Leading GRC vendor selected for Best Regulatory Compliance Category three years in a row by expert panel of judges

ATLANTA--(BUSINESS WIRE)-- Modulo, a leading provider of IT governance, risk and compliance (GRC) solutions, announced today that it has been named a 2012 SC Magazine Awards finalist for outstanding leadership and achievement in information security. The company’s Modulo Risk Manager NG platform is recognized for the third year in a row in the Excellence Award for Best Regulatory Compliance category, which acknowledges companies with superior security products that help customer tackle today’s most pressing security hurdles.

IT security companies nominate their solutions for consideration in the SC Magazine Awards and entries are judged by a panel of experts - from end-user companies to the analyst and consulting communities to academia. Many are practicing and former chief security officers from the private and public sectors.

SC Magazine recently awarded Modulo Risk Manager the top honors – “Best Buy” designation and 5-Star rating – in its 2011 risk management group test product review. “Best Buy” is the highest honor given by the SC Lab and is assigned to only one product that rates as outstanding. SC Magazine Canada also named Modulo customer Doug Powell of BC Hydro as CSO of the Year in 2010 for his innovative use of GRC to support the third largest electric utility in Canada.

“It is very rewarding to see the investment that Modulo has made over the last several years in developing what we believe to be one of the, if not the, most comprehensive GRC tool be recognized by our 1,000 clients as well as by prestigious organizations such as SC Magazine. This award further reinforces our commitment to continue to invest in increasing the scope and functionalities of Modulo Risk Manager. We are aware of the responsibility of providing a complete solution that is able to handle the complex challenges and every day demands in compliance, as well as in policy and risk management,” said Sergio Thompson-Flores, CEO, Modulo.

“We’re proud to acknowledge the excellence of Modulo and its Modulo Risk Manager NG for three years running. Finalists in this category help organizations comply with daunting regulatory environments in the demanding health care, financial services and government markets and face a new frontier of corporate security threats designed to steal the heart of an organization, data,” said Illena Armstrong, editor-in-chief, SC Magazine.

In its 15th year, the information security industry’s most prestigious honor, the annual SC Awards US, showcase the best solutions, services and professionals, while recognizing achievement and technical excellence. SC Magazine distinguishes the achievements of the security professionals in the trenches, the innovations happening in the vendor and service provider communities and the passionate work of government, commercial and nonprofits - all working to help improve global security.

Winners of this year’s SC Magazine Awards US will be announced at a gala dinner and award ceremony to be held in San Francisco on Tuesday, February 28, 2012. To attend the Awards, please register at http://www.cvent.com/d/scqm6b/4W.

About SC Magazine

SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. The brand’s portfolio includes the SC World Conference and Expo, SC Congress Canada, SC Magazine Awards, SC Directory, SC Magazine Newswire and SC Magazine IT Security Executives Forums

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About Modulo

Modulo is a leading global enterprise provider of comprehensive Governance, Risk and Compliance (GRC) management solutions. Modulo’s award-winning Risk Manager™ provides hundreds of organizations worldwide with the tools they need to automate the entire GRC management process to monitor, manage and sustain adherence to policy and regulations while reducing enterprise risk and complexity. Customers span the financial, health care, retail, telecom, power & gas and government sectors and include BASF, BC Hydro, Commercial Bank of Dubai, Microsoft, New York University Medical Center, Synovus Financial, and Schlumberger. Modulo is recognized as a winner of the 2011 & 2010 Info Security Products Guide Global Excellence Award, 2010 Network Products Guide Product Innovation Award and 2011 & 2010 SC Magazine Excellence Award Finalist.

Follow Modulo on Twitter @moduloitgrc or visit www.modulo.com for more information.

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Media:
Kesselring Communications
Leslie Kesselring, President
+1 503-358-1012
Leslie@kesselring.net

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