Trustwave Buys SIEM Solution Firm Intellitactics to Strengthen Data Protection Solutions
information security and compliance solutions provider Trustwave (www.trustwave.com) has acquired Intellitactics (www.intellitactics.com), a developer of Information Security and Event Management technology, which automates the collection , analysis, alerting, reporting and secure storage of all the events recorded in the networks, systems, applications and databases.
SIEM is a critical component of security architectures, as well as a requirement for many information security standards and industry standards. customer-managed Trustwave SIEM solutions for enterprises, service providers, governments and small and medium enterprises to complement the company’s mission to develop technologies that identify and encrypt sensitive data in all its forms, in all environments. According to its announcement on Wednesday, Trustwave technology integrate Intellitactics’ SIEM at its current data protection architecture, and continue to deliver these products to market.
“The acquisition of Intellitactics Trustwave is a welcome strategy to strengthen two very important relationships for payment services elements,” said Sean Kramer, president and CEO of Element Payment Services (www.elementps.com), a provider Payment Processing PCI-compliant. “Trustwave Intellitactics promotes effort to protect sensitive data through a powerful event and a records management tool, which is exactly what customers like elements, we expect our security partners.”
SIEM technologies automate the management of events and enable proactive threat management and information, giving security managers with the information necessary to maintain a safe and compliant. Also aggregate and correlate the records of hundreds of sources in the security events that enhance the understanding of the effectiveness of safeguards, the attacks of malicious cyber criminals or initiated, and unintended actions that could compromise the security of an organization.
The demand for analysis and review of all security-related events has increased due to the intensification of data privacy regulations in the U.S. and around the world.
Health Economic Information Technology Health and Clinical Law toughens penalties for Health Insurance Portability and Accountability Act violations and broadens its scope to include any company in the U.S. that stores or transmits personal information. The legislation also has been even proliferate at state level. Although many states require public notification of data breaches, recent legislation in Nevada and Massachusetts, has made consideration of access to personal information from mandatory events. Abroad, the Data Protection Directive in Europe and the Law on Personal Data Protection in Japan also regulate and protect personal data.Trustwave ‘s new SIEM technology will serve as a critical component in a comprehensive solution to help large customers and small meet these regulations and others in the most cost effective way available.
“We have built a solution that integrates seamlessly into existing architecture and provide Trustwave Trustwave customers with new options for one of the fastest growing security strips on the market,” said CEO and President Randall K. Intellitactics Davis in a statement.
Earlier this year, Trustwave acquired data encryption solutions provider BitArmor (www.bitarmor.com), the developer of the Smart Tag technology, which simplifies the encryption process by protecting the data itself rather than devices to which data is stored or networks over which data travels. Trustwave BitArmor bought with the intention of integrating this technology in its current DLP technology and endpoint security.