CU Resources Spotlight
Diebold And CUNA Offer RiskWatch®, Physical
Security
Security software is CUNA’s latest addition to portfolio of Diebold products
CUNA Strategic Services, Inc. and Diebold, Incorporated (NYSE: ‘DBD’) announced they have entered into an exclusive agreement to jointly market a comprehensive security software program to credit unions called "RiskWatch® for Financial Institutions." This is a risk assessment tool designed specifically so credit unions can better safeguard consumers’ personal financial information.
CUNA Strategic Services also finalized an agreement to market Diebold’s physical security products to credit unions. Those products include security vestibules, safes, modular vaults and vault doors, safe deposit boxes, lockers, After-Hour® depositories, bullet-resistive barriers, drive-up windows and drawers, under counter cabinets, remote transaction products, such as Diebold’s RemoteTeller® System, and other branch products.
"We feel strongly that the RiskWatch security software, coupled with Diebold’s innovative physical security products, makes good business sense for our members," said Wes Millar, senior vice president at CUNA. "It will also help them comply with security guidelines and standards."
RiskWatch for Financial Institutions was developed to assess compliance with the Gramm-Leach Bliley Act (GLBA), which grants federal agencies and state government permission to administer and enforce the Financial Privacy Rule and Safeguards Rule and the FFIEC Information Systems Guidelines, as well as assessing facilities access.
"Credit unions can’t afford not to invest in this kind of proactive measure," said Dennis Moriarty, vice president of Diebold’s Global Security, "In the long run, the reward of having and implementing RiskWatch software far outweighs the risk of not having it."
It’s a complete suite of security assessment software that provides Diebold and CUNA members with a comprehensive security risk analysis and management tool that identifies and analyzes a credit union’s assets and threats, measures vulnerabilities, evaluates losses and recommends appropriate safeguards to protect member information and physical resources.
The software program develops a security return on investment that focuses, prioritizes and justifies the security budget. Diebold is an authorized reseller of RiskWatch software.
RiskWatch provides security risk assessment and compliance software that automates the risk management and site survey process. RiskWatch products are available for information systems, physical and facilities security, the HIPAA Final Security Rule, ISO 17799 compliance and supply chain security. For additional information, visit the RiskWatch web site at
www.riskwatch.com.
Diebold, Incorporated is a global leader in providing integrated security,
services and self-service delivery systems. Diebold employs more than 14,000
associates with representation in more than 90 countries worldwide, and is
headquartered in North Canton, Ohio, USA. Diebold reported revenue of $2.4
billion in 2004 and is publicly traded on the New York Stock Exchange under the
symbol ‘DBD.’
More information on the company and their
services.
November 1, 2005
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