Mar 21 2012
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Dubai Islamic Bank Improves Information Security Management and Control with Symantec
Dubai, UAE - March 21, 2012 -Symantec Corp. (Nasdaq: SYMC) in collaboration with partner HelpAG today announced that Dubai Islamic Bank , the largest Islamic bank in the UAE, has deployed Symantec Data Loss Prevention to enhance its protection, discovery and management of confidential data. The implementation resulted in Dubai Islamic Bank increasing the efficiency of its security controls, helped monitor and secure valuable data, reduce costs and enhance the banks overall compliance strategy.
"We have always ensured compliance with regulatory requirements," said Mr. Saeed Belhoul, Group Information Security, Dubai Islamic Bank . "Following the deployment of Symantec Data Loss Prevention, we've seen a significant improvement in the efficiency of our security controls that are now easy to configure and the timely alerting mechanism means we're always one step ahead of any potential data breach".
Banks across the region are mandated to comply with the PCI Data Security Standards, which require banks to adhere to a set of specific security standards that protect card information during and after any financial transaction. This includes: the requirement to protect cardholder data; encrypt the transmission of cardholder data across open public networks; identify where confidential data is located; track and monitor all access to network resources and cardholder data; and to ensure cardholder data is protected from loss.
In addition to Data Loss Prevention, Symantec Enterprise Vault and Symantec Endpoint Protection have also been deployed in Dubai Islamic Bank . The adoption of Symantec Enterprise Vault Email Archiving with the Discovery Accelerator is helping the bank to lower the cost of data collection and facilitate the search and recovery process of archived items used for electronic discovery. Symantec Endpoint Protection is also delivering success in protection against threats - protecting its 2,500 end users from malware all from a single, integrated console.
Dubai Islamic Bank (DIB), established in 1975, is the world's first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. The bank currently operates 70 branches in the United Arab Emirates (UAE).
Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.
Note to Editors: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at http://www.symantec.com/news. All prices noted are in U.S. dollars and are valid only in the United States.
Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.
© Press Release 2012
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