Saudi Bank Adopts ArcSight SIEMSaudi Bank Adopts ArcSight SIEM
Saudi Hollandi Bank implementation of the ArcSight Security Information and Event Management (SIEM) platform enables regulatory compliance and provides real-time security situation monitoring
January 12, 2009
ArcSight, Inc. (NASDAQ: ARST), a leading global provider of compliance and security management solutions, today announced that Saudi Hollandi Bank has successfully implemented the award-winning ArcSight SIEM platform and has seen many tangible results. With the ArcSight SIEM platform, Saudi Hollandi Bank can now easily view a rotating dashboard of critical security reports that display suspicious activity and violations culled from hundreds of thousands of security information events on their servers.
Saudi Hollandi Bank enlisted ArcSight for the task of collecting and correlating the hundreds of thousands of log events that are generated each day from dozens of sources, including its security devices, networking equipment and databases. The bank is now automatically collecting and managing real-time information from all sources within its IT infrastructure to meet its regulatory compliance requirements. ArcSight Enterprise Security Manager (ESM), the core product of the ArcSight SIEM platform, provided the automated, centralized event log and event management that the bank required to meet regulatory compliance mandates, conduct investigations into suspicious activities and respond to potential threats in its network.
"ArcSight has quickly become a key strategic element in the safe and secure operation of our bank," said Ali Alotaibi, IT security manager, Saudi Hollandi Bank. "Before ArcSight, it was difficult to know in real-time what was happening from an IT security and compliance perspective. Security information and event management was an unreliable manual process and had become a real nightmare for us until we implemented ArcSight ESM."
ArcSight ESM was selected by Saudi Hollandi Bank after the bank spoke with nearly a dozen other companies that had implemented the ArcSight solution. ArcSight partner ITS2 worked closely with Saudi Hollandi Bank to define the bank's specific requirements and tailor the ArcSight SIEM platform accordingly. Alotaibi said that ITS2 made a fairly painless implementation "even easier."
"The ArcSight SIEM platform and ArcSight ESM help companies to comply with stringent industry regulations and to protect their critical IT assets," said Rick Caccia, vice president of product marketing, ArcSight. "We are very pleased that ArcSight ESM has received recognition from Saudi Hollandi Bank as a strategic asset in its own right. Enterprise companies from many industries and government organizations worldwide are reporting that it is a powerful compliance solution and countermeasure to the growing threat from cybercrime."
Industry analysts have ranked ArcSight as a leader in the SIEM market. For the fifth consecutive year, Gartner, Inc. positioned ArcSight in the Leaders Quadrant for Security Information and Event Management. The report, by Mark Nicolett and Kelly Kavanagh, was published on May 8, 2008.
IDC also named ArcSight as the market share leader in the SIEM market and placed the company second in the security management software category. ArcSight holds an 18.6 percent share of total market revenue in SIEM in 2007. These figures were reported in the IDC market analysis titled "Worldwide Security and Vulnerability Management Software 2008-2012 Forecast and 2007 Vendor Shares: Making Security Smart."
For more information, please click here to see our new case study on Saudi Hollandi Bank.
About ArcSight ArcSight (NASDAQ: ARST) is a leading global provider of compliance and security management solutions that protect enterprises and government agencies. ArcSight helps customers comply with corporate and regulatory policy, safeguard their assets and processes, and control risk. The ArcSight platform collects and correlates user activity and event data across the enterprise so that businesses can rapidly identify, prioritize, and respond to compliance violations, policy breaches, cybersecurity attacks, and insider threats. For more information, visit www.arcsight.com. (c) 2009 ArcSight, Inc. All rights reserved. ArcSight and the ArcSight logo are trademarks of ArcSight, Inc.
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