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MetaBank(TM) Implements Vormetric Data Security for PCI DSS Compliant Database Encryption.


Vormetric Solves Encryption Management Complexity Challenges With Centralized Key and Policy Management for SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server.  Security

SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
, Calif. -- Vormetric, Inc., the leader in data security management and enforcement solutions, announced today that MetaBank has implemented Vormetric Data Security to encrypt and protect sensitive personal and financial information on customers and credit card holders. MetaBank selected Vormetric Data Security to encrypt SQL Servers storing sensitive data based on ease of implementation, transparency, performance and centralized policy and key management.

"Vormetric Data Security offered us an easier yet effective method to encrypt our SQL Server databases and comply with PCI DSS (Payment Card Industry Data Security Standard) Security procedures from the PCI Security Standards Council for merchants that accept credit cards online.  encryption and key management requirements," said Troy Larson, MetaBank's vice president, Information Systems. "As opposed to the complexity of implementing point encryption products, Vormetric Data Security provides us with a consistent and centrally managed security model across our infrastructure. The abilities to centralize key and policy management as well as implement a solution that evolves with our developing needs were critical factors in our decision to select Vormetric."

The Payment Card Industry Data Security Standard 1.1 (PCI DSS) requires strict protective measures for securing cardholder card·hold·er  
n.
One who holds a card, especially a credit card.



cardhold
 data. Any company that stores, processes or transmits credit card data must comply with the standard, which is designed and enforced by card industry leaders Visa, MasterCard, American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Diners Club Diners Club International, originally founded as Diners Club, is a credit card company formed in 1950 by Frank X. McNamara, Ralph Schneider and Casey R. Taylor. When it first emerged, it became the first independent credit card company in the world.  and Discover.

PCI DSS mandates include data encryption, protection of stored cardholder data, detailed auditing and logging of all access attempts, and controls on those who are authorized to view or work with the data. Vormetric Data Security meets PCI DSS and protects valuable information wherever it is stored within the enterprise.

"As enterprises move toward broad encryption implementations, the ability to centralize and standardize key management and data security has become a pressing need," said Richard Gorman, Vormetric 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. . "Vormetric Data Security is the only solution providing organizations, like MetaBank, with this central point of management, securing any file, any database, anywhere across an enterprise. We are proud to serve MetaBank's needs as the centralized data security system for addressing their database encryption, customer information protection and PCI DSS compliance needs."

About MetaBank

MetaBank is a federally chartered savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.  headquartered in Storm Lake, Iowa Storm Lake is a city in Buena Vista County, Iowa, United States. The population was 10,076 at the 2000 census. It is the county seat of Buena Vista CountyGR6. Storm Lake is home to Buena Vista University, originally Buena Vista College. . Meta Financial Group, Inc.([R]) is the holding company for MetaBank, Meta Payment Systems([R]), and Meta Trust Company([R]). The Meta Payment Systems (MPS) division of MetaBank based in Sioux Falls, South Dakota Sioux Falls (IPA: [su fɑlz]) is the largest city in the U.S. state of South Dakota, and the county seat of Minnehaha County.GR6 The 2007 city population is 148,000. , is a recognized leader in the prepaid card industry and provides innovative payment solutions delivered nationally in collaboration with market-leading partners. MPS focuses on offering specific product solutions in the following areas: (i) prepaid cards, (ii) credit cards and lending solutions, and (iii) ATM sponsorship. Meta Financial Group is traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Global Market([R]): CASH. For more information visit http://www.metacash.com.

About Vormetric

Vormetric is the leader in data security management and enforcement solutions.. Vormetric Data Security Expert provides a centrally managed, high performance, easy-to-implement, distributed solution that solves the pressing compliance, security and risk management challenges facing today's enterprises and government agencies. Vormetric's application- and database-transparent solution outperforms other offerings to provide stronger and broader data security at a fraction of the management and implementation cost.

Vormetric's more than 150 customers represent the world's most trusted brands in financial services, retail, manufacturing, healthcare, media, energy and telecom industries as well as highly security conscious government agencies.

Vormetric technology has received strong market validation for its innovative approach to data security, including:

* Selection by IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  as the core database encryption solution for DB2 and Informix on Linux(TM), Unix[R] and Windows

* Computerworld Technology Innovation Award

* Selection by Symantec to provide the Symantec Veritas NetBackup(TM) Media Server Encryption Option

* Partnership with Oracle to secure the execution environment for Oracle[R] Database Vault

* Three patents issued and eleven patents pending

Vormetric is a trademark of Vormetric, Inc. All other names mentioned are trademarks, registered trademarks or service marks of their respective owners.
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Jul 15, 2008
Words:653
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