South Financial Group Selects eIQnetworks

ACTON, Mass. -- eIQnetworks®, Inc., a global provider of next-generation security information management (SIM) solutions, today announced that The South Financial Group Inc. (NASDAQ: TSFG) has selected SecureVue™ to proactively manage security, identify threats, support audit requirements and measure program effectiveness across the enterprise.

After reviewing competitive enterprise SIM offerings, The South Financial Group chose to deploy eIQ’s SecureVue because it presents a consolidated view of operations, security, risk and compliance information. eIQ’s next-generation SIM solution will enable South Carolina’s largest publicly traded bank holding company to improve efficiency, reduce costs and eliminate management complexity by replacing multiple point products with one unified platform.

“Protecting customer privacy and complying with regulations like GLBA and SOX are critical to ensuring customer trust and brand loyalty,” said Barry Miller, Chief Information Security Officer at The South Financial Group. “eIQ’s SecureVue platform allows our company to reduce risk by delivering enterprise-wide insight into security and compliance requirements.”

eIQnetworks Inc.