MetaBank(TM) Implements Vormetric Data Security for PCI DSS Compliant Database Encryption
2008-07-15 07:00:00
Vormetric Solves Encryption Management Complexity Challenges With
Centralized Key and Policy Management for SQL Server Security
SANTA CLARA, Calif.–(EMWNews)–Vormetric, Inc., the leader in data security management and enforcement
solutions, announced today that MetaBank has implemented Vormetric Data
Security to encrypt and protect sensitive personal and financial
information on customers and credit card holders. MetaBank selected
Vormetric Data Security to encrypt SQL Servers storing sensitive data
based on ease of implementation, transparency, performance and
centralized policy and key management.
“Vormetric Data Security offered us an easier
yet effective method to encrypt our SQL Server databases and comply with
PCI DSS encryption and key management requirements,”
said Troy Larson, MetaBank’s vice president,
Information Systems. “As opposed to the
complexity of implementing point encryption products, Vormetric Data
Security provides us with a consistent and centrally managed security
model across our infrastructure. The abilities to centralize key and
policy management as well as implement a solution that evolves with our
developing needs were critical factors in our decision to select
Vormetric.”
The Payment Card Industry Data Security Standard 1.1 (PCI DSS) requires
strict protective measures for securing cardholder data. Any company
that stores, processes or transmits credit card data must comply with
the standard, which is designed and enforced by card industry leaders
Visa, MasterCard, American Express, Diners Club and Discover.
PCI DSS mandates include data encryption, protection of stored
cardholder data, detailed auditing and logging of all access attempts,
and controls on those who are authorized to view or work with the data.
Vormetric Data Security meets PCI DSS and protects valuable information
wherever it is stored within the enterprise.
“As enterprises move toward broad encryption
implementations, the ability to centralize and standardize key
management and data security has become a pressing need,”
said Richard Gorman, Vormetric CEO. “Vormetric
Data Security is the only solution providing organizations, like
MetaBank, with this central point of management, securing any file, any
database, anywhere across an enterprise. We are proud to serve MetaBank’s
needs as the centralized data security system for addressing their
database encryption, customer information protection and PCI DSS
compliance needs.”
About MetaBank
MetaBank is a federally chartered savings bank headquartered in Storm
Lake, Iowa. Meta Financial Group, Inc.®
is the holding company for MetaBank, Meta Payment Systems®,
and Meta Trust Company®.
The Meta Payment Systems (MPS) division of MetaBank based in Sioux
Falls, South Dakota, is a recognized leader in the prepaid card industry
and provides innovative payment solutions delivered nationally in
collaboration with market-leading partners. MPS focuses on offering
specific product solutions in the following areas: (i) prepaid cards,
(ii) credit cards and lending solutions, and (iii) ATM sponsorship. Meta
Financial Group is traded on the NASDAQ Global Market®:
CASH. For more information visit http://www.metacash.com.
About Vormetric
Vormetric is the leader in data security management and enforcement
solutions.. Vormetric Data Security Expert provides a centrally managed,
high performance, easy-to-implement, distributed solution that solves
the pressing compliance, security and risk management challenges facing
today’s enterprises and government agencies.
Vormetric’s application- and database-transparent solution outperforms
other offerings to provide stronger and broader data security at a
fraction of the management and implementation cost.
Vormetric’s more than 150 customers represent the world’s most trusted
brands in financial services, retail, manufacturing, healthcare, media,
energy and telecom industries as well as highly security conscious
government agencies.
Vormetric technology has received strong market validation for its
innovative approach to data security, including:
-
Selection by IBM as the core database encryption solution for DB2 and
Informix on LinuxTM, Unix®
and Windows
-
Computerworld Technology Innovation Award
-
Selection by Symantec to provide the Symantec Veritas NetBackupTM
Media Server Encryption Option
-
Partnership with Oracle to secure the execution environment for Oracle®
Database Vault
-
Three patents issued and eleven patents pending
Vormetric is a trademark of Vormetric, Inc. All other names mentioned
are trademarks, registered trademarks or service marks of their
respective owners.
Schwartz Communications, Inc. |
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