FFIEC News

Compliance Management Solutions Provider AmbironTrustWave Acquires One-SEC

(Aug 29, 2007)-- AmbironTrustWave,  provider of data security and compliance management solutions worldwide, has acquired London-based One-SEC Ltd. (One-SEC), provider of Payment Card Industry Data Security Standard (PCI DSS) compliance solutions for businesses and organizations in Europe, the Middle East and Africa (EMEA). The deal is closed, and its terms will remain confidential.

As a provider of PCI DSS compliance services in EMEA, One-SEC works closely with the card associations, acquiring banks, payment service providers, merchants, hosting providers and other entities involved in payment card processing. The company was founded in 2004 and is a Qualified Security Assessor (QSA) and an Approved Scanning Vendor (ASV) as defined by the PCI Security Standards Council.

With the acquisition, One-SEC operations will merge with the operations of London-based AmbironTrustWave Ltd., a wholly-owned subsidiary of AmbironTrustWave. As a result of the transaction, businesses and organizations in the EMEA region will now have access to all of AmbironTrustWave Ltd.'s data security and compliance management solutions, including:

-- Compliance Management Solutions - Regulatory Compliance Manager (RCM)- PCI DSS, GLBA, FSA, SOX, ISO 27001
-- Managed Security Services
- Intrusion Detection Service/Intrusion Prevention Service
- Firewall
- Unified Threat Management (UTM)
- Network Security Monitoring (NSM)
- Secure e-mail
-- SSL Certificates
- Extended Validation SSL Certificates
- Traditional SSL Certificates

"We are excited about the talent and international capabilities that the One-SEC organization brings to our company," says Robert J. McCullen, chairman and CEO of AmbironTrustWave. "This transaction solidifies our footprint in the EMEA region and is a critical step in fulfilling our global vision and strategy."

"The acquisition will bring more resources to our clients, strengthening our data security offerings as well as other compliance solutions," says Riaan Versfeld, CEO of One-SEC. "By combining the products and services of both companies we can now offer businesses and organizations throughout the EMEA region the resources required to protect their vital business information on a 24x7 basis while complying with the latest industry and regulatory standards."

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