Comilion Makes Secure and Private Cyber Security Collaboration between Enterprises Possible

PRESS RELEASE

NEW YORK, July 30, 2015 – Comilion, the cyber-security collaboration company, today announced a secure, decentralized and fully automated platform that enables secure and private bidirectional secured collaboration within and between organizations in tightly-regulated environments. The platform removes governmental, compliance and corporate policy obstacles that currently prevent security collaboration across company, country and industry boundaries. Some of the world’s leading financial institutions are already deploying Comilion to implement closed, self-managed communities to detect and mitigate cyber-threats in real-time on a global scale.

Collaboration is a longstanding practice within the criminal underground. For example, the FBI recently revealed the takedown of “Darkode” - a global collaborative forum used for sharing cybercrime tools. Similar collaboration between organizations remains stymied by security concerns, compliance and technical challenges. Despite these obstacles, companies are recognizing the benefits of community-based security. According to a recent IBM survey, 42 percent of organizations believe collaborating with formal industry-related security groups will increase to 86 percent over the next three to five years.

The Comilion platform is purpose-built to enable and accelerate this process by addressing the roadblocks associated with bi-directional inter-company and multi-jurisdictional security collaboration