Toronto’s Informatica Security Helps Canadian Companies Combat Identity Theft and Information Security Breaches with Latest Technology from SPIDynamics

Toronto, February 7, 2007 /PR/ Toronto-based Informatica Security has announced the Canadian launch of SPIDynamics WebInspect 7.0, the industry leading application security tool that allows Canadian companies to combat the latest threats to confidential information and customer data records.

The long-anticipated release by US-based application security leader SPIDynamics comes at a time when Canadian consumers are openly concerned about the privacy and security of their personal and financial information. Recent breaches in the retail and banking sectors have reportedly exposed thousands of Canadians to identify theft breaches and credit card fraud.

Informatica president Claudiu Popa believes that Canadian companies have a lot to gain from adopting adequate application security practices: “Canadian information privacy and security law can only offer very limited protection for consumers. To adequately protect customer information, Canadian companies need to show a commitment to better, more secure practices. This is the type of solution that will make a difference by detecting and helping to prevent breaches before they occur.”

The industry leading security solution supports the latest application development techniques, including AJAX, SOA and Flash, often referred to as Web 2.0. Initially introduced as part of WebInspect 7.0, the industry’s leading application security scanning tool the technology will make its way into other SPIDynamics products that uniquely address Web 2.0 challenges. WebInspect 7.0’s design allows it to easily deliver threat scanning and discovery and provides real time reporting.
“One of the big differentiators for WebInspect 7 is the onboard manual tools that enable us to complement our automated testing efforts,” said Joey Peloquin, Security Engineer, JCPenney Co., Inc. “With additional manual testing capabilities within our application security testing programs, we strengthen both our assessment processes and essential collaboration with our development team in order to focus on the critical security issues prior to production and throughout the application lifecycle.”
Under Canada’s federal privacy law, federally regulated companies such as the major banks are obligated to ensure that personal information is protected by security safeguards appropriate to the sensitivity of the information. Informatica Security, which provides information security assessment solutions across Canada, currently offers WebInspect 7.0 and application security scanning as part of its best selling security assurance solutions: FlexSecure Verify. According to the company, the industries that benefit the most from application security solutions are banking, healthcare, government and most evidently, the retail sector.

ABOUT INFORMATICA SECURITY CORPORATION

Informatica Security (www.InformationSecurityCanada.com) is Canada’s leading innovator in corporate regulatory compliance and security awareness training. Founded in 1989 by Claudiu Popa, CISSP, PMP, CISA, the Toronto-based advanced security consulting firm works with organizations to identify information risks and rapidly mitigate them, delivers a wide array of corporate security courses and seminars, and provides advanced management consulting to address threats to information assets. Informatica specializes in delivering complex security concepts in simple, effective terms, allowing organizations to rely every one of their employees as a critical component of the overall security strategy. Informatica’s FlexSecure Verify series of audits and assessments is the most comprehensive in the industry, allowing organizations of all sizes to gauge their exposure to threats and rapidly address the risk. For more information about application security assessments and privacy impact studies visit www.SecurityAudits.ca, email info@InformaticaSecurity.com or call 416-431-9012.

About S.P.I. Dynamics, Inc.
SPI Dynamics delivers a comprehensive suite of products and services (http://www.spidynamics.com/products/index.html) that help to identify and remediate web application and web services security vulnerabilities found at key stages throughout the web Application Lifecycle. SPI Dynamics solutions enable security professionals, QA testers, and developers to work together to assess, analyze, and remediate web applications and web services for security vulnerabilities, and verify compliance with over 20 security policies like SOX, HIPAA and PCI. The Company’s unique approach, utilizing patent-pending Intelligent Engines™ technology combined with the largest web application security vulnerability knowledgebase in the industry, delivers unparalleled speed and accuracy. SPI Dynamics’ research and development team, SPI Labs, is widely recognized as one of the world’s leading authorities on web application security and risk management. The Company counts over 950 customers among Global 2000 enterprises, including over 90 U.S. Federal accounts. SPI Dynamics’ strategic partners include Microsoft, IBM, Hewlett-Packard, CSC and Visa. SPI Dynamics is privately held with headquarters in Atlanta, Georgia. For more information, visit www.spidynamics.com or call (866) 774-2700.