Security Methods Launches Managed Security Services, As Smaller Companies Face Specter of Sarbanes-Oxley

Share Article

Security Methods Inc., a leading provider of information security services, is launching SMi Managed Security Services in a bid to help smaller companies meet forthcoming Sarbanes-Oxley Act reporting requirements. Under section 404 of the Act, companies with revenue under $75 million must comply with provisions that call for the establishment of internal financial controls, including information security, by July 15, 2005. But unlike their larger counterparts, smaller firms are having trouble absorbing the costs of compliance, according to analysts and industry observers.

Security Methods Inc., a leading provider of information security services, today announced the launch of SMi Managed Security Services in a bid to help smaller companies meet forthcoming Sarbanes-Oxley Act reporting requirements.

Under section 404 of the Act, companies with revenue under $75 million have until July 15, 2005, before they must comply with provisions that call for the establishment of internal financial controls including information security.

But unlike their larger counterparts, smaller firms are having trouble absorbing the costs of compliance, according to analysts and industry observers.

“We've seen too many consulting firms take a ‘one-size-fits-all’ approach, doing things like saddling small enterprises with security programs that would challenge even large, mature organizations,” said Carson Sweet, Security Methods’ Principal Director. “Smaller companies need risk management programs that scale to their needs if they’re going to be sustainable. The alternative is to thrash and struggle with something far too taxing.”

SMi Managed Security Services will provide packages featuring the automation and support that compliance-driven organizations need, such as those required to fulfill standards like Sarbanes-Oxley, ISO-17799, SAS70 and COBIT. System features like self-documenting workflow, threat-management, compliance reporting and policy management tools help streamline time-consuming compliance tasks, say clients now using the solution.

“Small to medium-sized enterprises can now readily access comprehensive and intuitive security management automation, as well as management support provided by our established professional services,” said Sweet, a CISSP and CISM-certified security specialist. “The flexibility of these offerings opens up choices to companies who have found traditional managed security services too rigid or limited in scope.”

The security management methodologies underlying the service were developed by Security Methods over a 10-year period and have been widely tested at global blue chips. Developing the automation platform from the ground up took roughly three years of effort by a team of public and private-sector security and application experts, in addition.

Clients queuing-up for the new service can access an innovative support platform that combines remote and onsite skills delivery, security management appliances and web-based portal technologies, according to Sweet.

“The regulatory burdens like Sarbanes-Oxley disproportionately affect smaller companies,” Sweet said. “Those facing it [SOX] have been asking for tools to streamline all aspects of the security process, and we have responded.”

About Security Methods Inc.

Security Methods is a leading information systems security provider that has met the protection needs of private industry and government agencies since 1996. Our mission is to deliver direct, tangible, and cost-effective results to organizations demanding a higher standard of information security assurance. The company’s sole focus is providing specialized automation, skills, and strategies that achieve powerful and sustainable information security.

From its headquarters in Virginia’s Dulles technology corridor, Security Methods offers security solutions fitting a broad range of financial and operational situations. Our practical approach maximizes existing protection capabilities, expanding them as required through skilled development and integration of information security technologies.

Contact Information:

Subodh Mishra

Interim Director of Communications

Security Methods Inc.

11350 Random Hills Road

Suite 800

Fairfax, Virginia 22030

(t) 703-831-4151

(f) 703-637-1148

http://www.securitymethods.com

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Subodh Mishra

703-831-4151
Email >