Qualys to Provide Security Scanning Across Standard Chartered Bank’s Global Network
London, UK — April 29, 2004 — Qualys, Inc., the market leader of on-demand Network Security Audits and Vulnerability Management, today announced that it has been selected by Standard Chartered Bank as the vulnerability management solution for its global network. Standard Chartered, one of the world’s most international banks, will use Qualys’ QualysGuard Enterprise® service to audit and protect its network assets proactively.
As with many banking businesses, the need to develop services quickly in response to market conditions leads to a highly diverse range of IT assets covering a variety of applications, platforms and service vendors. This scenario demands a robust, best practice-based approach to network auditing and vulnerability management. Unlike traditional software-based vulnerability management applications, Qualys’ unique service model enables Standard Chartered to conduct security audits across a worldwide, highly distributed network on a continuous basis. The QualysGuard service ensures the highest degree of accuracy, data integrity, scalability and ease-of-use without the time and resource burdens of deploying and maintaining complex enterprise software.
“QualysGuard is the lynchpin of our holistic strategy with regard to security monitoring across our network. Key aims of this are an effective solution for responding to the threat of new vulnerabilities and associated exploit code as well as a more focussed response to any security incident developing across the network. Qualys enables us to pinpoint in near-real-time, where exactly on our network new and existing vulnerabilities are present. With Qualys, we can also deploy our security manpower much more effectively in both preparing and responding to security incidents,” said John Meakin, Group Head of Information Security with Standard Chartered Bank.
As a web-based service, QualysGuard automates the end-to-end process of vulnerability management. QualysGuard’s distributed management capabilities enable enterprises to allocate vulnerability assessment and remediation tasks to users throughout the enterprise, while creating centralized reports that simplifies network security audits and facilitates policy compliance.
“In evaluating various solutions, the decision to select Qualys was based on five clear criteria: scanning accuracy, deployability, scalability, ease-of-use and overall cost effectiveness. Qualys has met our demands without compromise and given us a reliable, centralised solution for protecting our critical assets worldwide,” said Meakin.
Standard Chartered employs 30,000 people in over 500 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world’s most international banks, with a management team comprising 70 nationalities. Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market capitalisation.
It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, custody, foreign exchange, debt capital markets and corporate finance.
Standard Chartered is well-established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability. The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.
With more than 2,000 subscribers ranging from small businesses to multinational corporations, Qualys has become the leader in on demand vulnerability management and policy compliance. The company allows security managers to strengthen the security of their networks effectively, conduct automated security audits and ensure compliance with internal policies and external regulations. Qualys’ on demand technology offers customers significant economic advantages, requiring no capital outlay or infrastructure to deploy and manage. Its distributed scanning capabilities and unprecedented scalability make it ideal for large, distributed organisations. Hundreds of large companies have deployed Qualys on a global scale, including AXA, DuPont, Hershey Foods, ICI Ltd, Novartis, Sodexho, Standard Chartered Bank and many others. Qualys is headquartered in Redwood City, California, with European offices in France, Germany and the U.K., and Asian representatives in Japan, Singapore, Australia, Korea and the Republic of China. For more information, please visit www.qualys.com.
Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.