"Leading financial institutions around the globe rely on SafeBoot to secure data on every mobile device associated with their entire organization -- from one central management center and with full auditing capabilities. The BITS Tested Mark ensures these organizations that SafeBoot meets the stringent standards set forth by the BITS organization," said SafeBoot CEO Gerhard Watzinger. "SafeBoot features two-way communication between IT security staff and end-user devices to record protection settings in order to demonstrate, unequivocally, that a device was encrypted at the time it was lost or stolen -- nobody wants to send that letter out to its customers announcing a possible data loss," added Watzinger.

BITS, the business strategy and technology group for The Financial Services Roundtable, was formed by the CEOs of 100 of the largest financial institutions in the U.S. The BITS Product Certification Program was established to improve the safety and soundness of the products used by leading financial institutions and to help them make informed technology decisions. To earn the BITS Tested Mark, products undergo a rigorous evaluation process by independent, third-party testing facilities to assure conformance to the program's security criteria.

"The security of customer information is a top priority for financial institutions nationwide. The BITS certification process is a consistent and objective methodology for evaluating and testing security standards, and is an important tool that helps financial institutions meet their objectives," said Eric Guerrino, Managing Director for Information Security at The Bank of New York and Chairman of the BITS Lab Governance Committee.

"The financial services industry is a leader in promoting software security. Software security is a cornerstone for the safety, soundness, and privacy of financial services," said Catherine A. Allen, CEO of BITS. "We commend SafeBoot for its demonstrated leadership by its successful efforts to obtain the BITS Tested Mark."