Monday, July 13, 2009

Transport Company Achieves 40 Percent IT Cost Reduction by Moving to Websense

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Transport Company Achieves 40 Percent IT Cost Reduction by Moving to Websense Link: http://bit.ly/149uyE Article:

Italian Transportation Company Eliminates Spam and Blended Threats and Dramatically Increases System Uptime With Websense Hosted Email Security. Websense, Inc. today announced that Atac S.p.A., a regional transport organization based in Rome -- has selected award-winning Websense Hosted Email Security to protect its 3,000 employees from blended threats and spam and increase system uptime -- while reducing IT expenses by 40 percent.

Atac also uses Websense Web Security to protect its network from emerging Web threats and to manage Web usage to reduce risk and comply with regulatory requirements.

"Blended attacks were an issue for us as we had noticed that a very high proportion of our unwanted emails contained embedded URLs," said Giorgio Sgarbazzini, CIO, Atac S.p.A. "We're impressed by the real-time threat protection of the Websense ThreatSeeker™ Network that powers the Websense Web Security solution and wanted the same protection and intelligence for our email security."

Websense Hosted Email Security was evaluated and selected over other managed security solutions for several reasons including: superior protection from emerging Internet threats, the ability to stop spam and threats in-the-cloud before reaching the network, as well as guaranteed service-level agreements that competitive solutions couldn't match.

"Managing our email security was a serious concern within the company," added Sgarbazzini. "Our previous on-premise solution was constantly failing and our IT resources were limited to regular business hours. Users did not appreciate being woken up in the middle of the night from the buzz of their BlackBerries as spam landed in their inboxes. Once we moved to Websense Hosted Email Security however, spam disappeared and we now have continuous system uptime. Our users are happy and we've saved money -- the results are really incredible."

"The guaranteed service level of 99.999 percent exceeded our expectations and couldn't be matched by any of the competitive solutions we evaluated," says Sgarbazzini. "This was in addition to 100 percent protection from known viruses and 99 percent spam detection. Websense was by far the best solution for our needs."

Websense Hosted Email Security eliminates spam and malware before they reach the network. The hosted deployment model provides centralized security with built-in redundancy, failover and business continuity while easing administration and optimizing network operating capacity planning costs. Guaranteed by industry-leading service level agreements, Websense Hosted Email Security reduces business costs, eliminates the complexity of managing email threats and provides the highest possible degree of protection.

All Websense solutions are powered by the Websense ThreatSeeker™ Network which continuously monitors the Internet for changes and emerging threats. The resulting intelligence is incorporated in real-time into the company's Web, data and email security solutions. As a result, Websense solutions adapt to the rapidly changing Internet threat environment at speeds not possible by traditional security solutions.

To Purchase Websense Products Visit http://www.guardsense.com

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Websense Announces Preliminary Results for Q2'09

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Websense Announces Preliminary Results for Q2'09 Link: http://bit.ly/149uyE Article:

Websense, Inc. today announced preliminary, unaudited results for the second quarter of 2009.Preliminary results for the second quarter of 2009 include:

-- Revenue, calculated in accordance with generally accepted accounting
principles (GAAP), is expected to be in the range of $79.3 to $79.6
million, compared to $73.0 million in the second quarter of 2008.
-- Second quarter non-GAAP revenue is expected to be between $83.9 and
$84.2 million and includes approximately $4.6 million in revenue from
SurfControl that would have been recognized during this period had
SurfControl remained an independent operating company. This subscription
revenue was included in SurfControl's deferred revenue as of the date of
the acquisition, but will not be recognized as revenue on a post-
acquisition basis under GAAP due to a required write-down of SurfControl's
deferred revenue to fair value as of the acquisition date. This compares to
non-GAAP revenue of $88.2 million in the second quarter of 2008.
-- Second quarter billings, which represent the full amount of
subscriptions billed to customers during the quarter, are expected to be
approximately $82.2 million, compared to $87.3 million in the second
quarter of 2008. Using the average foreign exchange rates that prevailed
in the second quarter of 2008, total billings would have been approximately
$87.2 million. Compared to the second quarter of 2008, average contract
duration lengthened 0.9 months, predominantly due to an increase in the
duration of Websense Web Security Gateway and other new product
subscriptions for new and upgrading customers.
-- Non-GAAP earnings per diluted share are expected to be between $0.30
and $0.32, compared to $0.37 in non-GAAP earnings per diluted share in the
second quarter of 2008. Second quarter non-GAAP earnings per diluted share
in both years excludes stock-based compensation expense as well as certain
cash and non-cash expenses related to the company's acquisitions, and
includes revenue from SurfControl that would have been recognized as
described above.



