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

2008-07-15 07:00:00

Vormetric Solves Encryption Management Complexity Challenges With

Centralized Key and Policy Management for SQL Server Security

SANTA CLARA, Calif.–(EMWPresswire)–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 encryption and key management requirements,

said Troy Larson, MetaBanks 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 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, Diners Club 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. 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 MetaBanks

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 headquartered in Storm

Lake, Iowa. Meta Financial Group, Inc.®

is the holding company for MetaBank, Meta Payment Systems®,

and Meta Trust Company®.

The Meta Payment Systems (MPS) division of MetaBank based in Sioux

Falls, South Dakota, 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 Global Market®:

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

todays 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 as the core database encryption solution for DB2 and

    Informix on LinuxTM, Unix®

    and Windows

  • Computerworld Technology Innovation Award

  • Selection by Symantec to provide the Symantec Veritas NetBackupTM

    Media Server Encryption Option

  • Partnership with Oracle to secure the execution environment for Oracle®

    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.

Schwartz Communications, Inc.
Erin Del Llano, 415-512-0770 (Media)
vormetric@schwartz-pr.com

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