LGT Deploys Secure Islands' IQProtector to Protect Sensitive Data and Customer Privacy
IQProtector enables LGT to Automatically Classify and Protect Data Upon Creation and Implement Segregation of Duties that Ensure Customer Privacy.
- New York, NY (1888PressRelease) May 28, 2015 - Secure Islands today announced that LGT, the world's largest family-owned private banking and asset management group, is conducting a global rollout of its flagship solution, IQProtector. With over 120 Billion Euros under management across 20 locations worldwide, LGT wanted to protect sensitive data against leakage and loss and ensure customer privacy. After evaluating numerous solutions, LGT deployed Secure Islands due to its unique approach, called Data Immunization, which embeds classification and protection to the data upon its creation - and persists for the lifecycle of the data.
"Secure Islands is a great partner and an innovative company that is leading a new approach to information protection," said Marc Liebigt, Project Manager at LGT. "Its policy driven approach marries the best elements of Data Loss Prevention and Information Rights Management into a single platform. After seeing IQProtector in action, we believe Data Immunization - protecting data at its source, upon creation, will be the standard for data centric security. Thanks to Secure Islands, our customers' sensitive data will remain secure, and private."
LGT initially sought to implement a Data Loss Prevention (DLP) solution, but after evaluating multiple solutions it chose IQProtector because its approach not only delivered superior information protection functionality, it enabled LGT to leverage IRM to deliver accurate, auditable classification and protection. In addition, the solution allows for complete segregation of duties, protecting information from privileged users such as IT administrators without inhibiting their ability to do important daily tasks.
Furthermore, IQProtector enables LGT to automate classification based on a central policy, minimizing user involvement. This allows LGT employees and managers to continue to work uninterrupted, using the same software, applications and processes with which they are familiar, without having to worry about information security.
"Having worked closely with LGT, I completely understand why it is a leader in the banking industry - it addresses important business issues - such as data protection - in an extremely proactive, thorough, and strategic way," said Aki Eldar, CEO of Secure Islands. "We are proud to have them as a customer, and look forward to continuing to meet their high standards for information protection."
About Secure Islands
Secure Islands provides advanced Information Protection and Control (IPC) solutions for the borderless enterprise. Offering policy-driven classification and protection for unstructured data, Secure Islands lays the foundation enterprises to shift from network or perimeter-based defenses to persistent data protection. Secure Islands redefines data security and assists companies in regaining control by identifying, classifying and protecting sensitive information throughout its lifecycle. Founded in 2006, Secure islands is a privately held company is experiencing tremendous growth, fueled by the accelerated adoption of its solution by leading global corporations including a number of Global 2000 companies in the financial, manufacturing, government and telecommunication sectors. For more information, please visit. http://www.secureislands.com
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