LANSING, Mich. – Lake Trust CU is testing TraceSecurity’s cloud-based risk, compliance and audit tool.
The company said its TraceCSO lets enterprises poll internal network assets and deliver live reports about how well the enterprise is keeping up complying with various security standards and regulations.
The $2-billion credit union plans to deploy the system to track remediation processes and assure the financial institution is in line with risk-compliance responsibilities. “We can run these reports for auditors,” said Richard Reinders, information security analyst at Lake Trust CU, about how TraceCSO is being tested in its VMware-virtualized infrastructure.
TraceSecurity said TraceCSO can be configured to monitor and evaluate a network based on standards that include the Payment Card Industry (PCI) requirements, the NIST FISMA guidelines, and other regulations such as SOX and the banking FFIEC standards.
The tool, available now, starts at $5,000.