Award-Winning SIEM Solutions Driving Momentum in Public and Private Sectors
-- 85 percent year-over-year revenue growth in 2009 and more than 90 percent average annual revenue growth over the last four years. -- Continued investments in growth initiatives, including expansion of sales, marketing and research and development staffs, while achieving positive cash flow results for the second half of the year. -- 60 percent increase in authorized channel partners, with channels delivering 60 percent of 2009 sales. -- A strong surge in the U.S. federal government sector, powered by the first SIEM to earn FIPS 140-2, Level 2 validation and the only SIEM vendor to also achieve Common Criteria EAL3+ Certification. -- Dramatic customer growth in enterprise markets such as energy, financial services, manufacturing, healthcare, retail, higher education, consulting and government, highlighted by Consumers Energy, First Citizens Bank, Administaff, Salt Lake County, Central Washington University, Furman University and Yodlee. -- Introduction of industry-first integrations of application data monitoring, database activity monitoring and log management with the market's highest-performing SIEM. -- Industry endorsement including NitroView being named a "Top 20 Product of the Last 20 Years" by SC Magazine. NitroSecurity was also recognized as an Industry Innovator by SC Magazine for the third year running and was a finalist in Government Security News' First Annual Homeland Security Awards."As we evaluated SIEM solutions for our environment, we wanted to be able to address the new wave of sophisticated attacks emanating from databases and applications," said Mark L. Evans, Information Security Manager of Salt Lake County. "Only NitroSecurity's NitroView had the level of performance and integrated capabilities needed to handle and correlate the enormous volume of data that's becoming the new baseline for security operations in near real-time." Industry's Fastest SIEM Accelerates Adoption and Growth Despite the decline in overall IT and network technology spending, security spending remains strong. Security teams are being tasked to do more with tighter budgets and reduced staff, in the face of a rapidly expanding and evolving threat landscape. As a result, customer demand for solutions that help manage and make sense of the deluge of risk and threat information is expanding exponentially. With a unique ability to improve real-time security and address compliance requirements, NitroSecurity is the SIEM solution provider of choice, with average annual revenue growth in excess of 90 percent over the last four years. These results are even more impressive when evaluated against a backdrop of the most challenging economy in recent history. NitroSecurity experienced dramatic growth in both Federal and state/local government sectors, including the Department of Defense. As government mandates to improve security at all levels remain top priorities, the company is increasingly pursued as the SIEM go-to partner because it is the only vendor in the market with the highest levels of certifications -- FIPS 140-2 Level 2 and Common Criteria EAL3+. The company also introduced the new NitroGuard 5400 IPS to satisfy the 10 gigabit interface requirements of ever-expanding government networks. "We appreciate the trust that our customers have placed in our people and technology," said Ken Levine, CEO, NitroSecurity. "We look forward to working collaboratively with these sophisticated security teams to address the ever-evolving threat and compliance landscape." Content and Compliance are King With growing attack sophistication, new targets such as PDFs and social networks, global criminal organizations and less room for regulatory error or oversight, the challenge of identifying and responding to threats has never been more urgent, and the threat landscape has never been bigger. In 2009, NitroSecurity advanced the state-of-the-art in SIEM solutions with first-to-market capabilities in two major areas:
-- Content-Awareness -- NitroSecurity delivered two products to market that dramatically increase customer visibility, and extend security and compliance context to prevent data loss. The release of the NitroView Application Data Monitor (ADM) enables real-time security management with full visibility into applications -- including header information, content and attachments -- to determine when applications are being used outside of acceptable policies or for fraudulent and malicious purposes. The company also delivered the new NitroView Enterprise Security Manager X5 appliance for extremely large or high-capacity networks, delivering a ten-fold jump in performance to support uncompressed collection rates of up to 100,000 events and flows per second. -- Compliance and Real-time Security Response -- In 2009, NitroSecurity also closed the widening gap between compliance and threat response. With the introduction of NitroView Enterprise Log Manager (ELM) and NitroView Database Activity Monitor (DAM), and both products' integration with NitroView ESM, the company provides customers with the deepest SIEM integration in the market. As a result, organizations can greatly improve IT security efficiencies and strengthen regulatory compliance -- including correlating database activity with logs, events, flows and user identity -- while reducing post-event analysis and forensics from hours to seconds.For more information visit http://www.nitrosecurity.com or call 888-LOG-SIEM.
Contact Information: Contact: Bryan Grillo CHEN PR, Inc. 781-672-3129