There is no question that cyberspace is a new frontline in traditional and untraditional conflict. Many nations and organizations have the ability, directly and by proxy, to target and attack critical infrastructure within the US and worldwide. The recent cyber attacks launched within China against Google and several other companies raised questions about the state of industry preparedness to help defend cyberspace.
The US government relies on commercial industry to safeguard the Internet, telecommunications, power, water, and other critical infrastructure that underpin our national economy. Elements of this infrastructure also directly support our ability to project military power worldwide. Continue reading this post…
Earlier today, CoreTrace announced a record breaking 2009. The results are further proof that CoreTrace’s award-winning BOUNCER technology continues to be one of the leading endpoint security solutions in the application whitelisting market.
Some of the highlights include:
- Eighth consecutive quarter of record growth.
- 500 percent revenue growth over 2008.
- GlobalSCAPE Inc. investment of $2.3 million. Continue reading this post…
Earlier today, GlobalSCAPE, Inc. (NYSE Amex: GSB) announced that it has entered into an investment term sheet with CoreTrace. Subject to definitive agreements, GlobalSCAPE will invest in CoreTrace in return for an equity position and a seat on the CoreTrace board of directors.
In the announcement, Jim Morris, president and CEO of GlobalSCAPE, explained part of his company’s interest in CoreTrace:
“Because malware has proliferated exponentially, traditional solutions are increasingly stressed beyond their ability to keep pace with the virus of the day. The CoreTrace whitelisting technology has tremendous potential, similar to the early days of the anti-virus market.” Continue reading this post…