Saudi Arabia-based Al Falak, Electronic Equipment and Supplies Company has joined hands with CorreLog, a leader in multi-platform IT security event management, to provide solutions to the banking sector in the kingdom.

As per the deal, the duo will offer software systems and automation solutions to the financial sector, through the CorreLog Server application via subscription delivered from the cloud, said a statement from Al Falak.
 
An US-based company, CorreLog said its flagship product the CorreLog Server delivers log management and event log correlation with automated help-desk ticketing and reporting functions into a standard web browser, it added.

The CorreLog Server provides a means to better understand user or system behavior related to security threats. The unique correlation engine collects relevant data in the form of syslog messages and looks for behavioral patterns that are outside normal user or system activity, and issues real-time alerts via help-desk tickets when a threat is detected, said the company in a statement.

The server can manage data within compliance standards set forth by the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley and other industry standards, it said.

The CorreLog Server is capable of processing more than 2,000 syslog messages per second and can handle burst traffic of more than 10,000 messages per second, while consuming minimal system resources.
 
The server operates across Windows, UNIX, Linux, IBM z/OS and Linux on IBM System platforms, it added. – TradeArabia News Service