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New Tool Helps Organizations Quantify the
Potential Impact of Security Breaches, and Corresponding Remedial
Actions.
BREA , CA – July
18, 2006 – Apani Networks, a leading provider
of IT security compliance solutions that lock down IT environments
inside the perimeter using network wide point-to-point encryption
and access control, today announced a new cost/benefit calculator
that assists IT organizations in establishing financial benchmarks
that quantifies the cost of security breaches. The goal of the
Compliance IT Security Cost/Benefit Calculator is to help organizations
develop a view of the financial benefits of the required improvements
to network security demanded by the regulatory environment.
Initially, an organization can use the default values within
the calculator to establish their current IT cost structure for
security. As they review their process further refinements with
more specific company data will enable a clear view of the costs
to the IT organization. As they create IT security compliance strategies
and identify their potential impact to productivity and tangible
costs, new data can be used to provide a calculation of the financial
benefits of implementing security that closely reflects actual
financial impact. This enables organizations to create “what
if” scenarios and to validate potential compliance strategies
by creating a snapshot of the potential benefits associated with
each one.
The default values of the Compliance IT Security Cost/benefit
Calculator are based on industry averages and are easily modified
to fit the specific needs of organizations of all types and sizes.
The Compliance IT Security Cost/Benefit Calculator shows the cost
savings associated with productivity gains in security management,
compliance management, and mitigating security risks with a long
term view. To view the Compliance IT Security Cost/benefit Calculator,
go to www.apani.com/calculator.
“It seems like everyone is talking about how to add and
use security technology for compliance without any real clear understanding
of the financial impact associated with it,” said David M.
Lynch, vice president of marketing, Apani Networks. “This
Compliance IT Security Cost/benefit Calculator contains tangible
and intangible benefits to provide an assessment of the potential
return on IT security compliance spending. The results are completely
private and organizations can come back to the calculator as often
as needed to update and fine-tune their requirements and planning.”
The Compliance IT Security Cost/benefit Calculator is customizable
by industry, country, local costs, and currency and no user data
is stored by Apani in any form. As business cases are developed
they can be saved to the user’s hard drive, retaining the
data for use at a later time. The calculator is intuitive and easy-to-use
with explanations and source references available by dragging a
mouse over an information circle. Default values are regularly
updated and taken from IDC and Alinean research.
Apani’s In-depth Network Security system secures data communications
and provides centralized management and reporting required for
network compliance. Apani can provide assistance to help organizations
better understand and quantify results for reporting to senior
management.
About Apani Networks
Apani Networks is a leader in Enterprise IT
network security, providing protection for critical network data
and securing the evolving edge of corporate networks. Established
in 2003, Apani Networks puts the trust back into trusted networks
by providing centrally managed IT Security Compliance solutions
that automatically and dynamically implement and report on network
wide security relationships. Apani’s encryption-based security
solutions allow corporate IT managers to quickly, automatically
and cost effectively lock down their trusted networks, while providing
the audit trail necessary to demonstrate compliance to the wide
range of regulations that affect enterprises today.
Apani Networks is a privately held company with headquarters
in Brea , California . For more information, go to www.apani.com or
call +1-714.792.1800.
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Apani Networks and INS System are trademarks of Apani Networks,
Inc. All other company names and product names are trademarks of
their respective organizations.
Contacts:
Dan Chmielewski
Madison Alexander PR, Inc
949-231-2965
dchm@madisonalexanderpr.com
Adam Parken
Corporate Ink
617-969-9192
aparken@corporateink.com
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