MENLO PARK, CA -- (Marketwire) -- 12/04/12 -- Silver Tail Systems, Inc., the leader in web session intelligence and behavioral analytics, today announced it has been named a winner for Red Herring's 2012 Top 100 Global award, a prestigious recognition honoring the year's most audacious and far reaching private technology companies and entrepreneurs from across the globe.
Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
"This award validates Silver Tail's Big Data approach to gather and analyze mass quantities of information in real time and at scale to deepen visibility into web sessions and mobile traffic," said Timothy Eades, chief executive officer at Silver Tail Systems. "We are honored to be included on the 2012 list of top 100 Global winners in the Americas and it is a testament to Silver Tail System's strategy to leverage data analytics and adaptive risk-based controls for broader consumer and enterprise security use cases."
The rapid evolution of malware and advanced online threats has left growing numbers of online banking, ecommerce and government web sites and their customers vulnerable to attack, account takeover and fraud. Modern-day technologies such as multi-factor authentication, device identification, log analysis and anti-malware are no longer enough, and today's customers need better intelligence, analytics and the ability to respond in real time to truly thwart cybercriminals. Silver Tail Systems' big data approach to cybersecurity delivers the behavioral analysis and visibility that organizations need to understand what is happening before, during and after an attack, and this award recognizes the value and potential of this technology on a global scale.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Global to the Top 100 Winners. We believe Silver Tail Systems embodies the vision, drive and innovation that define a successful entrepreneurial venture. Silver Tail Systems should be proud of its accomplishment, as the competition was the strongest it has ever been."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
About Silver Tail Systems, Inc.
Silver Tail Systems, a leading provider of web session intelligence and behavioral analytics, is protecting some of the world's leading websites against mobile and online fraud and cybercrime. Silver Tail Systems' award-winning solutions are made possible by the unmatched expertise of its management and technology teams, who bring deep experience, know-how and personal commitment to protect their customers' businesses against online fraud. For more information, visit Silver Tail Systems at www.silvertailsystems.com.