TRACESECURITY FLAGSHIP PRODUCT TO OFFER FULL SERVICE NERC CIP COMPLIANCE SUPPORT FOR ENERGY COMPANIES
Electric Energy Industry to See Significant Cost Savings and Compliance Automation from Multi-Industry Tested TraceSecurity Compliance Manager 4.5
BATON ROUGE, La. – (June 9, 2008) – TraceSecurity, a leading Software-as-a-Service (SaaS) provider offering security compliance and risk management software and professional services, today announced a significant enhancement to its flagship product, TraceSecurity Compliance Manager (TSCM) 4.5, to support NERC (North American Electrical Reliability Corporation) Cyber Security Standards. TSCM 4.5 delivers a unique framework to create and maintain continuous security and compliance best practices. It also assesses and recommends controls to meet the requirements defined in the NERC Cyber Security Standards CIP 002 thru CIP 009. TSCM 4.5 will offer energy companies significant cost savings through the use of a proven and time tested security compliance tool used by over 800 organizations in several industries for over the past five years. The integrated suite of Web-based software services can reach all parts of the enterprise through processes such as Policy Distribution, Training, Alerts, and Risk Management making the compliance process efficient and cost effective.
NERC CIP standards protect electric systems in North America by offering a complete security approach and were created in response to the growing concern of security vulnerabilities in the electrical industry’s cyber infrastructure. To help energy customers meet these compliance regulations, TSCM 4.5 automates the NERC-CIP compliance management processes and transforms an energy company’s intent to comply with new regulatory standards into auditable controls, records and processes.
“Adding NERC CIP standards to Compliance Manager will now allow energy companies to automate compliance processes that were otherwise performed manually,” said Jim Stickley, CTO of TraceSecurity. “The NERC CIP regulations became effective in June 2006, yet most energy companies have yet to become compliant. Many of these companies lack the necessary tools to effectively meet these requirements. TraceSecurity Compliance Manager 4.5 offers a completely automated solution with components specifically designed to assist in meeting the NERC regulations“
TraceSecurity provides a full range of Software-as-a-Service products that deliver comprehensive security compliance to help hundreds of customers throughout North America meet industry-specific regulatory standards and compliance measures. In addition to the energy industry, TraceSecurity also serves markets including healthcare, financial services, insurance and more. TraceSecurity’s expertise across diverse industries resulted in an invitation to Capitol Hill to provide input on government legislation affecting security issues in multiple industries.
About TraceSecurity
TraceSecurity is a leading provider of security compliance and risk management solutions. The company helps organizations of all sizes to achieve, maintain and demonstrate security compliance while significantly improving their security posture. Key to TraceSecurity’s success is the company’s comprehensive patent-pending methodology that helps clients address all of the critical components of a successful security compliance program: people, process and technology.
TraceSecurity delivers its solutions through an integrated software-as-a-service platform backed by expert professional services and comprehensive security awareness programs. The company’s flagship offering, TraceSecurity Compliance Manager, is the first comprehensive solution to automate regulatory compliance audits, board level reporting, policy management, vulnerability assessment, and employee education and testing. The company’s expert professional services include onsite security audits and social engineering. The security awareness programs include an exhaustive set of standard offerings as well as custom designed courses. With over 800 clients, TraceSecurity supports the risk management and security compliance efforts of organizations in financial services, healthcare, energy, government and other regulated sectors. For more information, please visit
www.tracesecurity.com.
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Note: TraceSecurity is a trademark of TraceSecurity, Inc.
FOR IMMEDIATE RELEASE:
David Splivalo
Freestyle Public Relations
515-223-4343
david@freestylepr.com
