Business Services Industry
RippleTech Announces 25 New Fortune 1,000 LogCaster for Sarbanes-Oxley Clients; Event Log Consolidation Solution Solving IT Control and Reporting Problems for Leading Companies
Business Wire, March 15, 2005
CONSHOHOCKEN, Pa. -- RippleTech (www.rippletech.com), a leading provider of security, compliance and systems management solutions, this week announced that in the first 60 days of availability of its LogCaster for Sarbanes-Oxley solution, 25 Fortune 1,000 companies have automated IT controls and reporting with the solution.
"LogCaster for Sarbanes-Oxley increases efficiency, significantly reducing the time and cost of compliance by automating the monitoring and reporting of financial data," stated Brian McDonnell, CEO of RippleTech. "For any company looking to effectively demonstrate IT controls and automate reporting, LogCaster has emerged as the obvious solution. We are excited to be answering this market need."
"Lifecell Corporation selected LogCaster because of its powerful reporting capabilities," said Rudy Gudmundsson, Manager of Network and Security Systems, Lifecell Corporation. "With LogCaster in place, we have a powerful tool to monitor our Windows and UNIX systems, and are confident that we have the exact rules in place for log reporting and monitoring of our systems - a key component to our overall Sarbanes-Oxley compliance effort."
Some of the 25 new LogCaster clients include Lifecell Corporation, Liggett Vector Brands Inc., Brickman Group, Sloss Industries, Sage Hospitality Resources, Frisch's Restaurant and Caterpillar Financial. The solution is gaining broad appeal among all companies looking for more effective ways to control and monitor their financial data.
RippleTech provides LogCaster for Sarbanes-Oxley - dubbed "SOX in a Box" - the only solution available that is pre-configured to provide Sarbanes-Oxley Section 404 compliance, with under-an-hour installation. The easy-to-use interface provides the required reports on the control of financial data, ensuring proof of compliance while identifying other areas of potential risk. These reports are available "on-demand" and can be delivered automatically in various formats based on pre-set parameters.
The LogCaster pre-configuration saves RippleTech clients significant time, effort and money in addressing the following key components to Section 404 compliance:
--ensuring that event log files and server access attempts are recorded;
--enabling total awareness of security breaches;
--and enabling RippleTech's client organization to demonstrate year-over-year improvements in its monitoring and response.
About RippleTech
RippleTech is a leading provider of security, compliance and systems management solutions. RippleTech's compliance offerings target Sarbanes-Oxley, HIPAA, Gramm-Leach Bliley (GLBA), among others. This growing line of solutions is proven, cost-effective and backed by RippleTech's "Extreme Support," expert service and training. More than 650 companies worldwide rely on RippleTech solutions. For more information call 866-739-8587 or visit www.rippletech.com.
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