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Bank Sal. Oppenheim jr. & Cie. (Luxembourg) S.A. Selects Cybertrust as Trusted Security Advisor.


Cybertrust to Serve as the Managed Security Services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the  Provider to Europe's Largest Independent Private Bank

HERNDON, Va. -- Cybertrust([R]), the global information security specialist, was selected to be the trusted security advisor to Bank Sal. Oppenheim Sal. Oppenheim jr. & Cie. KGaA is one of the largest privately owned banks in Europe, headquartered in Cologne, Germany with assets in the hundreds of billions of euros. History
The bank was founded in 1789 in the city of Bonn by seventeen-year-old Salomon Oppenheim, Jr.
 jr. & Cie. (Luxembourg) S.A., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Cologne-based Sal. Oppenheim jr. & Cie. KGaA, one of Europe's leading private banks. Cybertrust will provide 24x7x365 managed security services (MSS) for the bank in Luxembourg, as well as risk management and remediation advice via its professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  division.

"We have been working with Cybertrust for six years and our relationship has gone beyond the usual partner and supplier dynamic - we consider them a highly valued and trusted extension of our security team," explains Gary Schmitz, IT system administrator, Bank Sal. Oppenheim jr. & Cie. (Luxembourg) S.A.

"We lean on Cybertrust for support in many different areas of information security. Their pragmatic approach to risk management helps us refine our security strategy and shape our security policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . We wouldn't embark on a new security installation without prior consultation with Cybertrust," he adds.

Sal. Oppenheim was established in 1789 and has always been a progressive company, embracing practices that will improve and enable the business. This includes its adoption of MSS and the outsourcing of the remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a  and management of Intrusion Detection Systems (IDS) to Cybertrust.

"By outsourcing to Cybertrust, our in-house team is supported by a highly trained, specialist security staff and is guaranteed around the clock support," Schmitz continues.

Cybertrust is the global market leader in MSS, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Frost & Sullivan. The company's three-tier MSS architecture is unique in the industry, and is based on each customer's strategy, regulatory environment, culture and in-house competency needs, offering customers a wide variety of flexible service options. Some organizations, such as Sal. Oppenheim, allow Cybertrust to do all of the managing and monitoring on their behalf. Others prefer to do this in-house, and in these cases Cybertrust helps customers build and manage their own Security Operations Center A Security Operations Center is a centralised unit in an organisation that deals with security issues.

The Transportation Security Administration (TSA; an agency within the US Department of Homeland Security) has implemented Security Operations Centers (referred to as SOC)
 (SOC). Other customers choose a cross between the two.

Bart Vansevenant, director of product management, managed security services, explains: "Our longstanding relationship with Sal. Oppenheim bank is a testament to our risk-based approach to security, the expertise and specialist skill-set of our consultants and the added advantage of being able to access the breadth and depth of our full MSS portfolio. By working with Cybertrust, our customers are able to be proactive around managing security threats so they can focus on running their businesses."

For more information on Cybertrust Managed Security Services, please visit http://www.cybertrust.com/solutions/managed_security_services.

About Cybertrust

Cybertrust is the global information security specialist, delivering services that secure critical data, protect identities and help customers demonstrate ongoing compliance. Headquartered in Herndon, Virginia Herndon is a town in Fairfax County, Virginia, United States. The population was 21,655 at the 2000 census, which makes it the largest of three towns in the county.[1] History , United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with more than 30 offices around the globe, Cybertrust is one of the world's largest providers of information security and is recognized as the global market leader in managed security services. For more information, visit www.cybertrust.com.

[c] Cybertrust 2006. All Rights Reserved.

Cybertrust is a registered trademark of Cybertrust Holdings, Inc. and/or its affiliates. All other trademarks are property of their respective owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 4, 2006
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