Alert Logic
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[edit] Company background
Alert Logic, a provider of hosted IT network security, was founded in 2002 by Misha Govhshteyn and Matthew Harkrider and is based in Houston, Texas.
President and CEO Michael Turner joined Alert Logic in early 2007. Co-Founder Misha Govshteyn is chief technology officer.
Alert Logic uses a Software as a Service (SaaS) platform to deliver IT network intrusion protection, vulnerability assessment and improved IT compliance for mid-sized businesses and institutions.[1].
Alert Logic is a privately-held corporation. In August 2006, Dallas-based Hunt Ventures LP led a $5 million round of Series B funding for Alert Logic, which included participation from three other investors: DFJ Mercury of Houston, OCA Venture Partners LLC of Chicago and Denver-based Access Venture Partners.[2]
Alert Logic provides protection against Internet computer worms, Trojan horse (computing) programs, Botnets and other IT security threats that can make their way past firewalls. Research has shown that firewalls are not by themselves sufficient to detect or eliminate all network threats. [3].
[edit] Customers
Alert Logic's customer base represents mostly midsized businesses in a variety of industries and geographies, including the energy/oil/gas, state and local government, finance, and education sectors.
With more than 200 customers across the U.S., Alert Logic is able to identify trends in network attacks against mid-sized organizations. In August 2006, Alert Logic's security lab detected a 1,000 percent increase in the number of Brute force attacks across its customers' networks. Targets of Brute force attacks are SSH, FTP and Windows networking among other services. [4]
In addition to protecting individual customer networks, Alert Logic also provides hosted network security for managed service providers and their customers. [5]
[edit] Platform overview
Alert Logic’s Threat Manager security solution consists of three layers: 1) a security operations center staffed on a full-time basis by certified security analysts who analyze and respond to security incidents on customer networks; 2) a hosted expert system that analyzes, correlates, and automatically mitigates IT security incidents and vulnerabilities, and 3) an on-premise appliance that monitors network traffic and continuously scans the network for threats and vulnerabilities.
Alert Logic’s reporting capabilities provide midsized companies with improved documentation and overall IT compliance to policies and regulations. The U.S. has experienced an increase in IT network security compliance laws in recent years. Since passage of the Health Insurance Portability and Accountability Act of 1996 and 2003, the Gramm-Leach-Bliley Act of 1999, and the Sarbanes-Oxley Act of 2002, penalties for inadequate network security have increased. [6]
In April, 2007, SC Magazine awarded Alert Logic Threat Manager a "Best Buy" rating. [7]
[edit] References
1. Matt Hines, eWeek (August 2006). Midmarket Could Push Adoption of Hosted Security Model.
2. Mary Ann Azevedo, Houston Business Journal, American City Business Journals (July 2006). Security technology firms lock in fresh rounds of funding.
3. CERT (July 2003). Malicious Code Propagation and Antivirus Software Updates.
4. Linda Rosencrance, Computerworld (Aug. 2006). 'Brute force' attacks against SMBs on the rise.
5. Kevin McLaughlin, CRN (Aug. 2006). Alert Logic Courts SMB Partners For On-Demand IPS.
7. Bruce Schneier (July/Aug. 2004). Security and Compliance.
8. SC Magazine, (April 2007). Product Review: Alert Logic Threat Manager
