Internet security solutions developer Commtouch Software Ltd. (Nasdaq: CTCH; TASE: CTCH) today launched its GlobalView URL Filtering for Mobile, which enables real-time protection for mobile device users browsing the web.
The company notes that high-powered mobile devices such as smartphones and tablets are, in many cases, supplementing or replacing personal computers as a favored means of browsing the Internet. As a result, users are becoming exposed to the same undesirable content prevalent on other platforms, as well as newly created threats that are specific to mobile devices.
GlobalView URL Filtering is currently available for operating systems and environments that run a Java Virtual Machine, such as Android. The company plans to support other mobile operating systems, such as iOS, QNX and other BlackBerry operating systems, and Windows Phone 7.
The company cites a study by Infonetics Research security analyst Jeff Wilson, who says, “2010 saw a massive increase in mobile vulnerabilities, the first mobile botnet, malicious Android apps, and a mobile Zeus variant, and these events have businesses and consumers on edge. The mobile security client software market is forecast to have a 40% CAGR from 2010 to 2015."
Commtouch's solution can protect their mobile devices from phishing sites or sites that download viruses and malicious content, and achieve regulatory compliance. Organizations can limit their liability, improve productivity and comply with required standards by enforcing web access policies, and parents can use the solution to protect their children from inappropriate web content such as pornography, gambling, violence and hate sites.
Commtouch CTO Amir Lev said, “The market for Internet security solutions for mobile devices is growing, as their use for browsing increases and new threats are introduced into the mobile ecosystem. Commtouch’s GlobalView URL Filtering is a good match for the tight memory requirements of portable devices, which must rely on endpoint-based protection due to their mobility."
Commtouch's share price closed at $3.25 on Nasdaq yesterday, giving a market cap of $78 million, and rose 7% by midday on the TASE to NIS 11.78.
Published by Globes [online], Israel business news - www.globes-online.com - on June 22, 2011
© Copyright of Globes Publisher Itonut (1983) Ltd. 2011