Born from Rising Concerns about Data Breaches and Based on LogRhythm’s Security Intelligence Platform, New Suite goes Beyond PCI Compliance to Safeguard Data
SINGAPORE—July 22, 2014— LogRhythm, The Security Intelligence Company, today announced a new set of product features specifically designed to quickly help identify early indicators of cyber-attacks on the payment processing chains of retail organizations. Powered by LogRhythm’s Security Intelligence Platform, the new Retail Cyber Crime Security Analytics Suite provides a complete forensic view into anomalous and malicious activity so that attacks can be quickly spotted and remediated.
“As a growing restaurant chain with nearly 400 locations, PCI (Payment Card Industry) compliance is a priority for us, but obviously the overarching concern and foremost objective is protecting our customer’s data,” said Corey Kline, IT director at LogRhythm customer Noodles & Company. “LogRhythm’s Retail Cyber Crime Security Analytics Suite provides us with the in-depth and enhanced insight needed into our point-of-sale (POS) endpoints.”
The Retail Cyber Crime Security Analytics Suite correlates information about POS endpoints, payment processors, back-office systems and networks—systems that have specific purposes and should behave in predictable ways. LogRhythm’s patented machine analytics technology, the AI Engine, spots activity deviant from normal behavior in real time.
“As an independent QSA (Qualified Security Assessor), Coalfire regularly works with retailers concerned about potential data breaches, and we encourage all of our retail clients to go beyond simply complying with PCI mandates,” said Rick Dakin, chief executive officer and co-founder of Coalfire Systems, Inc. “LogRhythm’s Retail Cyber Crime Security Analytics Suite offers much needed visibility and response capabilities beyond what PCI compliance alone can provide, and it helps retailers shore up their defenses amidst an increasingly daunting cyber threat environment.”
“The Target and P.F. Chang’s data breaches are on a long and growing list of retail industry breaches that might have been detected sooner – or prevented altogether – with better visibility of early threat indicators that were material variances from normal activity,” said David Pack, director of LogRhythm Labs. “The Retail Cyber Crime Security Analytics Suite removes a number of significant visibility gaps for retailers, thereby enabling them to detect and respond sooner to advanced threats.”
The Retail Cyber Crime Security Analytics Suite is available to retailers immediately as part of LogRhythm’s award-winning Security Intelligence Platform.
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) framework 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.