Tag Archive for: Snare

Prophecy International Announces Strategic Partnership with Novacoast

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Prophecy International Announces Strategic Partnership with Novacoast

Prophecy International and Novacoast partnership aims to provide best-of-breed cybersecurity services and software to public and private sector organizations worldwide

Denver, Colorado – Software development specialists Prophecy International Holdings Ltd (ASX:PRO), have announced a strategic partnership with Novacoast, a leading full-service cybersecurity and IT consultancy working with public and private sector organizations across several global markets. The partnership will make Prophecy’s flagship cybersecurity logging software Snare available to Novacoast customers as a powerful tool to help organizations improve their cybersecurity posture while also meeting critical business requirements.

“Novacoast is one of the most reputable firms in the cyber market,” says Prophecy CEO Brad Thomas. “By partnering together, we will be able to provide joint customers across the world with the most comprehensive logging solutions available, which is an incredibly powerful tool for any security operations center (SOC) or IT team to have in their arsenal.”

Designed and built for military and defense, Snare’s market-leading log management and secure log transit capabilities will help joint customers meet ever-evolving global cybersecurity standards while also helping meet business requirements:

  • Improve Compliance & Security while Reducing Cyber Costs: Snare unlimited data storage has helped save customers millions in annual storage costs. Additionally, the ability to store unlimited log data helps to ensure that logs are stored properly for compliance and the reduction in cost means that all critical logs can be captured and stored for security and forensics.
  • Improve Threat Hunting Speed: Snare automated alerts enable a SOC or analyst to respond to anomalous activities in real-time.
  • Meet Reporting Obligations & Mitigate Threats with Enhanced Investigation Capabilities: Snare Database Activity Monitoring, File Integrity Monitoring (FIM), File Access Monitoring (FAM), Registry Activity Monitoring (RIM), and Registry Activity Monitoring (RAM) provide security teams with the most detailed event log data available to identify who got in, what they took, and how they got in a matter of minutes vs months.

“Our partnership with Prophecy has been exceptional.” stated Paul Anderson, CEO of Novacoast. “We are thrilled to add their technology into our offerings for our Security Operations and Threat Hunting teams to help our existing customers and prospects. This strategic move reinforces our position in the market and sets us apart as a true differentiator.”

For any questions about the partnership or to inquire about Snare’s centralized log management solutions, please contact Snare’s Director of Partner Alliances, Warren Alexander, at: walexander@prophecyinternational.com

For information about Novacoast, please contact: Info@novacoast.com or (800) 949-9933.

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About Prophecy

About Prophecy International Holdings Limited Prophecy International Holdings Limited (ASX: PRO) is a leading Australian designer and developer of innovative business software. Through its two products, Snare and eMite, Prophecy serve the large and growing global markets of contact center analytics and cybersecurity. CX Intelligence by eMite provides a SaaS-based real-time and historical analytics platform, dashboards, wallboards, KPI, and orchestration products for customer experience. The Snare product suite is a highly scalable platform of centralized log management and security analytics products designed to enable customers to detect and manage cyber threats in real-time and maintain regulatory compliance.

Prophecy operates globally from Adelaide and Sydney in Australia, London in the United Kingdom, and in Denver, USA.

About Novacoast

Novacoast is an international cybersecurity company specializing in IT services and software development. With a 25+ year history in the industry, Novacoast has built and maintains IT security solutions for some of the world’s largest private and public organizations. Our team is comprised of hundreds of specialists with backgrounds in IT advisory, development and engineering, and managed services. Together, we’re committed to identifying unique ways to improve the productivity and security of our customers.

Prophecy International Contact
Paige Montgomery
Global Director, Market Development
pmontgomery@prophecyinternational.com

Prophecy International Announces Strategic Partnership with Four Inc.

