CoSoSys Launches World’s First DLP and Endpoint Security SaaS Offering

CoSoSys, a leading developer of endpoint security and portable storage device applications, has just released My Endpoint Protector (MyEPP), the first Software-as-a-Service (SaaS) application to deliver Data Loss Prevention and device control “in the cloud”. MyEPP will help companies manage the internal and external security threats created by the broad availability and use of portable data storage devices, while focusing on keeping the impact on IT resources at a minimum. The new web service uses a policy-based approach to enable businesses to manage how data can be used on all endpoints – Desktops, Laptops, Netbooks and more – from a single centralized web console, no matter where those endpoints are located.

Why should you consider a MyEPP subscription?

• Your company will be able to minimize inside threats and prevend data loss and data theft
• The cloud computing approach means you don’t have to worry about servers setup, installation or management
• You can access the centralized web-based dashboard remotely, from any computer with and Internet connection and a web browser
• Real time monitoring of all devices used by your employees
• Create your own security policy without the need for additional hardware or software, without the need of having in house IT security experts
• Enforce your policies easily through customizable templates
• All for prices as low as $2 per PC per month

“Most businesses today are aware that they need to proactively protect both their own intellectual property and customer information held in trust on their systems,” said Roman Foeckl, CoSoSys CEO. “But the thought of having to hire dedicated staff or consultants to install, implement and manage this type of solution has prevented many from taking the steps needed to protect that data.

“My Endpoint Protector makes enterprise-level device control and security accessible to even the smallest organizations without the need for expensive additional equipment or staff. Whether employees work from home, on the road or from remote locations, the security of their desktops and laptops can easily be centrally managed through the cloud.”

If you need more reasons to act now, just go ahead and evaluate the costs of a real data breach!

For more details on MyEPP, click here.

Data Leakage and Endpoint Security from a Sexy Perspective

Enjoy!

Data breach costs: TJX settles for 9.75 million dollars

Remember TJX? The company who had experienced the largest data breach in history? The one that exposed at least 45.7 million debit and credit card accounts to fraud, theft and other menaces? Yes, that TJX. This company is the perfect show case to scare off companies into implementing an effective endpoint security and data loss prevention solution. Because the amounts they kept paying since having discovered the breach simply make us a little dizzy. Ok, a lot

The latest TJX related news is of a lawsuit settlement of 9.75 million dollars reported by Search Security. The lawsuit was brought by Attorney Generals in 41 states and according to the settlement the sum will be devided as follows: 2.5 million to create a data security fund for states, a settlement amount of 5.5 million and 1.75 million to cover expenses related to the states’ investigations.

According to reports from early 2009, TJX had paid a 40.9 million dollars settlement and organized a big time sale for its customers throughout North America, to compensate for the data breach damage. The same source stated TJX had prepared a 118 million dollars fund to deal with the consequences. Well, they probably can afford it. Can your company afford 20% of that? If not, or you’d rather do something constructive with your data, take control of your confidential data now. Not later, now

The UK Applies the Centralised Cyber Security Idea

It seems that the centrally managed cybersecurity plans are a catchy trend. Following White House announcement, the UK is planning to create a centrally managed cybersecurity agency. All the secret operations that are currently going down within the intelligence and security services – Ministry of Defence, Home Office, MI5, MI6 and GCHQ – will be centralized and handled by a separate institution.

The UK plan will be soon made public, sometime before the summer Parliament recess, according to the Register, and will be included in the government’s updated National Security Plan.

The idea of a cyber tsar role, initially launched by US President Barack Obama, might also be implemented by the EU.

“The European Commission is now encouraging member states to cooperate on digital wargames, to simulate attacks from outside the bloc. Commissioners have suggested a European cyber security tsar should be appointed.”

Employees Couldn’t Care Less about Data Security

More and more employees chose to overlook data security policies put in place by the companies they work for and engage in activities that could easily lead to data breaches, according to the findings of a new Ponemon Institute survey. The risky activities include taking private records with them on unsecured storage devices, downloading personal software on company systems, turning off security settings and networking on social media sites.

Most members of a company’s staff copy classified data to USB drives or turn off security settings on their work laptops. Compared to the Institute’s 2007 findings, the numbers of those ignoring company policies has increased.

Here are some highlights of the survey findings, as presented by PC World:

• 69 percent of the 967 IT professionals surveyed copied confidential company data to USB sticks
• those who lost said USB sticks with confidential corporate data on them failed to report it immediately
• almost 31 percent of respondents engaged in social-networking practices on the Web from work PCs
• around 53 percent said they downloaded personal software on corporate PCs