No silver bullet to fight security threats - Check Point

Wed Feb 15, 2012 5:00am IST

Related Topics

Stocks

   

(Reuters) - Internet and network security provider Check Point Software Technology warned there was no permanent fix to ward off the increasing threat from hackers and malware - a situation that will help the company thrive.

"There's a revolution in the threat landscape," Check Point president Amnon Bar-Lev told Reuters in an interview on Tuesday.

"Threats are happening everywhere from everywhere," Bar-Lev said, but added that, "one thing that has changed for good is that the level of awareness has gone up."

Defense contractors such as Lockheed Martin Corp (LMT.N) have been among the high-profile victims of cyberattacks. Others include Google Inc (GOOG.O), Citigroup Inc (C.N) and Nasdaq OMX Group Inc (NDAQ.O).

The director of the Federal Bureau of Investigation, Robert Mueller, said recently that cyber attacks against government agencies and businesses will surpass terrorism as a danger to the United States.

Check Point, one of the world's leading Internet security companies, offers firewall products such as Zonealarm for PCs and its software blade architecture for enterprises, which are independent, modular software blocks that prevent network intrusion.

It also just launched its anti-bot software blade that finds bots, which are hard-to-detect pieces of software that invade networks and lets an attacker send emails, attack a website or steal information.

"Every single company, where we installed the anti-bot blade had bots," Bar-Lev said.

As attacks and malware evolve, so must the company that sells products to prevent attacks.

"It's an ongoing game, there is no silver bullet," Bar-Lev said, adding that the company had a group of analysts that did nothing but monitor how hacking attacks and malware are evolving.

A computer scientist by training, Bar-Lev said Check Point did not hire hackers or test hacking skills outside of the company lab.

Bar-Lev said Check Point's customers range from governments to Fortune 100 companies to individual consumers, but he sees particular growth in the financial and services sector.

"The sweet spot for us will be enterprise, high-end, financial services and service providers," he said, adding that security costs usually make up 4 percent to 6 percent of IT budgets.

Bar-Lev joined Check Point in 2005 after selling the company he founded - Xpert Integrated Systems - and traveling through Canada in a motor home with his family.

Check Point competes with the security divisions of Cisco and Juniper, but according to Bar-Lev, the company has been winning market share from the larger rivals.

Even if the customers used Cisco or Juniper products for other areas, they turned to Check Point for security, he said.

"We are focussed on security and only security," Bar-Lev added.

(Reporting By Nicola Leske; editing by Andre Grenon)

FILED UNDER:

"India's Daughter"

Reuters Showcase

Countering China

Countering China

PM Modi to ramp up help for Indian Ocean nations to counter China influence  Full Article 

'India's Daughter'

'India's Daughter'

Society created Delhi gang rape convicts: Filmmaker Leslee Udwin.  Full Article | Related Story 

Kohli Censured

Kohli Censured

BCCI warns Virat Kohli against repeat of misbehaviour.  Full Article 

MUDRA Bank

MUDRA Bank

Funding the unfunded: India helps small business borrow to grow  Full Article 

PML(N)'s Hope

PML(N)'s Hope

Pakistan's ruling party looks for gains in upper house election  Full Article 

For Women's Right

For Women's Right

Afghan men don burqas, take to the streets for women's rights.  Full Article 

U.S. Envoy Attacked

U.S. Envoy Attacked

Knife-wielding attacker slashes face of U.S. ambassador in South Korea  Full Article 

New Strategy

New Strategy

Ashwin mulls 'one-sided' ploy against big-hitters.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage