Integrated Log and Security Event Management Solution Provides Early Warning of Threats and Deep Visibility for Forensic Investigations and Regulatory Reporting
April 14, 2010 – LogRhythm, the company that makes log data useful, today announced that Bank of the West, with over 700 locations in 19 states and more than $60 billion in assets, has selected LogRhythm to automate and centralize security monitoring, alerting, and investigations, as well as regulatory compliance reporting of security events as related to Sarbanes Oxley and GLBA. The Bank selected LogRhythm for its unique ability to provide deep visibility into internal systems and web server activity by combining log management/analysis and Security Information and Event Management (SIEM) in a single integrated, easy-to-use solution. Bank of the West joins a rapidly growing list of financial services organizations that use LogRhythm.
Following a comprehensive evaluation of top-tier SIEM vendors and their products, Bank of the West selected LogRhythm to enhance the automation of its log and event management functions. Bank of the West will use LogRhythm to analyze and alert on system logs continuously collected from three datacenters, 700 branch and retail locations, 2,500 servers, and 2,000 security and network devices. To take advantage of the deep visibility provided by LogRhythm into IT systems across the enterprise, the Bank’s network, server/desktop, and database management teams will also share access to the system. The Bank also plans to use LogRhythm to monitor application logs on several sensitive financial systems to assist in preventing fraud.
“For a system that is easy to set up and use, LogRhythm incorporates powerful log and event visualization tools, smart alerts, and data trending reports,” said Wayne Proctor, Bank of the West VP of Information Security. “LogRhythm will enable our security team to centrally manage security and more quickly address IT audit, SOX and GLBA reporting. We were impressed with LogRhythm’s ease of deployment, intuitive user interface, and powerful forensic investigation tools.”
“For Bank of the West, which has a large and very distributed environment, managing security and meeting reporting requirements for GLBA and SOX is a monumental task even with a large IT staff,” said Chris Petersen, founder and CTO of LogRhythm. “LogRhythm does the heavy lifting to enable Bank of the West’s IT team to proactively monitor security events across the enterprise, perform rapid and efficient investigations, and meet regulatory compliance requirements – without adding headcount and spending hours or days manually sifting through logs.”
About Bank of the West
Based in San Francisco, $60 billion-asset Bank of the West (www.bankofthewest.com) offers a full range of business, corporate, personal, trust and international banking services. Bank of the West operates more than 700 branch locations and commercial banking offices in 19 Western and Midwestern states. Bank of the West’s holding company, BancWest Corporation, is a subsidiary of BNP Paribas, among the six strongest banks in the world according to Standard & Poor’s, with operations in 84 countries. http://www.bankofthewest.com