RealTime IT News

Cenzic Passes Hailstorm Security Test

Application security specialist Cenzic announced enhancements to its flagship Hailstorm enterprise software product today at the CSI Computer Security tradeshow.

Version 3.0 features a new dashboard for monitoring and managing threats to systems as well as customization for the financial services, retail and health care industries.

The application acts like a pack of hackers. It probes a company's Web-based applications for vulnerabilities that could be used to launch attacks that hobble site performance or expose sensitive customer data.

Medium-to-large enterprises find the product compelling because it performs the task faster and cheaper than IT staffers can, Mandeep Khera, a spokesman for the Santa Clara, Calif., company, told internetnews.com.

"There are 200 new application vulnerabilities every month, and that's not counting in-house applications," Khera said. "The [IT] budget's not growing fast enough [to test for all of them]."

Hailstorm is available either as a managed service or installed software, and pricing varies depending on the number of applications being tested.

Unlike many small firms, Cenzic has managed to convince large organizations to buy its product. On the market for just nine months, Hailstorm is already used by a number of high-profile clients, including Boston College and a number of large financial services firms.

There are two reasons for that, Khera said. First is that it's financially stable. The company raised $15 million in June from well-known venture capital investors. Security software maker Symantec is also an investor with a minority stake.

The privately held firm, which also has a development office near Mumbai, India, believes it will reach break-even point at the end of 2006 and is ramping up its sales and marketing efforts.

Khera said the firm is already attracting interest from large network equipment makers and security vendors who are looking to augment existing offerings to security-conscious customers.