The Credit Union National Association (CUNA) Selects Perimeter Internetworking(TM) as Their Exclusively, Endorsed Managed Securi
MILFORD, Conn.--(BUSINESS WIRE)--March 1, 2006--Perimeter Internetworking(TM), the pioneer of multi-threat, managed "Security in the Cloud" services to financial institutions and other firms with high data security and regulatory requirements, announced today that it has been selected by CUNA Strategic Services as their exclusively, endorsed managed security provider. CUNA Strategic Services is a subsidiary of Credit Union National Association (CUNA), the premier national trade association serving more than 90 percent of America's 9,000 credit unions. Under the terms of the agreement, CUNA Strategic Services will promote Perimeter's turnkey managed security services to the nation's credit unions.
"We are extremely gratified to receive this endorsement from CUNA, as they provide an outstanding channel to educate credit unions on information security risks, regulatory compliance issues and risk mitigation solutions," says Brad Miller, CEO of Perimeter Internetworking. "They have once again shown their forward thinking by endorsing a comprehensive, adaptive, security in the cloud approach to keeping their members protected against future security threats and covered for compliance regulations. We look forward to working with CUNA and their credit unions to provide them with the best managed security solution available on the market today at an affordable cost."
"This new agreement is in keeping with CUNA's plans to increase its focus on four main security areas of concern for credit unions: physical security, network security,and business continuity," said Wes Millar, senior vice president of Strategic Services for CUNA.
Earlier in February Perimeter announced their acquisition of Red Cliff Solutions, the leading provider of managed security services to credit unions. Red Cliff Solutions possesses a very deep expertise in compliance regulations and many years of experience in training Federal Examiners at the National Credit Union Administration (NCUA) and the Federal Financial Institutions Examination Council (FFIEC).
"We have enjoyed a very successful relationship with CUNA over the past several years working with their training, marketing and sales departments," said Kevin Prince, who is now Chief Security Officer at Perimeter Internetworking and formerly CEO of Red Cliff Solutions. "This new relationship with CUNA further positions us as the one undisputed force in the credit union security market."
Perimeter's Gateway 4.0 is the fourth generation of the market's leading "Security-in-the-Cloud" solution. Gateway 4.0 combines dozens of technologies from best-of-breed vendors to create the industry's first "business aware" perimeter security service. The Gateway security service replaces traditional firewall and IDS monitoring services with a hosted, network-based service that eliminates the need for all future capital expenditures and integration costs. Gateway 4.0 starts with a model of Perimeter's clients' business processes, their value to the business and the potential impacts of breach or failure. With this knowledge, Gateway 4.0 can distinguish the events that will be business impacting from the ever present noise of security technology. Gateway 4.0 provides over 60 pre-integrated network security services including Intrusion Defense, Malicious Code Defense, Secure Email Services, Secure Access, Automated Compliance, and Network Services.
CUNA Strategic Services, owned jointly by Credit Union National Association (CUNA) and the state leagues, provides credit unions with access to high quality products, services and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. CUNA serves more than 90 percent of America's 9,000 credit unions, which are owned by nearly 87 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information, visit www.strategicservices.cuna.org.
About Perimeter Internetworking
Perimeter Internetworking(TM) is the leading provider of On-Demand managed security services and the pioneer of multi-threat security-in-the-cloud services. Perimeter offers over 50 managed network security services including Intrusion Defense, Malicious Code Defense, Secure Email Services, Secure Access, Automated Compliance, and Network Services. Perimeter's unique centralized architecture offers best-in-class, pre-integrated technology with complete redundancy and continuous upgrades, complemented with a 24/7 engineering staff of trained subject-matter experts. Perimeter ranked 9th on The Connecticut Technology Fast 50 in 2005 & 5th in 2004. In addition Perimeter ranked 121 on the Deloitte Technology Fast 500 & has been profitable for the last four years.
Headquartered in Milford, CT, with four geographically distributed technical operations centers and three redundant datacenters, Perimeter's secure network services are validated by Cybertrust and guaranteed for current and future regulatory compliance. For more information about Perimeter visit www.perimeterusa.com.