Final results, including GAAP and non-GAAP revenue and earnings per diluted share and a reconciliation of GAAP to non-GAAP financial measures, will be released on July 28, 2009.

"We experienced a greater impact from recessionary global economic conditions in the second quarter of 2009. The impact was concentrated primarily in our renewing Web filtering customers, especially outside the U.S.," said Gene Hodges, Websense Chief Executive Officer. "However, our second quarter results show continued momentum for our new Web security products, including the Websense Web Security Gateway and the V10000 secure Web gateway appliance, from both new and upgrading customers. We continue to believe that our strategy of delivering essential information protection from inbound threats and outbound leaks is aligned with market requirements, which is demonstrated by the growth in demand for our Web security gateway and data loss prevention solutions."

Additional financial highlights from the second quarter include:

-- Incremental billings, including upgrading and new customers, increased
more than 15 percent from a year ago and more than 35 percent from the
first quarter of 2009.
-- Billings for our Websense Web Security Gateway and new V10000 secure
Web appliance totaled more than $11 million, compared to approximately $4.4
million in the first quarter.
-- Billings for our data loss prevention solutions totaled approximately
$3.6 million, an increase of 44 percent from the second quarter of 2008.
-- Repurchase of approximately 447,000 shares of common stock for a total
of approximately $7.5 million.
-- Continued strong balance sheet, with cash balances greater than $76
million.

To Purchase Websense Products Visit http://www.guardsense.com

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Monday, July 06, 2009

Websense Positioned as a Leader in Magic Quadrant for Content-Aware DLP

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Websense Positioned as a Leader in Magic Quadrant for Content-Aware DLP Link: http://bit.ly/149uyE Article:

Websense, Inc. today announced that Gartner, Inc. has positioned Websense as a leader in its recently released "Magic Quadrant for Content-Aware Data Loss Prevention."(i) The firm evaluated Websense(R) Data Security solutions, which are part of the Websense Essential Information Protection(TM) portfolio of content-based security products. Vendors in the Magic Quadrant are selected based on their ability to execute and completeness of vision.

The report concludes, "The leaders have demonstrated good understanding of client needs and offer comprehensive capabilities in all three functional areas -- network, discovery, and endpoint -- either directly or through well-established partnerships and tight integration. They offer aggressive road maps, and they will need to execute on those road maps, fully incorporate enhanced features currently in development and address evolving market needs to remain in the Leaders quadrant."

Websense data loss prevention (DLP) solutions are integrated with the company's Web and email security solutions, providing customers with unprecedented visibility and control over their information to prevent data loss, secure business processes and manage compliance and risk. The Websense suite of data security solutions, including Websense Data Monitor, Discover, Protect and Endpoint modules, enables organizations to accurately identify confidential data, monitor its use, and create and automate content-use enforcement policies for users both on and off the network. For the first time, organizations can create and enforce content -- and destination-aware policies that manage who uses what data and how and where it can go.

"We believe being included in the Leaders Quadrant for Content-Aware Data Loss Prevention validates our continuous innovation to stay on top of our customers' emerging needs by protecting their data from both inbound threats and outbound leaks," said John McCormack, president, Websense. "We have invested aggressively in our data loss prevention technology and in integrating DLP functionality with our Web and email security solutions to provide the most effective protection available -- combined with the most flexible deployment options -- for our customers."

Websense Data Security Suite adoption has continued to expand across all verticals and global markets. In 2008, Websense secured new data security customers in 26 countries and achieved 73 percent year over year growth in DLP product sales, while continuing to execute on an aggressive product development roadmap that included an important version release and the new Websense Data Endpoint module.

"It's no surprise that Websense has been positioned as a leader by Gartner -- it's easy to use, accurate, scalable, and best of all, it just works," said Roger Mcilmoyle, director of technical services for TLCVision, a $300 million eye care services company with leading positions in several eye care markets. "We use Websense to protect our employees and customers' confidential data. The built-in policies of the Websense Data Security Suite allow us to monitor more than 800 employees, leveraging the solution's content and destination awareness, to ensure our data is secure."

According to the Gartner report, "Content-aware DLP technologies are emerging as important information security and privacy controls. One of the key drivers of adoption in this market is the need to address a broad range of mandates including: regulatory and commercial compliance requirements; IT frameworks (for organizational compliance); (and) governance."

