- RSA Conference Represents First Public Appearance for Company
- New Company Tackles All Dimensions of Internal Security Threats
Impacting Fortune 500 Companies
- Sophisticated Technology Identifies Accidental And Intentional
Disclosures of Classified Information
SAN FRANCISCO/RSA CONFERENCE 2004, Feb. 24 /PRNewswire/ -- Reconnex, a
newly launched enterprise security company pioneering the development of high
performance security appliances designed to prevent disclosures of
confidential information, will make its first public appearance at this week's
RSA Security Conference in booth #543. The Silicon Valley company, funded by
Norwest Venture Partners and Outlook Ventures, will today unveil a high
performance security solution designed with the speed, accuracy and
scalability required to prevent accidental, as well as intentional disclosures
of confidential information that occur over corporate networks to ensure that
these types of network communications are no longer a threat to Fortune 500
companies.
"The need to protect the flow of confidential information over the
corporate network is well known, but the technology available to date has been
extremely limited. Our goal is to deliver a security product that will solve
the business problems that keep CEOs up at night," said Donald Massaro,
Reconnex's president and CEO, and proven entrepreneur with a successful
start-up company track record in the Valley. "Just this month, portions of
Microsoft's source code were leaked putting them in an incredibly vulnerable
position. While access to this source code is a threat, Microsoft is now
investigating to find out how much of the code had been leaked, when the leak
occurred and how many people might have gained access to it. The solutions
we're offering help combat such internal threats that cost businesses billions
of dollars each year. Companies now have the ability to see the confidential
information their employees are viewing, creating and sending outside the
corporate network, so they can stop disclosures before it's too late; and have
the legally binding evidence to prosecute if necessary. CSOs are more
effective, and confidential information and businesses are more protected."
Reconnex gives businesses the ability to see all information traveling
over the network and can detect and provide alerts -- in real-time -- when
confidential and classified information is communicated in violation of a
company policy. Reconnex identifies with accuracy when security disclosures
have occurred, what information has left the corporate network, where the
violation originated and which parties outside the network received the
information in question. For criminal violations, such as acts of cyber
terrorism and industrial espionage -- like source code leaks. Reconnex
ultimately delivers legally binding evidence that tells companies the "who,
what, when and where" and can be used in a court of law.
"There are a number of factors we look for when choosing a company to fund
and Reconnex truly fit the bill by understanding the new era of security
concerns facing Fortune 500 companies and our nation," said Mathew D. Howard,
principal, Norwest Venture Partners. "Not only did the founders show passion,
vision and experience in enterprise security, but we saw a management team
capable of executing in a marketplace with tremendous opportunity and a
technology capable of making an incredible impact. Solutions focusing on
internal security breaches have thus far been limited in their functionality,
usability and visibility into the network. Reconnex is well positioned to
save corporations and our national economy from the devastating consequences
of industrial espionage and cyber terrorism."
Today, no solution exists which can be deployed throughout an enterprise
with the scalability, speed and accuracy necessary to see and prevent
confidential company information leaking from inside the network out. While
most solutions focus on the external threats to the corporate network, few
solutions are sophisticated enough to be deployed inside the network and focus
on all dimensions of the internal threat by distinguishing between good
employees who make honest mistakes, and those set on personal gain at the
expense of the company or worse -- using a corporate network in the interest
of sabotaging national security.
For example, the sophisticated nature of their flagship product, the
Reconnex G2 Content Analyzer, allows it to detect steganography -- the
practice of embedding secret messages inside any digital media, such as
digital photos or audio files. Digital media files with hidden secret messages
using steganography appear normal to the common observer and it is nearly
impossible to suspect that anything unusual is taking place. By providing the
first hardware-based product with enough processing capability to detect
steganographic messages sent over high-speed networks, enterprises have the
ability to stop the most insidious form of industrial espionage and government
agencies have a commercial product capable of uncovering secret methods of
communications used by terrorist organizations.
"Government agencies and vertical industries like financial services,
healthcare, and pharmaceuticals are not only heavily regulated but they have a
business need to protect sensitive and confidential information such as
patient and credit card information," said Phebe Waterfield, analyst, Security
Services & Solutions Group at the Yankee Group. "Technologies like Reconnex
reduce business risks. The industry needs a solution that can be
realistically deployed, easy to use and reliable in protecting confidential
company information. Reconnex's solution looks promising and makes it a
company to watch in 2004."
The Reconnex Team of Security Experts
Reconnex CEO Massaro is a seasoned entrepreneur who has over 30 years of
experience in founding and leading multiple Silicon Valley companies. Two of
his previous start-ups were acquired by Xerox and IBM respectively. The
company's other founders, Chief Operating Officer and Chief Technical Officer
Dr. Ratinder Paul Singh Ahuja, and Director of Marketing Kimberly Getgen, are
executives from established market leading companies like RSA Security, Cisco,
Symantec and Computer Associates. They are known in the Valley for their
experience and leadership in developing security and high-speed
content/network switching technologies
About Reconnex
Founded in May 2003, Reconnex safeguards confidential information and
reinforces the trust companies have in employees. The company has pioneered
the development of high performance, hardware accelerated security appliances
designed to prevent accidental and intentional disclosures of confidential
information with the accuracy and scalability needed for enterprise
deployments. Reconnex solutions give business line managers the unprecedented
ability to see and control confidential information before it leaves the
corporate network. Reconnex products are deployable in minutes with zero
impact to business workflow. Intuitive Trusted Virtual Views allow different
departments like legal, compliance, finance, sales and HR departments to track
high-valued and sensitive information over the corporate network. Reconnex is
an important part of any company's compliance strategy with high-profile
regulations such as GLBA, Sarbanes Oxley, and HIPAA. For more information,
visit us on the web at http://www.reconnex.net or call 1-866-940-4590.
CONTACT:
Nadia Jamshidi
McGrath/Power Public Relations,
408-727-0351
nadiaj@mcgrathpower.com
SOURCE Reconnex
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Related links:
http://www.reconnex.net
CONTACT:
Nadia Jamshidi of McGrath/Power Public
Relations, +1-408-727-0351, or nadiaj@mcgrathpower.com, for
Reconnex
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