S3 First in Data Quality Industry to Offer Two-Factor Security
Data Sensitive Industries Responding to Highest Possible Security Measures
(Austin, Texas) – June 19, 2007
S3 Matching Technologies, which cleanses and consolidates the most sensitive data in U.S. business and government, has added an unprecedented level of security to its patented TeraMatch® technology systems. Customers will be offered security tokens to increase protection of the vast amounts of data processed daily from its financial services, healthcare, government, and telecommunications industries.
"Our healthcare customers are very protective of patient information," explained Andrea Gillentine, Vice President of the healthcare vertical for S3. "Transferring data over the Web using the USB authentication tokens will prevent unauthorized access of any healthcare data and also stop any violations, inadvertent or otherwise, of the HIPAA regulations, which assure patient privacy."
The electronic tokens randomly generate security codes and attach directly to the client’s computer via a USB port. With this system, even if a criminal knew the login and password the access would be denied without the extra code from the security token. S3 is leading the data management industry in the move to additional security through tokens.
"There is simply no industry more concerned about the security of data than financial services," said Rod Taylor, VP of Financial Services. "Every bit of data from all of the markets is streamed to our servers every day so that we can provide reports and analysis to some of the biggest firms on Wall Street. Every additional level of protection we can provide our customers will add to the confidence level of their clients."
Two factor or so-called "strong" identification relies on both "something you know" as well as "something you have." The S3 security tokens enable S3 customers and their employees to go beyond the security level of just a username and password.
About Quantum5 (www.Quantum5.com)
Quantum5 delivers quantitative trade execution performance analysis of equities and options trading in real-time to enable market centers, broker-dealers, institutions.
About S3 Matching Technologies (www.S3.com)
S3 is an Austin, Texas based company focused on providing data quality management software for the IT, telecom, financial services, and healthcare industries. S3 invented TeraMatch®, a rules-based matching engine which uses algorithmic scoring based on industry-specific best practices. S3’s software may be deployed as licensed software or as a managed solution.