Sanctum (company)

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Sanctum
TypePrivate Company
IndustrySoftware,
Information Technology
PredecessorPerfecto Technologies
Founded1997
FounderGili Raanan and
Defunct2006
FateAcquired
SuccessorIBM
HeadquartersHerzliya, Israel,
Santa Clara, California;
ProductsAppShield and
Websitewww.IBM.com

Sanctum was a Santa Clara, California-based information technology company focused on application security.[1] Sanctum was credited for inventing the application security space in the mid-'90s with its firewall, AppShield, and scanner, AppScan, when it foresaw the need for better application-layer security for Web environments.[2]

In 2003 Sanctum was merged with Watchfire and the company was subsequently acquired by IBM.[3]

History[]

Sanctum was founded in 1997 as Perfecto Technologies, by Eran Reshef and Gili Raanan.

The company released its first product AppShield in summer of 1999.[4]

The company has done an extensive research in application security and applying formal methods to real life software[5] in collaboration with Turing Award winner Professor Amir Penueli. Early research in 1996 and 1997 led to the invention, in parallel to other teams, of CAPTCHA technology, and the application for a US patent for CAPTCHA.[6]

In 2000 the company renamed itself to Sanctum.[7] The company was backed by investors Sequoia Capital, Intel Capital, Goldman Sachs, DLJ, Walden and Mofet.[8]

Products[]

The AppShield product was the first product to inspect incoming Hypertext Transfer Protocol requests and block malicious attacks based on a dynamic policy which was composed by analyzing the outgoing HTML pages.[9][10]

Later in June 2000 the company introduced AppScan the world's first Web Security Vulnerability Assessment solution.[11] Among the first clients for AppScan were Yahoo!,[12] Bank of America and AT&T.[13]

References[]

  1. ^ "Sanctum | CrunchBase". www.crunchbase.com. Retrieved 2016-09-12.
  2. ^ "What the Watchfire-Sanctum acquisition means for Web app security". Retrieved 2016-09-12.
  3. ^ "IBM Buys Watchfire". PCWorld. 2007-06-06. Retrieved 2016-09-12.
  4. ^ Messmer, Ellen. "CNN - New tool blocks wily e-comm hacker tricks - September 7, 1999". edition.cnn.com. Retrieved 2016-09-12.
  5. ^ Kesten, Yonit; Klein, Amit; Pnueli, Amir; Raanan, Gil (1999-09-20). Wing, Jeannette M.; Woodcock, Jim; Davies, Jim (eds.). FM'99 — Formal Methods. Lecture Notes in Computer Science. Springer Berlin Heidelberg. pp. 173–194. doi:10.1007/3-540-48119-2_12. ISBN 9783540665878.
  6. ^ "Method and system for discriminating a human action from a computerized action". 2004-03-01. Cite journal requires |journal= (help)
  7. ^ "Perfecto Changes Name to Sanctum - Globes English". Globes. Retrieved 2016-09-12.
  8. ^ "DLJ'S Sprout Group Leads $16 Million Investment in Perfecto Technologies; Premier Venture Firm Backs eBusiness Security Software Company. - Free Online Library". www.thefreelibrary.com. Retrieved 2016-09-12.
  9. ^ "Method and system for extracting application protocol characteristics". 1999-07-01. Cite journal requires |journal= (help)
  10. ^ "Method and system for dynamic refinement of security policies". 2002-12-31. Cite journal requires |journal= (help)
  11. ^ "Sanctum Introduces AppScan: Industry's First Automated Web Application Security Audit Tool. - Free Online Library". www.thefreelibrary.com. Retrieved 2016-09-12.
  12. ^ Inc, IDG Network World (2000-06-19). Network World. IDG Network World Inc.
  13. ^ "Sanctum, Inc. cited as leader in key web security sector". Retrieved 2016-09-12.
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