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March 01, 2010

Insurance Technology - The World's First Security Appliance Launched by Mykonos



Mykonos Software, a developer of Web application security technology, has launched the world’s first “counter-hacking” appliance, the Mykonos Security Appliance.
 
The newly introduced security appliance offers both system administrators and security staff a real-time view of hackers as they introspect Web applications and profiles hackers in real-time, ascertaining their location, skill level and other critical data. Further, it enables IT staff to instantly deploy counter-measures.
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Financial services and insurance companies, healthcare companies, e-commerce companies, government entities and other high profile targets of web-based hacking attempts is targeted by Mykonos Security Appliance.
 
“As businesses continue to deploy applications to the Web, they are exposing a massive attack surface for hackers to exploit,” David Koretz, president and CEO of Mykonos Software, said.
 
“The primary security threat for businesses has shifted from the network layer to the application layer.” The Mykonos Security Appliance grew out of the Mykonos team’s experience in hosting Web applications and creating the first development framework for building secure Web applications. Web application firewalls are flawed because they attempt to protect by using rules-based policies that are challenging to implement and offer only point-in-time reporting. Web Application Firewalls also do not protect against client-side code, which is where the majority of Web application threats exist.
 
“No matter how many firewalls and defenses are put up, hackers will eventually find ways around,” Al Huizenga, director of product management at Mykonos Software, said.
 
“The goal of the Mykonos Security Appliance is to turn a mirror on the hacker and use counter-intelligence tactics to identify them while gaining intelligence about their skill level. More importantly, for the first time system administrators can defend their systems in real-time by launching counter-measures against the hacker.”
 
The Mykonos Security Appliance works by hardening the code as it is delivered to the client to detect potentially malicious activity as it happens, evaluating the sophistication of that activity, and countering the activity with a variety of measures such as fake responses to confuse the hacker so that they move on to easier targets elsewhere. The Mykonos Security Appliance identifies the hacker so that future intrusion attempts can be highlighted as repeat visits and thwarted appropriately, and it even gathers personal data on the hacker to turn over to law enforcement, if desired.
 
In related news, Mykonos Software has announced the availability of the first dynamic framework for building and securing Web applications.

Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Erin Harrison
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