Lumension Enhances Compliance and IT Risk Management Solution for Greater IT GRC Efficiency

New Lumension® Risk Manager Update Includes Enhanced Remediation Management, and Third Party Connectivity to Streamline Audit Workflows, Manage Risk and Reduce Costs

Scottsdale, AZ (PRWEB) March 1, 2010 — Executives around the world are looking for ways to converge their company’s disparate governance, risk and compliance initiatives, improve risk management, and reduce costs. A recent survey (February 2010) conducted by KPMG indicates that 64 percent of executives consider convergence of GRC projects a top priority. To help organizations and agencies effectively manage IT risk and cut costs through a centralized approach to compliance and IT risk management, Lumension, the global leader in endpoint management and security, today unveiled the latest version of Lumension® Risk Manager v4.1, part of the Lumension Compliance and IT Risk Management Solution. Lumension Risk Manager is designed to help organizations demonstrate continuous compliance and improve their security posture through a framework that automates audit workflows, harmonizes controls with policy requirements, and remediates key risk areas.

IT Risk Management and Compliance

Further, through its partnership with Network Frontiers’ Unified Compliance Framework, Lumension extends its support for over 420 regulatory requirements with 26,320 citations mapped to over 2,500 harmonized controls by including Security Breach Notification Laws, Health Information Technology for Economic and Clinical Health Act, and FTC Red Flag Rules.

Organizations cannot afford to take a scattered approach to compliance; reacting to every new compliance mandate with another new product or procedure.

“Many times organizations can feel like they’re suffocating under a blanket of so many compliance rules and regulations. They feel constant pressure to demonstrate compliance with limited budgets and resources for recurring compliance projects,” said Jeff Hughes, director of solution marketing for IT GRC, Lumension. “Organizations cannot afford to take a scattered approach to compliance; reacting to every new compliance mandate with another new product or procedure. They need a focused compliance solution that centralizes compliance and IT risk management by bridging and streamlining disparate compliance programs, controls, policies and procedures while reducing redundancies.”

Enhanced Key Benefits of Lumension Risk Manager:

Expanded Controls Coverage/Intelligent Assessments: LRM 4.1 includes integration with the Unified Compliance Framework (UCF) database updates that include additions to the UCF database around State Level Security Breach Notification Laws and FTC Red Flag Rules.

o By utilizing the UCF, Lumension’s patent pending risk intelligence engine automatically identifies critical controls needed to achieve compliance and secure any IT asset. Controls are assessed once across and reported across all regulations, saving time and consolidating compliance projects.

Actionable Remediation and Alerting: Through its enhanced tracking and notification features, LRM 4.1 can assign mitigation efforts to business owners and track ongoing remediation progress. LRM improves operational workflows, automatically updating assessment scores and giving administrators clear visibility of progress made towards compliance and remediation activities. Email notifications can alert administrators when levels of compliance have changed or surveys are past due.
Expanded Flexibility & Automation through the Lumension Connector Development Kit: Most IT GRC companies provide limited integration to third-party systems. Lumension Risk Manager’s open connector ecosystem allows scan and inventory data to be imported from virtually any database system. Customers and consultants can use the Lumension Connector Development Kit to create custom connectors and import data from their network scanner, asset inventory system and other databases.
Exception Management: Helps administrators produce more realistic risk and compliance scores where there are certain exceptions that have to be made for circumstances unique to the network. This gives security professionals greater flexibility to make exceptions where needed and allows them to approve, reject or create exceptions from scratch.

Lumension Risk Manager is now available. For more information, please click on Lumension Risk Manager.

Find out how Lumension’s Compliance and IT Risk Management Solution addresses compliance requirements such as PCI DSS, in our IT Risk Management and Compliance On-Demand Demo Center.

About Lumension Security, Inc.
Lumension Security, Inc., a global leader in operational endpoint management and security, develops, integrates and markets security software solutions that help businesses protect their vital information and manage critical risk across network and endpoint assets. Lumension enables more than 5,100 customers worldwide to achieve optimal security and IT success by delivering a proven and award-winning solution portfolio that includes Vulnerability Management, Endpoint Protection, Data Protection, and Reporting and Compliance offerings. Lumension is known for providing world-class customer support and services 24×7, 365 days a year. Headquartered in Scottsdale, Arizona, Lumension has operations worldwide, including Virginia, Utah, Florida, Luxembourg, the United Kingdom, Ireland, Spain, Australia, and Singapore. Lumension: IT Secured. Success Optimized.™ More information can be found at lumension.com .

Lumension, the Lumension logo, and the tagline “IT Secured. Success Optimized.” are trademarks or registered trademarks of Lumension Security, Inc. All other trademarks are the property of their respective owners.

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Information Engineer

Lumension Enhances Compliance and IT Risk Management Solution for Greater IT GRC Efficiency

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