BindView Chairman, CEO Eric Pulaski Speaks at North America Security Conference.

Business Editors/High-Tech Writers

HOUSTON--(BUSINESS WIRE)--May 20, 2003

Underscoring the requirements now placed on organizations by newly mandated legislation, BindView (NASDAQ:BVEW) Chairman, CEO and President Eric J. Pulaski challenged participants at the North America Conference on Audit and Computer Security (CACS) to create stringent security and compliance policies in operating their IT infrastructures. According to Pulaski, CEOs, CIOs, CFOs and their Boards of Directors must work hand-in-hand to certify that financial information is kept under proper controls to meet these requirements.

Pulaski spoke at this morning's CACS forum held in Houston and presented by the Information Systems Audit and Control Association (ISACA). With a membership of more than 26,000 in 100 countries around the world, ISACA is recognized as one of the five most influential non-vendors in the IT security industry.

"Senior executives face the risk of jail sentences if an investigation shows they were derelict in their financial reporting," noted Pulaski. "In addition to following these regulations, it's critical for officers not only to bridge the gap between real world security and technical policies, but also to be able to demonstrate that reasonable care has been taken to secure IT environments."

To reinforce corporate business objectives, Pulaski encouraged executives to create policies as the cornerstone of their IT security programs. Through policy creation, he noted, executives should also measure policy effectiveness, assess security parameters and correlate a direct business benefit. He additionally noted that while standards should be tightly written, they should also be easily understood.

Pulaski also cited data from leading industry market research firm Meta Group that advises organizations to balance protection with productivity.

About BindView Corporation

BindView Corporation is a leading provider of proactive business policy, IT security and directory management software worldwide. BindView solutions and services enable customers to centralize and automate policy compliance, vulnerability assessment, directory administration and migration across the entire organization. With BindView insight at work(TM), customers benefit from reduced risk and improved operational efficiencies with a verifiable return on investment. More than 20 million licenses have shipped to 5,000 companies worldwide, spanning all major business segments and the public sector. Contact BindView via email at [e-mail] or visit our website at http://www.bindview.com/. BindView can be reached at [phone] or [phone].