BATON ROUGE, LA--(Marketwired - Jun 11, 2013) - TraceSecurity, the pioneer in cloud-based IT governance, risk and compliance (GRC) solutions, today announced that Travis Credit Union is leveraging its TraceCSO cloud-based IT GRC solution to improve its information security program and compliance management. TraceCSO delivers a single software solution that includes a complete suite of functionality, reducing for Travis Credit Union the number of necessary vendor relationships as well as their associated costs. Adding to its "Defense in Depth" approach, Travis Credit Union has now reduced the time and personnel needed to manage its information security program, and is able to apply resources more strategically to meet institution initiatives.
Travis Credit Union was founded as a federally chartered credit union in 1951 to serve the military and civilian personnel associated with Travis Air Force Base in Fairfield, Calif. It is a not-for-profit cooperative financial institution serving members from 22 locations. Travis Credit Union is the 12th largest credit union in California, with more than 177,000 members and more than $2 billion in assets.
"TraceCSO integrates all of the functionality needed for a complete information security program -- such as risk, compliance, and vendor management -- all into a single cloud-based solution and without any third-party software," said Richard Roark, Senior VP and CIO at Travis Credit Union. "We now have vulnerability management, policy management, audit, vendor management and more services all managed through one platform. The best part is that all of these functional areas communicate with one another and provide visibility into our information security at any moment. The result is better protection for our network and members' information and financial assets. That is a great benefit for us."
According to Roark, before they implemented TraceCSO earlier this year they were using several different systems to manage security, including spreadsheets for vendor management. This was very labor intensive and time consuming, and often they had to pull people from different areas of IT to help in the information security process.
"TraceCSO is a robust system with excellent reporting, but giving us a single platform to manage our information security is its biggest strength," said Roark. "TraceSecurity employees are easy to work with and very responsive to our needs. Before TraceCSO we tried other information security management solutions, but they never matched up as far as depth of service or ease of use. TraceCSO gives us all the functional areas we want to implement, and moving forward we can see how it will provide for better compliance and reporting, and will make our audits much easier."
TraceCSO, is the industry's first cloud solution for a holistic and risk-based information security program that delivers comprehensive visibility and accountability for improved risk and compliance profiles across all areas of an organization, including cloud environments. TraceCSO allows organizations of any size, industry or security skill set to evaluate, create, implement and manage a comprehensive risk-based information security program, to protect their organizations from today's top information security risks.
"Travis Credit Union is one of the largest credit unions in California, and we are pleased to work with them to address their information security, risk, audit and compliance management needs to better serve its members," said TraceSecurity CEO Peter Stewart. "This is a great example of how TraceSecurity's cloud-based approach can be installed quickly and easily, with more benefits and less complexity than today's traditional IT GRC solutions for information security."
Unlike current information security program solutions, which simply provide a console and no remediation tools, TraceCSO identifies and prioritizes risk to an organization's information -- including network vulnerabilities -- and identifies, implements and audits security controls. To help organizations stay current with the latest regulatory mandates specific to their industry, TraceCSO leverages a global database of hundreds of authorities and more than 25,000 regulations and citations.
TraceSecurity, the leading pioneer in cloud-based security solutions, provides IT governance, risk and compliance (GRC) management solutions. The company's cloud-based services help organizations achieve, maintain and demonstrate security compliance while significantly improving their security posture. With more than 1,500 customers, TraceSecurity supports the security and risk management efforts of organizations in financial services, healthcare, high-tech, insurance, government, education and other regulated sectors. Founded in 2004, the company has executive offices in Silicon Valley and offices in Baton Rouge, La. For more information, call (225) 612-2121 or visit www.tracesecurity.com.
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