Gazzang, Inc., the cloud infrastructure software company, has entered the Cloud Tools Program with Rackspace® Hosting. Gazzang will provide management solutions that help secure MySQL databases hosted on The Rackspace Cloud, and accelerate enterprise adoption of public, private and hybrid cloud environments.
“Cloud computing is fraught with security risks, where data can reside anywhere, applications may be divided across multiple servers, and you don’t know who the admins are overseeing the process,” said Chris Gillan, vice president of business development at Gazzang. “Gazzang reduces data security exposure in hosted environments so enterprises can embrace all the benefits of cloud computing while avoiding unnecessary risks.”
Gazzang’s ezNcrypt is a “set and forget” solution for encrypting MySQL database transactions and data. The solution’s patent-pending transparent data encryption (TDE) process auto-encrypts MySQL data at rest with dual authentication keys without making changes to existing applications or databases. Of key importance to hosting providers and their customers, ezNcrypt also protects critical data from being accessed by even root-level administrators as required by many government and regulatory guidelines.
Other features include:
Unlimited encryption of MySQL databases, tables and files
Hosted Key Storage System (KSS)
Protection against system and local users
Compliance with PCI DSS, HIPAA, HITECH, FISMA and other industry-specific regulations
Scalable, pay-as-you-go-per-server subscription licensing
“Securing data in the cloud or in a hosted environment is of critical interest to the market,” said Nishan Sivathasan, director of corporate development for Rackspace. “We are excited to have Gazzang join our Cloud Tools Program and make it easy for our customers to take advantage of their offering.” ***
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Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
With this Spring 2010 Edition of the Phone System Comparison Chart quickly see differences between brands like Avaya, Mitel, Cisco, ShoreTel, 8x8, Panasonic, etc and compare over 94 phone systems by 52 brands for small to big business.