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Strategies & Market Trends : Aardvark Adventures
DAVE 223.68-8.2%3:59 PM EST

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To: ~digs who wrote (46)4/1/2004 11:57:59 AM
From: ~digs  Read Replies (2) of 7944
 
BVEW @ 3.74 0.34 +10.00% 249.85K 11:46am

company works to make IT biz both more secure and cheaper.. a good niche

non profitable, but has CFO and VP insider buying in January

news yesterday:
March 30, 2004--Helping U.S. government agencies to meet new federal compliance mandates and satisfy Office of Management & Budget (OMB) audits, BindView Corp. (Nasdaq:BVEW - News) today announced the release of BindView Report Packs for FISMA, a security and vulnerability management reporting solution to help government agencies comply with the Federal Information Security Act of 2002 (FISMA). As a fully integrated compliance solution, BindView Report Packs for FISMA allow IT and security administrators to automatically identify and proactively remediate security vulnerabilities in the information systems of federal agencies before they are exploited.

FISMA places significant requirements on federal agencies for the defense-in-depth protection of their information systems. To comply with the mandate, federal agencies must develop, document and implement a department-wide information security program, then demonstrate the effectiveness of their risk assessment and response strategy through independent audits and evaluations.

The Environmental Protection Agency (EPA), using a BindView solution, was cited by the OMB in the Budget of the United States 2005; Analytical Perspectives as having "excelled at protecting their information security assets. EPA has evaluated the risks to, and certified the security of, its IT systems. Beyond documentation, however, EPA has implemented quantified measures of repelled attacked and blocked virus...(the) EPA has taken great steps to protect the integrity of the agency."

"Securing the EPA's IT infrastructure is a strategic imperative for our agency, and we are proud that the OMB recognizes the quantifiable progress we've made to meet our FISMA requirements," said EPA Deputy CIO Mark Day. "Using BindView-based reports to management, our technical compliance scores have soared to almost 95 percent, from a starting point of 35 percent. We've created a cultural shift by providing clear, easy-to-understand reports to management upon which they can act without being technical experts themselves.

cont'd @ biz.yahoo.com

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