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Prophecy International and Four Inc. partnership will enhance the threat hunting and investigation capabilities of U.S. state, local, and federal government agencies

DENVER AUGUST 11, 2022

Prophecy International Holdings Ltd (ASX:PRO), today announced a strategic partnership with Virginia-based federal IT (Information Technology) contracting consultancy Four Inc.. The partnership will enable Four Inc. to introduce Snare, Prophecy’s flagship cybersecurity product and market-leading log management solution, to the firm’s state, local, and federal government customers.

“Four Inc. has an incredible reputation for offering trusted IT and financial consulting services to U.S. government and defense agencies. The addition of Four Inc. to our partner ecosystem is in-line with Prophecy’s global focus on developing strategic partnerships that help us bring-best-of breed cybersecurity solutions and services to customers across the globe,” says Bill Jessen, Federal Government Director of Sales for Snare.

Designed and built for military and defense, Snare’s reliable log management and secure log transit capabilities will help joint customers comply with Executive Order 14028 and similar cybersecurity mandates calling for improvements in cybersecurity posture and specifically log management practices for U.S. government agencies, critical infrastructure agencies, and organizations within the federal supply chain.

  • Improve Threat Hunting Speed: Snare automated alerts enable a SOC or analyst to respond to anomalous activities in real-time.
  • Meet Reporting Obligations & Mitigate Threats with Enhanced Investigation Capabilities: Snare Database Activity Monitoring, File Integrity Monitoring (FIM), File Access Monitoring (FAM), Registry Activity Monitoring (RIM), and Registry Activity Monitoring (RAM) provide security teams with the most detailed event log data available to identify who got in, what they took, and how they got in a matter of minutes vs months.
  • Improve Compliance while Saving Costs with Unlimited, Pristine Log Data Storage: Store log data in pristine condition for an unlimited amount of time to remain compliant with industry standards that require the storage of logs for as many as seven years. Snare’s market-leading 50:1 compression rate and truncation are additional cost savings, dramatically reducing data storage and ingestion costs.

“Four Inc. is excited to add Snare, a cybersecurity product and log management solution from Prophecy International to our cybersecurity portfolio,” said Chris Wilkinson, Four Inc.’s Senior Vice President of Platform Sales. “Snare enables our channel to strengthen our government customers’ cyber defenses, improve response times to critical threats, and satisfy government compliance requirements.”

For any questions about the partnership or to inquire about Snare’s centralized log management solutions, please contact Bill Jessen at bjessen@prophecyinternational.com.

For information about Four Inc., please contact Joanna Corcoran at jcorcoran@fourinc.com

About Prophecy International

About Prophecy International Holdings Limited Prophecy International Holdings Limited (ASX: PRO) is a leading Australian designer and developer of innovative business software. Through its two products, Snare and eMite, Prophecy serves the large and growing global markets of contact center analytics and cybersecurity. CX Intelligence by eMite provides a SaaS-based real-time and historical analytics platform, dashboards, wallboards, KPI, and orchestration products for customer experience. The Snare product suite is a highly scalable platform of centralized log management and security analytics products designed to enable customers to detect and manage cyber threats in real-time and maintain regulatory compliance.

Prophecy operates globally from Adelaide and Sydney in Australia, London in the United Kingdom, and in Denver, USA. https://www.prophecyinternational.com

About Four Inc. Four Inc.

is a Small Business and has been recognized as a Top 100 government contractor on Washington Technology’s Top 100 Report consecutively for the last seven years. Four Inc.’s expertise in the federal IT contracting process and their carefully crafted ecosystem of manufacturers and partners has enabled them to expertly deliver the right technology solutions and services to their customers. Through their proven experience and dedication to their core values, they have earned the IT community’s respect and trust. http://www.fourinc.com.

Prophecy Announces Snare Subscription Pricing & Extends Verizon Contract

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Prophecy International announces Snare subscription model and extends Verizon contract

Sales Momentum Continues to Grow

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New sales closed since the start of this Financial year by Prophecy group companies, have already hit $2 million. This has been an excellent start to the new year coming on the back of great SNARE sales numbers to complete FY15.

