Alert Logic is a privately held corporation. In August 2006, Dallas-based Hunt Ventures LP led a $5 million round of Series B funding for Alert Logic, which included participation from three other investors: DFJ Mercury of Houston, OCA Venture Partners LLC of Chicago, and Denver-based Access Venture Partners.
Alert Logic provides protection against Internet computer worms, trojan horse programs, botnets, and other IT security threats. Research has shown that firewalls are not sufficient to detect or eliminate all network threats.
Alert Logic’s security solution consists of three layers: 1) a security operations center staffed on a full-time basis by certified security analysts who analyze and respond to security incidents on customer networks; 2) a hosted expert system that analyzes, correlates, and automatically mitigates IT security incidents and vulnerabilities, and 3) an on-premise appliance that monitors network traffic and continuously scans the network for threats and vulnerabilities.
In addition to protecting individual customer networks, Alert Logic also provides hosted network security for managed service providers and their customers.
Alert Logic’s reporting capabilities provide midsized companies with improved documentation and overall IT compliance to policies and regulations. The U.S. has experienced an increase in IT network security compliance laws. Since passage of the Health Insurance Portability and Accountability Act of 1996 and 2003, the Gramm-Leach-Bliley Act of 1999, and the Sarbanes-Oxley Act of 2002, penalties for inadequate network security have increased.
- Matt Hines, eWeek (August 2006). Midmarket Could Push Adoption of Hosted Security Model.
- Mary Ann Azevedo, Houston Business Journal, American City Business Journals (July 2006). Security technology firms lock in fresh rounds of funding.
- CERT (July 2003). Malicious Code Propagation and Antivirus Software Updates.
- Kevin McLaughlin, CRN (Aug. 2006). Alert Logic Courts SMB Partners For On-Demand IPS.
- Bruce Schneier (July/Aug. 2004). Security and Compliance.
- Dr. Larry Ponemon, CSO (Oct. 2006). National Survey on the Detection and Prevention of Data Breaches.
- Linda Rosencrance, Computerworld (Aug. 2006). 'Brute force' attacks against SMBs on the rise.