OHIO REDEMTECH PUTS THE LOCK ON DATA IN TRANSIT AND STORAGE Redemtech Puts the Lock on Data in Transit and Storage: Financial News - Yahoo! Finance: "Press ReleaseSource: Redemtech

Redemtech Puts the Lock on Data in Transit and Storage
Monday January 9, 5:31 pm ET

Lock-IT Utility Provides Fast, Cost-Effective Security for Hard Disk Data

COLUMBUS, Ohio, Jan. 9 /PRNewswire/ -- Redemtech, a leading provider of Technology Change Management (TCM) services, today released Datasure Lock- IT(TM) 2.0, a unique security utility that quickly locks hard disks by encrypting the file system, preventing unauthorized access to sensitive data during transit or storage of data-bearing assets."

"A significant number of security breaches occur as a result of lost or stolen computers," said Robert Houghton, president of Redemtech. "Lock-IT allows organizations to close a gap in their security program by enabling fast, on-site data locking on assets being decommissioned or redeployed."

Over 200 million computers will be decommissioned this year and millions more idled or redeployed, representing a huge vulnerability if data is unsecured during the transition. In addition, laptop or device theft was the number one security problem reported in the 2005 Computer Security Institute/FBI Computer Security Survey. A study by the Ponemon Institute revealed that a security breach involving customer data costs an average of $14 million, with costs as high as $50 million in some cases.