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AVANTEC (AVV.V) and AlgoSec Team Up to Provide LGT Group With Security Policy Management and Optimization Solution


1/27/2010 11:24:29 AM

RESTON, VA--(Marketwire - January 27, 2010) -

AlgoSec®, the leading provider of firewall operations and security risk management solutions, today announced that AlgoSec Gold Partner and leading Swiss IT service provider, AVANTEC AG, has used the AlgoSec Firewall Analyzer® to provide enhanced security and operational efficiency to the firewall systems protecting LGT Group's globally distributed IT network.

A global IT network connects LGT Group's 29 worldwide branches and 1,700 employees who together manage assets of more than CHF 79.0 billion. As part of its role in safeguarding the integrity of this network, AVANTEC relies on the AlgoSec Firewall Analyzer to provide visibility, management and optimization of the dozens of security devices and thousands of firewall rules and policies that protect the perimeter, and function as the first and last line of defense.

"AlgoSec solutions and their intelligent automation technology fill a unique gap in the security market and add a powerful element to our portfolio," said Roman Peter, CAFSP, Security Engineer at AVANTEC AG. "Not only are security and compliance more of a focus for today's enterprises, particularly in the financial sector, but so too are technologies like the AlgoSec Firewall Analyzer that deliver greater output from existing systems by optimizing processes."

"The AlgoSec Firewall Analyzer has provided us with total control of our firewall policies; ensuring that the significant resources we have dedicated to securing our network are functioning at the highest possible efficiency levels," said Martin Brandstetter, LGT Financial Services AG. "These newfound efficiencies translate not only to improved security and risk management, but also have a significant impact operationally, allowing us to accomplish more with fewer resources and extend the life of existing infrastructure investments."

With such a large and globally distributed network of hundreds of internal team members and client stakeholders regularly influencing security policies, managing the sheer number and complexity of relationships between the individual firewall rules across LGT Group's network is an essential task of the AlgoSec Firewall Analyzer. Its ability to clean up and optimize security policies, as well as its Intelligent Rule Re-Ordering feature which provides recommendations for re-ordering rules, has enabled the AlgoSec Firewall Analyzer to optimize firewall systems and improve performance and compliance.

Another key benefit that AlgoSec Firewall Analyzer has delivered to LGT Group is the integration of change management processes into the security policy lifecycle. Leveraging the AlgoSec Firewall Analyzer, LGT Group has been able to engineer a formalized workflow process for managing changes across the lifecycle of its firewall policies. This process ensures that every policy change request follows a series of protocols that predetermine the success of policy changes before they are pushed live across the network.

More information on AlgoSec's firewall operations and security risk management solutions as well as its Global Partner program can be found online at www.algosec.com.

About AlgoSec

AlgoSec is the leading provider of Firewall Operations and Security Risk Management solutions. AlgoSec's® exclusive technology is optimized for enterprises, MSPs, auditors and consultants to quantifiably increase their operational effectiveness. More than 400 leading organizations such as Cisco, BP, Visa, Nokia, IBM, Vodafone, NASDAQ, KPMG, E&Y, Deloitte, and PwC have selected AlgoSec's products -- AlgoSec Firewall Analyzer and FireFlow™ -- to intelligently automate what were traditionally manual, time- and labor-intensive tasks surrounding firewall, router and VPN management. This translates to significant cost savings and greater output for organizations without increasing headcount. AlgoSec also allows IT organizations to get more from their current infrastructures by extending the lifespan of existing security devices.


Media Contact:
Matt Otepka
Email Contact
206-855-7826

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