EUREKA SUCCESS STORY > EUREKA 4986 ALIENVAULT
Self-defence for the Internet age
Published on: 2013-06-13
The ALIENVAULT project helped to position the eponym company as a reference in its sector. Thanks to EUREKA, they developed a security software that is now not only a reference in the field but also an essential component in modern cyber-wars.
The Attack is not always the best form of defence. Earlier this year the U.S. Director of National Intelligence James Clapper listed the top threats to the security of the United States. Right at the top, outranking terrorism, weapons of mass destruction and dwindling natural resources were cyber attacks. In an era when every company and national asset from power plants to transportation systems are linked to the Internet, defending against hackers has become a top priority for every government and corporation.
Formerly Madrid-based AlienVault
, the company is now relocated in the Silicon Valley, is one of the leading vendors of Security Information and Event Management systems – or SIEMs SIEM systems find vulnerabilities, identify threats and monitor for attacks on the IT systems of their customers, allowing them to quickly answer questions like ‘which threats require our attention now?’ or ‘who is attacking us?’ Every large and medium-sized firm in the world needs a SIEM solution to handle the huge volume of security data passing through their information systems.
A GOLDEN YEAR
In the last year AlienVault identified Chinese malware infecting the U.S. Department of Defense, raised $22 million in funding from a number of top Silicon Valley Venture Capital funds and was the 2013 runner up in the EUREKA Innovation awards. In 2008 AlienVault's open source SIEM OSSIM was already the most popular in the world, clocking up over 100,000 downloads a year. The obvious next step was to develop a paid product for the demanding needs of the enterprise market but that would necessitate a considerable R&D effort. The company applied for the EUREKA label, which allowed for a faster development of its new technologies and helped it to access the financial means it needed.
AlienVault wanted to make the new product ten times faster than the existing open source one, analyse the huge volumes of data generated by the hardware and software assets of an enterprise and improve the detection of attacks. Another objective was automated compliance with mandatory security standards -for example the LOPD
Spanish regulation on data protection. These standards oblige organisations to save logs and ensure that they are complete and haven’t been modified. For this reason AlienVault’s project partner was French company Conix Group, an expert in helping organisations to comply with security regulations.
‘IN THE LAST YEAR ALIENVAULT IDENTIFIED CHINSESE MALWARE INFECTING THE US DEPARTMENT OF DEFENSE, RAISED 22 MILLION DOLLARS IN FUNDING.'
By the end of the project in April 2010 the company had made massive improvements to its product, processing 1 GBPs (GigaBytes per second) of data, meeting the deployment and massive storage demands of large companies and improving the intelligence of its detection algorithms to identify attacks and lower the number of false alarms. In June 2010, AlienVault received its first major investment of 4 million dollars
. It's customers now include Telefonica, Metro Madrid and the City of Los Angeles.
When proposing the project to EUREKA, AlienVault stated that ‘the EUREKA label will provide the project with prestigious international awareness and reinforce the brand name of our company.’ Now the company is one of Silicon Valley's rising stars.
Cost > EUR 1.2 million
Duration > 21 months