SOURCE: Cenzic

November 27, 2007 08:15 ET

Cenzic Announces Record Growth, Prestigious Awards, Excellent Product Ratings

Web Application Security Company Continues to Build Strong Momentum in 2007

SANTA CLARA, CA--(Marketwire - November 27, 2007) - Cenzic Inc., the leading provider of application security vulnerability assessment and risk management solutions, has experienced another year of momentous success, as the company announced growth of more than 350 percent in the first nine months of the year over the same period last year. With more than 1,000 organizations, including many Fortune 500 companies, using Cenzic's security solutions, and thousands more using the company's Windows port of Nessus Scanner, Cenzic continues to show leadership and innovation on many fronts.

The rapid growth can be attributed to the many milestones that Cenzic has surpassed within the last year. The company recently unveiled a new version of its flagship product, Cenzic Hailstorm® Enterprise ARC™ 5.0 and the latest edition to the company's managed service, ClickToSecure ARC, representing the only true application risk-management superset in the industry. Both solutions include integration of key vulnerability information from sources such as HP, IBM, source code scanners and manual pen testing solutions. Additionally, the company also announced the integration of Cenzic Hailstorm with Borland Gauntlet, an innovative continuous build and test automation product, making Cenzic a vital addition to IT organizations seeking to proactively uncover security vulnerabilities and enforce security policies throughout the software delivery lifecycle.

"In 2007, Cenzic has continued to make strides as the industry leader with the unveiling of Hailstorm 5.0, which allows continuous testing from the development to production stages and the addition of customers K2 Networks, Overstock.com, ControlScan, Teranet and many other large financial services and high-tech companies," said John Weinschenk, CEO of Cenzic. "As more and more companies increase their awareness of and focus on Web application security, we will see continued market growth in 2008, with Cenzic leading the way."

In order to help build industry awareness for application security, Cenzic announced they had joined the Open Web Application Security Project (OWASP) as a Vendor Organization member. As an OWASP member, Cenzic's dues directly support three distinct OWASP projects focused on application security issues: Site Generator, Corporate Application Security Guide and Security Across Software Development Lifecycle (SDLC). Cenzic also actively participated in building application security awareness with the SANS Institute.

In 2007, Cenzic also implemented The Cenzic Application Trends Report, conducted by Cenzic's specialized research team, Cenzic Intelligent Analysis (CIA) Research, which highlights the previous quarter's top ten vulnerabilities, and overall trends seen within the Web application space. Additionally, the release of Cenzic's recent C-level executive survey, examining the state of application security, uncovered a general lack of confidence among executives in their current security solutions and in other methods employed to protect their companies from hackers.

Cenzic has continued to be acknowledged as the innovative leader by many reputable publications and analysts. Cenzic's technology uses a unique non-signature based approach called Stateful Assessment, resulting in precise automation of security testing and a holistic application risk management to its software and managed service customers. Cenzic has strong patents on its technology and earlier this year signed a settlement and cross-license agreement for the patents HP and Cenzic asserted against one another. Most recently, Hailstorm Enterprise ARC 5.0 was given a five star rating (out of five stars) and a strong recommendation from a product review conducted by Computer Reseller News.

Over the last year, Cenzic has received several awards for its achievements. Recognitions included being named the winner in the Info Security's Tomorrow's Technology Today awards for Application Security and for Vulnerability Assessment and winning Info Security's Shaping Info Security Award 2007. In addition, Cenzic was a runner-up for the Silicon Valley Business Journal's Emerging Technology Awards, and is currently a finalist for the Info Security Products Guide Global Excellence in Application Security, Info Security Products Guide Global Excellence in Solution for the Enterprise and Info Security's Hot Companies for 2007.

About Cenzic

Cenzic is the innovative leader of next-generation application security assessment and risk management solutions that quickly and accurately find more "real" application vulnerabilities in both legacy Web 1.0 and Web 2.0 applications. The Cenzic suite of application security solutions fit the needs of any company from remote, Software as Service (ClickToSecure®), for testing one or more applications, to a full enterprise-wide solution (Cenzic Hailstorm® Enterprise ARC) for effectively managing application security risks across an enterprise. Cenzic solutions, targeted at financial services, e-retail, high-tech, energy, healthcare and government sectors, are the most accurate, comprehensive and extensible in the industry empowering organizations to stay on top of unrelenting application security threats.

Contact Information

  • Contact:
    Tami Casey
    Kulesa PR for Cenzic
    (650) 340-1984
    Email Contact