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Gramm-Leach-Bliley Act - Top Layer’s IPS 5500 Provides Most Comprehensive Defense

Westboro, MA, March 15, 2005 -

Financial organizations must deploy effective protection against Distributed Denial of Service (DDoS) attacks to be fully compliant with the Gramm-Leach-Bliley Act’s (GLBA) mandates. Top Layer Networks, the global leader for high performance intrusion prevention solutions, offers the most comprehensive protection against DDoS attacks and other cyber threats to help financial service institutions enable compliance. 

 

GLBA requires financial institutions in the United States to ensure the security and confidentiality of customer records and related information. As part of this act, the five Federal banking agencies and The Federal Trade Commission (FTC)  have provided guidelines for developing and implementing safeguards to protect the confidentiality, integrity, security, and availability of customer information.  Financial industry experts from the ReymannGroup have stated unequivocally that banks should have an ability to protect against DDoS cyber attacks to comply with GLBA. 


Paul Reymann, CEO of ReymannGroup and the co-author of the GLBA data protection regulation, stated “A proactive DDoS risk mitigation strategy is not just best practice – it’s mandated…Clearly the intent of existing laws and rules such as Sarbanes-Oxley and GLBA is to insure against known external threats to an organization’s network.  DDoS attacks are a real threat to the integrity and secure availability of confidential client data and financial institutions must have prevention plans in place.”[1]

 

Peter Rendall, CEO and President of Top Layer Networks stated, “Securing critical IT infrastructure by not only preventing undesired access and protecting against malicious content that exposes private data, but also stopping rate-based attacks that can be employed for extortion purposes are all key considerations in working towards fulfilling compliance and client expectations.  The Attack Mitigator IPS 5500 is the leading intrusion prevention system for financial institutions to ensure they can successfully defend against gigabit DDoS attacks while always allowing legitimate transactions to pass through safely.”

 

Mike Paquette, Vice President of Marketing and Product Management at Top Layer commented, “DDoS attacks are simple to execute and have become the primary attack tool for extortionists throughout the world.  We are seeing an increasing trend of debilitating DDoS attacks combined with simultaneous worm and Trojan attacks being launched against financial services institutions that, if unprotected, compromise confidential customer information.  Even a single worm or Trojan that slips through, hidden by the brute force of a DDoS attack, can compromise financial systems. The Attack Mitigator IPS 5500 is the only intrusion prevention product that will stop debilitating DDoS attacks while also stopping worms, Trojans, viruses and buffer overflows at multi-gigabit speeds without causing a bottleneck.”

 

For a full copy of the Reymann Group report visit:  http://www.toplayer.com/pdf/DOS_NewVer.pdf

 

About the Top Layer Attack Mitigator IPS 5500

The Attack Mitigator IPS 5500 family offers the strongest levels of Network IPS protection, performance and reliability on the market today.  By improving upon the most powerful characteristics of stateful firewall technology and intrusion detection systems, Top Layer has developed the IPS 5500 in order to protect against attacks in real-time with minimal interruption of legitimate traffic.  Top Layer executes high performance, non-disruptive deep packet inspection and analysis coupled with intelligent blocking of attacks through TopFire second-generation ASIC technology and TopInspect™ Deep Packet Inspection.  To learn more about the Attack Mitigator IPS 5500, see our web site at www.TopLayer.com, or contact sales@TopLayer.com or call 508-870-1300.

 

About Top Layer Networks, Inc.

Founded in 1997, Top Layer Networks develops network security solutions that enable enterprises worldwide to protect their infrastructure and critical online assets from cyber-threats.  The Company’s patented, ASIC-based products are engineered to deliver accurate and reliable protection mechanisms while operating as robust in-line network security devices.  Top Layer Networks is headquartered in Westboro, Massachusetts with sales and support presence in Canada, France, Germany, Japan, Korea, the Netherlands and the United Kingdom.

 

All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.



[1] “Financial Industry Experts Say Banks Should Protect Against DDoS Cyberattacks – Now”

Contact:

Donna Rogers
Top Layer Networks
Phone: 508-870-1300 x 127
Email: drogers@TopLayer.com

Matt Flanagan
Fama PR
Phone: 617-758-4141
Email: matt@famapr.com

 


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