BOSTON -- ABREVITY, Inc. announced today general availability of its version 2.1 FileData Classifier(TM) software which includes advanced pattern recognition and metadata extraction technology for Information Lifecycle Security (ILS).
ABREVITY is the first to deploy, at actual customer sites, a "complete" ILS solution that solves the problem of discovery, extraction, classification and management for security-related non-public information (NPI).
"Over 102 security breaches were reported in 2005 that affected 56 million people," said ABREVITY vice president Bill Reed. "Studies show that 90% of organizations recently detected security breaches which can cost over $2 million each. It's no wonder that firms of all sizes now list discovery, classification and proper management of security information as a top priority."
Jon Oltsik, a senior analyst at the Enterprise Strategy Group (ESG), coined the acronym ILS in a recent article wherein he noted that IT professionals are seeking solutions for information security. And while a few storage vendors offer professional services and encryption hardware, they have yet to deliver comprehensive ILS solutions. Jon outlined nine key requirement areas for a "complete" ILS solution including Information Classification, Information Flow, Information Access, Information Usage, Information Risk Management, Policy Engines, Tagging and Metadata Repositories, Secure File Systems and Centralized Management.
"We would not consider deploying a tiered storage solution that does not include ILS," said Michael Masterson, IT architect at a Fortune 500 company, "That's why we'll be using ABREVITY's FileData Classifier software to discover files that might contain confidential or non-public information -- then tag those files and implement policies to migrate them to proper storage tiers."