Cloakware Selected to Speak at the Financial World of Information Technology Conference.

"Securing the Financial Data Center: Lessons Learned in Data Center Password Security" Outlines Processes to Safeguard Financial Organizations' Most Critical Passwords

VIENNA, Va. -- Cloakware Inc., the security solutions provider that makes security inseparable from software, today announced that Robert Grapes, enterprise solution specialist at Cloakware, has been selected as a featured speaker at The Financial World of Information Technology Conference on March 29, 2007 in Nashville, Tenn. Grapes, a recognized security industry expert, will present the session "Securing the Financial Data Center: Lessons Learned in Data Center Password Security."

Financial services organizations spend millions of dollars tackling user and access control issues, but few have addressed the critical issue of managing passwords used within their data centers by administrators and unattended applications. Grapes' presentation will highlight some of the hard "lessons learned" by leading financial institutions that do not have adequate password management and protection plans in place, and will provide attendees with proven methods to protect confidential data, decrease system downtime and lower operating costs across the enterprise.

"Commercial and federal legislation such as Sarbanes-Oxley, PCI and FISMA have mandated that enterprises take proactive measures to protect information within their networks," said Grapes. "Unfortunately, most organizations fall short when it comes to managing the passwords that protect the crown jewels of any organization - the data. Identifying weaknesses within the network and deploying new technologies to mitigate risk are the next steps towards compliance and overall corporate security."

Grapes has spent more than 15 years developing and managing enterprise security solutions for both government and commercial enterprise customers. He has spoken at many leading security industry events and has written extensively on the subject of security.

About Cloakware

Cloakware is the security solutions provider that makes security inseparable from the software it protects. From applications and databases deep inside corporations, to consumer devices like music players, to military weapon systems, more and more software applications need to protect themselves from unauthorized user access and tampering. Only Cloakware's patented, layered, and compliance-driven approach to software self-protection delivers the trusted environment that the government, enterprise, and consumer markets require. As a result, Cloakware solutions are on more than 500 million devices, protecting the assets of some of the world's largest, most recognizable and technologically advanced companies. The company is headquartered in Vienna, Va., has offices in Ottawa, Canada and the UK, and regional sales offices throughout the US.