"We feel this Gartner evaluation, which is based on completeness of vision and ability to execute, recognizes our proven ability to protect our customers from converged security threats and help organizations meet the requirements of government and industry data security regulations, like the Payment Card Industry Data Security Standard (PCI DSS), and the Health Insurance Portability and Accountability Act (HIPAA)," McCormack added.

Websense Data Security solutions include easy-to-use policy wizards to quickly select from more than 950 policy templates, ranging from the PCI DSS, Gramm-Leach-Bliley Act (GLBA), HIPAA, Sarbanes-Oxley (SOX) and more. The solutions are available as a standalone solution or can be integrated with Websense Email and Web Security solutions as part of the Websense portfolio of integrated essential information protection solutions.

To Purchase Websense Products Visit http://www.guardsense.com

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Friday, June 05, 2009

Websense to Host Free Webcast Focused on How Organizations Can Safely Adopt Web 2.0

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Websense to Host Free Webcast Focused on How Organizations Can Safely Adopt Web 2.0 Link: http://bit.ly/149uyE Article:

SAN DIEGO, CA, Jun 02, 2009 (MARKETWIRE via COMTEX News Network) -- On Wednesday, June 10, 2009, Websense, Inc. (NASDAQ: WBSN) will host a webcast focused on how organizations can safely adopt Web 2.0 in the workplace.

DESCRIPTION: A recent survey of 1,300 IT managers in companies worldwide found that 95 percent of businesses already allow access to some types of Web 2.0 in the workplace despite the fact that nearly all are lacking the necessary security solutions to protect from the threat vectors associated with Web 2.0. The growing use of wikis, blogs, mashups and other Web 2.0 tools offer many benefits to businesses but also creates ample opportunity for data loss and other security threats. Companies must be able to allow safe and flexible Web 2.0 access while still protecting their essential information from threats. Join Websense for a webcast about ways organizations can safely Say Yes! to the ever-changing world of Web 2.0 in the workplace.

WHEN: Wednesday, June 10, 2009, 9:00 AM to 10:00 AM Pacific Time

SPEAKER: Dave Meizlik, Director Product Marketing, Websense

REGISTER: http://www.websense.com/web2.0atwork

To Purchase Websense Products Visit http://www.guardsense.com

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Tuesday, May 26, 2009

New Websense Survey Reveals State of Web 2.0 Use, Policies and Security

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New Websense Survey Reveals State of Web 2.0 Use, Policies and Security Link: http://bit.ly/149uyE Article:

Websense Delivers Free Tools to Help IT Professionals Enable Web 2.0 in the Workplace While Mitigating Security Risks

SAN DIEGO, CA, May 20, 2009 (MARKETWIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) today revealed the findings from a global survey of 1,300 information technology managers across ten countries, asking about their perceptions of Web 2.0 in the workplace, testing their understanding of Web 2.0 technologies and assessing their organizations' level of security preparedness. Web 2.0 sites and applications allow user-generated content and comprise the majority of the top 100 most visited sites on the Internet, including search engines like Google and Yahoo!, resources like Wikipedia and news sites like CNN. Key findings from the Web2.0@Work(TM) survey include:

Web 2.0 in Business is Here to Stay

Web 2.0 has made an impact in the workplace and will continue to change the way organizations conduct business as more Web 2.0 applications make their way into the corporate environment. Though many Web 2.0 services were designed for consumer use rather than business use, organizations across all industries are already using them to increase collaboration and information exchange, streamline processes, engage key stakeholders and generate revenue. Specifically:

-- 95 percent of respondents currently allow employee access to some Web
2.0 sites and applications -- most commonly webmail, mashups and wikis
-- 62 percent of IT managers believe that Web 2.0 is necessary to their
business



IT Experiences Pressure from All Sides

Employees are clamoring for even more use of Web 2.0 in the workplace, leaving IT departments to find the right balance between preventing security risks while still allowing safe and flexible access. The pressure for more Web 2.0 access is coming not from rogue employees, but rather from lines of business and top-level executives:

-- 86 percent of IT managers reported feeling pressured to allow more
access to more types of Web 2.0 sites and technologies
-- 30 percent of respondents reported pressure coming from C-level
executives and director level staff
-- 34 percent reported pressure coming from marketing departments
-- 32 percent reported pressure coming from sales departments



IT Professionals Are Overconfident in Their Security

Though many organizations already allow access to some types of Web 2.0 sites and applications, a dangerous security gap exists. The majority of respondents reported feeling confident in their organization's Web security, though they admit to not having the necessary security solutions to protect from all threat vectors. Additionally, a surprising number of respondents appear to be confused on what exactly constitutes Web 2.0 -- and what they don't know could put their organizations at risk.

