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Nation’s Largest Credit Union-Owned Point-of-Sale Network Selects NitroSecurity SIEM Suite

For more information:
Bryan Grillo
CHEN PR, Inc.
781-672-3129
bgrillo@chenpr.com

PORTSMOUTH, N.H. – March 15, 2011 – NitroSecurity, Inc., the leader in high-performance, content-aware security information and event management (SIEM) solutions, today announced that Credit Union 24 has selected the company’s integrated NitroView SIEM, Log Management, Database Activity Monitoring and Application Data Monitoring solutions to strengthen its already robust corporate security strategy, and demonstrate compliance with the Payment Card Industry Data Security Standard (PCI DSS).

Established in 1981, Credit Union 24 offers a flexible, cooperative electronic funds transfer (EFT) environment designed to empower credit unions to attract, serve and retain members. With nearly half a million locations at major retailers and local merchants, it is the largest credit union-owned POS network in the United States. Counting more than 100,000 national and international ATM locations in its network, the company offers access to the greatest number of surcharge-free ATMs in the country.

Credit Union 24 sought to streamline the time- and labor-intensive process of ensuring PCI DSS compliance. After extensive research and due diligence, the company identified policy and procedural alternatives that eliminated much of the need to access PCI DSS “in scope” data for normal operations and still provide the highest level of service and security to its participating credit unions. In order to fully realize the benefits, Credit Union 24 needed to automatically verify the new policies and procedures to eliminate expensive Qualified Security Assessor (QSA) audits.

“After initially researching data loss prevention technology, we realized that we could not manage a DLP solution with existing resources. SIEM offered a more comprehensive view of network activity, and if used appropriately, could help us effectively detect insider and outsider data loss and more – without DLP’s significant acquisition costs, deployment complexity, or need to hire additional IT personnel,” said Mike Williams, Assistant Vice President of Technology at Credit Union 24. “Based on information from Gartner, product reviews, the completeness of its solution, simplicity of implementation, and the breadth and scope of functionality, we picked NitroSecurity as our SIEM partner of choice.”

Credit Union 24 selected NitroSecurity’s integrated NitroView solution of NitroView ESM, NitroView ELM, NitroView DBM and NitroView ADM. The company was impressed with NitroView’s powerful, unified capabilities and easy-to-use management interface. With information now flowing from its vulnerability assessment tools, firewalls, IPS and endpoint protection software into NitroView, Credit Union 24 has enhanced visibility and analysis of all network traffic to validate PCI DSS compliance.

“NitroView enhances the security of our critical corporate data,” continued Williams. “The implementation was about as close to plug-and-play as you can achieve – connecting data sources was easy and the data appeared in the UI instantly. NitroSecurity’s post-sale service and support is among the best we’ve ever experienced and they’ve helped us realize immediate ROI on our investment.”

“Effective security operations not only involves advanced technology automating efficient procedures, but also talented people to help implement best-in-class products in partnership with innovative customers,” said Ken Levine, CEO of NitroSecurity. “With an award-winning SIEM solution backed by a world-class service and support team, NitroSecurity is committed to helping enterprise customers like Credit Union 24 leverage technology and maximize their staffing and financial resources so they can expand their market leadership while achieving their security and compliance objectives.”

For more information on NitroView and other NitroSecurity offerings, please visit the company’s Web site at http://www.nitrosecurity.com.

About Credit Union 24, Inc.

Credit Union 24 is a flexible, credit union-owned, full-service, deposit-taking ATM and POS network with multiple processor links, hundreds of thousands of POS locations at national retailers and local merchants, and more than 100,000 ATM terminals across the country. Credit Union 24’s CU HERE surcharge-free programs combine to create the largest surcharge-free ATM presence in the country. Headquartered in Tallahassee, Fla., the Credit Union 24® Network is a strong, growing and independent EFT cooperative and is the largest credit union-owned ATM and POS network in the U.S. For more information about Credit Union 24, please visit www.cu24.com

About NitroSecurity

NitroSecurity develops high-performance security information and event management (SIEM) solutions that protect critical information and infrastructure. NitroSecurity solutions reduce risk exposure and increase network and information availability by removing the scalability and performance limitations of security information management. Utilizing the industry’s fastest analytical tools, NitroSecurity identifies, correlates and remediates threats in minutes instead of hours, allowing organizations to quickly mitigate risks to their information and infrastructure. NitroSecurity serves more than 500 organizations in the energy, healthcare, education, financial services, government, retail, hospitality and managed services industries. For more information, please visit http://www.nitrosecurity.com.

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