WESCORP, THE NATION’S LARGEST CORPORATE CREDIT UNION,
CHOOSES BLUE LANE TO PROTECT ITS
MULTI-BILLION DOLLAR BUSINESS

 

Mitigating Operational and Security Risks the Driving Factors

 

CUPERTINO, CA, September 14, 2005 – Blue Lane™ Technologies Inc., provider of the industry’s first inline patch proxy for enterprise servers, today announced that WesCorp, the nation’s largest corporate credit union, has deployed the Blue Lane PatchPoint™ System to protect its business-critical infrastructure from the risks of unpatched software vulnerabilities and the associated potential for operational downtime resulting from vendor patches.

 

Supporting the nation’s retail credit unions, WesCorp manages over $25 billion in assets, providing financial services that ultimately affect millions of people. As such, it is necessary that WesCorp deliver a consistent service level; maintaining secure systems with maximum availability is key to achieving the mission of providing quality service to their customers. To do that, the company selected Blue Lane to help them manage the risks associated with unpatched operating system and application vulnerabilities that could negatively impact the business, affect systems availability, and the ability to service customers.

 

“When patches that affect critical infrastructure are released by vendors to mitigate vulnerabilities, often the risks associated with the rapid deployment of patches actually outweighs the potential risk of exploit by the perceived threats. Patch immediately and you risk impacting your infrastructure because of a lack of testing. Patch later and you risk being exploited. This is an untenable risk management scenario,” said Christofer Hoff, CISO at WesCorp.

 

Hoff and his team began evaluating the Blue Lane PatchPoint System several months ago and immediately recognized the strategic advantage it yielded. Hoff said, “WesCorp chose Blue Lane because it solves the patching dilemma. Instead of rapidly deploying critical patches directly on servers without the appropriate time needed to test and which often cannot be successfully recovered or restored if there is an unforeseen issue, we can simply point, click and apply the same mitigation action at the network level. If there is ever an issue, it is a matter of seconds to reverse the action and address the concern without directly impacting the asset.”

 

“The results are phenomenal; we are secure, there is no perceived difference in our customers’ experience, and we are free to then appropriately test and plan for deploying the vendor-sourced patches on our timetable, not an attacker’s. The PatchPoint System provides the same functional vulnerability mitigation in a scaleable, resilient and unobtrusive package that is simple to deploy,” he said.

 

WesCorp is initially leveraging PatchPoint to protect a range of Internet-facing applications and intends to utilize the solution throughout their network to provide the same capabilities internally.

 

“As an added benefit, the cost associated with patching is significantly reduced, freeing precious resources and allowing us to focus on other important business-enabling duties. The bottom line is that it gives us the flexibility needed to provide the business with the service level required. Blue Lane addresses the dilemma of ‘patch now or patch later’.”

 

“The selection by WesCorp to protect their servers with PatchPoint underscores the capability of the solution as well as the business benefits to WesCorp,” said Jeff Palmer, president and CEO of Blue Lane. “We are gratified that our system is solving a major problem and allowing them to, in turn, provide a consistent level of service to their customers.”

 

About WesCorp

Established in 1969, WesCorp is Western Corporate Federal Credit Union-America’s largest corporate credit union. As a financial-services cooperative with approximately $25 billion in assets and more than 1,000 member/owner credit unions located throughout the United States and Guam, WesCorp operates under authorities granted by The National Credit Union Administration. WesCorp serves its credit union membership through an array of investment, credit, payment, funds-transfer, and settlement solutions supported by a variety of educational conferences, publications and webcasts. Headquartered in San Dimas, California, WesCorp also provides member service through offices in Boise, Idaho; Honolulu, Hawaii; Salt Lake City, Utah; San Leandro, California; and Seattle and Spokane, Washington. Visit www.WesCorp.org for more information.

 

About Blue Lane Technologies Inc.

Blue Lane provides the industry’s first inline patch proxy for enterprise servers that fixes application-specific vulnerabilities at the root cause by checking for the same conditions and applying the same corrective action as the software vendor security patch. Solving the dilemma of “patch now or patchlater,” PatchPoint instantly secures critical applications and preserves the uptime of the business while eliminating the cost and risks associated with unscheduled patching. Founded in 2002, Blue Lane is headquartered in Cupertino, California. For more information, contact the company at www.bluelane.com.