-- 80 percent of respondents reported feeling confident in their
organization's Web security, despite the fact that the numbers show
they are ill-equipped to protect from Web 2.0 security threats:
-- 68 percent do not have real-time analysis of Web content
-- 59 percent cannot prevent URL re-directs
-- 53 percent do not have security solutions that stop spyware
from sending information to bots
-- 52 percent do not have solutions to detect embedded malicious
code on trusted Web sites
-- 45 percent do not have data loss prevention technology to stop
company-confidential information from being uploaded to sites
like blogs and wikis, hosted on unauthorized cloud computing
sites, or leaked as a result of spyware and phishing attacks
-- Only 9 percent report having security solutions in place to
cover all threat vectors
-- There is confusion even among IT professionals about what constitutes
Web 2.0: Only 17 percent of respondents correctly identified all the
items in the survey that can be considered Web 2.0
-- Only half identified wikis, video uploading sites like YouTube and
hosted software/cloud computing sites like Google Docs to be Web 2.0
-- 47 percent of respondents report that users in their organization try
to bypass their Web security policies, demonstrating that new policies
are needed to provide the flexibility for employees to access the Web
for their jobs while preventing inappropriate use or security threats.

To Purchase Websense Products Visit http://www.guardsense.com

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Global Property Developer Builds IT Security Infrastructure With Websense

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Global Property Developer Builds IT Security Infrastructure With Websense Link: http://bit.ly/149uyE Article:

Brookfield Multiplex Standardizes on Websense Web Security Software and Cloud-Based Email Security Services

SAN DIEGO, CA, May 18, 2009 (MARKETWIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) today announced that Brookfield Multiplex, a wholly-owned subsidiary of global infrastructure and property giant Brookfield Asset Management, has deployed Websense Web Security software and Websense Hosted Email Security services to provide safe and secure Internet and email access for its 2,000 strong workforce.

Brookfield Multiplex is a fully-integrated property and funds management business with activities in commercial, retail, and residential property development, construction, management services, and infrastructure. The company has a reputation for quality, innovation and the successful delivery of major projects.

Committed to providing a safe and productive work environment, the company required a flexible and scalable Web and email security solution to support secure Internet access and availability for its employees based in Australia, New Zealand, Asia, the Middle East and the UK. Following a review of several solutions, Brookfield Multiplex selected Websense Web Security and Websense Hosted Email Security.

"Websense has a great reputation and has deployed its leading-edge Web, data and email security solutions at many Fortune 500 companies," said Stephen Edridge, Group Manager IT&T, Brookfield Multiplex. "The company is very professional, and we were impressed at the outset by their ability to understand our specific business requirements. At the same time, their products are known to be the best on the market."

Websense Web Security protects Brookfield Multiplex from known and new Web-based threats. Backed by the Websense ThreatSeeker™ Network, Websense Web Security protects from spyware, malicious code, and phishing attacks, bots, and other threats. Unlike some other solutions, it also blocks spyware and keylogger backchannel communications from reaching host servers.

Websense Hosted Email Security incorporates multiple layers of real-time Web and data security intelligence to provide Brookfield Multiplex with protection from converged email and Web 2.0 content threats. Key features enable the IT team to build a customisable dashboard to monitor email usage, as well as interactive drill-down reports and automatic report scheduling and delivery.

"Deployment was very smooth. Initially, I was concerned about email traffic changing paths during the deployment but these fears were unfounded in reality. As far as the users were concerned, it was a simple process and business as usual," says Edridge.

Websense also helps protect the organization's reputation and potential liability by enabling the IT team to block individual staff members accessing inappropriate material.

"Now that we have Websense, the Internet is available all the time and we have increased employee productivity which improves morale and boosts customer service. Websense provides the company with a protective barrier to access resources and continue to conduct business wherever our staff may be located," says Edridge.
To Purchase Websense Products Visit http://www.guardsense.com

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Monday, May 18, 2009

Websense Announces Participation in Upcoming Investor Conferences

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SAN DIEGO, CA, May 15, 2009 (MARKETWIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) the technology leader in integrated Web security, email security and data loss prevention solutions, today announced management participation in investor conferences during the second quarter of 2009.

