SOURCE: Covelight

December 18, 2006 08:52 ET

Covelight Teams With ArcSight for Real-Time Security Information Data Feeds

Technology Partnership Delivers Real-Time Web Channel Data, Improving Timeliness of Data for Enhanced Security Information Enterprise Protection

CARY, NC -- (MARKET WIRE) -- December 18, 2006 -- Covelight Systems, the innovator of real-time, application-independent online management solutions, today announced it has joined the ArcSight™ Enterprise Security Alliance (ESA) program. As part of the partnership, Covelight and ArcSight, Inc., a leader in Network and Security Information Management, announce the interoperability between Covelight's Inflight Intelligence Engine™ and the ArcSight Enterprise Security Management system. Identity-based, real-time web channel transactional data captured by Inflight is fed at wire-speed into ArcSight ESM for real-time parsing and correlation of events, giving customers the ability to detect security events and fraudulent "pump and dump" stock trading schemes.

The partnership was forged from a joint deployment in a Top-3 online brokerage firm (see associated deployment release) where Inflight is capturing all web channel data, transforming the data into meaningful business events, and feeding it to enterprise applications for numerous uses across the enterprise. Covelight's Capture-Transform-Feed (CTF) architecture is analogous to real-time ETL solutions for web channel data.

ArcSight ESM, which collects, analyzes, and manages security data to mitigate information risk for real-time threat management and compliance reporting for their customers, is delivered in real-time streams of events from Covelight Inflight™ to the ArcSight ESM engine via a connector. ArcSight ESM evaluates the streams against customizable business rules designed to detect and respond to security violations and fraudulent trading schemes. The result is a complete end-to-end secure network solution to meet the dynamic needs of the customer.

"ArcSight and Covelight partnered to meet the highly complex challenges faced by enterprises using the online channel to drive their core business -- in this case, one of the top online brokerage firms serving the financial interests of their investors," says Spencer Snedecor, CEO of Covelight Systems. "Recent 'pump-and-dump' trading schemes have necessitated solutions that can transparently monitor and passively capture online user activity at wire-speed, and correlate the patterns and events to thwart this new wave of identity theft and financial fraud."

Inflight™ delivers the industry's first and only transparent online monitoring product family specifically designed to feed actionable, real-time data to backend systems, without requiring any integration with the online application. Inflight is built on Covelight's new CTF architecture, which was developed in conjunction with one of the world's largest financial institutions to ensure it meets regulatory requirements and delivers the performance needed in extremely high-volume environments.

"The integration of Inflight's web channel data into our ESM solution allows our customers to capture online user transactions and correlate this information in real-time with user activity collected from other data sources and respond to malicious insiders and other security threats," said Robert Ma, Vice President of Product Marketing at ArcSight. "Through the ArcSight Enterprise Security Alliance, Covelight joins one of the broadest eco-systems in the security industry, whose components help our customers discover actionable data and provide context for real-time threat management and compliance reporting.

By integrating Inflight with ArcSight's ESM solution, users receive the most timely, accurate, identity-based security solution, enabling enterprises to turn web channel data into action, further improving their security management solution. The solution is currently available to the general market. Please contact Covelight or ArcSight for more details.

About Covelight Systems

Covelight Systems' Inflight Solution provides Web-channel data at wire speed to backend analytic engines for a variety of enterprise uses. Covelight's products provide real-time, identity-based monitoring of critical online applications. Only by deploying Covelight solutions can organizations protect their business from Fraud and also grow their business by taking action upon their users online transactions. For more information, go to www.covelight.com or call at (919) 677-9680.

ArcSight is a trademark of ArcSight, Inc.

Contact Information

  • For more information:
    For Covelight Systems
    Kristin Canders
    Acaggio Public Relations
    207-974-7744
    Email Contact