Partnership targets rapid expansion for next generation application security product- IndusGuard

Vadodara, Gujarat -- (SBWIRE) -- 06/13/2012 -- Indusface, an award winning application security organization, and Misoft, Vietnam's leading information security company have recently developed a strategic partnership to strengthen application security for businesses in Vietnam. Misoft is a dedicated partner for IndusGuard, the total application security product from Indusface. Since its inception in May 2001, Misoft has been recognized as a fast and strong growth information security company in Vietnam.

Vietnam is an emerging player in the technology market with a strong growth potential due to a relatively young growing population. Vietnam's IT spending in 2010 was estimated by Gartner at $3.2 billion. According to Business Monitor International, the Vietnamese IT market is estimated to grow at a CAGR of 16% over the 2011-2015 period. The addressable domestic market for IT products and services is projected by BMI to reach US$4.1bn by 2015. An increasing number of Vietnamese companies have shown an interest in cloud services. Factors such as rising PC and mobile penetration, economic growth, a range of government ICT initiatives and a drive to develop Vietnam's domestic IT industry will help to sustain continued expansion going forward.

However, the increasing number of online hacking cases in Vietnam has negatively affected individuals and organizations both domestically and internationally. This has made the need for enhanced web and mobile application security in Vietnam a necessity and the country has been working persistently towards a comprehensive information security system bound together by heightened internet security, electronic commerce, and electronic banking. Vietnam ranked fifth among 10 nations worldwide most at risk from information insecurity in 2010, according to the Vietnam Information Security Association (VNISA). Since then, the Vietnamese government and companies alike have been persistently working towards ramping up security.

"With hackers finding new ways daily to attack and compromise priceless data, the requirement to augment application security has become crucial. The need for a comprehensive solution to provide total online security is becoming the mandate. IndusGuard fulfills this need with its enterprise class management features by providing total application security using a unique hybrid model which ensures the best of world mix of automated scanning combined with manual testing for the strongest possible breadth and depth of security coverage whilst adhering to global standards. Misoft will be launching this as a whitelabeled service WebGuard in Vietnam" DR Thanh VQ, CEO, Misoft.

"We are continuously looking to expand IndusGuard's reach on a global scale and are extremely pleased with our venture into Vietnam via our strategic partnership with Misoft. This partnership is addressing the application security requirements for organizations in Vietnam. Misoft has a clear understanding of the Vietnam information security market and are well known as a company that delivers security with their in-depth experience in designing, implementing and supporting security solutions across this region" .said Venkatesh Sundar, VP Business Development, Indusface.

About Indusface
Indusface is a privately-held, award winning, innovative, visionary, fast growing security company, trusted by fortune 500 organizations across the globe. Indusface helps safeguard websites, web and mobile applications using its flagship product IndusGuard, giving customers the distinctive edge of having total website and mobile application security.

The application level which is extremely susceptible to attacks is frequently exploited by hackers who exploit system, application and business logic vulnerabilities to compromise websites, exposing them to online threats and at times implanting malware. IndusGuard by Indusface helps organizations secure their website, web and mobile applications with its zero touch, non intrusive, cloud based architecture and next generation technology giving customers the unique advantage of total website security. IndusGuard does daily, automated, comprehensive, accurate scanning of websites for systems and application vulnerabilities, and malware and helps organizations remediate these defects.

With IndusGuard, Indusface helps organizations to improve and strengthen their security posture thereby achieving strategic information security objectives. Indusface's powerful solution for total website and mobile application security helps organizations to focus more on business continuity, enable brand protection, strengthen customer relationships, increase productivity and profits. IndusGuard empowers security teams to keep web threats at bay, manage risk, and maintain compliance and regulations.

Indusface caters to more than 400 satisfied customers worldwide, which includes Fortune 500 organizations belonging to various industry verticals and enjoys global security partnerships.

Indusface is a Deloitte Technology Fast 50 India, Nasscom Emerge 50, ChannelWorld Premier 100 and Red Herring Top 100 Asia award winning organization.

For more information on Indusface, visit http://www.indusface.com.

About MISOFT
Software Development and Technology Promotion Joint Stock Company (Misoft) is the Vietnam's leading in Information Security. Misoft, partner and Authorized Distributor of the global leader in information security as Check Point, Trend Micro, Internet Security Systems, Crossbeam, Websense, Entrust, … specializes in providing consulting services, training services for Information Security, providing network security products (hardware and software), implementing and supporting network security systems. Since its inception in May 2001, Misoft has been recognized as a fast and strong growth Information security company in Vietnam. Misoft is known as a company that delivers professional services with extensive experiences in designing, implementing and supporting security solutions of large network, specializes in both Finance - Banking and Telco markets. For more information please visit http://www.misoft.com.vn

Sources – Gartner Market Insight: IT Services Market Assessment, Vietnam, 2011 and BMI/Fast Market Research Press Release http://www.pr-inside.com/recently-released-market-study-vietnam-r2761733.htm

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Aims at rapid expansion in UAE for its next generation website security product - IndusGuard

Vadodara, Gujarat -- (SBWIRE) -- 03/26/2012 -- Indusface, an award winning information security organization, is pleased to announce its partnership with Telelogix IT Services, a leading IT & telecom managed services organization headquartered out of UAE. Telelogix will be the authorized sales arm for IndusGuard, the flagship product of Indusface in UAE.

