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Consul risk management Celebrates 20th Anniversary

September 27, 2006
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HERNDON, Va. --(Business Wire)-- Consul risk management, the authority in security audit and compliance, is marking its 20th anniversary as a technology leader helping companies find an efficient and affordable road to protecting information and ensuring policy and regulatory compliance. Hundreds of large global organizations leverage Consul's solutions to monitor, report on and investigate the activities of privileged users and access to regulated data.



Consul began by offering mainframe auditing and administration solutions, giving the company a unique background in simplifying the security management of the most complex, mission critical systems. Despite pundit predictions on the "death of the mainframe" the continued resiliency of mainframes in today's computing environment has served Consul well.

"In 1986 Consul was three technicians working out of their homes in Holland. It was a time when Windows wasn't worth mentioning as a server system, but enterprises faced many of the same challenges managing security and automating tasks as they do today," said Rob van Hoboken, co-founder of Consul. "Twenty years ago, compliance and standard certification were major drivers in Europe. We saw log file auditing as an essential piece to compliance, but it was difficult and time consuming to analyze, report on and correlate information across multiple platforms in a language that all levels of business could understand. It was this basic need that fueled Consul's growth and inspired the Consul InSight Suite."

In the late 1990s, Consul expanded its auditing and compliance capabilities to the enterprise with The Consul InSight(TM) Suite. Using a patent pending W7 (Who, did What, When, Where, Where from, Where to and on What) methodology, Consul InSight consolidates, normalizes and analyzes vast amounts of user and system activity, delivering instant alerts and reports on who touched what information and how those actions may violate external regulations or internal security policies. Sales of the InSight Suite took off as it uniquely enables organizations to do something no other solution provider does: monitor the behavior of users and match that behavior to acceptable use, change management and privileged use policies. With the arrival of stricter regulations, Consul's solutions became mandatory.

"Consul InSight enables organizations to demonstrate to regulators and auditors that they have proper controls in place over privileged user activities and are effectively managing security risks," said Joseph Sander, president and CEO of Consul. "Sales of Consul's audit and compliance solutions have grown at more than 100% per annum - a trend we expect to continue. Next to Consul's growth in new customers, Consul has seen an 80%+ product upgrade and/or expansion rate among its installed base of customers. This is a testament to the customers' satisfaction with InSight meeting their compliance and audit needs."

"The Philadelphia Stock Exchange has been associated with Consul for 20 years, beginning with support for RACF on the mainframes. Throughout the years we have always experienced top service. In the late '90s they took the extra risk of working with us to create a new segment of their product that would cover the 3rd segment of our platform layer, as their product already addressed our other two. They invested the time and money along with us for a solution that the regulators had been prodding us for years to achieve. Consul is one of those rare organizations that really cares about customer relations regardless of dollars being spent. They are the BMW of the security industry and want nothing but satisfied clients," said Bernie Donnelly, vice president of quality assurance at Philadelphia Stock Exchange, a client since Consul was officially incorporated.

Its unique series of regulatory compliance modules for Sarbanes-Oxley, GLBA, ISO 17799 and HIPAA enable Consul InSight to instantly deliver the policies and reports needed for specific compliance initiatives. In effect, organizations get an auditor-in-a-box for each new compliance initiative under a single management platform. And with dual headquarters in Washington, D.C. and the Netherlands, Consul is poised to continue its two decades of success and growth.

About Consul risk management, Inc.

Founded in 1986, Consul risk management is an authority in security audit and compliance. Consul provides policy-based user monitoring solutions to track, report on and investigate non-compliant behavior, such as unauthorized activity by administrators and other privileged users. The Consul InSight(TM) Suite automates the process of enterprise-wide log collection, privileged user monitoring, behavioral forensics and compliance reporting.

More than 350 customers around the world rely on Consul to accelerate their security audit and compliance efforts, including AEGON Canada, Blue Cross/Blue Shield, Fidelity Financial Services, Ford, Kroger, The New York Times, Office Depot, Philadelphia Stock Exchange, Wachovia and government agencies. Consul has offices in the United States and the Netherlands, and 25 partners worldwide, including BMC Software. For additional information about Consul and its products, services and partners please call +1 800.258.5077 or +31 15.251.3333 (Worldwide), or visit www.consul.com.

Consul InSight, Consul InSight Suite are trademarks of Consul risk management, Inc.


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