SANTA CLARA, CA--(Marketwire - June 14, 2010) - eGestalt Technologies Inc. (www.eGestalt.com), a provider of information technology governance, risk management and compliance (IT-GRC) solutions for small to mid-size organizations, today announced a free webinar, "Dealing with Next Generation Cyber-Security Threats and Business Compliance Risks -- Are you Ready?" scheduled for Wednesday, June 16.
Who: Presenters include: Dr. Anton K Chuvakin, Technical Advisory Board Member, eGestalt; and Anupam Sahai, eGestalt President
When: Wednesday, June 16 at 10 a.m. PDT / 1:00 p.m. EDT
Where: To register for this one-hour webinar, visit:http://www.egestalt.com/cyber-security-threats-and-business-compliance-risks-webinar-us.html
Why:
According to a 2009 market survey, corporations have lost US$1 trillion worldwide as a result of data loss, accidental or malicious. No segment remains untouched -- retail, technology firms, medical industry, and even the government and defense. Costs from the largest computer data breach in corporate history at TJX, in which more than 94 million customer Credit and Debit card numbers were stolen, was estimated at US$ 256 million.
In the Heartland Payment System breach, intruders hacked into the computer that processes 100 million payment card transactions per month for 175,000 merchants. The cost of this breach is expected to be even greater than TJX.
Gartner analysts estimate that the cost of sensitive data breaches will increase 20 percent per year from 2009. Governments have stepped in through regulations -- PCI-DSS, SOX, GLBA, HIPAA, FISMA, COBiT, ISO 27001, and others -- to protect personal information from getting into the hands of cyber criminals.
As organizations deploy more tools and more technologies to deal with threats, regulations and IT operational issues, managing security becomes significantly complex. There is a need for a new approach to compliance management and Information security as current tools are proving to be ineffective and inadequate. A cloud-based, software-as-a-service (SaaS) IT-GRC application from eGestalt uses a patent-pending approach for information security and compliance management in a cost-effective manner.
About eGestalt Technologies Inc.Founded in 2007 by former Intel and IBM executives, eGestalt provides technology solutions in the areas of IT-Security, GRC (Governance, Risk Management & Compliance), e-Governance, Digital Infrastructure and cloud based on-demand services. Our flagship product, SecureGRC, is a cloud-based information security and IT-GRC application that offers GRC functions in a ready-to-use framework that includes context-based inference engines, alert processing and logging, with the prime objective to meet compliance mandates by 10x reduction in TCO than traditional software-based tools. SecureGRC is available through direct and indirect channels worldwide. eGestalt is headquartered in Santa Clara, CA with presence in Asia-Pacific and Middle East.
