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AVANTEC and AlgoSec Team Up to Provide LGT Group With Security Policy Management and Optimization Solution
AlgoSec Channel Partner Relies on AlgoSec Firewall Analyzer to Help International Wealth and Asset Management Company Improve Security Posture and Operational Efficiency
| Source: AlgoSec
RESTON, VA--(Marketwire - January 27, 2010) - AlgoSec®, the leading provider of
firewall operations and security risk management solutions, today announced
that AlgoSec Gold Partner and leading Swiss IT service provider, AVANTEC
AG, has used the AlgoSec
Firewall Analyzer® to provide enhanced security and operational
efficiency to the firewall systems protecting LGT Group's globally
distributed IT network.
A global IT network connects LGT Group's 29 worldwide branches and 1,700
employees who together manage assets of more than CHF 79.0 billion. As part
of its role in safeguarding the integrity of this network, AVANTEC relies
on the AlgoSec Firewall Analyzer to provide visibility, management and
optimization of the dozens of security devices and thousands of firewall
rules and policies that protect the perimeter, and function as the first
and last line of defense.
"AlgoSec solutions and their intelligent automation technology fill a
unique gap in the security market and add a powerful element to our
portfolio," said Roman Peter, CAFSP, Security Engineer at AVANTEC AG. "Not
only are security and compliance more of a focus for today's enterprises,
particularly in the financial sector, but so too are technologies like the
AlgoSec Firewall Analyzer that deliver greater output from existing systems
by optimizing processes."
"The AlgoSec Firewall Analyzer has provided us with total control of our
firewall policies; ensuring that the significant resources we have
dedicated to securing our network are functioning at the highest possible
efficiency levels," said Martin Brandstetter, LGT Financial Services AG.
"These newfound efficiencies translate not only to improved security and
risk management, but also have a significant impact operationally, allowing
us to accomplish more with fewer resources and extend the life of existing
infrastructure investments."
With such a large and globally distributed network of hundreds of internal
team members and client stakeholders regularly influencing security
policies, managing the sheer number and complexity of relationships between
the individual firewall rules across LGT Group's network is an essential
task of the AlgoSec Firewall Analyzer. Its ability to clean up and optimize
security policies, as well as its Intelligent Rule Re-Ordering feature
which provides recommendations for re-ordering rules, has enabled the
AlgoSec Firewall Analyzer to optimize firewall systems and improve
performance and compliance.
Another key benefit that AlgoSec Firewall Analyzer has delivered to LGT
Group is the integration of change management processes into the security
policy lifecycle. Leveraging the AlgoSec Firewall Analyzer, LGT Group has
been able to engineer a formalized workflow process for managing changes
across the lifecycle of its firewall policies. This process ensures that
every policy change request follows a series of protocols that predetermine
the success of policy changes before they are pushed live across the
network.
More information on AlgoSec's firewall operations and security risk
management solutions as well as its Global Partner program can be found
online at www.algosec.com.
About AlgoSec
AlgoSec is the leading provider of Firewall Operations and Security Risk
Management solutions. AlgoSec's® exclusive technology is optimized for
enterprises, MSPs, auditors and consultants to quantifiably increase their
operational effectiveness. More than 400 leading organizations such as
Cisco, BP, Visa, Nokia, IBM, Vodafone, NASDAQ, KPMG, E&Y, Deloitte, and PwC
have selected AlgoSec's products -- AlgoSec Firewall Analyzer and
FireFlow™ -- to intelligently automate what were traditionally manual,
time- and labor-intensive tasks surrounding firewall, router and VPN
management. This translates to significant cost savings and greater output
for organizations without increasing headcount. AlgoSec also allows IT
organizations to get more from their current infrastructures by extending
the lifespan of existing security devices.