Companies named winners of Security Project of the Year
LONDON – November 9, 2012 – LogRhythm, the leader in cyber threat defence, detection and response, has become the joint winner of an award for Project of the Year as a result of its ongoing work with Callcredit Information Group, a leading provider of marketing and credit solutions. The companies were honoured yesterday at the Computing Security Awards ceremony, held in London. Now in its third year, the awards were set up to recognise the products, services and companies that have been most impressive at protecting organisations from IT security threats.
Callcredit is charged with safeguarding significant volumes of sensitive information and holds detailed credit and marketing data on more than 42 million individuals and 2.8 million active businesses. In addition, due to the fact it hosts services online, any outage would be both costly and damaging to its reputation. Before implementing LogRhythm, Callcredit used a system that covered the enterprise services element of the business however it recognised the importance of a Security Information and Event Management (SIEM) that could be deployed throughout its entire network. The advanced Protective Monitoring capability of LogRhythm’s platform enables Callcredit to automatically monitor its entire IT estate from a central point, enabling the company to make informed decisions based on business intelligence. LogRhythm’s Advanced Intelligence (AI) Engine correlates this information with unparalleled efficiency, alerting Callcredit to any malicious activity that might be taking place across its network.
“It was becoming clear that our legacy security system was in urgent need of expansion, but we realised that the upfront investment required for such a task would completely dwarf the value that it could deliver,” commented Michael Brown, group head of security and fraud management at Callcredit. “For this project, we wanted to find a provider that would be flexible enough to integrate with many vendor platforms, as well as supporting our own applications. Since deployment, LogRhythm’s platform correlates millions of logs daily, and generates actionable intelligence that we integrate into our big data analytics and strategic business processes. Our security has greatly improved, our compliance processes simplified and our overall IT networking processes have become much more efficient. As such, we are delighted that Computing Security has acknowledged the success of the project with this award.”
“Callcredit are to be congratulated on this award, as this is a perfect demonstration of the role that next generation SIEM technology can play in cost-effectively streamlining internal data security processes,” said Ross Brewer, vice president and managing director of international markets, LogRhythm. “The overall threat landscape is evolving at such a rapid and unpredictable pace that it can make it hard for companies to keep abreast of the new threats targeting their networks. Callcredit is a great example of a forward-thinking company that is serious about preserving the integrity of the data that it has been entrusted with.”
For the full project case study, please see: http://logrhythm.com/resources/case-studies/callcredit-data-security.aspx
Callcredit Information Group’s leading approach to deploying consumer information brings together experts across the fields of credit referencing, marketing services, interactive solutions and consultative analytics to provide clients with a range of innovative and effective products to discover new customers and to engage with current customers to optimise and increase profitability.
Products include award-winning fraud verification tools and database solutions to positively verify consumers, global operations to help expand businesses into new markets, digital solutions to improve the overall journey consumers make during interaction with a brand, customer handling to ensure consumer satisfaction at all levels and consumer marketing data and segmentation to improve understanding and targeting of customers and prospects.
Callcredit also offers products for their clients to assess a customer’s credit risk and affordability and their experts in collections and recoveries provide tailored debt recovery and tracing tools. Their market analysis and network planning function helps organisations develop profitable retail networks, and their tools in multi bureau, analytics and metrics work to provide fully assessed bureau data. www.callcredit.co.uk
LogRhythm is the largest and fastest growing independent Security Information and Event Management (SIEM) provider in the world. The company’s patented and award-winning SIEM 2.0 Big Data Security Analytics platform empowers organizations around the globe to detect breaches and the most sophisticated cyber threats of today, faster and with greater accuracy than ever before. LogRhythm also provides unparalleled compliance automation and assurance as well as operational intelligence to Global 2000 organizations, government agencies and mid-sized businesses worldwide.
Positioned as a Leader in Gartner’s 2012 SIEM Magic Quadrant and listed as a “Champion” in Info-Tech Research’s 2012 SIEM Landscape Report, LogRhythm also earned a perfect, 5-star rating and this year’s exclusive “BEST BUY” in the SC Magazine SIEM Group Test. Additional awards have included Computing Security’s Bench Tested Solution of the Year, SC Labs’ “Recommended” 5-star designation twice, SC Magazine’s Innovator of the Year Award, Readers Trust Award for “Best SIEM” solution and “BEST BUY” designation for Digital Forensics. LogRhythm is headquartered in Boulder, Colorado with operations in Canada, Europe and the Asia Pacific region.
For further information, please contact:
Ginnia Cheng or Richard Scarlett
020 7401 7968