DBI and Covelight Systems Announce Partnership to Solidify Corporate Data Security, Fraud Protection and Accountability; Solution Enhances SOX, HIPAA, GLBA, FFIEC, Basel II, PCI, & FDA Compliance.CARY, N.C. -- Covelight Systems, an innovator of solutions for real-time online fraud protection and regulatory compliance, and Database-Brothers, Inc. (DBI (DeciBel Isotropic) The measurement of gain in a directional antenna compared with a theoretical "isotropic antenna," which radiates the exact same energy in all directions. See isotropic and deciBel. ), an industry leader providing accountability and performance solutions for DB2 LUW LUW Logical Unit of Work (database integrity) LUW Linux/Unix/Windows LUW Life Under Water (movie) and Oracle, today announced a strategic alliance agreement to strengthen enterprise accountability, ensure data security, enhance corporate regulatory compliance, and minimize liability due to fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. and malicious data access. DBI's Brother-WatchDog(TM) captures all database activities for all users and maps the identities of responsible persons -- including Power Users, DBAs, Decision Analysts, and Web Users -- to their activities, so that accountability can be achieved across the database community. Covelight's online fraud products capture all web application activity, including SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science transactions, and identify all users and track their sessions. Covelight Percept percept /per·cept/ (per´sept?) the object perceived; the mental image of an object in space perceived by the senses. per·cept n. 1. The object of perception. 2. (TM) monitors for policy violations and suspicious user activity in real-time while providing an analytics console for compliance audits and incident investigations. Covelight FraudProbe(TM) captures online traffic, transforms it into relevant data and feeds this reduced data set of FraudCues(TM) to external event stream processing Event Stream Processing, or ESP, is a set of technologies designed to assist the construction of event-driven information systems. ESP technologies include event visualization, event databases, event-driven middleware, and event processing languages, or complex event systems and log analyzers. When deployed together, DBI's innovative Brother-WatchDog(TM) solution and Covelight's online fraud products, will offer customers an iron-clad answer for fraud prevention and regulatory compliance. "This alliance with Covelight Systems is a tremendous step toward solidifying so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. corporate data accountability," said Scott Hayes, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of DBI. "Through our joint efforts, customers will have the ability to effectively monitor all access to sensitive data regardless of entry point, monitor data usage, and automatically stop suspicious activity." Spencer Snedecor, CEO of Covelight Systems, added, "With this relationship in place, corporate executives will be secure knowing that sensitive information is being properly safeguarded with full accountability. The combined solution ensures that malicious, fraudulent and inappropriate behavior by online users will not cause damage to the organization's reputation or introduce unwanted financial liabilities." About Database-Brothers, Inc. Database-Brothers, Inc. (DBI) is an industry leader in distributed DB2 LUW and Oracle database accountability and performance best practices methodologies, services, and products that enable companies to accelerate business accountability and performance with clarity. For more information, go to www.database-brothers.com or call (866) 773-8789 About Covelight Systems Covelight Systems is the field-proven leader in online fraud and identity theft solutions. With deployments at organizations that combined represent approximately $1.5 trillion in assets, Covelight's products, including Percept(TM) and FraudProbe(TM), deliver the only real-time, application-independent online fraud solutions that go beyond the financial transaction, deep into the application stream - providing the ultimate protection against emerging fraud tactics. For more information, go to www.covelight.com or call (919) 677-9680. |
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