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Archive 2005

Crushing Compliance
In the past few years, Congress has quickly passed several laws intended to shore up national security, shield investors from unprincipled CEOs, and protect citizens' data privacy. Its motives may be honorable, but the general result, as with most legislation, is oppressive rules for the honest while the lawless often find and exploit the loopholes. Ever since SOX was passed, software companies have been adding compliance support to their list of product virtues. Seeing so many promises, we wondered: Which types of compliance products really deliver? And can you build an equally good solution yourself? View the results here.
From IT Architect Magazine, December 2005


 
Tech Provides Answers To Headache Of Multiple Regulations
Compliance products offer secure access, streamlined operation. As regulation in the insurance industry continues to grow, insurers increasingly are finding themselves facing what seems like an overwhelming task in trying to bring their processes and operations into compliance with a plethora of requirements. HIPAA, GLB, Sarbanes-Oxley and a group of other regulations that aim to make consumer information more private and secure also make the job of a company’s compliance that much harder. In response, the technology community is developing software that can help make data gathering, storage and retrieval more reliable and secure, and can make the reporting process easier
From National Underwriter, October 2005 (subscription required)


 
Shades of Gray: What Is “Acceptable and Tolerable” in Electronic Communication?
The records we thought we destroyed are still there, ready to be coaxed from our PCs by sophisticated search and compliance technology. Corporate scandals and ethical improprieties are being identified and caught on a regular basis through the monitoring and surveillance of employee communication—e-mail, instant messaging, Web-mail, blogs, and even handhelds.
From Paul Johns, RMA Journal, October 2005


 
Are You Managing Communications Risk?
New Approaches to Mitigation Strategy Expand Executive Options

In this paper, Delphi Group argues that regardless of whether or not the current intensity of the climate for compliance rises or falls, the lessons and costs to the industry from the communications-based mistakes and malfeasance we have seen dictate that executives now need to treat digital communications and its content as a strategic issue for the firm. Focusing management attention on digital communications risk will point up both the breadth of issues that are already lying in wait for the unwary and the shortsightedness of many of today's digital security investments.
Delphi Group, October 2005

 
Messaging Reportedly Makes Financial Industry Vulnerable To Compliance Breaches
Orchestria's findings indicate that most policy breaches are due to a misunderstanding of policy rather than malicious intent. Orchestria said today that according to its survey of US financial services firm employees, electronic communications such as e-mail, instant messenging, Webmail, blogs, chat rooms and handhelds, present a significant threat to the security of intellectual property and also risk violations of compliance with corporate and regulatory policy. Survey respondents included employees of all levels from various types of financial institutions across the industry.
From Information Week, September 2005


 
Orchestria Study Shows Messaging Makes Financial Industry Vulnerable To Compliance Breaches
“In an industry where protecting intellectual property plays a key role in the health of the business, it is troubling that more than 75 percent of the employees surveyed felt that it would be easy to send proprietary information outside of the company,” said Orchestria CEO Bo Manning. “As technology advances and more channels of communication are accessible in the work place, the potential for breaches will only increase.”
From Messagingpipeline, September 2005


 
Orchestria Brings Compliance Tools to Canadian Market
Toronto firm adds software to integration and testing laboratory. A company focused on helping enterprise IT systems comply with government regulations has decided Canadian firms are ready to tackle the same challenge as their U.S. neighbours.
From IT Business Canada, September 2005


 
Rev Tracker: Orchestria 4.0
This edition spotlights Orchestria's Active Policy Management Analyzer.
From Network Computing's Security Pipeline, Patricia Thomas, August 2005


 
Communicating by the Rules
Orchestria is one of a relatively new breed of products designed to prevent leaks of sensitive information via network communication channels. Unlike the network-based leakproofers we reviewed in June, Orchestria uses a client-side agent to monitor e-mail, IM, and Webmail communications at the desktop and to block noncompliant e-mail messages in real time.
From InfoWorld, July 2005


 
Waters
"Because recipients of the Waters awards are determined by readers, many of whom are our customers, we are especially honored to be selected as the Best Messaging Compliance Solution,"
Bo Manning, CEO, Orchestria

 
Internet Access
Orchestria just released a new version of its policy management software for emails, instant messages, web mail, blogs, and chat room entries. It lets an organization set messaging policies and rules, then watches employee communications as they are taking place, identifies problems, and tells employees what policy they may be violating before blocking or quarantining potentially offensive messages.
From Credit Union Tech Talk, July 2005


 
Blogging Your Secrets Away
Blogs aren't all bad. And there are practices you can adopt to protect trade secrets. More high-profile companies are turning to blogs as a way to communicate with customers, employees and the public. But as the popularity of corporate blogs rises, the vulnerability of confidential information has also dramatically increased. Employees could be blogging away your secret sauce.
From SC Magazine, Paul Johns, July 2005

 
Safeguarding Corporate Information: The New Market Of Information Leak Prevention
Current security solutions are well-suited to enforcing simple policies, but they can’t provide more subtle detection. As the need for security increases, Forrester sees an emerging market, information leak prevention, filling the gap with products that monitor, measure, and prevent the inappropriate disclosure of sensitive business or customer information.
From InfoWorld, July 2005


