Citadel Security Software Joins The Cyber Security Industry Alliance
Washington, D.C. – March 11, 2004 – The Cyber Security Industry Alliance, a non-profit organization launched last month by a dozen innovative security software, hardware and service vendors, today announced that Citadel Security Software Inc. (OTCBB: CDSS), a provider of vulnerability management solutions through automated vulnerability remediation (AVR) and policy enforcement, has joined the group as a Charter Member.
The CSI Alliance includes representatives from all facets of the cyber security industry, from firewall and intrusion detection systems, to managed security services, to encryption and identification management, and now, with the inclusion of Citadel Security Software, vulnerability management.
The CSI Alliance’s mission is to improve cyber security through public policy initiatives, public sector partnerships, corporate outreach, academic programs, alignment behind emerging industry technology standards and public education.
Steven B. Solomon, CEO of Citadel Security Software, will sit on the Alliance’s Board of Directors. The other Board seats are held by the leadership of the founding members: BindView Corp.; Check Point Software Technologies Ltd.; Computer Associates International, Inc.; Entrust, Inc.; Internet Security Systems Inc.; NetScreen Technologies, Inc.; Network Associates, Inc.; PGP Corporation; Qualys, Inc.; RSA Security Inc.; Secure Computing Corporation; and Symantec Corporation.
“We’re proud to announce Citadel Security Software as our newest member,” said Paul Kurtz, Executive Director of the CSI Alliance. “Citadel’s expertise in facilitating compliance with organizational security policies and federal mandates is a welcome addition to our collective body of knowledge, as is the company’s insight into the issues of automated vulnerability management.”
“As government regulators continue to mandate privacy and security measures, particularly for specific industries, we see a great need to educate policy makers on the specific security challenges organizations face and the best practices and technology solutions the private sector has developed to ensure proactive protection,” said Solomon. “We are pleased to be a part of the organization and believe that working together with our industry peers we can help define policies that will lead to improved cybersecurity.”
With the addition of Citadel Security Software, the CSI Alliance represents an even larger segment of the industry: collectively, more than $3.8 billion in revenue (excluding certain private member companies), nearly 15,000 employees, and total market capitalization of more than $36 billion (including Computer Associates as a whole).
“The CSI Alliance represents a significant constituency in the cyber security industry,” said Kurtz. “As we develop our initiatives and start to deliver on our objectives, I’m confident that our reach will continue to grow.”
About the CSI Alliance
Launched in February 2004 by a group of cyber security software, hardware and services companies, the CSI Alliance is an advocacy group whose mission is to enhance cyber security through public policy initiatives, public sector partnerships, corporate outreach, academic programs, alignment behind emerging industry technology standards and public education. The CSI Alliance is the only public policy and advocacy group comprised exclusively of security software, hardware, and service vendors that is addressing key cyber security issues.
Members of the CSI Alliance include BindView Corp. (NASDAQ: BVEW); Check Point Software Technologies Ltd. (NASDAQ: CHKP); Citadel Security Software Inc. (OTCBB: CDSS); Computer Associates International, Inc. (NYSE: CA); Entrust, Inc. (NASDAQ: ENTU); Internet Security Systems Inc. (NASDAQ: ISSX); NetScreen Technologies, Inc. (NASDAQ: NSCN); Network Associates, Inc. (NYSE: NET); PGP Corporation; Qualys, Inc.; RSA Security Inc. (NASDAQ: RSAS); Secure Computing Corporation (NASDAQ: SCUR) and Symantec Corporation (NASDAQ: SYMC).