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For Immediate Release MITSUBISHI CORPORATION AND TRANSDIGITAL SELECT SKYBOX SECURITY PRODUCTS AND SERVICES TO DEVELOP JAPANESE MARKET FOR IT SECURITY RISK MANAGEMENT (IT SRM) SOLUTIONS Strategic Collaboration Validates Global Need for IT SRM Solutions Tokyo, Japan and San Jose, CA - March 9, 2006 - Mitsubishi Corporation, TD Security CO., Ltd (TransDigital) and Skybox® Security, Inc. today announced a strategic collaboration to develop the market for IT Security Risk Management (IT SRM) solutions in Japan. Mitsubishi and TransDigital selected Skybox View™ as the core IT threat assessment and risk quantification solution and will leverage it across multiple service offerings in its go-to-market strategy. This collaboration will allow Japanese enterprises to effectively address their security risk management needs and efficiently promote actions to satisfy internal control requirements obliged by the forthcoming Japanese version of Sarbanes Oxley laws. The agreement includes: • Product localization and translation • Marketing, sales, distribution and support • Managed risk assessment services and consulting Mitsubishi, TransDigital and Skybox will work together with additional partners, including managed security service providers, security products distribution channels and system integrators in order to serve the needs of the entire market. This announcement validates the global need and opportunity for IT Security Risk Management solutions and further solidifies Skybox Security's global leadership position. "Japanese companies are under tremendous regulatory pressure to better understand, document and manage their risk profiles. Skybox View is being applied by customers in the U.S. and EMEA in a broad array of strategic applications and we are delighted to be the first to bring the power of Skybox virtual modeling and simulation to the Japanese market," said Tatsuo Sato, Senior Vice President from Mitsubishi Corporation. "Skybox View provides a strategic framework that will translate effectively into a number of new innovative services to help Japanese companies transform security into a business discipline," said Nobuya Yoshida, CEO from TD security CO., Ltd. IT Security Risk Management (SRM) is defined as the complete process of understanding threats, prioritizing vulnerabilities, limiting damage from potential attacks, and understanding the impact of proposed changes or patches on the target systems. Skybox View's unique modeling and simulation capability enables enterprises to continuously evaluate, improve and monitor their organization's risk profile as well as maximize the investment in multiple layers of security. According to IDC estimates, the IT SRM market is expected to grow from $328 million in 2005 to $500 million in 2007. "Mitsubishi and TransDigital are recognized security solution leaders in Japan with broad reach and market impact. We are thrilled to be chosen as the core solution for this new collaborative offering and are committed to helping our customers worldwide achieve real business value from IT Security Risk Management," said Gidi Cohen, co-founder and Chief Strategy Officer for Skybox Security. About Skybox View The award-winning Skybox View™ is the industry's first integrated Platform of IT SRM applications based upon a modular, flexible and scalable Platform. Today, the Skybox View Platform supports two applications: Skybox Secure™ and Skybox Assure™ . Skybox Secure is focused on managing threats and reducing IT infrastructure risk, while Skybox Assure is focused on managing controls and documenting network policy compliance. Skybox View soaks up infrastructure and security device configurations, evaluates vulnerability scan results, maps security and access controls, as well as classifies business assets. It uses this data to build a virtual model of an organization's IT infrastructure for the purpose of understanding potential threats, running attack and access simulations, analyzing the business impact and determining the right level of countermeasures. The virtual model can be safely attacked, changed and analyzed for the purpose of improving the security profile of the organization as well as validating the impact of proposed network configuration changes in harmony with network policies. This approach enables organizations to achieve a continuous evaluation and improvement of their risk profile as well as maximize the effectiveness of multiple layers of security. About Skybox Security Skybox® Security pioneered the science of quantifiable security risk analysis and is driving the advancement of the Security Risk Management (SRM) market. The company's award-winning product Platform, Skybox View™, is the first and only software solution to create a virtual model and staging environment of an organization's network security and access profile. This virtual model can be safely attacked, changed and analyzed for the purpose of improving the security profile of the network as well as validating the impact of proposed network changes within defined policies. The result is a more secure network, operational efficiency and reduced IT workload. Skybox View Platform supports two major applications - Skybox Secure™ and Skybox Assure™ - through a modular, scalable Platform. Founded in 2002, Skybox is headquartered in San Jose, California and is privately held. Skybox View has been successfully deployed at highly respected Global 2000 companies worldwide. For more information contact (408) 441-8060 or www.skyboxsecurity.com. About Mitsubishi Corporation Mitsubishi Corporation (MC) is Japan's largest general trading company ( sogo shosha ) with over 200 bases of operations in approximately 80 countries worldwide. Together with its over 500 group companies, MC employs a multinational workforce of approximately 48,000 people. MC has long been engaged in business with customers around the world in virtually every industry, including energy, metals, machinery, chemicals, food and general merchandise. About TransDigital Security TransDigital Security offers one-stop security services from consulting to policy formulation as well as software and equipment implementation .
Contact: TransDigital / Mitsubishi Corporation PR Contact: |
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