  • Prophecy new sales since July 1st hit $2 million
  • Q1 sales running ahead of target
  • eMite new sales have made an excellent start
  • SNARE new sales again have outperformed previous periods
  • Dell sales have started to flow through

New sales closed since the start of this Financial year by Prophecy group companies, have already hit $2 million. This has been an excellent start to the new year coming on the back of great SNARE sales numbers to complete FY15.

Our management focus this year is firmly on continued sales growth for the business, including the newly acquired eMite product set.  Both SNARE new sales and eMite new sales have performed very well in the opening weeks of FY16 to hit a total of $2m YTD in rapid time. This augurs very well for a buoyant Q1 sales result to get the year started.

eMite has performed as expected with a very strong sales start, further building its reputation with the larger end of the market. Forecasts for Q1 are very good at this point and we have made an excellent start with this new acquisition.

SNARE has outperformed in new sales compared to the same period last year and has had a very pleasing start to the year considering that it closed out a very large total for the month of June and Q4 for a very strong FY15.  Sales from the Dell partnership have now started and our forecast is for this sector to make a significant contribution to our result for this year.

Acquisition Settled

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Prophecy is pleased to announce that all conditions relating to the acquisition of eMite Pty Ltd have now been met and settlement has been completed.

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FY15 Expected Results

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As already reported, Prophecy has had a spectacular year with its new sales growth for the SNARE software set. This growth has continued through June and has delivered record results through to the end of our financial year.

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eMite Acquisition Earnings Update July 2015

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eMite provides ‘Business Intelligence Analytics software’ to enterprise customers. Its products enable all businesses to make the right real time decisions by providing intuitive representation of real time data from any system in their company based on an easy to deploy, simply scalable BI system with top class analytics in a user adjustable interface.

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Acquisition and Placement

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Prophecy International Holdings Limited is pleased to announce that it has completed a sale and purchase agreement to acquire 100% of Australian software company eMite Pty Ltd. This transaction is effective as of July 1st 2015.

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Snare Sales Growth Hits 117%

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New sales of SNARE software products have continued to surge during the month of May. The month closed out with a very impressive sales total that has made May the second best sales month so far this financial year.

  • SNARE sales growth now at 117% YTD to end of May
  • May comes in with second best sales month of the year
  • Sales growth rate continues to improve month by month
  • Upgrades are now coming from our Open Source base
  • June sales forecast to be a record along with the full year
  • Denver office resources continue to expand

New sales of SNARE software products have continued to surge during the month of May. The month closed out with a very impressive sales total that has made May the second best sales month so far this financial year.

As a result, the YTD new sales total for SNARE has grown 117% compared to the same period last year. This is calculated on a fixed foreign exchange rate basis so that sales from one year to the next can be measured without any effect from exchange gains or losses. This growth rate in sales has continued to improve from late last year through to the current month and is directly attributable to the professional processes employed by the team in handling new leads.

A new trend has emerged when recent sales have been analysed. There has been a notable shift in perception by our users and those that have made use of our Open Source solution in the past are starting to understand that to gain full security protection, they need to upgrade to our full function Enterprise software solutions. These upgrades are expected to provide an ongoing increased stream of new licences that will support the sales growth rate being achieved to date.

The sales pipeline for the month of June is the best that it has ever been and this heralds the opportunity for a record sales total for the month of June and the full year. The indications are that the growth will continue through June and provide a record growth result for the full year.

Our Denver sales office has continued to expand to handle this growth and additional resources join us there in early June to help us manage this growth.

 

Snare Sales Up 106%

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Prophecy has maintained its recent growth in SNARE new sales, with YTD growth sitting at 106% as at the end of May comparison. This shows a continuation of the excellent progress in new sales achievement in this financial year as previously reported.

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