Yehud, Israel – January 23th 2013 – Magal Security Systems Ltd. (NASDAQ GMS: MAGS) announced that it is expanding its business proposition with integrated physical-cyber protection solutions.
As part of this strategy Magal acquires Websilicon – an Israeli-based leading company in the rapidly growing network management and monitoring markets.
Magal’s new cyber security solutions will monitor, detect and protect against abnormal network activity, both landline and wireless, within and close to protected sites. Cyber and physical events will be managed by the same platform – the Fortis4G, which is already installed in hundreds of sites.
The Cyber Security market
Since digital electronic technology has permeated every aspect of the business, critical sites are now exposed to new threats. The core production technology within sites, utilities, the information systems and even the security system itself – everything is now connected to the cyber world, and thus exposed to cyber threats due the bad and old motivations – terror, crime, hooliganism, espionage, etc. Therefore critical sites can no longer suffice in physical security and IT firewalls; essentially everything has to be protected.
Magal’s Cyber solution
The core solution will be based on advanced communication monitoring – wire-line, mobile wireless and satellite – which will intercept and alert for attacks, worms and other threats. The “sensors” will report into a unified Security Operation Center (SOC) into Fortis4G – a top notch centralized threat command and control platform. The unified SOC will eliminate the current silo approach which artificially disconnect the network security from the physical security and thus save resources and strengthen the overall security.
Since every site is different Magal will use its homegrown products as well as 3rd party products and tailor a turnkey solution for each site, supported by the full span of services: cyber risk and threat analysis, site survey, holistic cyber security Solution design, integration and post sales cyber monitoring, reviews and upgrades.
Eitan Livneh, President and CEO of Magal S3: “The traditional physical threats to sensitive sites are now exacerbated by cyber threats, which have the potential to jeopardize the mission of our customers. Unlike the physical space, deterrence barely exists in cyberspace, and therefore in this cyber decade, seaports, airports, power utilities, cities and in fact, any business cannot be left protected with only physical security.”
Continued Mr. Livneh, “Magal chose WebSilicon due its strong executive and development team, as well as its successful product sales to intelligence and other cyber protection players. Together, we are now positioned to lead the convergence of the physical-cyber security for critical sites.”
