CONTENTS    
  		• WHAT’S NEW?
  		• PRODUCT NEWS
  		• FROM OUR MCRC SECURITY LABS
  		• CUSTOMER SUPPORT AND SERVICES
  		• PARTNER NEWS
  		• EVENTS
  		• IN THE PRESS
  		• SUCCESS STORIES
  		• FINJAN IN THE COMMUNITY
    		 
     CEO CORNER    
    Finjan’s New Business Strategy

    Finjan has recently announced its new business strategy and product roadmap for 2006 and beyond. Key elements of Finjan’s strategy going forward include an exclusive focus on web security based on our award-winning Vital Security™ appliances, as well as the introduction of the Vital Security™ Software Development Kit (SDK) offering for vendors of security and storage systems, as well as service providers. We believe that our strategic decision to focus on web security – Finjan’s undisputed area of expertise and where we have a significant competitive advantage versus other available solutions and technologies – will increase the value we bring to our partners and customers.
    I am pleased to report that this new business strategy has received endorsement by various industry players, and has resulted in sales growth across our appliance and SDK product lines, new customer implementations and regional expansion. Finjan’s mission has always been to stay ahead of unknown and emerging threats and attacks, ensuring that our Vital Security solutions provide zero-hour protection to our customers. This mission continues to stand today, as we focus on providing the best proactive content security solutions in the market.
    Read the full press release.
     WHAT’S NEW?    

    Rogue Anti-Spyware, Ransomware and Rootkits Latest in Cybercrime
    According to the latest Web Security Trends Report, published by Finjan’s Malicious Code Research Center (MCRC), Rogue Anti-Spyware programs, Ransomware and Rootkits head the list of web-based threats to Internet users. In addition, Finjan has released its Malicious Code In The Wild Report, which presents examples of malicious code in the wild, as detected by MCRC experts. “In the course of our work, we collect a wealth of information that is invaluable not only to our customers, but also to the wider IT security community. These reports are a vehicle for making that critically important information immediately and continuously available,” said Yuval Ben-Itzhak, CTO at Finjan.
    Read the full press release.

    Finjan Raises $10 Million in Investment Round
    On February 8, Finjan announced that it has raised $10 million in an investment round led by HarbourVest Partners, with participation by current investors Benchmark Capital and Israel Seed Partners. Finjan will leverage these funds to accelerate growth and widen its penetration into additional geographical markets. “The web security market is the highest growing security segment with a great impact on content security management as a whole. Finjan has the proven expertise and best technology to proactively eliminate web-borne threats,” stated Rob Wadsworth, Managing Director of HarbourVest Partners.
    Read the full press release.

    As part of this investment round, Cisco also extended its existing investment in Finjan. “We appreciate the confidence and support our investors have shown in the company’s overall strategy, product directions and unique security technologies, which will enable us to capitalize upon our positive business momentum,” commented Asher Polani, President and CEO at Finjan.
    Read the full press release.

    Finjan Identifies Critical Microsoft Vulnerability That Could Be Exploited via Internet Explorer
    Finjan discovered a critical bypass and cross zone scripting vulnerability in Microsoft’s Remote Data Service (RDS) object. Hackers could have potentially exploited this vulnerability to gain full control over and remotely execute code on users' machines using Internet Explorer. Finjan provided Microsoft with full technical details and assisted in the fix. “This discovery is an excellent example of the shared efforts and close cooperation between Finjan’s Malicious Code Research Center (MCRC) and Microsoft,” said Yuval Ben-Itzhak, CTO at Finjan.

    Click to view a short demo showing how a hacker could have benefited from exploiting this vulnerability.
    Read the full press release.

    Finjan's Vital Security™ Appliances Receive Top Marks from Leading Industry Journals
    We are pleased to report that our web security appliances continue to achieve excellent results in evaluations and reviews performed by several leading journals and industry analysts in recent months. Brief synopses are provided below (full reviews can be downloaded from our website).

    In January 2006, Finjan’s Vital Security Appliance NG-5100 received Anti-Spyware Certification from West Coast Labs. Certification was contingent upon successful detection of Trojans, keyloggers, cookies and other assorted malware in the West Coast Labs Spyware test suite.  
    RECOMMENDED: Vital Security Appliance NG-5100 received maximum 5 star ratings for features and performance in SC Magazine’s Group Test of Anti-Spyware products (January 2006) and earned RECOMMENDED status. The verdict: “Best suited to large networks, it is scalable, secure and will integrate with existing security measures.”
         		  
