Finjan Newsletter - Issue 1 January 2008
 CONTENTS    
  • WHAT'S NEW?

  • FROM OUR MCRC SECURITY LABS

  • FINJAN IN THE MEDIA

  • SUCCESS STORIES

  • EVENTS

  • COMPLIANCE

  • CUSTOMER SUPPORT AND SERVICES

     
     
     LETTER FROM THE PRESIDENT & CEO    

    John VigourouxDear reader,
    As the newly appointed president & CEO of Finjan, it is my pleasure to share the latest news about our company with you.

    I would like to start with mentioning that Finjan can look back at a stellar 2007 with record sales. We consolidated our position as a market leader in our industry and were regularly quoted by leading media outlets. A selection can be found under "Finjan in the media". We as Finjan were also named as a finalist for the "Info Security Products Guide Global Awards" in no less than six categories.

    Our renowned MCRC issued its quarterly trend report and its "malicious page of the month" papers (MPOM) that cover and analyze the latest Crimeware trends. You will find the excerpts further on in this newsletter.

    Furthermore, I would like to draw your attention to the "what's new?" section, which provides you with an overview of the latest news about Finjan and its activities. It also briefly covers the successful product release of our RUSafe version 8.5.

    As you know, Finjan attends exhibitions and events around the world, and you will find the upcoming ones towards the end of this newsletter.

    To keep abreast of the latest Finjan news, I invite you to visit our website regularly.

    John Vigouroux

     WHAT'S NEW?    

    Finjan Names John Vigouroux as President & CEO
    Finjan announced the executive appointments of Eric Benhamou as Chairman and John Vigouroux as President & CEO. Outgoing President & CEO Mr. Asher Polani will continue to serve on the Board of Directors.
    Mr. Vigouroux joined Finjan with over 25 years of experience leading private and public security companies. His impressive track record includes: Chairman & CEO at Cranite Systems, a secure network company; President & COO at Tumbleweed Communications; President & CEO of Valicert, (which was acquired by Tumbleweed). Mr. Vigouroux has also held executive positions in both large multi-national enterprises such as Cisco, Adobe Systems, and GE Information Services, as well as several Silicon Valley startups.
    For more details, please read the full text

    Finjan Appoints John Charles Vice President of North American Sales
    Finjan also appointed Mr. John Charles as Vice President of North American Sales. As a highly experienced IT sales executive, Mr. Charles will be responsible for Finjan's sales operations and channel network in the United States and Canada.
    Mr. Charles brings three decades of sales and management experience to Finjan, including 19 years in various sales management positions at IBM. He also held executive sales positions at Cranite Systems and Tumbleweed Communications, where he was responsible for 35 selected enterprise accounts, including major financial institutions.
    For the full version, please follow the link

    Finjan Identifies Trojan 2.0 a New Genre of Crimeware
    In December 2007, Finjan announced that its Malicious Code Research Center (MCRC) had identified a new genre of Crimeware Trojans. These "Trojans 2.0" utilize regular Web 2.0 technology and websites, cleverly avoiding detection by reputation-based security services. It enables cybercriminals to further using the Web as the most effective attack vector for a wide range of illegitimate and malicious activities - including botnet delivery of spam, identity theft through keylogging, financial fraud, corporate espionage, and business intelligence gathering.
    For more details, please read the full press release

    Finjan SecureBrowsing addresses malware issues found within search results
    Hackers targeted Google search results by seeding the search engine tool with bogus sites that contained malware. With Finjan SecureBrowsing™, Web users are proactively alerted when potential malicious content is hiding behind links of search results, ads and other selected Web pages.
    To learn more, please read the full press release

    Finjan reveals new Trojan activity involves Chinese Government website
    Finjan's MCRC conducted an independent study prompted by the increased volume of attacks coming from China. The study shows in detail how users' PCs were infected by Trojans distributed from China. Malicious content was distributed using obfuscated code and a network of websites to bypass traditional information security technology. MCRC not only discovered new hacking techniques but also that one of the websites (ab)used to distribute the Crimeware belonged to a Chinese government office.
    To learn more about zero-day exploits please read the full press release

