Australian company announces revolutionary data security technologyWednesday 17th February 2010 | 10:08 AM« Back to Listing"Data Chamber has at its core, patented technology that allows complex security labelling to be stored as a security key." said Mark Stocks, company director and co-inventor of the technology "These security keys can be compared using a mathematical dominance function that adds very little overhead to database queries. Not only does this reduce the risk of unauthorised access to data, but it also ensures that each authorised person can only see the database rows that they are allowed to see."
He went on to say, "Traditional approaches to restricting data access have built the security into the applications that access that data. Find a way to query the database directly, and none of those application layer restrictions apply any more. Data Chamber wraps the actual database in a secured layer, beneath the application, that ensures that all queries, no matter where they are executed from have the same rigorous security standards applied to them." "This is important technology." said David Finlayson, managing director of Designing IT Solutions Pty Ltd. "Data breaches are on the rise, and legislation is looming in Australia, the US and Europe that will make it mandatory for these breaches to be reported, both to government and the victims of the breach. Organisations need to ensure that their data is secure. They need security infrastructure that is strong, fast and easy to maintain. Data Chamber ticks all these boxes." Ineffective data security in organisations worldwide has lead to identity theft and fraud becoming the fastest growing and most prevalent crime in society. The statistics surrounding identity theft and fraud are downright frightening. In America today identity theft claims 15 million victims per year, with the associated financial losses amounting to $50 billion. A recent survey by the Ponemon Institute revealed that 73% of businesses surveyed had experienced at least one data breach in the last 12 months. The largest organisations in the world from banks to telco's to government are being attacked and robbed every day, yet it doesn't make the news for a number of reasons. Firstly the theft occurs without anyone walking into a bank with a gun threatening to shoot people. Secondly, organisations are not currently obliged to publicly disclose data breaches to anyone, be it the individuals affected by the breach, the media or the government. The problem exists because whilst there has been an explosion in the growth of electronic commerce and the creation of massive databases and data warehouses the technology employed to secure the data has not kept pace. In simple terms, virtually all of the effort that has gone into data security to date has been to protect the perimeter. We all know about the sort of infrastructure that exists like firewalls and single sign ons, which determine who can access a system and largely what information they are able to access. At a functional level many of the security controls are built into the various applications that consume the data with what is commonly known as role based security.
The problem occurs when someone is able to bypass the security controls and access the database via a back door such as an ODBC connection. Basically, there is no security around the data itself! Designing IT Solutions Pty Ltd is a Sydney based company that has been working on Data Chamber for the past five years. The algorithms used in the technology are being patented world wide. For further information, or to acquire the performance benchmarking report prepared by Teradata Inc on the technology, please contact Morris Levitzke, Manager, Institutional Sales on ph 0450 324 024 or email (morris.levitzke@designingitsolutions.com.au)
For further information contact: Press release published by Seeking Media. http://www.seekingmedia.com.au/ |