    BEST BUY: In SC Magazine’s Group Test of Enterprise Security Appliances (November 2005), Finjan’s Vital Security Appliance NG-5100 was awarded “BEST BUY” among 9 appliances tested. The NG-5100 web security appliance received maximum 5 star ratings for performance and ease of use. The verdict: “A very impressive all-in-one security appliance. One to consider.”
         		  
    RECOMMENDED: NG-5100 also earned “RECOMMENDED” status from CRN Test Center. The NG-5100 earned both Tech Ratings and Channel Ratings of 4 stars (out of 5).  
    Click to view a complete list of awards and recognitions

    New Corporate Branding
    As you surely have already noticed, Finjan has launched its new corporate branding and design in conjunction with the new strategy launch – to communicate and reflect our new business directions. Check out our re-designed website, where you can find the most up-to-date information on Finjan, our customers, awards and recognitions and best-of-breed web security solutions.

    If you missed our short commercial movie at Infosecurity Europe 2006, here’s your chance to see it. This movie focuses on the danger of “invisible” web threats and explains why Finjan’s proactive behavior-based security is the only solution that detects and protects organizations from these “invisible” threats.




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     PRODUCT NEWS    

    Finjan Integrates Kaspersky Lab’s Anti-Virus Engine into Its Web Security Appliances
    Finjan has announced the availability of Kaspersky Lab’s Anti-Virus engine as an integrated optional component within the Vital Security Web Appliance. Finjan customers have the option of selecting from one of three best-of-breed Anti-Virus engines with their Finjan web security implementation to ensure the exact Anti-Virus protection desired. “With three best-of-breed Anti-Virus options, we can provide the increased security coverage that a growing number of enterprises want to achieve by implementing one Anti-Virus solution on their desktops and another on their network gateways,” said Limor Elbaz, Finjan Vice President of Business Development.
    Read the full press release

    Finjan and Radware Have Launched Integrated High Performance Security Solution for Enterprises
    In October 2005, Finjan and Radware announced the availability of a fully integrated Content Security and Performance Management solution that allows enterprises to combine proactive content security scanning with comprehensive traffic management. Finjan’s Vital Security™ Web Appliance utilizes revolutionary patented behavior-based technology to protect enterprise networks from both known and unknown web threats, including viruses, Spyware and other forms of malicious code. Radware’s SecureFlow Unified Security Switch accelerates content scanning performance by up to 500%, while ensuring high availability of all security devices for continuous content inspection and security.
    Learn more

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     FROM OUR MCRC SECURITY LABS    

    In line with our commitment to keep our customers and partners both informed and protected from malware threats, Malicious Code Research Center (MCRC) is pleased to announce the launch of our new MCRC subsite. This subsite is part of Finjan’s newly designed company website. The MCRC site is designed to introduce to you essential security related information and tools which we provide. We have made every effort to ensure both an enjoyable and educational experience.

    Visit our site to get the most up-to-date information on:
    • Real-time threat alerts powered by our partners Sophos and Kaspersky
    • Latest vulnerabilities information, including search capabilities
    • “In the Wild” analysis, as researched by the MCRC team
    • Info Center containing white papers and articles on various security topics
    • URL Analysis tool which allows you to test whether a specific URL is a legitimate site or contains malicious code
    • Tool which allows customers to test the installation of their Vital Security Web Appliance and status of all security engines
    The site is constantly updated by our MCRC researchers to ensure that it contains the latest information.

    MCRC has recently released two important reports, available on our site:

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     CUSTOMER SUPPORT AND SERVICES    

    We are pleased to introduce Eitan Chen, Finjan’s recently appointed Director of World Wide Customer Support. Eitan’s rich support experience includes managerial positions at Check Point Software Technologies and International TAC.

    Training Courses Available for Partners
    Finjan’s Support model is to work directly with its partners (Distributor and/or Reseller) on support cases. In order to further enrich the technical knowledge of its partners, Finjan is now offering training courses aimed at bringing our partners to a proficiency level that enables them to provide first-level support to their customers. For more information about available courses, please contact your local Finjan sales representative.

