The leading provider of controls intelligence software, Approva® Corporation, today that it has entered a partnership with a recognized industry leader in application data auditing for compliance and security, called Lumigent Technologies Inc. Approva will develop and market, under the terms of the non-exclusive technology partnership, a unified offering that combines Audit DB™, Lumigent's flagship solution, with Approva's BizRights™ Platform and Controls Intelligence Suite. The new solution establishes Approva as the only company that is able to offer a single solution to monitor controls that span from the database layer up through all layers of the major ERP applications as well as legacy systems. The joint offering is planned for availability to the general public early in the third quarter of 2008.
Lumigent CEO, Cliff Pollan, said: "Approva has the industry's best cross-platform controls monitoring solution to help companies automate their audit and compliance process". "This partnership brings together the industry leaders in database auditing and controls management to help companies implement a holistic approach to data protection and privacy."
As a result of internal access to sensitive information, are seventy to eighty percent of data security breaches. These statistics illustrate why companies are moving to safeguard data with approaches that go beyond network security and data masking or encryption which can be circumvented by clever perpetrators with inside access. There is enormous demand for integrated data protection and monitoring solutions like the new combined Approva-Lumigent offering, with the number of data privacy and security breaches growing quickly.
Including Microsoft SQL Server, IBM DB2, Oracle and Sybase ASE, Lumigent Audit DB monitors for abuse of information security policies and inappropriate access and use of sensitive access at the database level. By monitoring access to both the company's databases and access to key financial systems within the organization, the joint offering adds a second layer of information protection. The fact that segregation of duties (SoD) monitoring can now be achieved at the database level with the Approva-Lumigent joint offering is the other big advantage.
Approva Founder and CEO, Prashanth "PV" Boccasam, said: "Recently recognized by Forrester Research as a leader in the emerging database auditing market, Lumigent's technology combined with Approva's controls intelligence solutions offers a more comprehensive audit solution than anything else available in the market". "This partnership allows our customers to fully capitalize on the dual benefits of database auditing and continuous controls monitoring with a single solution offered jointly by Approva."
Home
Contact Us
