SOURCE: Silver Tail Systems

Silver Tail Systems

February 11, 2010 14:28 ET

Silver Tail Named Top 10 Finalist for "Most Innovative Company at RSA® Conference 2010" Contest

Silver Tail's Forensics Product Recognized for Its Innovative Approach to Behavior-Based Website Fraud Detection

PALO ALTO, CA--(Marketwire - February 11, 2010) - Silver Tail Systems, Inc. announced today it has been named one of 10 finalists for the coveted "Most Innovative Company at RSA® Conference 2010" contest, part of Innovation Sandbox, a half-day interactive event at the Conference devoted to providing security practitioners with an educational environment where they can partner with one another to learn about new technological solutions that will prepare them to tackle IT security issues.

"Today's security threats are more sophisticated than ever as evidenced by recent headlines, and RSA Conference is committed to bringing together some of the industry's most innovative people to address these emerging challenges," said Sandra Toms LaPedis, Area Vice President and General Manager of RSA Conference. "The purpose of Innovation Sandbox -- and this award in particular -- is to identify and honor the companies and individuals that are at the cutting-edge of security innovation and have the most promise for offering a solution to the information security industry's most pressing issues."

Silver Tail's Forensics product was selected because it takes fraud detection to the next level. Forensics monitors all website traffic and uses statistical models to identify web sessions that deviate from normal. Through this technology, our customers are alerted to website attacks as they emerge -- even if the signature of those attacks is not previously known. This significantly reduces the exposure caused by new attacks against websites.

"Receiving this award shows that RSA, the security community, and the impacted brands recognize a need to address the new fraud attack vectors, like Man in the Browser and Zeus, that are costing companies so much money," said Laura Mather, Ph.D., CEO and Founder of Silver Tail. "We know that companies are highly impacted by these fraud events and are in desperate need for the technology Silver Tail's Forensics provides."

The "Most Innovative Company at RSA Conference 2010" winner will be determined at the culmination of Innovation Sandbox based on a 3 to 5-minute presentation to a panel of judges that includes Michael Barrett of PayPal; Asheem Chandna of Greylock Partners; Gerhard Eschelbeck of Webroot; Renee Guttmann of Time Warner Inc.; Ray Rothrock of Venrock and Hugh Thompson, Program Committee Chair for RSA Conference 2010. The winner will also be announced to all Conference attendees on Tuesday morning during the RSA Conference 2010 opening session.

Additional information about the "Most Innovative Company at RSA Conference 2010" contest and the Innovation Sandbox program can be found at:

About Silver Tail Systems

Silver Tail Systems provides next generation fraud prevention to protect against business logic abuse -- a rising threat costing financial institutions and e-commerce companies hundreds of millions of dollars a year. Silver Tail products use real-time behavior analysis to detect and alert on known threats and new behaviors like Man in the Browser and Zeus, then enable the business to disrupt these attacks in real-time. Founded by fraud prevention experts from eBay and PayPal, Silver Tail significantly reduces online fraud losses, protects your institution, and increases customer trust.

About RSA Conference

RSA Conference helps drive the global information security agenda with annual events in the U.S., Europe and Japan. Throughout its 19-year history, RSA Conference consistently attracts the best in the field, creating opportunities to learn about information security's most important issues through face-to-face and online interactions with peers, luminaries and emerging and established companies. More information on events, online programming and the most up-to-date news pertaining to the information security industry can be found at

RSA and the RSA Conference logo are either registered trademarks or trademarks of RSA Security Inc. in the United States and/or other countries. All other marks are trademarks of their respective companies.

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