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May 13, 2008

nCipher Partners with Jack Henry & Associates



By Anshu Shrivastava
TMCnet Contributing Editor


Jack Henry & Associates has announced that its subsidiary, Symitar, will resell nCipher's (News - Alert) CryptoStor product as part of its solution offering.

 
A supplier of software systems and related services to credit unions, Symitar said that it has already deployed the nCipher CryptoStor product in a number of credit unions including Lockheed Federal Credit Union.
 
“The CryptoStor storage encryption appliance has a proven track record with my data processing department - uncomplicated installation, extremely reliable, simple user-friendly features, and complete transparency with our daily processing and speed of backups,” said Joe Gates, data processing manager at Lockheed Federal Credit Union in Burbank, California.
 
He also said that his company has ordered two more for our new IBM (News - Alert) systems, adding that, “Our off-site media is now safe with this device.”
 
Jack Henry & Associates is a provider of integrated technology solutions and data processing services for financial institutions. nCipher plc protects critical enterprise and delivers solutions in the fields of identity management, data protection, enterprise key management and cryptographic hardware.
 
Security regulations and compliance mandates require organizations—especially those in the financial services markets—to encrypt sensitive information throughout the entire data lifecycle including storage and back-up and recovery systems.
 
Kathy Hooker Burress, president at Symitar, pointed out that as a solution provider for financial institutions, his company is charged with delivering technology that not only meets today's stringent data security and regulatory requirements, but does it in an easy-to-manage form factor with minimal performance impact and the ability to meet disaster recovery guidelines.
 
“nCipher's CryptoStor allows us to offer a risk management solution that delivers unprecedented security and superior key management capabilities all in one easy-to-deploy appliance that helps minimize potential business interruptions,” he added.
 
Richard Moulds, executive vice president of product strategy at nCipher, explained that as a solutions provider for the financial services industry, Symitar knows first hand that its customers need an encryption and key management solution that meets compliance regulations by securing data at-rest and protecting against the loss or theft of encryption keys.

 “nCipher is pleased to partner with Symitar to assure that its current and future customers' storage security requirements can be satisfied in a convenient and quickly deployed manner,” he added.
 
 
 
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