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NTRA Adds Systems Security Experts; Assessments and Testing to Begin Immediately.


Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 6, 2002

A computer systems security and testing team has been added to the NTRA NTRA National Thoroughbred Racing Association
NTRA National Telecommunication Regulatory Authority (Egypt)
NTRA National Training Reform Agenda
NTRA Nano Technology Research Association (Korea) 
 Wagering Technology Working Group. The Technology and Security Risk Services practice of Ernst & Young has already begun to assess and test tote security systems, coordinating its efforts with tracks, tote companies and the Thoroughbred Racing Protective Bureau (TRPB TRPB Truncated Reverse Path Broadcasting ).

Ernst & Young is a leading security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the  provider for many of the Fortune 200 corporations, including major financial, technology and electronic commerce companies.

"Issues of information systems security are not unique to horseracing or pari-mutuel wagering," said Mark Doll, national director of Security and Technology Solutions for Ernst & Young. "Every industry involved in these kinds of financial transactions faces similar issues. We look forward to helping the horseracing industry determine both short-term and longer-term steps to assure wagering security and enhanced public confidence."

The retention of the specialized unit of Ernst & Young was one of several initial action items recommended by the NTRA Wagering Technology Working Group, which met Monday. The Working Group was formed last week to promote industry-wide solutions to issues raised in connection with this year's Breeders' Cup The Breeders' Cup World Championships is an annual series of Grade I thoroughbred horse races operated by Breeders' Cup Limited, a company formed in 1982 by a consortium of North American racing organizations, led by the National Thoroughbred Racing Association.  Pick Six wagering.

Initially, the Ernst & Young unit will seek information from the industry's totalisator totalizator, totalisator

a computer-driven, machine-operated betting system which eliminates the bookmaker in the betting industry which surrounds horse and dog racing. Called also parimutuel.
 companies and racetrack operators (starting with the Churchill Downs Churchill Downs, Ky.: see Louisville.  - Magna Entertainment - New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Racing Association group) as part of an expedited assessment and testing process, which is expected to take approximately four weeks.

Working with the NTRA's Technical Task Force, the TRPB and others, the team's first priority will be to identify immediate steps that the industry can take, with tote company cooperation, to maximize wagering security while longer-term technology issues are addressed.

"The industry is working together as never before to achieve a common, overriding priority: assuring public confidence in the sport of horseracing by making concrete improvements to its wagering systems," said NTRA Commissioner Tim Smith Tim Smith is a common name. Notable people with the name Tim Smith include:
  • Tim Smith (rugby league) (born 1985), Australian rugby league player
  • Tim Smith (American football) (born 1957), former NFL wide receiver
. "Adding Ernst & Young's considerable expertise in the area of electronic transaction security and testing is part of that focused, ongoing effort."

Representatives of the Ernst & Young unit began fact-finding sessions with industry representatives yesterday, and continue today with multiple meetings, including an initial session with tote companies.

The next meeting of the NTRA Wagering Technology Working Group is scheduled for tomorrow, Thursday, November 7. Among other agenda items, the Working Group is expected to focus on potential interim steps for immediate review with industry and tote company representatives.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 6, 2002
Words:402
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