BindView Presents One-Hour Sarbanes-Oxley Compliance Forum; Online Panel to Address Current Compliance Issues and Answer Questions.

HOUSTON -- Arming customers with regulatory compliance and audit insight, BindView Corp. (Nasdaq:BVEW), a leading provider of proactive business policy, IT security and directory management software worldwide, announced plans for an informational Webinar for companies implementing IT security controls for compliance with the Sarbanes-Oxley Act. Moderated by BindView Senior Compliance Strategist Dave Mann, the seminar features panelists Charles H. Le Grand, assistant vice president with The Institute of Internal Auditors (IIA); Clint Kreitner, president and CEO of the Center for Internet Security (CIS); and Brandon Dunlap, president and managing partner with Brightfly Consulting.

What:

Section 404 of the Sarbanes-Oxley Act requires companies to demonstrate management assessment of internal controls, with mandated deadlines for compliance looming later this year and into 2005. There is ongoing debate among auditing firms on how to satisfy Sarbanes-Oxley requirements; and there is growing concern among corporate executives regarding implementation of effective internal controls and receiving passing grades from auditors. In the balance are penalties for non-compliance -- including fines and imprisonment.

BindView and its panel of experts will conduct an online discussion titled "Satisfying Sarbanes-Oxley Computer and Security Controls Requirements: Feeling Lucky?" The one-hour session will uncover how companies can confidently implement IT controls for compliance with Sarbanes-Oxley.

"Despite the fact that non-compliance is not an option, many publicly traded companies are still struggling to address the ongoing requirements set forth in Sarbanes-Oxley," said Mann. "This panel will help larger companies already working to implement controls to meet their compliance deadline later this year, as well as small-cap companies now considering policy formation to meet their compliance deadline next year."

When:

Tuesday, Aug. 17, 2004, at 11:00 a.m. CDT 

Who Should Participate:

IT executives, managers and auditors with responsibilities for demonstrating regulatory compliance should join. Participants will gain insight into specific strategies to determine how much IT security is needed, including:

--Three must-know principles your auditor may NEVER tell you to properly prepare your organization for the Computer and Security Controls audit.

--How to evaluate business impact, feasibility and cost to address IT gaps and risks before the audit.

--Practical steps to move beyond the 50,000-foot policy level into security implementation.

--The role of configuration best practices such as CIS Benchmarks, Microsoft and NIST.

How to Register:

Visit the BindView website to register: http://www.bindview.com/events/GetEvents.cfm?NUM=1158&AD=WB- 0817SOXWbnr-Q304

About the Speakers:

Dave Mann, Ph.D.:

A frequent speaker at industry events, Dave Mann is senior compliance strategist with BindView. Mann is responsible for product development of BindView's Policy Compliance solutions portfolio. Previously he worked at the MITRE Corporation where he is credited as co-founding MITRE's Common Vulnerabilities and Exposures list (CVE), an industry-wide naming convention for security vulnerabilities. Mann was also a software developer building database application development software and as a Visiting Professor at the Naval Postgraduate School.

Charles Le Grand, CIA, CISA, CDP:

As Assistant Vice President of Technology Practices for The Institute of Internal Auditors (IIA), Charles Le Grand provides direction to all areas of The IIA in the use of technology to deliver programs and products for the internal auditing profession. This includes research and educational programs to study and promote progress of the profession and individual internal auditors. Le Grand is staff liaison to The IIA's International Advanced Technology Committee. He also serves as technical advisor to the International Federation of Accountants Information Technology Committee, and interfaces with other organizations concerned with technology and its security, control, auditing and educational aspects.

Clint Kreitner:

Clint Kreitner is president and CEO of the Center for Internet Security. He was previously president of a multi-hospital region of Adventist Health System and member of its Board of Directors. Founder and president of two computer software and services firms, Kreitner also served as director of Computer Aided Ship Design for the Navy and director of the Design Division of the Pearl Harbor Naval Shipyard.

Brandon Dunlap:

Brandon Dunlap is president and Managing Partner of Brightfly Consulting. Dunlap is currently developing and building the security program for a Fortune 500 energy company located in the Mid-Atlantic region of the United States. He manages all aspects of the company's Information Security program, including establishing, maintaining and monitoring the policies and procedures from which the organization has built its risk management strategy.

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 and directory administration 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 e-mail at [e-mail] or visit BindView's website at http://www.bindview.com. BindView can also be reached at 1-800-749-8439 or at 1-713-561-4000.