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Media Release: PGP Corporation Selects Lumension Security to Extend Enterprise Data Protection Solution for Devices and Removable Media Industry Leaders to Integrate PGP Whole Disk Encryption with Device and Application Control Technologies Palo Alto, CA – 26 February, 2008 – PGP Corporation, a global leader in enterprise data protection, has partnered with Lumension Security™, a global leader in security management, to deliver PGP® Endpoint. This new solution prevents data loss through unauthorized devices, connections, and applications. PGP Endpoint is a centrally managed solution that integrates Lumension Security’s Sanctuary Device and Application Control with PGP® Whole Disk Encryption to protect data transferred or stored on portable devices. With PGP Endpoint, administrators easily establish and continuously enforce encryption security policies for device usage via USB, FireWire, WiFi, DVD/CD, and Bluetooth connections, preventing potential data loss. PGP Endpoint joins an award-winning family of applications that are part of the PGP® Encryption Platform, enabling organizations to protect data throughout the enterprise while reducing the operational costs associated with point solutions. “The troubling rise in data breaches exposing sensitive corporate, customer, and employee information demonstrates a need for enterprises to protect their data,” said Eric Maiwald, VP and Service Director at Burton Group. “Sensitive data should be protected against unauthorized disclosure on desktops, notebooks, handheld devices, and removable media. Encryption (with proper key management and authentication) is one of the best ways for enterprises to protect sensitive data on these types of systems and devices.” In 2007, research conducted by the Ponemon Institute found the leading source of data breaches in both the United States and United Kingdom was the loss or theft of mobile devices, including portable storage devices such as USB flash drives and external hard drives. With the cost of data breaches averaging $197 and £47 per record respectively, the enforcement of device usage policy and protection of data transferred to removable storage is highly critical. Many organizations have only started to recognize this imperative, and have subsequently turned to data encryption and data loss prevention solutions only after experiencing a breach. “Organizations are learning that to protect their businesses from the serious consequences of a data breach, they must protect the data itself: identifying data at risk, enforcing policy, and protecting data wherever it goes,” said Phil Dunkelberger, president and CEO of PGP Corporation. “In response to enterprise demand, PGP Corporation is partnering with Lumension Security to extend the PGP Encryption Platform to provide customers with another critical layer of data security and accelerate the protection of data throughout the enterprise.” PGP Endpoint is built on Lumension Security’s Sanctuary Device and Application suite to help enforce endpoint device use and encryption policies to prevent data theft and loss. With PGP Endpoint, administrators can establish and enforce policies for device usage via USB, FireWire, WiFi, and Bluetooth connections, preventing potential data leakage. Administrators can review device usage logs and establish policies to monitor the content of data transferred to and from the device. When PGP Endpoint is used with PGP Whole Disk Encryption, administrators can enforce granular policies based on encryption of removable storage. In 2007, both PGP Whole Disk Encryption and Lumension Security’s Sanctuary were named “Best Buy” by SC Magazine. “Because data is the most valuable asset an IT department must secure, enterprises today must adopt a well-rounded data protection program that includes key technologies and techniques to defend data on endpoint machines, enforce policies, and safeguard content residing at rest or in motion,” said Pat Clawson, Chairman and CEO of Lumension Security. “Today’s announcement underscores the power of the integrated endpoint data protection solution and the importance of data security, confidentiality, integrity and availability made possible by PGP Endpoint.” PGP Endpoint delivers the following key benefits:
About Lumension Security About PGP Corporation Media & analyst contact for PGP Corpoation: For PGP Corporation: Media & analyst contacts for Lumension Security: Cindy Kim Dan Borgasano Legal Notice Regarding Forward-Looking Statements Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in Platform support or additional functionality are subject to change at PGP Corporation’s sole discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation’s products; any technological, regulatory, or standards changes in the security, encryption and authentications market which could make PGP Corporation’s products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements. PGP and the PGP logo are registered trademarks of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners. |
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