Network Box Wins 2011 Hong Kong Awards for Industries - Technological Achievement Grand Award

Network Box Wins 2011 Hong Kong Awards for Industries - Technological Achievement Grand Award

 

Network Box wins the 2011 Hong Kong Awards for Industries, Technological Achievement Grand Award, for its new Z-Scan, in-the-cloud, zero day anti-malware system.

 

The Awards Presentation Ceremony was held on 30 June 2011. The Financial Secretary of the Hong Kong Special Administrative Region, the Honorable John Tsang Chun-Wah, presented the awards to the Grand Award winners, in recognition of their excellence in industrial and service performance. Michael Gazeley, the Managing Director of Network Box, represented Network Box on stage to receive the trophy, at the Hong Kong Convention and Exhibition Centre that night.

 

The Hong Kong Awards for Industries was officially launched in 2005 by merging the former Hong Kong Awards for Industry and Hong Kong Awards for Services, established in 1989 and 1997 respectively, to rationalize and update the two awards. The merged Awards continue to recognize the outstanding achievements of Hong Kong enterprises in their move towards higher technology and higher value-added activities.

 

Hackers and virus writers never sleep. New malicious and undesirable content is added to the Internet every minute of every day. Installing a security system and leaving it unmanaged and out-of-date is not enough. Only a complete, managed, and monitored security service is going to keep hackers, viruses, spyware, spam, and undesirable content at bay.

 

 

Network Box’s new ‘Z-Scan’ anti-malware technology focuses on reducing the time taken to obtain malware samples, and to produce anti-malware signatures. The purpose of ‘Z-Scan’, is to bring that timeframe down from the current industry standard of several hours, to less than one minute. Indeed, best times of just 3 seconds are being seen in the field.

 

Traditional anti-malware technology is important, and has its place, dealing with the roughly 6.8 million computer worms, Trojans, spyware and viruses out there. ‘Z-Scan’ however, is a new approach which deals new ‘zero day’ viruses, which may be making the rounds on the Internet at any given time. When ‘Z-Scan’ was first launched, there were typically less than 150 zero day viruses live on the internet. Right now, there are more than 53,000 such viruses, and the numbers are continuing to grow exponentially.

 

With a reaction time of just 3 seconds in many cases, this is a far cry from the 3, 12, or even 20 hours, traditional anti-virus vendors are often taking to protect their customers. Waves of this (unfortunately) state-of-the-art malware, are hitting the Internet, at levels we have never seen before.

 

On the Internet, out of date, often means out of luck.

 

Network Box is a leading Managed Security Service Provider. Apart from Z-Scan Anti-Malware technologies, Network Box’s Unified Threat Management also includes Firewall, VPN, IDP, M-Scan Anti-Malware, Anti-Spam, Content Filtering, Data Leakage Protection, Vulnerability Scanning, and Network Box’s award-winning real-time PUSH update technology, 24x7 monitoring, and expert remote management, which protect against both known and unknown cyber threats.