Business
Cyber Security Agreement and Contract Win
Cyber Security Agreement and Contract Win.
About this update from Batm Advanced Communications Ltd.
[{"type":"text","content":"\n \nRNS Number : 6742N BATM Advanced Communications Ld 30 July 2014 \n \n\n30 July 2014\n \nBATM Advanced Communications Limited\n(\"BATM\" or \"the Group\")\n \n Joint Collaboration and Marketing Agreement with US Software Giant for Cyber Security Solution\nCELARE, cyber security subsidiary, awarded first Proof of Concept contract, worth $0.5m, under this joint agreement\n \nBATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, is pleased to announce that its cyber security subsidiary, CELARE, has established a joint collaboration and marketing agreement with a major US software company (\"the Partner\") for the implementation and integration of a cyber security monitoring and detection solution for large enterprises.\n \nUnder the terms of the agreement, CELARE and the Partner will offer an integrated network-based cyber protection system combined with Big Data appliances and software tools. CELARE will provide the cyber platform that performs network functions with integrated DPI analysis and full session reconstruction to produce session statistics, metadata and content reconstruction, which will be transferred to the Partner's Big Data solution for recording and further analysis. The Partner's Big Data solution will gather all analyzed network data and relevant content over a period of time creating an indexed database of network behaviour, to enable the investigation of cyber events and the building of correlations over time. \n \nThe combined solution addresses the need for overall network perimeter monitoring and protection, from infrastructure to application level, providing decision makers and security professionals with visibility of what is happening within their networks: investigating network behaviour events and automating the detection of network threats by using anomaly algorithms.\n \nBATM is also pleased to announce that a major customer has awarded CELARE a proof of concept (\"POC\") cyber-security contract for the combined solution. CELARE will integrate its cyber switches and software with the Partner's Big Data appliances and other software tools. The POC contract has an initial value of at least $0.5m and will end during early 2015.\n \nUnd...