LightCyber Selected as Finalist for RSA® Conference’s Annual Innovation Sandbox
LightCyber Magna(TM) recognized for its unique integration of network and endpoint analysis to detect and remediate enterprise network breaches
SANTA CLARA, California, February 3, 2014 /PRNewswire/ –
LightCyber Ltd. today has been named one of 10 finalists for RSA(R) Conference’s 2014
Innovation Sandbox program. On Monday, February 24, LightCyber will have the opportunity
to demonstrate its security innovation to the Innovation Sandbox panel of judges for a
chance to be named “Most Innovative Company at RSA Conference 2014″.
Innovation Sandbox promotes new approaches to technology, provides advice and counsel
for entrepreneurs and exposes the RSA Conference community to venture capitalists,
industry experts, senior level business practitioners and thought leaders.
“Being named to the top 10 is an indicator of great things to come for our Innovation
Sandbox finalists,” said Alex Bender, General Manager of RSA Conference. “Past winners and
finalists have validated this honor through growth, acquisitions and funding. We expect
similar results for the 2014 group and look forward to watching these organizations
continue to succeed for years to come.”
LightCyber Magna(TM) analyzes internal network traffic using Deep Packet Inspection,
profiling and understanding the behavior of all users, devices and applications inside the
network. By detecting compromised computers and stolen credentials early in the lifecycle
of a persistent targeted attack, Magna enables users to rapidly remediate breaches and
stop attacks before serious damage is done. In December 2013, Magna detected breaches from
unknown Bitcoin mining malware that was distributed through Yahoo! Ad servers some four
days before the campaign became widely known, proving the system’s superiority in
detecting and containing breaches from unknown malware.
“Information security practitioners around the world understand their networks are
likely to be compromised at some point by a persistent targeted attack. What they’re
lacking is a practical solution to detect and remediate these breaches and regain control
of their networks,” said Giora Engel, Founder and VP Product & Strategy for LightCyber.
“Magna is already deployed in customer networks around the globe, and delivering accurate
and actionable breach indications on a daily basis, with an extremely low false positive
rate. We are honored by the recognition from the Innovation Sandbox program, and look
forward to demonstrating our innovation and competing for the ‘Most Innovative Company at
RSA Conference 2014′ title later this month,” he concluded.
The “Most Innovative Company at RSA Conference 2014″ winner will be determined at the
conclusion of Innovation Sandbox, after each finalist gives a short presentation to a
panel of judges that includes Asheen Chandna, Partner at Greylock Partners; Gerhard
Eschelbeck, Chief Technology Officer and Senior Vice President of Sophos; Alastair
Goldfisher, Editor of Venture Capital Journal; George Hoyem, Investment Partner at
In-Q-Tel; Paul Kocher, President of Cryptography Research; and Katie Moussouris, Senior
Security Strategist Lead at Microsoft.
Additional information about the “Most Innovative Company at RSA Conference 2014″
contest and Innovation Sandbox program can be found at:
LightCyber is a leading provider of advanced breach detection solutions that protect
organizations from targeted threats and cyber-attacks. LightCyber Magna(TM) is the first
product to analyze both network traffic and endpoint information to understand the
behavior of users, devices and applications and to detect compromised computers and stolen
credentials early in the attack lifecycle, allowing users to remediate breaches and stop
attacks before the damage is done. Founded in 2011 and led by world-class cyber security
experts and a seasoned management team, the company’s products have been successfully
deployed by top-tier customers in the financial, legal, telecom, government, media and
technology sectors. For more information, please visit http://www.lightcyber.com.
About RSA Conference
RSA Conference helps drive the global information security agenda with annual events
in the U.S., Europe, and Asia. Since 1991, RSA Conference consistently attracts the best
and brightest in the field, creating opportunities to learn about information security’s
most important issues through face-to-face and online interactions with peers, luminaries
and emerging and established companies. As information security professionals work to stay
ahead of ever-changing security threats and trends, they turn to RSA Conference for a
360-degree view of the industry. RSA Conference seeks to arm participants with the
knowledge they need to remain at the forefront of the information security business. More
information on events, online programming and the most up-to-date news pertaining to the
information security industry can be found at http://www.rsaconference.com.
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Media Contact(s): Giora Engel +1-(201)984-1969 firstname.lastname@example.org
SOURCE LightCyber Ltd.