Satyam to Offer Security and Streamlined Compliance Management Solutions through Bsafe/Enterprise Security(TM) Suite
December 13 2007 - 1:40PM
PR Newswire (US)
Offerings provide customers with enhanced data governance and
compliance-monitoring capabilities HYDERABAD, India, and HERZLIYAH,
Israel, Dec. 13 /PRNewswire-FirstCall/ -- Satyam Computer Services
Ltd. (NYSE:SAY) and Bsafe Information Systems today announced a
partnership under which Satyam will provide managed security
solutions based on the Bsafe/Enterprise Security(TM) product suite.
The Satyam-Bsafe solution will provide advanced access control,
auditing and alerting functionality for IBM System i, System z and
connected Windows and Linux servers - making it widely appealing to
a broad range of multinational corporations whose IT environments
often feature such technologies. Additionally, the unique
Cross-Platform Audit functionality provided through this solution
will enable global companies to streamline their compliance
management requirements through automated logging and monitoring
procedures. As such, the offering will allow companies to better
align their IT security management procedures to numerous
regulations and standards, such as the Sarbanes-Oxley Act (SOX),
jSOX, Basel II, Control Objectives or Information and related
Technology (COBIT), the Health Insurance Portability and
Accountability Act (HIPAA), and the Payment Card Industry Data
Security Standard (PCI DSS). "Satyam and Bsafe have made it much
more manageable for us to meet our auditing compliance requirements
and our system integrity requirements" said Sainath Gawde, Manager
of IT Operations for HDFC Standard Life Insurance. "By using this
tool in conjunction with our system servers, we've been able to
track daily activities of both our external developers and internal
users in a single log. It is now easy and fast for us to get any
details of changes to the system which have an auditing or system
integrity impact. " The Bsafe/Enterprise Security suite enables
companies to identify and track areas where they are most
vulnerable and to limit access to sensitive data, in accordance
with the requirements of many compliance programs such as PCI DSS.
With regards to PCI DSS specifically, retailers can use this new
solution to manage and limit access to their cardholder
environments, a critical requirement under the data protection
mandate and an essential activity for ensuring ongoing compliance.
What's more, the solution consolidates audit information into a
single log, automatically, providing a much more robust and
efficient alternative to manual consolidation procedures, which
often overload IT professionals. The introduction of this new
offering further strengthens Satyam's ability to support key
industries such as retail, insurance and financial services. It
also serves to round out Satyam's existing managed security
practice, which includes offerings such as firewall and VPN
services, managed intrusion detection and prevention, and managed
vulnerability and virus Protection. "The Bsafe/Enterprise Security
suite provides an excellent value proposition to our customers who
want to manage security for their multiple server platforms more
intuitively," said Nick Sharma, Satyam's senior vice president of
Global Infrastructure Services. "Additionally, it significantly
reduces time spent on protection of mission-critical data and
enhances companies' ability to manage against regulatory compliance
initiatives. At Satyam, we constantly look for ways to deploy
sophisticated security products to keep our customers' information
safe. Bsafe/Enterprise Security is a welcome addition to our
product portfolio." In keeping with Satyam's efforts to provide
end-to-end security solutions, it will deliver the suite in a fully
managed capacity, i.e., it will perform all daily functions for its
clientele. "As a leader in managed security for the Fortune 500
community, we look forward to leveraging Satyam's deep expertise in
rolling out world-class security solutions across complex IT
environments," said Arjon Cohen, Vice President for Channel
Management, Bsafe Information Systems. "Satyam has already
implemented Bsafe/Enterprise Security solutions in customer
environments across multiple continents, and we are excited to
collaborate with them on these and other projects to help customers
ensure their security and compliance with minimal disruption."
About Satyam Satyam (NYSE:SAY), a leading global business and
information technology services company, delivers consulting,
systems integration, and outsourcing solutions to clients in 20
industries and 57 countries. Satyam leverages deep industry and
functional expertise, leading technology practices, and an
advanced, global delivery model to help clients transform their
highest-value business processes and improve their business
performance. The company's 45,700* professionals excel in
engineering and product development, supply chain management,
client relationship management, business process quality, business
intelligence, enterprise integration, and infrastructure
management, among other key capabilities. Satyam development and
delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt,
UAE, India, China, Malaysia, Singapore, and Australia serve 599
clients, 173 of which are Fortune Global 500 and Fortune US 500
corporations. For more information, see http://www.satyam.com/. *As
of Sept. 30, 2007 About Bsafe Information Systems Bsafe Information
Systems produces network and data security products for IBM system
i (AS/400), IBM Series z (mainframe), Windows Servers and open
systems. In addition, the company manages custom projects in the
security field. Its flagship product, Bsafe/Enterprise Security,
has installations in more than 47 countries. For over a decade the
company has been providing security solutions to large
organizations with high security demands such as banks, insurance
companies and public institutions. Bsafe's experience and on-going
development in security technology enable it to provide
comprehensive and state-of-the art solutions for its clients. Bsafe
Information Systems includes among its customers: Toyota,
Volkswagen Financial Services AG, Societe Generale, AVON, Bayer,
Delhaize group, Adecco, Bank Hapoalim, El Al, and others. Satyam
Contacts For clarifications, write to us at Or contact our global
PR representatives at: India Geeta Fadnavis +191-040-23220067 US
Siobhan Aalders +1-212-880-5341, +1 347 387 0733 Europe Clare
Gibbins +44-20-7309-1037 Asia-Pacific Reshma Wad Jain, +65 6737
4844, +65 981 40507 Simon Murphy, +61 (02) 8281 3826 Safe Harbor
This press release contains forward-looking statements within the
meaning of section 27A of Securities Act of 1933, as amended, and
section 21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements contained herein are subject to certain
risks and uncertainties that could cause actual results to differ
materially from those reflected in the forward-looking statements.
Satyam undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with our business, please
see the discussions under the heading "Risk Factors" in our report
on Form 6-K concerning the quarter ended June 30, 2006, furnished
to the United States Securities Exchange Commission on July 28,
2006 and the other reports filed with the Securities Exchange
Commission from time to time. These filings are available at
http://www.sec.gov/. DATASOURCE: Satyam Computer Services Ltd
CONTACT: Stephen Ward of Satyam Computer Services, Ltd,
+1-540-687-0474, , or Arjon Cohen of Bsafe Information Systems,
+972-9-961 0400,
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