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Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

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Page 1: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Into the Breach: Preventing Data Theft

Strong Bear LLCPalisade, Colorado

June 2010

Page 2: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Data Theft – A Real Security Threat

Sensitive laptops stolen from Fla. health insurance providerFebruary 11, 2010

Thief steals 57 hard drives from BlueCross BlueShield of TennesseeFebruary 10, 2010

Missing Army external hard drive could affect 60,000November 16, 2009

Average total cost per data theft

incident in 2009: $7.3 million.

Page 3: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Student Loan Data Missing

Student Loan Company: Data On 3.3M People StolenBy STEVE KARNOWSKI, Associated Press WriterMarch 26,2010

A company that guarantees federal student loans said Friday that personal data on about 3.3 million people nationwide has been stolen from its headquarters in Minnesota. Educational Credit Management Corp. said the data included names, addresses, Social Security numbers and dates of birth of borrowers, but no financial or bank account information. The data was on "portable media" that was stolen sometime last weekend, ECMC said in a statement. Company spokesman Paul Kelash wouldn't specify what was taken, citing the ongoing investigation, but said there were no indications of any misuse of the data.

www.channel4000.com/news/22971519/detail.html

Page 4: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DOD lifts ban on USB drives

Department again allows use of removable mediaBy Kevin McCaneyFeb 18, 2010

The Defense Department has lifted its 15-month-old ban on USB drives and other portable media, a restriction that had made life difficult for DOD personnel.

The ban was issued in November 2008 by the U.S. Strategic Command after a virus, a variation of the SillyFDC worm, was found to be spreading through military networks by copying itself from one removable drive to another. The ban covered all forms of USB flash media, such as thumb drives, memory sticks and cards, and camera memory cards, as well as some other removable media.

gcn.com/Articles/2010/02/18/DOD-lifts-USB-drive-ban.aspx

Page 5: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

About Strong Bear

• A technology development company based in Palisade, Colorado (outside Grand Junction)

• Developer of Device Detection System (DDS), a security software product that monitors and reports all drive activity IN REAL TIME on all devices that are connected to an organization’s network.

Strong Bear is seeking an asset sale of its Device Detection System technology.

Page 6: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Device Detection Systems (DDS)

• DDS is a client-server security software application that:– Protects proprietary company data from theft, loss

and intrusion through a removable media device.

• DDS is scalable and easily integrated into the existing PC environment.– DDS will not interfere with anti-virus, firewall, or

spyware protection software.

• DDS runs on OS platforms Windows XP and above.– DDS has been tested on all Windows Server software.

Page 7: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS Client and Server

DDS is transparently downloaded to all client

workstations. Its operation is invisible to the user.

The server software monitors media devices attached or removed at

client workstations.

Page 8: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS Alerts

When an unregistered device is detected by the client monitoring software an alarm is generated

by the server. DDS logs the intrusion of this unauthorized device and reports it IN REAL TIME to

the IT department.

Page 9: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS PC Tracker

DDS can track lost or stolen computers and notify the IT department when that computer connects to

the internet.

Page 10: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS Threat Prevention

• Monitors all media devices attached to a computer such as hard drives, flash drives, cell phones, digital cameras, etc.

• Tracks file activity on media devices.• Creates history file of all client activity.• History file may be used to comply with

Sarbanes-Oxley Act (SOX.) Can be saved in customizable formats.

• Tracks lost or stolen client computers and laptops.

Page 11: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS Market Readiness

• DDS is market-ready.• Product manual written. • DDS code has been internally tested.• DDS has an estimated 12-month head

start.• DDS is patent-pending.

