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Magnifire Releases TrafficShield Version 2.0, the First to Feature True JavaScript and Dynamic Parameter Security

Supports Distributed Architectures with Highest Level of Scalability and Redundancy for the Financial Services Sector

MagniFire Websystems, a leading provider of web infrastructure security solutions, announced today the release of TrafficShield version 2.0 with two new "firsts" in the protection of complex web-based applications. Developed in response to demand from the financial services sector, TrafficShield 2.0 introduces protection for both JavaScript and dynamic parameters. TrafficShield 2.0 also offers an improved clustering architecture, allowing it to scale gracefully from a single-box solution serving one business unit to a fully distributed architecture spanning the enterprise. The new product is available through MagniFire's direct and channel sales operations worldwide today.

Regulatory compliance, identity theft and losing customer trust are the three things keeping CIOs and CSOs awake at night. "Financial service companies rely heavily on thin client applications to service their customers and remain competitive," according to Pete Lindstrom, Research Director for Spire Security. "Protecting these applications is of paramount concern as legislation like California's SB 1386 and GLBA will hold these executives accountable for security breaches."

TrafficShield 2.0 offers several features specifically required by major financial institutions. According to Eitan Bauch, CEO of MagniFire, "Financial services companies are pushing the limits of what can be done in a web browser, often using sophisticated scripting capabilities in the client code. TrafficShield 2.0 is the only product to date that can provide the comprehensive protection these institutions require."

TrafficShield 2.0 includes the following new features:

Dynamic Parameter Security: Sophisticated financial services web pages often include parameters that rely on dynamically generated content. Hackers typically exploit this area of vulnerability by changing the information in the browser to post altered, illegitimate requests from the manipulated page. Such hacks cost banks and online businesses millions of dollars annually and often go on undetected. TrafficShield 2.0 introduces a bi-directional engine that checks dynamic parameters in real-time to ensure that data remains consistent and appropriate to the user without impacting latency.

JavaScript Security: As financial services companies move from fat-client to thin client applications, protecting JavaScript is of paramount concern. While other web application security solutions ignore JavaScript, TrafficShield 2.0 is the only platform of its kind that can read and understand JavaScript and automatically apply an appropriate security policy. As financial services organizations deploy more and more highly complex web applications, TrafficShield 2.0 enables them to leverage the advantages of JavaScript while maintaining the highest levels of application security.

Distributed Architecture Capabilities: Enterprises today have highly decentralized network architectures whose applications and resources are dispersed based on geography, business functions, disaster recovery and redundancy needs, making application protection a serious challenge. Every TrafficShield appliance contains three unique engines, including network firewall, application firewall and management console functionalities. Each box can run independently as its own complete solution but can also be combined to scale to enterprise levels by automatically specializing in an individual function. TrafficShield 2.0 allows companies to efficiently extend a single investment in application security into an enterprise-level system, while conforming to regulations and maintaining best practices.

"TrafficShield 2.0 gives CSOs and CIOs the ability to bridge the gap between network security and application development by allowing security staff to maintain control of application security at the network level, while allowing application developers to concentrate on functionality, satisfying both customers and regulators in the most efficient way possible," noted Bauch.

About MagniFire:

MagniFire Websystems is a leading provider of comprehensive web infrastructure security solutions. Its automated Application Flow Model creates, tailors and enforces security protocols for each application and automatically updates these protocols when changes to the application occur. MagniFire's highly scalable and flexible platform, TrafficShield 2.0, enables businesses to protect their most critical data, applications and customer relationships with a low total cost of ownership. Headquartered in New York with R&D facilities in Israel and sales offices in the UK, MagniFire is backed by premier venture firms including JVP, Lucent Venture Partners and other top tier private investors.

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