IndusGuard by Indusface is a zero touch, non intrusive, cloud-based software that provides daily monitoring and scanning to secure and safeguard websites whilst checking for systems, application vulnerabilities, and malware. IndusGuard helps safeguard information security on the web by performing daily vulnerability assessment, application audit and malware monitoring. It provides expert reports and remediation plans to keep websites and web applications running smoothly. The solution greatly reduces the time, risk and cost of finding and fixing web vulnerabilities and malware. It therefore allows businesses to meet compliance and audit requirements.

Telelogix presents a great MSSP offering for Indusface due to its huge presence in the UAE market. As Indusface looks forward to grow its business, Telelogix is an able partner to facilitate this expansion in UAE. This will be made possible through the channels that already exist for them in the market. The partnership will make Indusface's foray into UAE a more fruitful venture as they will have access to existing customers as well. With website owners becoming conscious about the safety of their online property, a security offering that provides daily web security becomes mandatory. This is where Indusface is stepping in.

"IndusGuard is a great fit and it helps strengthen our value proposition to our customers. This product is known for its comprehensive web security comprising of vulnerability assessment, application audit and malware monitoring. Therefore, with IndusGuard we will be able to provide a more in depth web security solution to customers in the UAE. We are also excited about the flexibility of use this application will offer at competitive rates. We are enjoying immense value and traction in this relationship given the interest shown by multiple customers, and already one of the fastest growing financial institutions in this region has come on board for IndusGuard." said Mr. Lerrick Dlima, Country Manager, Telelogix.

"Keeping in line with our plans to expand overseas, we are happy to partner with Telelogix in UAE. This is a great platform for us because we get access to channels in a country with immense potential. We are keen on changing the way information security is perceived here with our path breaking product IndusGuard. I would like to applaud Telelogix for taking a leadership role with the goal of bringing new innovation and security services to this market." said Mr. Venkatesh Sundar, Vice President, Business Development of Indusface.

About Indusface
Indusface is a privately-held, award winning, innovative, visionary, fast growing security company, trusted by fortune 500 organizations across the globe which helps safeguard websites and web applications using its flagship product IndusGuard.

The web application level which is extremely susceptible to attacks is frequently exploited by hackers who exploit system, application and business logic vulnerabilities to compromise websites, exposing them to online threats and at times implanting malware. IndusGuard by Indusface helps organizations secure their website and web applications with its zero touch, non intrusive, cloud based architecture and next generation technology. IndusGuard does daily, automated, comprehensive, accurate scanning of websites for systems and application vulnerabilities, and malware and helps organizations remediate these defects.

With IndusGuard, Indusface helps organizations to improve and strengthen their security posture thereby achieving strategic information security objectives. Indusface's strong solution for website and web application security helps organizations to focus more on business continuity, brand protection, long lasting customer relationships, increased productivity and profits, whilst leaving the security empowerment to IndusGuard enabling security teams to keep threats at bay, manage risk and maintain compliance and regulations.

Indusface caters to more than 400 satisfied customers worldwide, which includes Fortune 500 organizations belonging to various industry verticals and enjoys global security partnerships.

Indusface is a Deloitte Technology Fast 50 India, Nasscom Emerge 50 and Red Herring Top 100 Asia award winning organization.

For more information on Indusface, please visit http://www.indusface.com

About Telelogix
Founded in 2006, Telelogix is a leading IT Services technology organization in UAE & KSA. Partnering with leading Global technology organization, we specialize in services and solutions that meet the distinct needs of today's demanding and ever changing businesses. We are an ISO 20001 for IT Service Management & regions first MSPA accredited Service provider (MSPA-Managed Services Partner Alliance). Our full services portfolio combines traditional IT and Remote Infrastructure services with knowledge-based services such as Managed IT Services, Consulting and Out-tasking. This enables us to provide integrated solutions that help recognize value quickly by reducing costs and improving business agility. With total staff strength of 180+ team members in the region, we operate in the region with our delivery centers in Dubai, Abu Dhabi & Riyadh in Saudi Arabia.

For more information on Telelogix, visit http://www.telelogix.net

Media Contact
Purnima Rajta Dhillon
Indusface
T: +91 80 65608571
E: media@indusface.com

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