LGT Deploys Secure Islands' IQProtector to Protect Sensitive Data and Customer Privacy

Top Quote IQProtector enables LGT to Automatically Classify and Protect Data Upon Creation and ‎‎ Implement Segregation of Duties that Ensure Customer Privacy. End Quote
  • 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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