EMC to Acquire Web Fraud Detection and Security Software Provider Silver Tail Systems

EMC to Acquire Web Fraud Detection and Security Software Provider Silver Tail

Pioneering Developer of Big Data-driven Security Solutions to Join RSA
Security Division

PR Newswire

HOPKINTON, Mass. and MENLO PARK, Calif., Oct. 30, 2012

HOPKINTON, Mass. and MENLO PARK, Calif., Oct.30, 2012 /PRNewswire/ --

News Summary:

  oEMC Corporation announced it has signed an agreement to acquire
    privately-held Silver Tail Systems, a leader in real-time web session
    intelligence and behavioral analysis.
  oSilver Tail's innovative technology enhances RSA's position in the rapidly
    growing Web Fraud Detection market and complements RSA's anti-fraud
    solutions that help leading banks and retailers thwart sophisticated
    cybercrime attacks.
  oSilver Tail's pioneering product portfolio has witnessed rapid adoption by
    some of the largest brands in financial services, ecommerce and federal
  oSilver Tail's Big Data approach to fighting cybercrime will help
    accelerate RSA's strategy to leverage data analytics and adaptive
    risk-based controls for broader consumer and enterprise security use

Full Story:

EMC^® Corporation (NYSE: EMC) today announced it has signed a definitive
agreement to acquire privately-held Silver Tail Systems, a leader in real-time
web session intelligence and behavioral analysis. Upon closing, Silver Tail
will operate within the RSA security division and is expected to extend the
capabilities of RSA's Identity Protection and Verification (IPV) solutions, as
well as other areas across RSA's enterprise security portfolio. Terms of the
deal were not disclosed. The acquisition is expected to be completed in the
fourth quarter of 2012, subject to certain closing conditions. The
acquisition is not expected to have a material impact to EMC GAAP or non-GAAP
EPS for the full 2012 fiscal year.

The rapid evolution of malware and advanced online threats has left growing
numbers of online banking, ecommerce and government web sites and their
customers vulnerable to attack, account takeover and fraud. In response to
this evolution organizations historically have focused on building fraud
detection and security strategies that try to identify what a bad transaction
looks like, creating solutions that must always play catch-up to the latest

Silver Tail Systems' web session intelligence is the response to this
evolution in threats and fraud, using a Big Data-driven approach to gather and
analyze mass quantities of information in real time and at scale to deepen
visibility into web sessions and mobile traffic. The information is fed into
Silver Tail Systems' behavior analysis engine to review at both user and
population levels to detect anomalies, IT security threats, fraud, insider
threats, business logic abuse and other malicious activity.

Silver Tail Systems has been recognized as a leader by prominent industry
analysts for its innovative approach and disruptive technology. Silver Tail's
solutions are deployed globally in large customer environments, helping to
secure online banking traffic and ecommerce and government web sites and
portals. Their team has extensive experience in building high-performance
solutions that provide monitoring for upwards of 330,000 clicks per second for
some of the largest ecommerce and banking providers on the market today.

Within RSA, Silver Tail is expected to contribute to multiple areas across
RSA's enterprise security portfolio. Silver Tail's products will add a
disruptive fraud-fighting technology designed to install and begin providing
value in a matter of days, lowering complexity and cost of ownership. In
addition, it is expected Silver Tail's core transaction and behavioral
analysis technology will help further extend the security analytics
capabilities across RSA's enterprise security solutions portfolio.

Executive Quotes:

Art Coviello, RSA Executive Chairman and Executive Vice President, EMC

"The industry is well beyond the point of providing effective security using
static, perimeter point tools that fail to keep up with dynamic cyber
attackers. Customers need better intelligence, analytics, and the ability to
respond in real time which is a capability that Silver Tail's products do
extraordinarily well to help foil web-based attacks. Silver Tail offers proven
anti-fraud solutions that complement RSA's portfolio of risk-based and
adaptive products and services.

"We see tremendous opportunity with Silver Tail at the intersection of Big
Data and Security to leverage our collective expertise and technologies to
move beyond the hype to execute on the vision of intelligence-driven security
that is risk-based, agile and contextual. Together RSA and Silver Tail can
deliver compelling solutions that leverage session intelligence and Big Data
analytics to help our customers gain better visibility and control risk."

