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Milliman Introduces Security Management System

Customizable System Enables Affordable Compliance with Government Security Mandates including Sarbanes-Oxley, HIPAA and others

SEATTLE, May 8 /PRNewswire/ -- Milliman, the international firm of consultants and actuaries, today announced the introduction of the Milliman Security Management System (MS2.) The Web-based system offers a practical, scaleable and customizable solution to compliance with government security mandates including Sarbanes-Oxley, HIPAA, FFIEC, GLBA and European Union requirements. MS2 also provides clients with a platform and tools for guarding the confidentiality of sensitive data and dealing with the growing threat of identity theft.

"Despite significant investments in security, many companies still lack consistent regulatory compliance controls throughout their organizations," said John Phelan, Ph.D., manager of MS2. "This is especially true in an age of geographically diverse business units where acquisitions and outsourcing have become commonplace," Phelan added.

Milliman's MS2 provides a sensible and cost-effective approach to enterprise-wide security and to compliance with multiple security regulations. MS2 encompasses administrative, physical and technical safeguards and includes turnkey administrative, reporting and document management tools. In addition, MS2 incorporates and supports generally accepted security protocols that include ISO, NIST and CobiT.

For further information contact your Milliman consultant or visit the Milliman Security Management System website at http://www.milliman.com/ms2

Milliman, whose corporate offices are in Seattle, serves the full spectrum of business, financial, government and union organizations. Founded in 1947 as Milliman & Robertson, the company has 31 offices in the United States as well as offices in Bermuda, Hong Kong, London, Madrid, Mexico City, Milan, Munich, New Delhi, Sao Paulo, Seoul, Tokyo and Warsaw. Milliman employs approximately 1,900 people, including a professional staff of more than 850 qualified consultants and actuaries. The firm has consulting practices in employee benefits, healthcare, life insurance/financial services, and property & casualty insurance. It is a founding member of Milliman Global, an international organization of consulting firms serving insurance, employee benefits and healthcare clients worldwide.

Milliman

CONTACT: John L. Phelan, Ph.D. of Milliman, +1-818-707-7818,
[email protected]

Web site: http://www.milliman.com/ms2

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