Press Release April 2010 - BankAtlantic Leverages Axis Technology's Data Masking Solution
The Jaxson Group for Axis Technology, LLC
Boston, MA, April 12, 2010 – Axis Technology, LLC, a leading provider of enterprise data solutions, today announced that BankAtlantic, one of Florida's largest financial institutions, has successfully implemented DMsuite™, the industry’s fastest, most secure and powerful data masking platform. BankAtlantic turned to Axis to further ensure the protection of sensitive information.
“BankAtlantic’s security practices already meet all regulatory requirements with regard to sensitive information,” says Brian Smith, Corporate Information Security Officer. “However, as the security of sensitive data evolves, proactively employing the right technologies to protect our customers is a strategic initiative in which the bank is continuously investing.”
“We narrowed our search down to three providers, but the two factors that made DMsuite™ the obvious choice for us were: 1) the intuitive data discovery tool, which only Axis had, and 2) the Axis staff,” said Sean Milligan, Strategic IS Project Coordinator of BankAtlantic. “Analysis and discovery of our data was a task we thought would be the most challenging, but thanks to the Axis team and the unique capabilities of DMsuite™ we had everything running smoothly in about four weeks.”
“It is more crucial than ever for companies to increase their data security methods, particularly SMBs,” said Mike Logan, president of Axis Technology. “By deploying DMsuite™, not only is BankAtlantic's data more protected they have gone above and beyond the requirements of what current security regulations call for, further increasing their commitment to protecting their customers."
DMsuite™ secures development and quality assurance environments by removing confidential data and replacing it with usable, fictitious data. Because the masking transformation is executed in memory, production data does not appear anywhere in a non-production environment, making DMsuite™ the most secure and effective data security offering on the market today. It protects Oracle, SQL Server, Sybase, and DB2 environments, as well as file formats including VSAM, delimited, XML, XLS and flat files. DMsuite™ can be used straight out of the box, offering self-service provisioning functionality and does not require any additional hardware, which makes the platform extremely energy efficient and cost effective. DMsuite™ is Web-based and its central point of control enables easy operation, administration, logging and auditing- all while maintaining referential integrity across business lines and different platforms.
To learn more and Axis Technology and all that DMsuite™ has to offer, visit www.axistechnologyllc.com.
About Axis Technology, LLC
Founded in 2000, Axis Technology, LLC is a premier provider of data solutions for enterprises whose business success depends on protecting customer and proprietary information. The company’s flagship data masking platform, Axis DMsuite™ is a product that profiles, provisions, and masks data without slowing down business processes or time-to-market. With clients such as Bank of America, Citigroup and Wachovia Corp., Axis Technology is headquartered in Boston, MA, and has additional locations in New York City and Dallas, TX. To learn more, visit www.axistechnologyllc.com.
About BankAtlantic: BankAtlantic, “Florida’s Most Convenient Bank”, is one of the largest financial institutions headquartered in Florida. Via its broad network of over 100 community branches, online banking division - BankAtlantic.com , and conveniently located ATMs, BankAtlantic provides a full line of personal, small business and commercial banking products and services. BankAtlantic is open 7 days a week with extended weekday hours, Free Online Banking & Bill Pay, a 7-Day Customer Service Center and Change Exchange coin counters.
BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic.
BankAtlantic Contact Info:
Sharon Lyn Telephone: 954-940-6383