afb Application Services AG gives the all-clear on the Glibc library vulnerability

Munich, 17th February 2016 – afb Application Services AG (afb), a leading European full-service provider for the optimisation of financing business of banks and leasing companies, today announced that after the installation of a security update the systems outsourced to afb were no longer affected by the vulnerability in the Glibc library that became apparent today.

As can be seen in announcements made today, the serious vulnerability in the Glibc library which is used in almost all Linux systems allows malicious code to be executed. Immediately after this vulnerability became known afb's IT specialists commenced installing the latest security update, thus ensuring the security of customer´ systems outsourced to afb. However, afb points out that other systems which are not hosted by afb could be affected and that appropriate countermeasures should be taken.

afb's Service Management is responsible for the security of data and systems, amongst other items. It arranges for regular system updates by installing security updates as well as monitoring availability, continuity, capacities and security in addition to initiating any necessary actions.

Stephan Kiessling, afb's Manager System Administration, explained, "afb has high-performance data centres which meet the most stringent requirements for security and system stability; afb also has a highly motivated team of IT specialists. Thanks to a secure configuration and seamless monitoring, our systems are no longer vulnerable to this security bug. 90 percent of our customers have outsourced their infrastructure operations to us and can rest easy security has top priority for us.

For more information on the vulnerability please go to:
https://googleonlinesecurity.blogspot.de/2016/02/cve-2015-7547-glibc-getaddrinfo-stack.html

About afb Application Services AG

Based in Munich, afb Application Services AG has been optimising the financing operation of banks and leasing companies since 1995. A full-service provider, afb offers a customer- and project-specific mix of process, specialist and IT consulting, projects based on the afb Credit Management Solution, application and infrastructure management, business process management and outsourcing. Its innovative solutions enable companies to automate the entire credit process – from quotation to application with fully automated credit decisions and processing, through to contract management. Well-known companies from the financial services sector make use of the solutions offered by afb internationally to generate a significant percentage of their turnover.

To find out more, please visit www.afb.de

Inquiries
afb Application Services AG
Sylvia Hengstler
Senior Marketing
Tel: +49 (89)78000-353
presse@afb.de