an immediate impact to
business credibility and the bottom line. It is critical that companies arm
themselves with the information and tools required to safeguard their
customers' data."
While each company looks differently at what constitutes sensitive or
confidential data, it often includes intellectual property, customer and
employee information, source code, competitive information, human
resources-related content, financial statements, and patents. Such
sensitive or confidential information is usually stored securely at the
time of creation, however, it is often later extracted and stored in other,
often unsecured areas, including network shares, servers, desktops and
laptops. This results in the inadvertent exposure of confidential customer
information and presents a real risk for unintentional leakage and outright
theft.
Kazeon's IS1200-ECS ensures that sensitive, business critical, and
confidential information residing on desktops, laptops and corporate
networks is identified and managed, resulting in reduced liability, legal
exposure, while delivering an immediate impact on business credibility.
With sensitive information often stored within corporate data centers and
remote offices which are often scattered across the globe, Kazeon enables
companies to discover sensitive information irrespective of physical
location.
"We anticipate strong demand for our new security solutions, especially in
Europe, and across Kazeon's other key growth markets," noted Ulf
Zetterberg, Kazeon's vice president and general manager for EMEA. "With
information security as a top line concern for most business leaders, those
enterprises operating on a global scale truly recognize the significant,
business critical advantages to be reaped from such unprecedented
visibility into corporate data."
To provide such visibility, Kazeon monitors and discovers sensitive data
residing on network shares, laptops, and desktops. Kazeon can open hundreds
of file and document types, including PST files, MS Word documents, Adobe
PDF, and many more. Through pattern matching and rule-based extraction,
Kazeon identifies sensitive and confidential information specific to
vertical industry, compliance, and corporate-specific requirements.
Pre-built accelerator templates for non-public information and vertical
industries are standard within the product to help companies get up and
running quickly.
"Kazeon continues to innovate and deliver solutions that solve real
customer issues," said Sudhakar Muddu, CEO of Kazeon. "Today's
announcement illustrates our commitment to help customers identify
sensitive information across the enterprise. Right now, most businesses
are in the dark about the location of sensitive data and due to the power
of 'cut and paste,' the risk potential is endless. Customers benefit as
Kazeon executes on its Search the Enterprise™ vision for managing and
securing all information assets."
The Kazeon Risk Assessment Service is a two-week program during which
Kazeon consultants will utilize the IS1200-ECS to index and search up to 5
terabytes of information for social security numbers, credit card numbers
and client account numbers. The system flags non-public personal
information and Kazeon consultants then provide reports that alert
companies to potential security risks. The service is available now at a
cost of $17,500 which includes the installation and de-installation of the
IS1200-ECS.
More About the IS1200-ECS
The IS1200-ECS is the industry's first product to integrate content-aware
indexing, classification, search, reporting and migration together in one
package to address compliance, data privacy, and security challenges. The
IS1200-ECS includes accelerator templates for healthcare, financial
services, high tech manufacturing and data privacy. Accelerator templates
enable customers to rapidly and proactively mitigate risk for specific
regulatory and business requirements such as HIPAA, SEC 17a-4, SOX, and the
PCI data security standard. The IS1200-ECS is the industry's only product
that can extract information residing within hundreds of standard and
non-standard file formats. Additionally, the IS1200-ECS supports
information extraction from file types regularly used in insurance and
healthcare, including the Digital Imaging and Communications in Medicine
(DICOM) format standard which is commonly used in medical imaging within
the healthcare industry.
Availability
The Kazeon Risk Assessment Service and IS1200-ECS are available now.
Please visit www.kazeon.com for additional details or contact your Kazeon
sales manager.
About Kazeon
Kazeon is the market and technology leader in Information Management. The
company's industry defining and award-winning Information Server product
line enables corporations to search, leverage, and secure all of their
information assets. Combining the disciplines of search, content
management, and infrastructure management, Kazeon delivers integrated and
scalable solutions for Information Governance, e-Discovery, and IT
optimization. For more information on how Kazeon can help your
organization handle growing information management challenges, visit
www.kazeon.com.