Austin, Texas - (May 7, 2015) - Troux™, the global leader in enterprise intelligence (EI) and enterprise architecture (EA) solutions, today announced Technology Lifecycle Management for Cybersecurity to identify end-of-life technologies that exist across the enterprise. Enterprise intelligence revealed by Troux solutions enhances cybersecurity programs by providing essential insight into technology risk gaps, helping executives and IT professionals identify potential breach points and develop a plan to mitigate the risk of cyber attacks.
“Cyber criminals will take the path of least resistance to achieve their goal, and companies relying on outdated technologies are making it very easy for them,” said Will Scott, CMO and SVP of product development at Troux. “Many businesses lack the ability to understand what technologies are in place as well as the potentially catastrophic impacts associated with outdated technology. With the ever-expanding number of applications, hardware and software being used across the enterprise, tracking lifecycles without automation is a fool’s errand.”
According to the Data Breach Investigations Report from Verizon, a staggering 99.9 percent of cybersecurity breaches are made possible due to out-of-date technology or a company’s failure to update their software. When a technology asset reaches end of life, the vendor no longer provides patches for security vulnerabilities that arise, effectively creating an open door to cyber attacks that target valuable intellectual property, business critical information and confidential personal data.
Rick Lauderdale, chief enterprise architect of the U.S. Department of Energy (DoE), presented an exemplary case of using enterprise intelligence to improve cybersecurity during the 2015 Troux Worldwide Conference. In 2013, the DoE was hit by a breach where hackers exploited out-of-date software to steal employees’ personally identifiable information (PII), a preventable risk gap that resulted in significant financial and reputational damage. The enterprise architecture (EA) team at the DoE worked with Troux and other technology partners to establish a more comprehensive technology asset management capability that identifies hardware and software that will go unsupported due to reaching end-of-life. These gaps are then addressed long before they turn into cybersecurity liabilities. The DoE’s EA program has also eliminated technology redundancies and allowed the DoE to realize significant cost savings.
To ensure cybersecurity risks are minimized, Troux delivers the enterprise intelligence business leaders need to see the big picture and better understand exactly where they should be addressing points of exposure across the technology portfolio.
- Technology Inventory and Relationship Perspectives provide out-of the-box capabilities to establish a single source of record for all enterprise technologies and view their relationship to business capabilities, organizations, people and projects.
- Technology Assessment Perspectives standardizes the assessment of technologies that are nearing end-of-life against a set of predefined criteria such as cost, redundancy, risk, regulatory compliance, capability alignment and strategic fit.
- Technology Remediation Perspectives enables decision makers to see what remediation initiatives, such as application retirement, upgrade or replacement, should be considered to minimize cyber threats.
- Technology Roadmapping and Planning helps business leaders see and compare the impact of proposed technology portfolio changes on business capabilities to identify the best course of action.
Troux’s mission is to change the way businesses make decisions. Troux solutions deliver the enterprise intelligence business leaders need to see the big picture and understand exactly where they should be investing in their business. Enterprise intelligence provides a new level of transparency to show where the business is over-invested, under-invested or at-risk. As a result, businesses make informed decisions that bolster growth, reduce cost and increase competitive agility. With the largest and fastest growing base of successful customers, Troux delivers results across all key verticals for some of the world’s best known brands including: AstraZeneca, Bayer Healthcare, Boeing, Caterpillar, Cisco, Dell, Disney, Fidelity, JetBlue, HSBC, Lloyds, Telefonica, U.S. Department of Energy, Wells Fargo, Walmart, VMware, Vodafone and Volkswagen Group of America.
Aaron Motsinger for Troux