Companies named winners of Security Project of the Year
LONDON – November 9, 2012 – LogRhythm, a leader in cyber threat defence, detection and response, has become the joint winner of an award for Project of the Year as a result of its ongoing work with Callcredit Information Group, a leading provider of marketing and credit solutions. The companies were honoured yesterday at the Computing Security Awards ceremony, held in London. Now in its third year, the awards were set up to recognise the products, services and companies that have been most impressive at protecting organisations from IT security threats.
Callcredit is charged with safeguarding significant volumes of sensitive information and holds detailed credit and marketing data on more than 42 million individuals and 2.8 million active businesses. In addition, due to the fact it hosts services online, any outage would be both costly and damaging to its reputation. Before implementing LogRhythm, Callcredit used a system that covered the enterprise services element of the business however it recognised the importance of a Security Information and Event Management (SIEM) that could be deployed throughout its entire network. The advanced Protective Monitoring capability of LogRhythm’s platform enables Callcredit to automatically monitor its entire IT estate from a central point, enabling the company to make informed decisions based on business intelligence. LogRhythm’s Advanced Intelligence (AI) Engine correlates this information with unparalleled efficiency, alerting Callcredit to any malicious activity that might be taking place across its network.
“It was becoming clear that our legacy security system was in urgent need of expansion, but we realised that the upfront investment required for such a task would completely dwarf the value that it could deliver,” commented Michael Brown, group head of security and fraud management at Callcredit. “For this project, we wanted to find a provider that would be flexible enough to integrate with many vendor platforms, as well as supporting our own applications. Since deployment, LogRhythm’s platform correlates millions of logs daily, and generates actionable intelligence that we integrate into our big data analytics and strategic business processes. Our security has greatly improved, our compliance processes simplified and our overall IT networking processes have become much more efficient. As such, we are delighted that Computing Security has acknowledged the success of the project with this award.”
“Callcredit are to be congratulated on this award, as this is a perfect demonstration of the role that next generation SIEM technology can play in cost-effectively streamlining internal data security processes,” said Ross Brewer, vice president and managing director of international markets, LogRhythm. “The overall threat landscape is evolving at such a rapid and unpredictable pace that it can make it hard for companies to keep abreast of the new threats targeting their networks. Callcredit is a great example of a forward-thinking company that is serious about preserving the integrity of the data that it has been entrusted with.”
LogRhythm is a world leader in NextGen SIEM, empowering organizations on six continents to successfully reduce risk by rapidly detecting, responding to and neutralizing damaging cyberthreats. The LogRhythm platform combines user and entity behavior analytics (UEBA), network traffic and behavior analytics (NTBA) and security automation & orchestration (SAO) in a single end-to-end solution. LogRhythm’s Threat Lifecycle Management (TLM) workflow serves as the foundation for the AI-enabled Security Operations Center (SOC), helping customers measurably secure their cloud, physical and virtual infrastructures for both IT and OT environments. Built for security professionals by security professionals, the LogRhythm platform has won many accolades, including being positioned as a Leader in Gartner’s SIEM Magic Quadrant.