Page 12: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Security Market: Multi-billion and Growing

• Gartner Group estimated that the global market for security software was $14.5 billion in 2009. – Gartner also estimated that it will grow to $16.3 billion in 2010 based

on 13% predicted increase. • Source: http://www.scmagazineus.com/gartner-finds-it-security-spending-up-

eight-percent/article/149366/– Gartner also predicts that security spending will rise more than 5% in

2010: • Source: http://blogs.gartner.com/adam-hils/2009/12/22/security-spending-to-

rise-more-than-5-in-2010/ • IDC believes the worldwide IT security market will grow to  $37.8

billion by 2013: – Source: http://www.enterprise-security-today.com/news/Security-Firms-

Await-Spending-Surge/story.xhtml?story_id=013000YEXFZ7• Forrester predicts that 40% of companies will increase their IT

security spending in 2010: – Source: http://www.eweek.com/c/a/Security/IT-Security-Spending-

Expected-to-Increase-for-Enterprises-SMBs-532369/ • Strongest vertical market: Government 

Page 13: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Endpoint Protection Magic Quadrant

Gartner Group defines all PC security as “Endpoint Protection”.

DDS will help niche players advance one quadrant.

Page 14: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS is Different

• Symantec Endpoint Protection offers a complete package of anti-virus and spyware protection. Symantec also closes off USB ports and drives. No part of this package is similar to DDS since DDS does not close off ports or drives, but instead monitors them and reports any access as it occurs IN REAL TIME.

• Sophos Safeguard provides data encryption for PCs. DDS DOES NOT ENCRYPT DATA but will operate seamlessly with Safeguard to monitor all media devices attached to the PC.

Page 15: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS is Different

• McAfee Device Control protects company data by defining security policies which dictate what data can be transferred to removable media and what cannot. DDS tracks the media devices and pinpoints users who have accessed this data.

• Panda Security for Business offers a complete anti-virus protection. DDS in addition tracks the media devices attached to a workstation for even better layered security.

Page 16: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS is Different

• Microsoft Forefront is identity management software. This product only allows properly identified users access to a computer system. DDS gives additional security tracking by logging all removable devices attached to the client computer even if the user is pre-authorized.

• Eset’s Smart Security provides extensive anti-virus protection. DDS augments that protection by monitoring removable media devices and alerting the network admin when an unauthorized device is used, which could potentially infect the network.

Page 17: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

DDS is Different

• CA HIPS provides intrusion detection and prevention in a software suite. DDS augments this by continuous tracking of removable media.

• eEye’s Blink anti-virus is breaking new ground with their new methods of virus detection. DDS provides intrusion detection to this service by alerting network authorities of unauthorized media devices used by authorized clients.

Page 18: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Management Team

• Suzan Bernhard – CEO– Co-Owner, Strong Bear LLC, Palisade CO– Owner, Tax Etc. Inc., Tucson AZ – Manager, Executive Tax Office, Tucson, AZ– Industrial Real Estate Broker, Robert A. Polachek Co., Milwaukee, WI – Teacher, Continuing Education and Advanced Tax Preparation, H & R

Block, Tucson AZ– Teacher, Business English, Roosevelt University

• BA, MA in Sociology, Roosevelt University, Chicago, IL

• Rodney Roberts – CTO– Co-Owner, Strong Bear LLC, Palisade CO– IT Manager, Endovascular Technologies, Menlo Park, CA– Civil Engineer, Polydyne Engineering, AK; Alaska Engineers &

Surveyors, AK; M&R Surveying, AK

• Ron Gardner – Chief Engineer– Teacher, Computer Programming, IntelliTec Colleges – Software Engineer, Ametek/Dixon, Grand Junction CO; Ada Business

Computers. Ada OK; Jarman Technologies L.L.C, Paul’s Valley OK

Page 19: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Asset Offering

• Strong Bear intends to sell its patent-pending technology as part of a strategy to monetize its IP portfolio and find the right vehicle for its solution to be represented in the market.

Page 20: Into the Breach: Preventing Data Theft Strong Bear LLC Palisade, Colorado June 2010

Contact

• Robert FerriPrincipalNagle-Ferri555 Florida StreetSuite 220San Francisco, CA 94110

[email protected]

• (415) 575-1589

• Karla TrippePresidentTrippe & Company10955 Westmoor Drive4th FloorWestminster, CO 80021

[email protected]

• (970) 389-3672