    Finjan Knowledge Base
    As part of our ongoing efforts to provide the highest level of support services, Finjan is currently building a Knowledge Base of known solutions, which should be available to partners in early June. The Knowledge Base will address the need of having up to date solutions to solve configuration problems and known issues, along with “how to” solutions. Finjan is committed to constantly updating the Knowledge Base with new solutions.

    New Feedback Mechanism
    Finjan’s Support team would like to receive direct feedback regarding our customers' experience on every support case. Starting this month, once a support case is closed, an automatic e-mail will be sent encouraging the customer to fill in a short survey. Finjan Support will analyze the input from these surveys with the aim of constantly improving our level of service.

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     PARTNER NEWS    

    Finjan Signs New Benelux Distributor – ACAL
    Finjan is very pleased to announce that it has signed a value-added distribution agreement with ACAL, a Netherlands-based distributor of security solutions, ICT product and Services. ACAL will distribute Finjan’s comprehensive web security solutions across its network of resellers in The Netherlands, Belgium and Luxembourg.

    Finjan Signs New German Distributor – eSeSIX
    Finjan is very pleased to announce that it has signed a value-added distribution agreement with eSeSIX, a German-based distributor of application management, security and storage management solutions. eSeSIX will distribute Finjan’s comprehensive web security solutions across its network of resellers in Germany, Austria and Switzerland.
    Read the full press release (German)

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     EVENTS    

    • Search Security Webcast
      May 23, 2006, 2:00 PM EDT (18:00 GMT)
      Topic: Web-Borne Attacks: Security Audits Expose the Silent Threat to Corporate Networks
      Speaker: Yuval Ben-Itzhak, Finjan CTO
      Listen to recorded webcast
       
    • Finjan Web Security Summit
      May 3-4
      Orlando, Florida

      This exclusive event – first of its kind -- for Finjan customers, prospects and partners provided an interactive and educational forum to discuss Web Security issues. The event featured strategy and technical sessions, as well as deployment case studies. Based on the value that this event provided to both Finjan and its customers, and the positive feedback we received from the field, Finjan intends to make this into an annual event, as well as organizing similar events for other regions in the coming months.
       
    • InfoSecurity Europe 2006
      April 25-27
      Grand Hall Olympia
      London, UK
      View photos from the show
       
    • Finjan - IBM Seminar
      Active Content: Imminent Threat to Your Corporate Network
      March 30, 2006
      Madrid, Spain

      In this educational seminar, experts from Finjan and IBM presented essential information about web-based attacks, the dangers they pose to corporate networks and steps enterprises can take to secure their networks from web-based threats.

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     IN THE PRESS    

    Web Security: Both Sides of the Paradigm – TMCnet (May 11, 2006)
    In this featured article, Yuval Ben-Itzhak examines the differences between reactive and proactive web security methods, and categorizes commonly used enterprise security solutions (Anti-Virus, URL Filtering, IDS/IPS, etc.) in terms of how they deal with malicious content. Proactive behavior-based security is shown to be the most effective approach for securing corporate users from today’s sophisticated web-based threats, which exploit unknown, dynamic and rich web content.
    Read the full article.

    Networking - Is That Bank’s URL Legitimate? – PhysOrg.com (May 1, 2006)
    Usually, phishing scams are based on spoofed sites that simply look and feel similar to the site they are attacking. However, in this instance, the phishers replicated the Moscow-based KS Bank site itself, www.ks-bank.ru, and not just an image of it, and created a page that used its exact URL. “New technology -- like the Application-Level Behavior Blocking software by Finjan Software -- is supposed to help companies keep ahead of the crooks, and stay online, even during an attack, a spokesman told Networking.”
    Read the full article.

    Microsoft Fills Holes in Big April Security Fix – PC PRO (April 12, 2006)
    Microsoft has released five patches covering multiple security vulnerabilities in Internet Explorer in addition to flaws in Windows Explorer, Outlook Express, FrontPage Server Extensions and Data Access Components. This includes a critical bypass and cross zone scripting vulnerability in the Remote Data Service (RDS) object discovered and reported by Finjan.
    Read the full article.

    Pop-up Plague – Server Management (April 11, 2006)
    Behind every pop-up may lurk a virus or spyware, and with many users suffering from “OK addiction” its time to tighten security, states Yuval Ben-Itzhak, Finjan CTO.
    Read the full article.

