Busy week with security and data insights taking pride of place. Symantec has two news offerings worth noting this week including the release of Data Insight 3.0 and the acquisition of Nukon, IBM offers analytics for fraud prevention, ControlPanelGRC upgrades and Vista Buys Equity.

Symantec Releases Data Insight v3.0…

Symantec has been busy over the past week. The first piece of news from the security giant is that it has released Symantec Data Insight 3.0.

Data Insight v3.0 offers data governance by providing intelligence into ownership and usage of unstructured data -- including files such as documents, presentations, spreadsheets and email.

Enhancements to Symantec Data Insight help organizations with storage operations and simplify information governance processes to reduce costs, reduce risk and achieve compliance across a comprehensive set of data sources.

It addresses these challenges by continuously monitoring data usage and enabling rule-based inferences for data ownership.

Understanding how data is being used enables effective unstructured data management operations -- facilitating tasks such as storage reclamation and chargeback.

This is a really big release with lots of interesting features so best check out the Symantec website for more feature details. It's available now with pricing starting at US$ 5000 with either a per-user or per-TB licensing option.

… Buys Nukona

Also this week -- in fact today -- from Symantec is the announcement that it has signed a definitive agreement to buy Nukona, a mobile application management vendor.

The acquisition extends Symantec's enterprise mobility portfolio to include a cross-platform mobile application protection solution to help IT organizations protect and isolate corporate data and applications across both corporate owned and personally owned devices

The transaction is expected to close in April and is subject to customary closing conditions. The financial terms of the acquisition are not being disclosed.

It’s interesting that this should come so soon after the research that showed that lost smartphones pose a significant security risk, even just from people that are being nosy. More on this as they start releasing products.

IBM Uses Analytics to Detect Fraud

Also this week, there was security news from Big Blue, which announced new consulting services and software that brings predictive analytics to enterprise decision makers.

The new analytic offerings address the emerging opportunities of big data to manage financial operations, decrease fraud and nurture next-generation customer relationships.

Based on experiences drawn from more than 20,000 analytics engagements, the new solutions combine innovations developed by IBM Research with new predictive technologies from dozens of companies IBM has acquired.

IBM says the thinking behind the services is an attempt to take as much information from the Big Data pumping through enterprises to nip any attempts at fraud in the bud. 

ControlPanelGRC Upgrades Companion Suite

Also this week, GRC vendor ControlPanelGRC has announced an expanded version of its Companion Suite solution, aimed at companies that want to extend and complement prior GRC technology investments in SAP.

The expanded ControlPanelGRC Companion Suite offers an integrated suite of modules in two categories -- compliance automation and operational efficiency.

It is written in ABAP, the SAP programming language, and provides options for SAP users to augment their GRC investments with functionality such as:

  • Continuous controls monitoring
  • Compliant change requests, commonly referred to as transports
  • Transaction usage analysis
  • Compliant batch management

ControlPanelGRC Companion Suite also offers a number of operational efficiency modules that are designed to help SAP administrators better manage and run their IT programs. 

Vista Buys Equity

Finally, if you didn’t think there was money in GRC, check out the latest buys by Vista Equity Partners in London -- nothing to do with Microsoft Vista! --  which has agreed to buy the British software company Misys for US$ 2 billion.

The announcement comes after merger talks between Misys and a Swiss rival, Temenos, collapsed last week.

Vista said it planned to combine the British company, which makes software to help financial institutions run their risk management and other back-office operations, with Turaz, one of its existing companies, that make trade and risk-management software. In terms of IT it’s not massively interesting, but look at the price!