EMC to acquire Web fraud detection solution provider

EMC Corp. announced it has signed an agreement to acquire privately-held Silver Tail Systems, a solution provider based in Menlo Park, Calif., with an expertise in real-time Web session intelligence and behavioural analysis.

Upon closing, Silver Tail will operate within the RSA security division and is expected to extend the capabilities of RSA’s Identity Protection and Verification (IPV) solutions, as well as other areas across RSA’s enterprise security portfolio. Terms of the deal were not disclosed. The acquisition is expected to be completed in the fourth quarter of 2012, subject to certain closing conditions. The acquisition is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.

One of the reasons EMC gave for this move is the rapid evolution of malware and advanced online threats has left growing numbers of online banking, ecommerce and government web sites and their customers vulnerable to attack, account takeover and fraud. EMC added that in response to this evolution organizations historically have focused on building fraud detection and security strategies that try to identify what a bad transaction looks like, creating solutions that must always play catch-up to the latest threats.

According to EMA Managing Research Director, Security & Risk Management, Scott Crawford, “Silver Tail represents a growing class of technologies meeting a strongly demonstrated need, making insight available as real-time defense derived from large bodies of behavioral data. Its acquisition by EMC signals the growing validation of data-driven security tactics, as enterprises – and the vendors that serve them – recognize that effective analytics are the key to understanding the evidence of threats that too often escape detection.”

Silver Tail Systems’ Web session intelligence is the response to this evolution in threats and fraud, using a Big Data-driven approach to gather and analyze mass quantities of information in real time and to see into Web sessions and mobile traffic. The information is fed into Silver Tail Systems’ behavior analysis engine to review at both user and population levels to detect anomalies, IT security threats, fraud, insider threats, business logic abuse and other malicious activity.

Silver Tail Systems solutions are currently deployed globally in large customer environments to secure online banking traffic and ecommerce and government web sites, for example.

Within RSA, Silver Tail is expected to contribute to multiple areas across RSA’s enterprise security portfolio. In addition, it is expected Silver Tail’s core transaction and behavioural analysis technology will help further extend the security analytics capabilities across RSA’s enterprise security solutions portfolio.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

CDN Staff
CDN Staffhttps://channeldailynews.com
For over 25 years, CDN has been the voice of the IT channel community in Canada. Today through our digital magazine, e-mail newsletter, video reports, events and social media platforms, we provide channel partners with the information they need to grow their business.

Related Tech News

Featured Tech Jobs

 

CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.