Covelight
Systems and Vigilant
Partner to Deliver
Solutions for Real-Time,
Web Channel Data Integrated
With Security Information
and Event Management
(SIEM) Engines
FOR IMMEDIATE RELEASE:
12/19/2006 9:00 AM
Fortune 1000 Firms
Benefit with an Integrated
Solution for Information
Risk Management of
Online Data for Purposes
of Regulatory Compliance,
Network Based Logging,
and Information Security
CARY, NC and NEW YORK,
NY -- (MARKET WIRE)
-- December 19, 2006
-- Covelight Systems,
the innovator of real-time,
application-independent
online management
solutions, today announced
a partnership with
Vigilant, the premier
information risk management
firm. This partnership
specifically addresses
the Fortune 1000 market's
increasing demand
for integrating real-time
online channel data
into Security Information
and Event Management
(SIEM) and log management
solutions to achieve
business objectives
around compliance,
network based logging,
and information security.
Covelight Systems'
innovative ability
to Capture-Transform-Feed
web channel transactions
provides Vigilant
with real-time, identity-based
user transactional
data for deeper insight
on user activity and
timely, actionable
information required
to correlate events
into leading SIEM
engines, including
ArcSight.
The partnership was
formed through the
successful joint deployment
of Covelight Inflight™
and ArcSight™
Enterprise Security
Management (ESM) at
a top brokerage firm,
addressing increasingly
sophisticated stock
trading schemes (see
press release dated
12-18-2006). The partnership
has expanded to address
the strategic needs
of the broader Fortune
1000 around information
risk management best
practices for identity-based,
online channel data.
"Our partnership
with Vigilant is a
direct result of customer
demand we are experiencing
from large enterprises
requiring intelligent
analytics from their
online channels to
drive compliance,
business intelligence,
and information security,"
said Spencer Snedecor,
CEO of Covelight Systems.
"Vigilant has
tremendous depth of
experience and traction
in the SIEM market.
We've experienced
first-hand how well
they deliver on integrated
solutions for the
financial services
market. Vigilant provides
us a 'go-to-market'
partner who can deliver
on the business objectives
required by Fortune
1000 operational risk
management teams."
Covelight has developed
solutions based on
a powerful, new Capture-Transform-Feed
(CTF) architecture
that provides web
channel intelligence
to back-end systems
in real-time. It performs
the transition from
raw data to meaningful
business-level events
in a single step,
feeding the useful
intelligence to be
analyzed, and correlated
by SIEM engines for
purposes of real-time
information risk management.
"The combined
solution of web channel
information at wirespeed,
integrated with security
event correlation
functions, is ideal
for financial institutions
to minimize fraudulent
activities,"
explained Joseph Magee,
CTO of Vigilant. "Vigilant
purposefully selects
key technology partners
to integrate our best-of-breed
security monitoring
and management solutions.
Inflight is an integral
and core technology
for many of these
designs. The flexibility
of the business events
and ability to capture
all user transactions
has given us a new
option for data integration
of online channel
user activity as part
of our information
risk practice."
Covelight Inflight
is available from
Covelight Systems
and can be integrated
with a variety of
SIEM and log management
solutions through
Vigilant's expertise.
About Covelight
Systems
Covelight Systems'
Inflight Solution
provides Web-channel
data at wire speed
to backend analytic
engines for a variety
of enterprise uses.
Covelight's products
provide real-time,
identity-based monitoring
of critical online
applications. Only
by deploying Covelight
solutions can organizations
protect their business
from Fraud and at
the same time, grow
their business by
taking action upon
their users' online
transactions. For
more information,
go to http://www.covelight.com/
or call at (919) 677-9680.
About Vigilant
LLC
Vigilant is the premier
information risk management
specialist to the
Fortune 1000 corporations
in the Financial Services,
Insurance, Pharmaceutical,
Health Care, Banking,
and Technology industries.
Vigilant designs,
builds, and customizes
automated systems
to help organizations
solve real business
challenges including
complying to regulations,
monitoring access
to systems, and managing
the identity of users
and customers. The
unifying characteristic
of the Vigilant client
base is a dependency
on mission-critical
networks, the need
to protect highly
sensitive information
resources, and a high
public profile with
a corresponding business
reputation or brand
name exposure.
To find out more about
Vigilant’s new
SIM Co-Sourcing offerings,
or to request a copy
of our white paper,
“Co-Sourcing:
A New Approach to
Security Information
Management,”
please contact us
at sales@thevigilant.com.
###
Contact Information:
For Covelight Systems
Kristin Canders
Acaggio Public Relations
207-974-7744
Kristin@acaggio.com
www.covelight.com
For Vigilant LLC
Mark Nicholson
Managing Member
917-952-1014
mnicholson@thevigilant.com
www.thevigilant.com
