Corporate Security Overview: 28 May - 4 June 2002
A number of security companies send us their company press releases, which we republish in the press section of Help Net Security. This is an overview of interesting developments in the corporate security world during the past week.

28 May 2002 - TruSecure Corporation announced that it has received the 2002 Hot 100 Award, UPSIDE’s annual award recognizing excellence and innovation among the hottest technology industry companies. UPSIDE unveils the 2002 Hot 100 Award winners in the June 2002 issue of the magazine and online at

Adam Joseph, president and CEO of TruSecure Corporation said: "This award is just further validation that 2001 was a signature year for TruSecure. We raised an impressive round of mezzanine financing during one of the toughest private equity environments in almost a decade, demonstrated significant organic growth, and completed an important strategic acquisition. The year has solidified the company as an information security bellwether."

Press release:

29 May 2002 - In the third quarter (January - March 2002) of the current fiscal year 2001/2002 Utimaco Safeware achieved a revenue of Euro 5,6 million. Due to the withdrawal of the loss-making business units Network Security and Security Modules, decided on 31 January 2002, this represents in total a decrease in revenues compared to the same period of the previous year (Euro 8,9 million). In the core business units a revenue of Euro 4,6 million was achieved in the third quarter, compared with the corresponding quarter of the previous year (Euro 4,4 million). In the first nine months of the current fiscal year the revenue in the core business increased by 13 per cent to now Euro 16,3 million (previous year: Euro 14,4 million). This development approves the concentration on the profitable core business units Personal Device Security, Digital Transaction Security and System House, which was decided in the course of the re-organisation.

Press release:

29 May 2002 - Sophos announced that the Football Association (FA) has purchased Sophos Anti-Virus to protect it against over 73,000 computer viruses, worms and Trojan horses. The FA has also chosen to install the latest addition to the Sophos product suite, Enterprise Manager, to deliver continuous updates direct from Sophos against the very latest malware threats.

Ian Dimmock, IT Support Manager at the FA said: "We were looking for true experts to ensure that the FA remains virus-free, and in Sophos we found that. All our security solutions must be highly effective and effortless to administer - we switched to Sophos because it was able to provide this and much more."

Press release:

29 May 2002 - Virus Bulletin announces that the 12th annual Virus Bulletin International Conference (VB2002) will be held at the Hyatt Regency Hotel in New Orleans, September 26-27 2002. VB2002 is the only event to focus exclusively on the threat of computer viruses and has established an unbeatable reputation as the international meeting place for anti-virus professionals.


What's the real cost of a security breach?

The majority of business decision makers admit that their organisation will suffer an information security breach and that the cost of recovery could start from around $1 million.

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