The New Israeli Standard for Information Security Will Draw on Comsec e-Sure Methodology

[InfoSec News <isn () C4I ORG>]

http://www.globes.co.il/cgi-bin/Serve_Arena/pages/English/1.3.1.9

Wednesday, Sep 6, 2000

The Standards Institute of Israel (SII) will base its new information
security standard upon the British Standard BS 7799, the most widely
recognized standard for information security management toady. To
implement this standard, the SII will draw on Israeli and
international standards as well as widely accepted implementation
methodologies for information security, including the e-Sure security
standard for e-commerce certification. E-Sure was recently launched by
the Comsec Group group (TASE: CMSC).

The new Israeli standard will address a variety of information
security related issues, from organizational and procedural matters to
technological issues. Implementation of this standard across
organizations, especially e-commerce Web sites, will involve using
Israeli and international standards, as well as existing
methodologies.

"Many organizations in Israel have expressed the need to have a common
standard on best practice for information security management," says
Ziva Patir from the Standards Institute of Israel. "The widely
increasing demand on the part of these businesses to provide them with
a comprehensive organizational solution with information security in
mind has led us to use leading professional and international
methodologies and standards," she added.

Comsec provides high-end e-business security solutions to
organizations in Israel and overseas. Founded in 1986 and
headquartered in Petach Tikva, Israel, the group operates through four
subsidiaries. Comsec is the single Israeli representative of ICSA in
the Middle East, Europe and Africa and the proprietary owner of
e-Sure. The group went public on March 2000 on the Tel Aviv Stock
Exchange (TASE) as the most over-subscribed offering recorded in the
Exchange's history, oversubscribing 11,000 times. Market
capitalization is valued at $60 million.

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