    Government Security Audit Confirms the Scale of Spyware Threat - Security Park (March 23, 2006)
    Finjan has revealed that a security audit performed by Finjan’s Malicious Code Research Center on an un-named UK government body clearly shows the scale of the Spyware threat to organizations of all kinds. A total of 171,000 security policy breaches were logged during one week, the vast majority of which were Spyware-related. “Today the writers and purveyors of malicious code are finding ways of bypassing widely-deployed anti-virus and firewall solutions in order to infiltrate internal systems and machines,” comments Yuval Ben-Itzhak.
    Read the full article.

    An e-Valentine’s Day Massacre – CRN (February 20, 2006)
    Forget their loving intentions: sending and receiving e-cards could have serious consequences for any unprepared company, warns Yuval Ben-Itzhak in his article recently published in CRN magazine.
    Read the full article.

    Warning over Valentine’s e-cards – BBC News Online (Feb 14, 2006)
    The lure of romance is being used by malicious hackers the bait to entice computer users to click on fake links, which are then used to steal bank and credit card details from these unsuspecting victims. “Hackers were exploiting the "conditioned response" of users to open unsolicited romantic e-mails out of curiosity,” explains Yuval Ben-Itzhak.
    Read the full article.

    Changing Nature of Security Concerns Key Topic at RSA – San Jose/Silicon Valley Business Journal (February 10, 2005)
    Information technology security companies are finding that attackers are beginning to develop the ability to get down into the root of the operating systems of computers. “These attacks are running at the kernel level. This is not some kid. Someone is investing money in developing these attacks,” explains Yuval Ben-Itzhak, CTO at Finjan.
    Read the full article.

    AV upstarts tout need for speed in zero-day fight - Search Security (February 6, 2006)
    While reactive, signature-based solutions will never be able to protect against the first attack, the speed with which an AV vendor can protect its customers via a software update or other means has become critically important for enterprise security managers, particularly in light of malicious hackers’ improving skill sets.
    Read the full article.

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     SUCCESS STORIES    

    REI, Perennial “Best Company to Work for in America”, Chooses Finjan to Secure Its 600 Employees from Web Threats
    REI, the outdoor gear powerhouse, is currently deploying Finjan’s Vital Security™ Web Appliances to secure its 600 employees at company headquarters from Spyware and other malicious web threats. REI selected Finjan for its proactive, behavior-based security approach, not available from other security vendors. “Choosing Finjan as a key security partner means we don’t have to worry about Spyware and other intrusive software programs impacting our productivity, which allows us to focus on providing the highest quality shopping experience possible,” said REI Vice President of Information Services Brad Brown.
    Read more.

    Customer Testimonials

    "Finjan leads the market in protection from malicious mobile code, and for good reason -- their Vital Security™ platform uses an advanced technology based on analyzing the behavior of code, rather than its name or signature. It's the only way to detect new and unknown potential web threats.”
    --Peter Smetny-Sowa, Sr. Consultant, CGI

    "With attack vectors changing so rapidly in today's internet world it's nice to know that we have Finjan protecting us. Finjan helps to keep us one step ahead of malicious code threats by providing protection for known exploits as well as addressing attacks which have yet to be seen. Their technology goes a long way in keeping the confidence and trust of our partners and the citizens of the state of California."
    -Internetworking and Security Specialist, large California State Agency & Finjan Customer

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     FINJAN IN THE COMMUNITY    

    Ma’ala Project – Netanya, Israel
    The Ma’ala project was established to train members of the mentally ill community to effectively manage their free time and to learn new tools that may help them to find paying jobs.

    Ten Finjan volunteers have been actively involved in the Ma’ala project since September 2003, with the aim of introducing the Ma’ala club members to the social-economic culture that has developed around the computer.

    Finjan’s volunteers have set up a computer network that includes five computers, an Internet connection and a printer. They meet twice a month for two-hour sessions with the mentally ill club members. The members’ favorite activities are Internet surfing, computer games, writing and drawing using various Office tools.

    While the members’ computer proficiency has steadily improved, the most important result of our involvement in the project is the personal relationships that have developed between the Ma’ala club members and the Finjan volunteers.

    For more information about Finjan, our products or to contact one of our regional sales offices, please visit our website at www.finjan.com.

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