Cloakware Announces New Webcast on Password Security Risks in a Recessionary Economy

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In this webcast, Cloakware will pinpoint potential password security challenges emanating from merger and acquisition activity, changes in roles and responsibilities, headcount reductions, job losses, and disgruntled employees. The webcast will also cover innovative and credible risk management solutions to correct and prevent enterprise-class security problems.

Solving the Other Two-thirds of your Identity Challenge in a Recessionary Economy

Cloakware, Inc., the provider of proven software solutions for securing business applications and digital assets, today announced the availability of a free online webcast entitled: "Solving the Other Two-thirds of your Identity Challenge in a Recessionary Economy," presented by Robert Grapes, Chief Technologist, Datacenter Solutions.

Professionals in companies and government agencies experiencing recession-related dynamics such as merger and acquisitions, changes in roles and responsibilities, headcount reductions, job losses, and tightening fiscal controls can register to view the webcast immediately at:

This webcast is for all levels of management in private and public sectors seeking a cost-effective, scalable, and robust solution to privileged password lifecycle management rigorous enough to meet the PCI DSS audit requirements.

After reviewing the probable effects of the recessionary economy on business, Mr. Grapes will cover the challenges the business and its IT organization face, including:

  •     Integrating personnel, data, and network infrastructure.
  •     Protecting sensitive corporate data.
  •     Managing job changes and job losses.
  •     Ensuring personnel in new roles have appropriate access.

"The recent disheartening news of economic uncertainty illuminates the question, 'How will network and application security be affected?", says Grapes. "Businesses can expect a whole new package of security problems resulting from the convergence of disparate networks, overlapping IT administration, project cancellations and deferrals, tighter fiscal controls, and IT administrator job losses and layoffs. Knowing what to expect, and how bad it has the potential to be, should motivate companies to evaluate the enterprise-class corrective, protective, and preventive measures we provide in Password Authority. It's the first privileged password management solution architected from the ground up to meet the demanding requirements of large, global IT operations."

About Cloakware
Cloakware, an Irdeto company and part of the Naspers group, provides innovative, secure, proven software technology solutions that enable customers to protect business and digital assets in enterprise, consumer and government markets. Cloakware's two main product lines include; Cloakware Datacenter Solutions which help organizations meet governance, risk management and compliance (GRC) objectives for privileged password management while ensuring business continuity and the security of mission-critical data and IT infrastructure. Cloakware Consumer Product Solutions protect software and content on PCs, set-top boxes, mobile phones and media players. Protecting over one billion deployed applications, Cloakware is the security cornerstone of many of the world's largest, most recognizable and technologically advanced companies. Headquartered in Vienna, VA and Ottawa, Canada, Cloakware has regional sales offices worldwide. For more information, please go to


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Lisa Spencer
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