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Dorado Introduces New Security Services

Services Protect Dorado Customers through Independent Vulnerability Auditing and Analysis

San Mateo, Calif.—October 20, 2004—Dorado Corporation, the leader in mission-critical, on-demand solutions for home lending, today announced new security services to give customers increased confidence in the protection of their Dorado business solutions. The new services offer independent vulnerability testing and risk analysis, as well as a formal security audit opinion to validate Dorado adherence to security best practices for Web-based home lending and FFIEC guidelines.

“According to recent studies by the Mortgage Bankers Association, in light of Sarbanes-Oxley, Gramm-Leach Bliley, and the USA PATRIOT Act, security is becoming increasingly important to lenders,” said Dain Ehring, CEO, Dorado. “Our goal is to become a virtual extension of a lender’s organization by providing full-service solutions for our customers. But we need to do more than deliver full service—we need to give our customers the utmost confidence in the security of our solutions. And we are putting this confidence to the test with these new security services.”

“GreenPoint Mortgage values our on-going relationship with Dorado,” said David Anderson, Senior Vice President, GreenPoint Mortgage. “Dorado supports several mission-critical applications for GreenPoint that have helped us continue to thrive in a challenging and changing environment. We’re pleased these new Dorado service elements for enhanced security and support will continue to help protect our systems investment.”

Security is an essential element of every Dorado solution. All Dorado solutions, as delivered through Dorado Managed Services, provide levels of availability, integrity, confidentiality, accountability, and quality that satisfy government guidelines for financial institutions. Dorado’s new security services provide further protection from vulnerability and give customers a deeper understanding of the effectiveness of their existing security systems.

With the new service options, Dorado coordinates with an independent security provider to deliver Vulnerability Testing or Security Assessment with Audit Opinion:

Vulnerability Testing verifies from an Internet perspective that the customer’s system is secured at the perimeter. The assessment involves a broad range of perimeter testing and risk analysis. Once testing is complete, the customer is presented with an assessment of how well the Internet-facing system adheres to security best practices for Web-based home lending and FFIEC guidelines.

Security Assessment with Audit Opinion expands upon the Vulnerability Testing by also analyzing the following elements of the Dorado solution itself:

  • Security controls implementation
  • Information security strategy
  • Monitoring and security updates

Once the assessment is complete, the customer is provided with a formal security audit opinion authored by an independent security firm. This analysis reviews the security controls as well as the implementation and management of the security elements of the Dorado solution.

Both the Vulnerability Testing and Security Assessment services are available immediately.

Dorado Corporation

Dorado Corporation is the leader in mission-critical, on-demand solutions for home lending. Today Dorado’s innovative solutions enable more than 130,000 lending professionals to increase efficiency and productivity at the point of sale. The solutions also drive cross-sell/up-sell opportunities by increasing workflow flexibility and simplifying technology integrations for leading lenders such as Chase Manhattan Mortgage Corporation, Citi, Countrywide Home Loans, and Washington Mutual. www.dorado.com

Press contact:
Melinda Mattei
Dorado Corporation
650-227-7329

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