South San Francisco, Calif.—August 15, 2014—In one of the worst security breaches in Internet history, hackers stole massive amounts of credit and debit card information from more than 40 million Target shoppers during the holiday season of 2013. To combat such security threats, the global technology solutions provider Netswitch launched a product that maximizes network security for all businesses, large and small. The MADROC Integrated Security Platform provides complete intrusion detection and prevention, along with event management and immediate alerting and remediation.
MADROC controls and monitors a heterogeneous mix of information technology (IT) from top to bottom at every touch point and is now in use in more than 2,500 client sites around the world.
Netswitch makes MADROC available through a monthly subscription basis that includes all engineering, configuration, tuning, licenses and maintenance, along with a dedicated Security Operations Control Center providing support around the clock, with 15-minute response and immediate remediation.
“We experienced a week-long outage because of a network virus infection last year, which cost us significant time and money to resolve. We chose MADROC to ensure that our network will be secure and that we are protected from similar attacks in the future. We we know we can always count on Netswitch for the smartest and most professionally responsive support,” said Pam Quilici, executive vice president of Crouse and Associates, San Francisco.
As Netswitch ramps up its MADROC network to include Asia Pacific and Australia/New Zealand, the company appointed to its board Ken Chrisman, the lead board member at the Doctors Company, and former chief technology officer for both Wells Fargo and American Express.
Chrisman’s appointment adds expertise and connections in a number of areas to Netswitch’s board. In addition to his experience and credibility in building information technology systems in banking, credit card processing and health care, Chrisman’s current position with the Doctors Company provides crucial insight into security issues related to medical patient records.
According to Chrisman, “This is an important opportunity to use technology to protect personal information and doctor/patient confidentiality. I believe MADROC is poised to revolutionize the personal information security space with enhanced security protection through advanced behavioral analytics, while leveraging the cloud to manage the massive data being generated by doctor and patient record keeping systems.”
Chrisman joins Steve King, another board member who is also the chief operating officer and investor in Netswitch and the creator of MADROC. The Carmel Valley resident has an impressive resume as an entrepreneur (he also founded ManagedPay, acquired by IBM, and the Cambridge Systems Group, acquired by Computer Associates, and as an executive, he ran Blackhawk Systems Group and Endymion Systems among other roles at large companies).
King says that Chrisman’s addition to the board can help Netswitch continue not only to build out MADROC for health care providers, credit card processors and banking organizations—speeding up the pace of innovation in an area that is traditionally slow—but also to help MADROC expand to adjacent verticals where its solutions are also applicable. “Security as a service and the cloud technology behind it is impacting every industry,” King said.