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Tag Archives: HTS

Vimicro to Participate in Upcoming Investor Event

BEIJING, August 28, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in China, today announced that the Company will participate...

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Wynyard and New Zealand Police Announce Ground-breaking Partnership to Help Prevent Crime

SYDNEY, Aug. 28, 2014 /PRNewswire/ -- Wynyard Group, a market leader in advanced crime analytics software and services, today welcomed the New Zealand Police as a long term partner in its Crime Science Research Institute (CSRI).

The partnership further supports the New Zealand Police's continuous improvement programme which uses crime research and problem orientated policing to better understand the criminal environment and to prevent crime and protect the public from harm.

The New Zealand Police will join the prestigious University College of London (UCL) Jill Dando Institute of Security and Crime Science, University of Canterbury and a Wynyard research team to design world-leading products and services that will help modernise crime prevention and policing in New Zealand and other countries. More academic, crime prevention and technology partners are expected to join in the future.

In welcoming this announcement Police Commissioner, Mike Bush, said the CSRI aims to bring together crime science research, operational know-how and advanced technology with one single-minded objective; preventing crime.

"New Zealand Police's prevention strategies deliver better, more cost effective front-line services through the effective use of new technology.  Our participation in this innovative new research and development centre is another signal of our intention to be the world's most effective mobile and visible police service with high levels of public trust and confidence. Crime science research, combined with our major investment in mobile technology, will be a useful addition to our national Prevention First operating strategy."

The research and development conducted in the CSRI will initially focus on operationalising local and international crime science research, with a focus on crime prediction and forecasting to better manage the wider criminal environment.  Persons of interest models underpinned by new technology when combined with crime prediction and forecasting creates a powerful crime prevention tool which can be used to monitor potential offenders and protect potential victims.

The Deputy Chief Executive: Strategy for New Zealand Police, Mark Evans, said: "We know that crime tends to be concentrated in particular locations, and also that 6% of the population suffer 54% of all crime. The identification of these crime patterns means that Police can ensure we have more of the right staff, in the right places at the right times."

Wynyard invests more than $15 million in research and development each year and is investigating plans to relocate its CSRI to a new, state-of-the-art facility in Christchurch to be close to the city's new Justice Precinct and New Zealand Police operations. The facility will become home to the 24 staff Wynyard has assigned to the CSRI, new PhD students the company will engage through the Callaghan Innovation R&D Student Grants Scheme and Wynyard's 60 engineers and developers.

Craig Richardson, Wynyard Managing Director said: "This partnership ticks a lot of boxes. It is focused on solving real crime problems and delivering real outcomes and safer communities. It creates high value jobs that will be highly sought after by the best science and engineering students in the world. It brings together the power of universities, forward thinking government agencies and technology companies to develop highly valuable solutions for use in New Zealand and export to other countries. It also sends a strong message that our industry and government believe in Christchurch as an R&D centre for advanced technology."

Wynyard has developed game-changing products used by police services and governments around the world and the company sees opportunities to further extend technology and operational models developed together with the New Zealand Police for consumption in global markets. 

"This is not some No.8 wire initiative. There is real opportunity here. We have access to some of the best research, crime prevention expertise and advanced technology in the world. I've been told by both U.S. and British experts there is nowhere else in the world this could be done," said Richardson.

Wynyard Group is a market leader in critical threat assessment and advanced crime analytics software for government, financial services and critical national infrastructure. Wynyard's powerful software helps assess threats, surface hidden relationships give new meaning to events and identify people of interest. Customers include Fortune 500 companies and leading government security agencies.

https://www.wynyardgroup.com/en/crime-science-research-institute/

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City of London Police and Kaspersky Lab Lead the Way in Combatting Fraud

-- Kaspersky Lab joins forces with City of London Police to educate police forces and businesses across Britain on ways to tackle cybercrime

LONDON, Aug. 28, 2014 /PRNewswire/ -- Cybercrime plays a huge part in fraud offence numbers today, with seven out of ten scams now internet-related, according to the National Fraud Intelligence Bureau. The complex and alien nature of such crimes, however, means that they are not only difficult to combat, but also to detect and understand. To help tackle the rise in cybercrime, City of London Police has enlisted internet security experts, Kaspersky Lab, to train its police officers at all levels on these ever-growing threats. This innovative training program, the first of its kind with UK law enforcement, will provide them with the skills and knowledge to identify and resolve these crimes -- from an individual victim encountering fraud during an online shopping-spree to a business losing thousands of pounds from a targeted attack. 