    Finjan reveals hackers are abusing trusted domain names
    In November 2007, Finjan announced that hackers and cybercriminals were exploiting a loophole in the domain name registration process. As a result, they infected visitors to legitimate websites and extended the lifecycle of their cyber attacks.
    Follow the link to read more about this attack

    Finjan launched RUSafe version 8.5
    In December 2007, Finjan launched the latest version of its RUSafe.
    New features include easy collection of customer databases as well as easy cleaning of previous data from the appliance.
    The performance of the reporting engine is even better than before and a new list of reports has been applied.
    To share your feedback and thoughts with us on this matter, you can write to our product marketing forum at pmforum@finjan.com

    InfoSecurity 2008 AwardsFinjan Named Finalist in Info Security Products Guide Global Awards in Six Categories
    Info Security Products Guide named Finjan Vital Security™ Web Appliance NG -6100 as a finalist for the 2008 Global Product Excellence Awards. The NG-1600 was nominated in five separate categories. Finjan was also singled out as a finalist in the 2008 Outstanding Awards for Highest Partner Satisfaction.
    Read the full press release

     

     

     

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     FROM OUR MCRC SECURITY LABS    

    Quarterly Web Security Trends Report
    Trojan 2.0 - Read About the New TrendsFinjan's renowned Malicious Code Research Center issued its quarterly Web Security Trends Report at the end of 2007.
    In this report, you can learn about a new genre of Crimeware -"Trojan 2.0"
    These Trojans utilize regular Web 2.0 technology and websites to provide cybercriminals with an easy and scalable command and control scheme. The report shows the impact on the industry and the most effective defense against these attacks (real-time code inspection).
    It also includes a review of web security trends in 2007 and a comparison of Finjan's forecast vs. reality. Want to know what 2008 might bring? MCRC also presents its outlook for 2008.
    To learn more, you can download the Q4 Web Security Trend Report

    Malicious Page of the Month
    MCRC issues a monthly MPOM to inform Finjan's customers about the latest threats.
    New malicious sites are created and brought online at a dazzling pace and are used by cybercriminals to host a multitude of Crimeware. Each MPOM provides a detailed analysis of the latest malicious code, explains infection techniques and payload, with screenshots of the mentioned webpage(s).

    • The December 2007 issue of the MPOM covers the Trojan activity involving Chinese Government website

      It analyzes the increased malicious activity from China that started in September 2007. It also shows the intricate network of connections between Chinese-based servers whose main purpose is to conduct criminal activity, and how attackers are utilizing this network as a "clearing house" for the attacks themselves.

      For more details, please download the MPOM

    • The October 2007 issue of the MPOP shows how hackers successfully abuse trusted domains.

      It describes how Finjan's MCRC discovered a domain name similar to a Google service that contained malicious code specifically designed to download and execute a trojan on the website visitor's machine.
      When trying to deduce where the domain name hosting this malicious site was located, MCRC found that it was located on (and later removed from) a Yahoo! Controlled IP address.

    To learn more about these findings, you are invited to download the MPOM

    MCRC Blog
    Stay updated about the latest developments in web security by reading our MCRC blog!

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     FINJAN IN THE MEDIA    

    During the last quarter Finjan has received wide and important coverage in the media thanks to the discoveries of our Malicious Code Research Center. CTO Yuval Ben-Itzhak has been interviewed and quoted by media such as Financial Times, Information Week and VNUnet:

    Financial Times Logo December 19, 2007

    Steep rise in hacking attacks from China
    Yuval Ben-Itzhak, chief technology officer of Finjan, a web security group with headquarters in San Jose, California, was quoted saying that his company is in the middle of a study into new hacking techniques that has found "a centralized group of activity based from China".
    Read on

    Times Online Logo December 12, 2007

    Malicious software: what 2008 has in store
    "Even if DoubleClick, which is in the process of being acquired by Google, succeeds in filtering out Trojans, there are scores of smaller, less sophisticated ad-serving services in operation that could fall prey to the trick", according to Yuval Ben-Itzhak, CTO of San Jose-based IT security firm Finjan.
    Read on

