|[April 18, 2012]
TAB Bank Selects Vormetric to Meet FDIC Membership Requirement
SAN JOSE, Calif. --(Business Wire)--
Click to tweet: @TABBank
selects #Vormetric #encryption to meet FDIC security requirements http://bit.ly/HE9OcT.
Vormetric, Inc., the leader in
enterprise systems encryption
management, today announced that TAB Bank has deployed Vormetric Data
Security to comply with PCI
DSS (payment card industry data security standard), which is a
requirement for achieving FDIC
membership. Vormetric is providing encryption
management for TAB Bank to protect online and archived data across a
highly virtualized IT infrastructure. TAB Bank selected Vormetric for
its easy to use policy management system and transparent architecture
which did not require any modifications the bank's applications or IT
TAB Bank is a wholly owned subsidiary of FJ Management, Inc. and
currently provides working capital, equipment financing and deposit
products to a wide variety of business sectors while retaining its
leadership position within the transportation financing industry. The
bank provides personal, business and lender solutions, and specializes
in products to support the rapid growth of small to medium sized
businesses across the United States.
"PCI (News - Alert) DSS requires that all stored ardholder data be encrypted,
irrespective of the file type or location, but we were concerned that it
could negatively impact the performance of our whole infrastructure,"
said Daryl Belfry, Director of IT for TAB Bank.
"The Vormetric solution provides us with all the encryption capabilities
we needed to attain PCI DSS compliance and become an FDIC member. Since
going live we've experienced no impact on systems' performance.
Vormetric appliances work as described and more, and we are delighted
with the solution," he added.
One Security Solution for All Data Types
Vormetric is encrypting all sensitive and regulated data for TAB Bank in
a variety of data formats, including backups. TAB Bank's infrastructure
is heavily virtualized with VMware and a virtual desktop infrastructure
(VDI), but also includes SQL Server and AIX-based database servers and a
wide variety of operating systems. Vormetric Data Security is providing
comprehensive coverage across this diverse infrastructure. The Vormetric
solution also provides for a separation of duties, e.g., enabling access
permissions for system administrators to be configured to allow
execution of limited functions, while the security officer can be
granted a superset of administration privileges. TAB Bank was able to
implement Vormetric in a primary datacenter as well as a disaster
recovery site in much less time than anticipated.
"We had a Vormetric consultant booked for three days onsite, but after
the first day we had already achieved everything we needed," said John
Hillas, Senior Systems Administrator for TAB Bank.
"We like the simplicity of the Vormetric approach and the manageability
from an administrator perspective. We are a rapidly expanding and
dynamic business, and the flexibility Vormetric provides is crucial to
the bank: It's a solution that grows with us and allows us to securely
maintain our data at all times."
To simplify security policy creation, Vormetric's unique learn mode
capability logs user interactions so TAB Bank administrators can see how
data is being accessed and configure data access rules to take these
patterns into consideration. This has allowed TAB Bank to implement the
right policies from the outset. By their own account, the Vormetric
implementation process was far more intuitive than they had expected.
"Vormetric provides a proven data security solution to enable rapid
compliance with multiple aspects of PCI DSS, which was standing in the
way of TAB Bank's acquiring FDIC membership," said Bruce Johnson, VP
Worldwide Sales & Service Operations for Vormetric. "A demonstration of
the Vormetric solution showed that we impose minimal impact on
infrastructure performance, TAB Bank was so impressed they decided a
proof of concept project would not be necessary."
Vormetric (@Vormetric) is the leader in enterprise system encryption.
The Vormetric Data Security product line provides a single, manageable
and scalable solution to manage any key and encrypt any file, any
database, any application, anywhere it resides- without sacrificing
application performance and avoiding key management complexity. Some of
the largest and most security conscious organizations and government
agencies in the world, including 15 of the Fortune 25, have standardized
on Vormetric to provide strong, easily manageable data security.
Vormetric technology has previously been selected by IBM (News - Alert) as the database
encryption solution for DB2 and Informix on LinuxTM, Unix®
and Windows; and by Symantec to provide the Symantec Veritas NetBackupTM
Media Server Encryption Option. For more information, visit www.vormetric.com.
Vormetric is a trademark of Vormetric, Inc. All other names mentioned
are trademarks, registered trademarks or service marks of their
[ Back To TMCnet.com's Homepage ]