Damballa Honored with Frost & Sullivan 2011 New Product Innovation Award for Cyber Threat Protection

ATLANTA – February 20, 2012 – Damballa Inc., the company transforming the fight against cyber threats, today announced that it received the Frost & Sullivan 2011 North American New Product Innovation Award in Cyber Threat Protection for the recently released Damballa Failsafe 5.0.

The Frost & Sullivan Best Practices Research Report evaluated available solutions for addressing the advanced nature of today’s cyber threats. The report states “to address this recurring concern, the Damballa Failsafe 5.0 solution was developed to offer a higher-grade security network protection. The solution embeds automated malware and behavioral analysis that dramatically augment its capacity to identify and track zero-day threats. The solution intelligently uncovers stealthy and hidden attacks masterfully avoiding any false positive alerts. Frost & Sullivan views this solution as a novel dimension to safeguard corporate networks.” The full report can be found at http://www.damballa.com/downloads/r_pubs/Frost&Sullivan-2011-Innovation-Award.pdf

Damballa Failsafe 5.0 is the most comprehensive, purpose-built solution for detecting and terminating hidden cyber threats in corporate networks. Damballa Failsafe hunts for undetected threats by correlating a variety of observed network behaviors to identify malware-infections on any type of server or endpoint device including PCs, Macs, Unix, iPads, smartphones and embedded systems. Damballa Failsafe 5.0 now includes automated malware analysis in its advanced threat detection capabilities. The new features inspect unknown, zero-day and targeted malware, identifying changes the malware would make to the targeted device and the malware’s intended communications.

“Our ability to correlate multiple behavioral indicators to rapidly and accurately pinpoint hidden infections is unequaled in the market,” said Stephen Newman, vice president of product management for Damballa. “Due to the automated nature of our solution and the speed at which we detect advanced threats our customers are reducing the cost of their overall detection and remediation efforts while responding quickly and effectively to network threats as they emerge.”

About Damballa

Damballa is a pioneer in the fight against cybercrime. Damballa provides the only network security solution that detects the remote control communication that criminals use to breach networks to steal corporate data and intellectual property, and conduct espionage or other fraudulent transactions. Patent-pending solutions from Damballa protect networks with any type of server or endpoint device including PCs, Macs, Unix, iPads, smartphones and embedded systems. Damballa customers include mid-size and large enterprises that represent every major market, telecommunications and Internet service providers, universities, and government agencies. Privately held, Damballa is headquartered in Atlanta. http://www.damballa.com

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