PasswordBank and Kinamik Announce Alliance to Reduce Implementation Costs In GRC

BARCELONA, Spain--(BUSINESS WIRE)-- PasswordBank and Kinamik join forces to provide a combined solution, PasswordBank Secure Audit Vault – Powered by Kinamik, for identity and access management that generates immutable audit logs with full evidential weight

Kinamik Data Integrity, a VC-backed software company focused on real-time data integrity protection, and PasswordBank, leader in multiplatform Enterprise Single Sign-On solutions, announced today the signing of an OEM agreement for the use of the Kinamik Secure Audit Vault's unique real-time integrity protection technology, within PasswordBank's award-winning products. This joint solution will provide cost reductions in GRC (Governance Risk and Compliance) especially for forensic or auditing purposes, and will dramatically increase the information’s evidential weight while reducing the risk of manipulation of the electronic records.

"We are very happy to announce this OEM agreement with PasswordBank, an innovative leader in the Identity and Access Management space" said Mark Searle, Kinamik CEO. "This agreement comes after a thorough validation process done by both organizations. We are proud of providing unique value to PasswordBank’s current and future clients" he added.

PasswordBank's Enterprise SSO is the most comprehensive Identity and Access Management (IAM) solution, providing 360-degree access management throughout the whole enterprise with complete scalability and one of the fastest deployments in the market. It includes features such as the auditing tool -a key point for the GRC space. By incorporating the Kinamik Secure Audit Vault, PasswordBank offers increased evidential weight for the log data generated by their Enterprise SSO solution, allowing their clients to have complete trustworthy proof of the integrity of these sensitive data for all users, regardless of their privileges.

"PasswordBank has always been one of the most scalable and fastest-to-deploy solutions in the market, allowing our clients (using Windows, Linux or Mac) to have a lower total cost of ownership (TCO) reducing the complexity associated with the implementations. Now, with this partnership with Kinamik, we are moving even further ahead of our competitors and leading the way towards the next generation of IAM solutions" said Roger Casals, PasswordBank CEO.

The PasswordBank Secure Audit Vault – Powered by Kinamik is a seamless integration between each company's top-of-line products. It will be available in mid Q3, 2010.

For more information, visit http://www.kinamik.com and http://www.passwordbank.com.

CONTACT:

Roberto Blanc
Marketing Director
Kinamik Data Integrity
+34-931835814
or
Dann McDermott
Enterprise Technologist
PasswordBank Technologies
+14085241579

KEYWORDS:   United States  Europe  North America  France  Spain

INDUSTRY KEYWORDS:   Technology  Security

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