The scheme will extend into further services and large enterprises across the UK, aiming to upskill UK industry on ways to protect themselves against cyber-attacks. Coupled with theoretical knowledge, the week-long training program allows for a real hands-on experience, teaching vital skills such as inspecting network traffic, analysing hard-drive images and decompiling malicious software using specialised training tools and methodology developed by Kaspersky Lab. The training will also address the need for businesses to improve fraud reporting, to ensure police services and security agencies have a clear view of the issue.

The first of these programs was attended and successfully completed by the National Fraud Intelligence Bureau in February this year. While the course places emphasis on threats that are aimed at financial organisations and government bodies, which are the top targets for online fraud in the UK, the skills learnt by attendees will also be applicable when combatting the cyber threats the general public face.

"As the complexity of cybercrime constantly increases, it's imperative that the service's knowledge of such threats increases at the same pace," comments David Clark, Det Chief Supt Economic Crime Directorate of the City of London Police. "With over 21,000 computer misuse crimes in the UK in the first quarter of 2014[1], it's clear that people and businesses are at risk and need protecting. The UK police service needs to be ready to identify these crimes and have the knowledge to tackle them head on. This partnership with Kaspersky Lab further underlines our role as the national policing lead for economic crime and will enhance our capability for combating fraud and cybercrime nationwide," adds David.

"It's an honor for Kaspersky Lab to use this opportunity to equip City of London Police with our extensive and predictive security intelligence," commented Veniamin Levtsov, Vice-President, Corporate Sales and Business Development. "We have already spent 17 years developing a set of powerful techniques for data acquisition and investigation of cyber-crimes, and it should become a valuable tool for the law enforcement authorities in the United Kingdom."

About City of London Police / Action Fraud

Since April 2013, Action Fraud has been responsible for recording all non-emergency fraud crime reports for police forces in England and Wales. One year on, Action Fraud now collects and transfers to the NFIB approximately 18,000 reports of fraud, 15,000 information reports and 2,000 computer misuse reports each month coming from members of the public as well as small, medium and large businesses.

The City of London Police already runs the National Fraud Intelligence Bureau (NFIB). The NFIB is the central repository for fraud and cybercrime intelligence, analysing millions of reports (including those from Action Fraud) to identify serial fraudsters, organised crime gangs and emerging and established crime threats. This intelligence is used to provide law enforcement agencies across England and Wales with the information they need to launch criminal investigations and to raise awareness across the country and in the public and private sector of the latest threats. The City of London Police is now responsible for the entire end-to-end Action Fraud and NFIB service -- with all staff located in the same office in the Square Mile.

About Kaspersky Lab

Kaspersky Lab is the world's largest privately held vendor of endpoint protection solutions. The company is ranked among the world's top four vendors of security solutions for endpoint users*. Throughout its more than 17-year history Kaspersky Lab has remained an innovator in IT security and provides effective digital security solutions for large enterprises, SMBs and consumers. Kaspersky Lab, with its holding company registered in the United Kingdom, currently operates in almost 200 countries and territories across the globe, providing protection for over 300 million users worldwide. Learn more at www.kaspersky.com.

* The company was rated fourth in the IDC rating Worldwide Endpoint Security Revenue by Vendor, 2012. The rating was published in the IDC report "Worldwide Endpoint Security 2013-2017 Forecast and 2012 Vendor Shares (IDC #242618, August 2013). The report ranked software vendors according to earnings from sales of endpoint security solutions in 2012.

[1] Office of National Statistics, 2014 

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Ground Labs Appoints Industry Veteran to Accelerate European Growth

LONDON, August 27, 2014 /PRNewswire/ -- To further strengthen its well-established market presence in Europe, the Middle East, and Africa (EMEA), Ground Labs welcomes Vivian Cullen in the position of Enterprise Director in EMEA.Mr Cullen con...

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Vimicro Announces Unaudited Second-Quarter 2014 Financial Results

Second-Quarter 2014 Financial Highlights - Second-quarter revenues of $24.0 million more than doubled year-over-year, up 116.7% - Gross Margin at 37.8%, as compared to 37.5% year ov...

