Security Information Management Systems in Financial Services

Faced with increased pressure from auditors for better logging and reporting, Stillwater National Bank and Trust Company (SNB) looked for a system that would meet its compliance needs and also provide a better view of its network activity.

SNB, a subsidiary of Southwest Bancorp Inc. headquartered in Stillwater, Okla., with 28 locations in three states, reviewed five security information management systems (SIMs) vendors. In addition to meeting auditing requirements for log management, the bank wanted a SIM that provided strong reporting capabilities and 24x7 alerting, said Laura Briscoe, vice president of information security at SNB.