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What PredatorWatch Inc. has is a security monitoring device slightly bigger than the palm of your hand, providing realtime security and reporting tools to document regulatory compliance with the Gramm-Leach-Bliley Act, Federal Deposit Insurance Corp. , Health Insurance Portability and Accountability Act (HIPPA) , and others. What it doesnt have is enough solutions integrators. Thats about to change.
The $4,995 PredatorWatch Auditor product is affordable for the thousands of small and medium-size companies that cant afford a high-end security product, according to PredatorWatch Chief Executive Gary Miliefsky. And it installs in hours, not days, he said.
The main thrust of PredatorWatch Auditor is to assure regulatory compliance by testing a network — all the way to the desktop or laptop — for a wide range of known vulnerabilities. For example, financial services companies, or any institution that has financial relationships with consumers, including retail stores that issue credit cards, must comply with the regulations set forth in Gramm-Leach-Bliley. Others that must comply include law firms that handle estate planning, tax planning, residential real estate and bankruptcy with respect to individual clients.