BindView bets big on cyber security solutions

This is a widely acknowledged fact that over 80 per cent of all security breaches are committed by staff within a company who are able to bypass perimeter security measures.

BindView India Pvt Ltd, a 100 per cent export-oriented subsidiary of the Houston-based BindView Corporation, is among the fastest growing software companies in Pune with a presence in North America, South America and Europe, is planning a foray into business development segment for providing security management software solutions for policy compliance, vulnerability management and directory administration among others.

"Statistics (CSI) state that around 80 per cent of all security breaches occur from within the organisation. Content monitoring can stop the accidental or intentional disclosure of a companies intellectual property, confidential information or other non-public content, that can be accessed or disclosed electronically. We will be setting up the 'Razor Team' in India for security management software solutions," said Shantanu Ghosh, director, India operations, BindView India Pvt Ltd.

The company is one of the first providers of a solution that scanned for Berkeley Internet Name Daemon (Bind) vulnerability. For providing Bind vulnerability, the company is in process of setting up its Razor Team.

In addition to identifying security vulnerabilities, the Razor Team will also develop security solutions that defend against vulnerabilities. BindView's unique rapidfire updates allow new security checks to be automatically, securely and immediately added as new vulnerabilities surface.

In line with the company's focus on vulnerability assessment, BindView delivers a comprehensive security management product line for assessment, analysis and administration of operating systems, applications and networks.

Similar set up is being explored by Bind View India and the selection process for such hi-tech professionals is on currently. The company has recently set up its research and development facility at Pune with investment of over $2.5 million and employing over 500 professionals.

The Nasdaq-listed company was incorporated in 1990 with corporate headquarters at Houston, Texas, and operations India, Europe, and Latin America among others.

The company has reported a turnover of $70 million in the last financial year and eyes to close the current financial year with a turnover exceeding over $80 million, with Pune contributing to over 50 per cent of the global revenue of the company, with over 95 per cent of the design and architecture work being carried out by the Pune centre. The company has over 25 elite partners such as IBM, H-P, Microsoft, Check Point and Novell amongst others.

The business development group in Pune sells and services big customers in the region. Within India, the company will focus its attention on providing security solutions in banking, telecom, healthcare and defence sectors.

"Organisations, large and small, rely on BindView to help make their networks a safer and a more efficient business environment. Worldwide, BindView software is at work in 5,000 organisations, including most of the Fortune 500 companies, as well as in global companies across all major industries. We equip organisations with the power to enhance regulatory compliance, reduce business disruption. We provide organisations with tools to protect and secure their computer systems, applications and networks. Automated business policies can be tracked and enforced. Configuration and security holes are identified before they can be compromised and user security can be managed to ensure proper access and control," said Ghosh.

BindView Corporation is the founding member of Cyber Security Industry Alliance, which was launched in February 2004 by a group of leading cyber security software, hardware and services companies, as an advocacy group dedicated to the improvement of cyber security through public policy, education and technology-focused initiatives.