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 UPSIDE.com.

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.

Ian Hameroff, director of anti-virus solutions at Computer Associates said: “One of the most important ways that the business technology community can protect itself against the ever-proliferating range of virus threats is by sharing information about those threats and effective counter measures. VB2002 provides an excellent forum for this kind of sharing, and we are proud to bring our extensive experience in security management to this exciting event.”

Press release:

29 May 2002 – Trend Micro, Inc. announced that Aetna Inc., has chosen Trend Micro’s award-winning antivirus solutions to assist in keeping its data virus-free, boost efficiency and increase employee productivity to better serve its customers. Aetna is using Trend Micro InterScan Messaging Security Suite to prevent email-borne virus outbreaks, insulate enterprise business and maintain network integrity. Aetna began deployment in March with estimated completion expected later this year.

Alan Pawlak, Security Manager, Aetna said: “One of Aetna’s core functions is information management. We manage a high volume of email messages daily and cannot afford downtime. Our customers rely on us to communicate in a timely and effective manner. We take a proactive approach to minimize threats and maintain productivity.”

Press release:

30 May 2002 – GFI MailSecurity, GFI’s new email security package for Exchange and SMTP servers, has been awarded anti-virus certification from ICSA Labs. The certification provides independent confirmation that GFI MailSecurity for Exchange/SMTP protects networks against email viruses.

Nick Galea, GFI CEO SAID: “The certification from ICSA Labs demonstrates that, through its combination of multiple anti-virus engines, an email exploit shield, a threats engine, and email content and attachment checking, GFI MailSecurity delivers powerful protection against email viruses and attacks.

Press release:

30 May 2002 – Network-1 Security Solutions, Inc. announced a strategic relationship with Kingnet Security Inc. The strategic relationship enables Kingnet, a leading intrusion detection system provider, to offer Network-1’s CyberwallPLUS family of security solutions to its network of resellers and distributors in China.

Kingnet CEO Oliver Zou SAID: “Enterprises in China urgently need network and information security solutions from companies who specialize in these technologies. The addition of Network-1’s CyberwallPLUS suite of intrusion prevention products to Kingnet’s other offerings greatly increases our ability to deliver robust network security solutions to our customers.”

Press release:

03 June 2002 – TruSecure Corporation announced an agreement with Pantellos, a leading supply chain services company for the utility and energy services industries, to offer managed security, assurance and certification services to the Pantellos trading community. By virtue of the alliance, more than 300 Pantellos trading parties will be offered TruSecure’s expansive roster of managed security services.

Matt Worth, director of Supply Management Services for Pantellos said: “The security risks facing companies that trade electronically are unique due to the sensitive and critical nature of the information being exchanged with trading parties.”

Press release:

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