Percipient Networks Introduces Strongarm, a Simple and Effective Way of Neutralizing and Removing Malware

WAKEFIELD, Mass.--()--Percipient Networks, a developer of sophisticated, cloud-based malware solutions for fast-growing businesses without high cost and complexity, today announced the commercial launch of its signature product, Strongarm.

Strongarm is a simple and automated malware solution that aims to give businesses of all sizes the ability to respond to, and protect against, malware threats in real time, regardless of the size of their IT staff or budget. The technology is able to detect and immediately neutralize attacks from malware such as ransomware and botnets, and then automatically take action to prevent damage to a business. When a malware is identified, operators know they’re being notified about a real attack, not a false alarm that can waste time and resources.

Incident responders also gain a dramatic improvement in time-to-resolution from the blackhole capability of Strongarm. The technology maintains an ongoing communication link with the victim system, pulling details about the malware that are typically lost by other solutions that just block and drop. By identifying the specific machine that was compromised and pulling details about the attacker, Strongarm can often remediate the malware with a single click. Security personnel also have a better picture of the situation so that they can more effectively protect against future attacks.

Strongarm is ideal for fast-growing small- and mid-sized businesses that are looking for a solution that offers the sophisticated capabilities of an enterprise-level system without a high cost of entry. As a cloud-based platform, Strongarm can scale as a business grows and offers streamlined protection across desktops, laptops, tablets and any bring-your-own-device that connect to a company’s network.

Managed Service Providers (MSPs) that adopt Strongarm gain a high-margin service offering for their customers as well as a capability that opens up additional services such as incident response, forensics, and continuous monitoring. Traditionally, these services could only be delivered by an elite set of security experts. Strongarm’s ability to automatically block malware and pinpoint details about infections can expand service offerings and improve how MSPs perform incident response.

“Most existing solutions focus on keeping malware out, but there’s always a way for malware to sneak into a company’s internal systems,” said Todd O’Boyle, Chief Technology Officer, and co-founder of Percipient Networks. “Strongarm focuses on blocking outbound communication from malware, which is where most damage comes from and how data is compromised, in order to protect intellectual property and sensitive information.”

O’Boyle developed the technology with co-founder Stephen DiCato while at The MITRE Corporation to help protect U.S. government agencies from cyber attacks. Interested in applying their knowledge and expertise for the benefit of the broader economy, they founded Percipient to deliver a solution for the commercial market. Backed by Boston-based Allied Minds, the Percipient Networks team has now refined Strongarm so that it has the ability to cast a wide net of protection across all levels of private enterprise.

More information about Strongarm can be found at strongarm.io.

Percipient Networks is a subsidiary of Boston-based Allied Minds (LSE: ALM).

About Percipient Networks
Founded in 2014, Percipient Networks aims to help businesses protect themselves and their customers from IT security threats. Their flagship product, Strongarm, is an efficient way to stop malware from damaging your business. Strongarm’s simple and automated malware protection keeps data safe while minimizing complexity. Strongarm works to help businesses of all sizes effectively safeguard their assets, including sensitive customer information and valuable intellectual property, against malware threats —without the need for enterprise-sized IT staff or security budgets. Having originated in a government research lab, Strongarm’s technology helps businesses keep networks secure and respond to threats in real time by seamlessly integrating with existing systems. Save time and protect your reputation by catching and responding to malware before it’s too late. To learn more, visit strongarm.io.

About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.

Allied Minds Forward-Looking Statement
This press release contains statements that are or may be forward-looking statements, including statements that relate to the company’s future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risks and uncertainties described in the risk factors included in the company’s regulatory filings. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Listing Rules and the Disclosure and Transparency Rules, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

ArcPoint Strategic Communications
Christine Dunn, 617-484-1660, x101
cdunn@arcpointstrategy.com

Release Summary

Percipient Networks, a developer of sophisticated, cloud-based malware solutions for fast-growing businesses without high cost and complexity, announced the launch of its signature product, Strongarm

Contacts

ArcPoint Strategic Communications
Christine Dunn, 617-484-1660, x101
cdunn@arcpointstrategy.com