March 14, 2007

Compliance mandates offer unique opportunity to generate additional IT value

Columbia, MD – Prism Microsystems, Inc., developers of enterprise log management solutions, today announced a series of on-demand webinars to introduce how companies can leverage required investments for IT regulatory compliance to deliver not only compliance, but in-depth threat detection and valuable IT process optimization as well. Many of the compliance requirements in regulations such as Sarbanes-Oxley, HIPAA and others are, in fact, simply IT best practices turned into legislation. IT managers can realize significant benefits by looking beyond the simple requirement of compliance to understand how to gain additional advantages from compliance mandates.

Leveraging compliance investments is particularly beneficial for SMBs, who in general have more limited resources and competing IT priorities, but have similar mandates as larger IT organizations. Log management solutions such as EventTracker, developed by Prism Microsystems, offer an integrated approach to compliance automation, providing additional efficacies using the same pool of resources as required by regulatory standards, enabling companies with restricted investment capacities to meet other IT mandates.

“Regulatory Compliance is here to stay and the pragmatic view is that if you have to be in compliance, you may as well take as much advantage of what compliance gives you as you can – and there are several areas that have enormous ROI with little or no additional work” says A.N. Ananth, President of Prism Microsystems, Inc. “In all of the compliance requirements there exists a mandate to collect audit records in the form of system event logs. These event logs contain a wealth of information that once available can be leveraged to significantly improve an organizations overall security, and dramatically increase IT responsiveness.”

“EventTracker features high on the SMB value curve, by removing the complexity associated with compliance while delivering advanced threat management and process optimization capabilities at significantly lower costs than traditional solutions” says Steve Lafferty, VP of Marketing, Prism Microsystems, Inc. Some of EventTracker’s features include automated and analytical reporting with over 300 pre-defined reports, host-based intrusion detection, real-time correlation of enterprise-wide events, intelligent forensics, secure event warehousing and network/user/identity monitoring.
A software-only solution, EventTracker is enterprise-class and has no hidden costs in the form of additional resource requirements such as expensive database licenses, specialized training or implementation services This ‘best of both worlds’ scenario is specifically suited to the needs of small to medium sized businesses and is essential for generating business value while simplifying compliance management.

About Prism Microsystems

Prism Microsystems, Inc. was formed in 1999 and is a privately held corporation with headquarters in the Baltimore-Washington high tech corridor. Research and development facilities are located in both Maryland and India. The company delivers business-critical solutions to consolidate, correlate and detect changes that could impact the performance, availability and security of a company’s IT infrastructure.

EventTracker, Prism’s enterprise event management solution, is designed to enhance the security of critical systems, maintain confident compliance, and improve overall performance and availability. EventTracker is engineered for ease of use, flexibility and has over 600 customers in 50 countries across multiple sectors.