 
ESG and Lehman Brothers Talk on Waters Panel
Archiving e-mail is now a mandated liability. Firms have to save every electronic missive, no matter how mundane or innocent, in the event of an investigation for alleged wrongdoing. As with any far-reaching regulation that is fueled by politically ambitious investigators and angry watchdog groups, confusion can ensue. In June 2005, Waters Magazine assembled a panel of industry experts to discuss the challenges of archiving and retrieving e-mails. The panel consisted of Joseph Steffan, director of technology compliance for Lehman Brothers; Brian Babineau, an analyst with the Enterprise Strategy Group; and Paul Johns, vice president of global marketing for Orchestria, the compliance solutions firm.
From Waters, June 2005

Keeping An Eye on Email, IM and Blogs
It's sad but true that some companies feel the need to monitor employee email and instant messages for missives that break a law or are embarrassingly inappropriate. This week Orchestria came out with a new version of its policy management software for emails, instant messages, web mail, blogs, and chat room entries.
From Network Magazine, June 2005

eWEEK Names Orchestria Analyst Choice 2005
"The Orchestria product provides the broadest policy coverage eWEEK Labs has seen, using client- and server-based tools for monitoring and managing e-mail, instant messaging and Web-based communications. The results of this approach garner APM 3.1 our Analyst's Choice designation,"
Michael Caton, Senior Analyst, eWeek
Read the Press Release

 
Vendor of the Year
Orchestria emerged at the forefront in aiding the largest Wall Street firms with one of their most pressing compliance concerns: meeting the global research analyst settlement requirements
From Compliance Reporter, May 2005


 
COMPLIANCE REPORTER Selects Orchestria as Vendor of the Year
"Orchestria has emerged at the forefront in aiding the largest Wall Street firms with one of their most pressing compliance concerns: meeting the global research analyst settlement requirements."
Mark Malysko - Compliance Reporter

 
Orchestria Makes Its New York Debut
A year ago, Orchestria was a British expatriate in New York, steadily gaining traction with a technology for enforcing compliance with electronic communications rules…
From Securities Industry News, May 2005


 
FORTUNE Names Orchestria Breakout Company 2005
"Had Orchestria's software been installed at Merrill Lynch, they might never have been able to send those snide e-mails privately ridiculing the stocks he was publicly recommending."
Andreas Cervenka, of FORTUNE
Read the Press Release

 
APM: Who, What and Why
Before internal e-mails reached the desk of Eliot Spitzer, there was Monica Lewinsky's hard drive.
From Securities Industry News, May 2005


 
“ Active policy management focuses on pre-empting non-compliant electronic messages and preventing them from becoming part of permanent corporate records.”
From The Radicati Group, May 2005


 
“There’s a strong case for implementing an electronic policy manual, capable of implementing policy at the point of interaction. We ask ‘is it time to burn the policy manual?’ ”
From Waters, April 2005

 
Active Policy Management - Transforming Passive Data Archival into a Trusted Source for Compliant Records
Active Policy Management (APM), which is the topic of this paper, enables IT and business professionals alike, to transform inconsistent manual processes (e.g., protection, access rights, archival media, retention, disposition) into automated, consistently enforced policies. Further, to truly harness the potential of an archive while still protecting the repository from intentional or unintentional corruption, active yet flexible software-driven policies must be created and then enforced in a consistent, yet minimally invasive manner.
Peter A. Gerr - Enterprise Strategy Group, April, 2005


Enterprise Strategy Group   http://www.enterprisestrategygroup.com

 
This Compliance Monitor article debates the value of a ‘publish and hope’ strategy when it comes to Real-Time Prevention. We ask, is it time to burn the policy manual.
From Compliance Monitor, March 2005


 
A new white paper by The Radicati Group, titled Active Policy Management, Third Generation Compliance for Today's Corporate Environment, might make you think twice about your current message archiving efforts.

The consulting firm takes a look at this new category of supervisory and enforcement programs designed to monitor corporate electronic communications in a way that helps companies to reduce the amount of non-compliant communication that passes through their systems.
From A Better Approach Than Archiving by Mitch Irsfeld, March 2005


 
SC Magazine newsletter
In a guest column, Orchestria's CEO , Bo Manning, looks at the impact of constantly changing regulations on financial institutions Each new mis-selling or market abuse scandal brings with it a tightening of the rules: whether it is a major shift like the introduction of the Sarbanes-Oxley Act and the Basel II Accord, or the cumulative effect of successive administrations and regulatory regimes adding new sections and clauses to existing regulations.
Read the guest column: Intelligent Review - the death of random review?, by Bo Manning March 2005

Does your email trail lead to jail? As a guest writer for Compliance Solutions Advisor, Orchestria's Pete Malcolm goes into detail on how companies can have a more intelligent approach to storage and questions the logic of companies taking a 'better safe than sorry' approach to storage and saving everything. In highly regulated markets, this strategy simply doesn't work. Read about a new approach to storage here.
From Compliance Solutions, January 2005


 
IBD Network
“Orchestria has gained significant traction in the market and have emerged as a leader in this space”

Alison Murdock
IBD Network Group
Read the Press Release

"Although some companies may need to upgrade their corporate systems to provide information required by new law, many executives see these capabilities as adding value beyond mere compliance."
Frank Brown, Pricewaterhouse Coopers
From Compliance Solutions, January 2005


PricewaterhouseCoopers   http://www.pwcglobal.com/



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