    InformationWeek Logo December 10, 2007

    Trojan 2.0 Crafted Using Web 2.0 Technology
    Security researchers warn that Blogger, MySpace, and Facebook can provide an easily accessible place to store stolen data until it can be collected and deleted.
    Read on

    VNUnet Logo December 4, 2007

    China accused of Trojan onslaught
    Finjan's Malicious Code Research Center said that it discovered a centralized group of activity based in China after investigating a sophisticated attack that used zero-day exploits and other new hacking techniques.
    Read on

    SearchSecurity Logo November 15, 2007

    Attackers abusing trusted domain names
    Researchers from Finjan Inc.'s Malicious Code Research Center (MCRC) say hackers are using a loophole in the domain name registration process to circumvent Web site blockers and prolong the duration of their attacks.

    "Hackers are buying domain names made to look as though they belong to legitimate companies but contain hard-to-notice spelling errors. Users could find themselves on a Web page designed to infect their machines with malware", said Finjan CTO Yuval Ben-Itzhak. Such spoofing tactics are popular among phishers, and the increased abuse of domain names lead to the creation of an organization to fight it earlier this year.
    Read on

    To view a complete list of the media coverage, please click on the link.

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     SUCCESS STORIES    

    SVB Selects Finjan to Secure Its Network from Web Threats

    SVB LogoThe Dutch Sociale Verzekeringsbank (SVB) is responsible for the administration of Dutch state pensions, survivor's benefits, child benefit and other social insurance schemes for more than 4.6 million clients worldwide.

    They approached Finjan to secure SVB's advanced ICT infrastructure from Web-based malware threats, while simplifying management and increasing productivity.

    Finjan Vital Security™ Web Appliance, with its unsurpassed real-time web security, enabled reduction in SVB's maintenance efforts and resources, while at the same time enhancing their uses' experience.

    To quote Mr. Arjan van de Velde, IT Specialist at SVB:
    "Since deployment of Finjan's secure Web gateway solution, maintenance of our security solution has become much easier and requires less resources. Finjan's real-time web security protects our sensitive information from stealthy Trojans and Crimeware."

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     EVENTS    

    Our Industry Conferences enables prospective clients to learn more - first-hand - about Finjan's technology and service advantage.

    Industry Conference Schedule 2008

    Date Event   Venue More Info
    Feb. 5-7, 2008 ITnT 2008 ITnT Event Vienna, Austria
    Finjan presents together with Cetus-IT
    Mar. 10-12, 2008 InfoSec World 2008 Infosec World Rosen Shingle Creek Resort
    Orlando, Florida,
    USA
    Booth# 108
    Apr. 7-11, 2008 RSA® Conference 2008 RSA Conference 2008 Moscone Center,
    San Francisco, USA
    Booth# 717
    Apr. 22-24, 2008 Infosecurity Europe 2008 Infosecurity Europe 2008 Grand Hall, Olympia,
    London, UK
    Booth# F190

    Click on the link to view the complete list of events

    http://www.finjan.com/Content.aspx?id=234

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     COMPLIANCE    

    Finjan's Vital Security™ helps organizations to protect their sensitive data and corporate assets by identifying and blocking malicious content at the network gateway.
    With our solutions, organizations can secure customer and corporate information, protect privacy, and prevent identity theft.
    Our proactive behavior-based protection also assists organizations and companies to comply with applicable regulatory requirements, such as: SOX (COBIT) DS5; PCI DSS 1.1; HIPAA.

    To learn more about how Finjan's product suite can help your organization to comply with various regulations, please read on:

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     CUSTOMER SUPPORT AND SERVICES    

    Finjan SupportFinjan puts a lot of emphasis on customer satisfaction. During the second half of 2006, a comprehensive survey process was initiated to monitor the satisfaction level of its customers. It enabled Finjan to provide even better services and support.

    In 2006, the customer satisfaction rate was 4.26, in 2007 it reached 4.46. (To compare: the average number for high performance in our industry is 4.0). The survey is one of the various ways that Finjan keeps in close touch with its customers.

     

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

    Please send your suggestions and comments to newsletter@finjan.com.

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