news server and the individual, because of its ‘analogue signature’ technology. The breakthrough came from “some very bright people,” and hard work, “Give a techie a challenge and they’ll work around the clock,” explained Fiona Robinson, the company’s CEO. Dale explained that the technology hinged on three factors: “good efficient programming, Montgomery’s ideas and Chinese remainder theory.” The company say that the invention has been very well received in the marketplace. For further details, see www.marconi-securesystems.com
COMPANY NEWS
Buchanan to provide security blanket There is a new security consultancy on the block. Glasgow, Scotland based Buchanan have moved from the computer forensics field into the more proactive, attack prevention space. Charles Robinson, MD of Buchcanan said, “The perception of Buchanan is fairly onedimensional — a company that catches Internet criminals.” He feels that the expertise that the company has puts it in a unique position to prevent the crimes that it was formerly involved in solving. A company spokeswoman told us, “the company helped crack the Melissa virus…It has recently been involved in ‘ghosting systems’ for a legal firm to recreate criminal hacks to trace and track where hacks
4
come from and go to.” Impressive credentials. Buchanan’s vision is one of a ‘security blanket’, an end-to-end audit, consultancy and bespoke technology implementation service. Their philosophy is that security is only as good as the weakest link in that security system. They specialize in ‘glueware’ which they describe as “a unique E-commerce integrator”. ‘Glueware’ is bespoke code that ensures that security holes are not caused by compatibility issues within a system. Robinson said, “We have always been in the security business, now we are in the business of adding the confidence, trust and integrity into E-business.” Buchanan is primarily targeting the financial services sector at the moment and is expecting rapid expansion. It has already won Unlimited’s Sexiest Business of the Year, a Scottish award, sponsored by KPMG. For further details see www. BuchananInternational.com.
Entercept secures $33 million Entercept, formerly known as ClickNet Software, has secured funding to the tune of $33 million from venture capitalists and companies including Intel and Sun Microsystems. ClickNet has also changed its name and branding, into the
Figure 1: ClickNet’s new image.
bargain (see Figure 1). The company is now Entercept Security Technologies to reflect the branding of their main product, Entercept, which is a server protection device. Iain Franklin, European vice president of Entercept, said, “The weakness is the servers themselves…we think this is the most vulnerable piece.” Brian Sutpin from Sun Microsystems said, “Protecting the server is a critical requirement for securing E-business environments.” Franklin described the technology behind Entercept as “very heavily patented”, and said that it has taken a long time to develop it. Companies such as Integralis were enlisted to try and break the system and gave up after three weeks. Cisco has purchased it for use on their own servers. The bulk of the funding has been procured from JK&B Capital who describe the security industry as a, “high growth market segment”. A spokesperson said, “Protecting enterprise and Internet servers from intruders is a necessary step in the evolution of the corporate and E-business infrastructure.” To find out more, visit www.Entercept.com.
Unisys acquires balance E-business solutions company Unisys has made a partnership with continuity firm Stonesoft Corporation. Stonesoft is a Finnish company which specializes in load balancing and continuity software. Ian Price, E-security programme director at Unisys, said, “It is often said that
security is only as good as the weakest link in the chain. Unisys wants to ensure that security does not become the weak link…Adding high availability to an organization’s Internet security systems is now a fundamental requirement.” This will, “allow for companies to focus on their core business offering, rather than the security of their E-business solution,” explained Jari Raappana of Stonesoft. For further details see www.unisys.com or www.stonesoft.com.
SCM get EMV seal of approval A financial advisory group, EMV, has granted a certificate of interoperability to SCM Microsystems. The certificate confirms that that SCM’s smartcards enable secure operations, regardless of the manufacturer of the reader or of the application used. Mladen Filipan from SCM said, “EMV Level 1 is a critical tick in the box for all vendors of security vendors.” EMV who issued the certification are a collaboration of Europay, Mastercard and Visa. The companies have teamed up in order to ensure the future of the chip based payment system. The sector is supported by uptake of new payment systems such as electronic purses. However, EMV are helping to ensure an openstandard infrastructure to augment that progress. Meanwhile, WorldPay — an online competitor to Europay — has gone a step further and declared that it will reimburse all of its customers from losses caused by fraud.