Damballa Honored with Frost & Sullivan 2011 New Product Innovation Award for Cyber Threat Protection

ATLANTA–(BUSINESS WIRE)–

Damballa
Inc.
, the company transforming the fight against cyber
threats
, today announced that it received the Frost Sullivan 2011
North American New Product Innovation Award in Cyber Threat Protection
for the recently released Damballa
Failsafe 5.0
.

The Frost Sullivan Best Practices Research Report evaluated available
solutions for addressing the advanced nature of today’s cyber threats.
The report states “to address this recurring concern, the Damballa
Failsafe 5.0 solution was developed to offer a higher-grade security
network protection. The solution embeds automated malware and behavioral
analysis that dramatically augment its capacity to identify and track
zero-day threats. The solution intelligently uncovers stealthy and
hidden attacks masterfully avoiding any false positive alerts. Frost
Sullivan views this solution as a novel dimension to safeguard corporate
networks.” The full report can be found at http://www.damballa.com/downloads/r_pubs/FrostSullivan-2011-Innovation-Award.pdf.

Damballa Failsafe 5.0 is the most comprehensive, purpose-built solution
for detecting and terminating hidden cyber threats in corporate
networks. Damballa Failsafe hunts for undetected threats by correlating
a variety of observed network behaviors to identify malware-infections
on any type of server or endpoint device including PCs, Macs, Unix,
iPads, smartphones and embedded systems. Damballa Failsafe 5.0 now
includes automated
malware analysis
in its advanced threat detection capabilities. The
new features inspect unknown, zero-day and targeted malware, identifying
changes the malware would make to the targeted device and the malware’s
intended communications.

“Our ability to correlate multiple behavioral indicators to rapidly and
accurately pinpoint hidden infections is unequaled in the market,” said
Stephen Newman, vice president of product management for Damballa. “Due
to the automated nature of our solution and the speed at which we detect
advanced threats, our customers are reducing the cost of their overall
detection and remediation efforts while responding quickly and
effectively to network threats as they emerge.”

About Damballa

Damballa is a pioneer in the fight against cybercrime. Damballa provides
the only network security solution that detects the remote control
communication that criminals use to breach networks to steal corporate
data and intellectual property, and conduct espionage or other
fraudulent transactions. Patent-pending solutions from Damballa protect
networks with any type of server or endpoint device including PCs, Macs,
Unix, iPads, smartphones and embedded systems. Damballa customers
include mid-size and large enterprises that represent every major
market, telecommunications and Internet service providers, universities
and government agencies. Privately held, Damballa is headquartered in
Atlanta. http://www.damballa.com

Article source: http://finance.yahoo.com/news/damballa-honored-frost-sullivan-2011-143000764.html

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