Bank Sal. Oppenheim jr. & Cie. (Luxembourg) S.A. Selects Cybertrust

Cybertrust®, the global information security specialist, was selected to be the trusted security advisor to Bank Sal. Oppenheim jr. & Cie. (Luxembourg) S.A., a wholly owned subsidiary of Cologne-based Sal. Oppenheim jr. & Cie. KGaA, one of Europe’s leading private banks. Cybertrust will provide 24x7x365 Managed Security Services (MSS) for the bank in Luxembourg, as well as risk management and remediation advice via its Professional Services division.

“We have been working with Cybertrust for six years and our relationship has gone beyond the usual partner and supplier dynamic – we consider them a highly valued and trusted extension of our security team,” explains Gary Schmitz, IT System Administrator, Bank Sal. Oppenheim jr. & Cie. (Luxembourg) S.A.

“We lean on Cybertrust for support in many different areas of information security. Their pragmatic approach to risk management helps us refine our security strategy and shape our security policies and procedures. We wouldn’t embark on a new security installation without prior consultation with Cybertrust,” he adds.
Sal. Oppenheim was established in 1789 and has always been a progressive company, embracing practices that will improve and enable the business. This includes its adoption of MSS and the outsourcing of the remote monitoring and management of Intrusion Detection Systems (IDS) to Cybertrust.

“By outsourcing to Cybertrust, our in-house team is supported by a highly trained, specialist security staff and is guaranteed around the clock support,” Mr. Schmitz continues.
Cybertrust is the global market leader in MSS, according to Frost & Sullivan. The company’s three-tier MSS architecture is unique in the industry, and is based on each customer’s strategy, regulatory environment, culture, and in-house competency needs, offering customers a wide variety of flexible service options. Some organisations, such as Sal. Oppenheim, allow Cybertrust to do all of the managing and monitoring on their behalf. Others prefer to do this in-house, and in these cases Cybertrust helps customers build and manage their own Security Operations Center (SOC). Other customers choose a cross between the two.

Bart Vansevenant, Director of Product Management MSS, explains: “Our longstanding relationship with Sal. Oppenheim bank is a testament to our risk-based approach to security, the expertise and specialist skill-set of our consultants, and the added advantage of being able to access the breadth and depth of our full MSS portfolio. By working with Cybertrust, our customers are able to be proactive around managing security threats so they can focus on running their businesses.”
For more information on Cybertrust Managed Security Services, please visit http://www.cybertrust.com/solutions/man … y_services

About Cybertrust
Cybertrust is the global information security specialist, delivering services that secure critical data, protect identities and help customers demonstrate ongoing compliance. Headquartered in Herndon, Virginia, United States, with more than 30 offices around the globe, Cybertrust is one of the world’s largest providers of information security and is recognized as the global market leader in managed security services. For more information, visit www.cybertrust.com