Tim Eades, Chief Executive Officer, Silver Tail Systems

"Stopping cybercrime has never been harder than it is today. The recent
attacks on the North American banking infrastructure are stark reminders of
the pace of innovation in the cybercriminal ecosystem, the convergence of the
fraud and info-security attack techniques and the profound responsibility of
the CISO to help defend against these attacks.

"Silver Tail pioneered an approach that uses web session intelligence to
provide unmatched visibility and the behavioral analysis that detects these
threats and protects web-based platforms around the world. Together with RSA,
we have an incredible opportunity to extend these capabilities beyond what we
do today to protect web-based platforms. Silver Tail's session intelligence
technology demonstrates the capacity to expand the awareness and intelligence
of what is occurring on the network with context, helping to rapidly sift
through data to identify unexpected behavior and apply controls against
advanced threats and malicious attacks."

Additional Resources:

  oLearn more about Silver Tail Systems
  oLearn more about RSA Fraud Prevention solutions
  oLearn more about Trusted IT from EMC 
  oConnect with RSA via Twitter, Facebook, YouTube, LinkedIn and the RSA
    Speaking of Security Blog and Podcast.

About RSA

RSA, The Security Division of EMC, is the premier provider of security, risk
and compliance management solutions for business acceleration. RSA helps the
world's leading organizations succeed by solving their most complex and
sensitive security challenges. These challenges include managing
organizational risk, safeguarding mobile access and collaboration, proving
compliance, and securing virtual and cloud environments.

Combining business-critical controls in identity assurance, encryption & key
management, SIEM, Data Loss Prevention and Fraud Protection with industry
leading eGRC capabilities and robust consulting services, RSA brings
visibility and trust to millions of user identities, the transactions that
they perform and the data that is generated. For more information, please
visit www.EMC.com/RSA.

About EMC

EMC Corporation is a global leader in enabling businesses and service
providers to transform their operations and deliver IT as a service.
Fundamental to this transformation is cloud computing. Through innovative
products and services, EMC accelerates the journey to cloud computing, helping
IT departments to store, manage, protect and analyze their most valuable asset
— information — in a more agile, trusted and cost-efficient way. Additional
information about EMC can be found at www.EMC.com.

EMC and RSA are either registered trademarks or trademarks of EMC Corporation
in the United States and/or other countries. All other products and/or
services are trademarks of their respective owners.

This release contains "forward-looking statements" as defined under the
Federal Securities Laws. Actual results could differ materially from those
projected in the forward-looking statements as a result of certain risk
factors, including but not limited to: (i) adverse changes in general economic
or market conditions; (ii) delays or reductions in information technology
spending; (iii) the relative and varying rates of product price and component
cost declines and the volume and mixture of product and services revenues;
(iv) competitive factors, including but not limited to pricing pressures and
new product introductions; (v) component and product quality and availability;
(vi) fluctuations in VMware, Inc.'s operating results and risks associated
with trading of VMware stock; (vii) the transition to new products, the
uncertainty of customer acceptance of new product offerings and rapid
technological and market change; (viii) risks associated with managing the
growth of our business, including risks associated with acquisitions and
investments and the challenges and costs of integration, restructuring and
achieving anticipated synergies; (ix) the ability to attract and retain highly
qualified employees; (x) insufficient, excess or obsolete inventory; (xi)
fluctuating currency exchange rates; (xii) threats and other disruptions to
our secure data centers or networks; (xiii) our ability to protect our
proprietary technology; (xiv) war or acts of terrorism; and (xv) other
one-time events and other important factors disclosed previously and from time
to time in the filings of EMC Corporation, the parent company of RSA, with the
U.S. Securities and Exchange Commission. EMC and RSA disclaim any obligation
to update any such forward-looking statements after the date of this release.

SOURCE EMC Corporation

Website: http://www.emc.com
Contact: Kevin Kempskie of RSA, the Security Division of EMC, +1-617-413-4333,
kevin.kempskie@rsa.com, or Matthew Podboy of Voce Communications for Silver
Tail, +1-415-975-2223,mpodboy@vocecomm.com
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