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Frost & Sullivan Commends LogRhythm’s Exceptional Revenue Growth in the SIEM/LM Market, Backed by Brand Performance and Technical Leadership

-- LogRhythm's product line depth is a significant differentiator and contributor to its market penetration leadership

MOUNTAIN VIEW, Calif., Aug. 26, 2014 /PRNewswire/ -- Based on its recent analysis of the security information and event management/log management (SIEM/LM) market, Frost & Sullivan recognizes LogRhythm, The Security Intelligence Company, with the 2013 Global Frost & Sullivan Award for Market Penetration Leadership. LogRhythm has demonstrated outstanding business and technical leadership, brand performance and product line depth to increase revenue by 40 percent year over year, which is much higher than the market average in the $1.16 billion global SIEM/LM market.

Click here for the full multimedia experience - http://bit.ly/1nYjZYa

Even in a mature market characterized by strong competition from 28 vendors, LogRhythm has acquired new accounts due to the depth of its solutions. Its excellent product portfolio and services have enabled it to displace incumbents and win new SIEM/LM deployments business, giving a huge boost to its brand performance.

"LogRhythm has also demonstrated technical leadership in retaining its SIEM/LM market penetration leadership," said Michael Suby, vice president of research at Frost & Sullivan. "The company is successfully winning business due to its high-performance log management, feature-rich SIEM reporting, and high-powered security analytics."

Frost & Sullivan has also observed that LogRhythm has gained the upper ground in messaging and positioning. Among privately held vendors, LogRhythm has been successful in leveraging high-performance log management to penetrate accounts by satisfying compliance and security requirements.

"Furthermore, LogRhythm's product line extends to robust SIEM functionality to streamline security management and threat detection," noted Suby. "It also offers security analytics that directly assist in optimizing security operations -- an important attribute in the context of the widening responsibilities security organizations have."

Overall, LogRhythm has strategically utilized its deep product line to provide security information and event management functionalities to win new accounts and retain its top spot in the SIEM/LM market.

"Frost & Sullivan's honor demonstrates what LogRhythm is seeing on the front lines everyday -- that organizations striving to improve their cyber threat detection and response capabilities are increasingly turning to LogRhythm to address that need," said Andy Grolnick, president and CEO of LogRhythm. "We're focused on solving real customer challenges as the leader in next generation security intelligence, and this award is further evidence that we're succeeding in that mission."

Each year, Frost & Sullivan presents this award to a company that has demonstrated excellence in capturing the fastest measured rate of change of market share within its industry. This Award recognizes how fast a company increases its penetration of a market, in terms of revenue.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About LogRhythm

LogRhythm is the largest and fastest growing independent security intelligence company in the world. The company's patented and award-winning Security Intelligence Platform, unifying SIEM, log management, network forensics, host forensics and advanced security analytics, empowers organizations around the globe to detect and respond to breaches and the most sophisticated cyber threats of today, faster and with greater accuracy than ever before. LogRhythm also provides unparalleled compliance automation and assurance as well as IT intelligence to Global 2000 organizations, government agencies and mid-sized businesses worldwide.

LogRhythm has been consistently recognized as a market leader, including being positioned as a Leader in Gartner's SIEM Magic Quadrant report for three years running, being named a "Champion" in Info-Tech Research Group's 2014-15 SIEM Vendor Landscape report, being ranked Best-in-Class (No. 1) in DCIG's 2014-15 SIEM Appliance Buyer's Guide, and receiving Frost & Sullivan's SIEM Global Market Penetration Leadership Award. It has also been named a Top Workplace by the Denver Post. LogRhythm is headquartered in Boulder, Colo., with operations throughout North and South America, Europe and the Asia Pacific region.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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Frost & Sullivan Contact:

LogRhythm Media Contact:

Mireya Espinoza

Lesley Sullivan

P: 210. 247.3870

MSLGROUP

F: 210.348.1003

781-684-0770

E: mireya.espinoza@frost.com

LogRhythm@mslgroup.com

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Qihoo 360 Reports Second Quarter 2014 Unaudited Financial Results

BEIJING, August 25, 2014 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today reported its unaudited financial results for the second quarter ended June 30, 201...

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