Eighth Annual JMP Securities Research Conference
Monday, May 18, 2009
San Francisco, CA
J.P. Morgan 37th Annual Technology, Media and Telecom Conference
Wednesday, May 20, 2009
Boston, MA
Cowen TMT Conference
Thursday, May 28, 2009
New York, NY
Craig-Hallum Investor Conference
Thursday, June 11, 2009
Minneapolis, MN
To Purchase Websense Products Visit http://www.guardsense.com

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New Websense Security Labs Research Finds Cybercriminals

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Fraudsters Create Hundreds of Thousands of Facebook Clones to Target Users at Work

SAN DIEGO, CA, May 13, 2009 (MARKETWIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) today released the results of new research conducted by Websense Security Labs™ that reveals a growing domain-name cloning trend among cybercriminals seeking to take advantage of the huge number of social networking users, particularly those using Facebook, MySpace and Twitter.

Criminals are increasingly using domain names that include words like Facebook, MySpace and Twitter, with no official connection to the real sites, to trick unsuspecting visitors to visit fake Web sites and lure them to input sensitive information or download malicious code. In fact, Websense Security Labs research indicates that in a research sample taken from the Websense URL database, more than 200,000 phony copycat sites were found, all using the terms Facebook, MySpace or Twitter in their URLs. Examples similar to samples found include, unblock.facebookproxy.com, buy.viagra.twitter.1234.com or hotbabesofmyspace999.com (note these are just sample site names that are similar to the sites researchers found).

Further research shows that the hackers are taking steps to create these cloned domains to circumvent security measures put in place by organizations to filter the original domain in a business setting. Many of the domains are proxy avoidance sites which are used to try to evade traditional Web filtering technology.

Taking advantage of the huge increase of social networking-savvy "Millennial" users entering the workforce, and the 276 percent growth of Facebook use among the 35-54 year old segment over the past six months, Facebook was the most popular domain used to dupe users, with more than 150,000 known fake URLs charted during the research period.

"These new threats illustrate that attackers will continue to target Facebook, MySpace and Twitter, along with other social networking sites, for three reasons," said Charles Renert, senior director, advanced content research, Websense. "First, these Web sites are popular so fraudsters are able to target lots of victims; second, people trust the content on it because they think it's from other people in their network; and third, they are easy to compromise because they allow anybody to create and post content. Traditional Web filtering is not enough to protect users from threats on trusted sites, and isn't enough to keep up with fraudsters generating new URLs almost instantaneously to avoid detection. Only real-time analysis of Web content can prevent users from being exploited by these attacks."

This isn't the first time Facebook users have been targeted by hackers. In late April, Websense Security Labs detected a phishing campaign targeting Facebook users. The scam, labeled "FBStarter" by security researchers redirected users to a phishing page that spoofs Facebook's sign-in page. By entering their user name and password, they unknowingly gave attackers the information necessary to log into their account and spam their friends.

Data gathered from the Websense Threatseeker™ Network shows that sites that allow user-generated content comprise the majority of the top 50 most active distributors of malicious content and that more than 70 percent of these sites have hosted malicious code in the last six months, as well as malicious comment spam and the URL and domain spoofing noted in the most recent research.

To Purchase Websense Products Visit http://www.guardsense.com

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Monday, May 04, 2009

Websense and Securosis Unveil Free Data Loss Prevention Resources for Executives

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Websense and Securosis Unveil Free Data Loss Prevention Resources for Executives Link: http://bit.ly/149uyE Article:

SAN DIEGO, CA, Apr 29, 2009 (MARKET WIRE via COMTEX News Network) -- With reported data breaches increasing by nearly 50 percent in 2008 and new industry and regulatory requirements continually being added to stem the tide, Websense, Inc. (NASDAQ: WBSN), and security consulting practice Securosis today unveiled a series of free tools to help guide organizations considering data loss prevention (DLP) technologies.

The resources, collectively titled, An Executive Guide to Data Loss Prevention, include a series of videos hosted by Rich Mogull, leading security technology analyst and founder of Securosis, as well as as a new research paper that provides in-depth education on DLP technologies, examines the business justifications and outlines the resource requirements for deploying DLP at the enterprise level.

Websense will also host a webcast about best practices in data loss prevention on Wednesday, May 13, 2009, at 9:00 a.m. Pacific Time. To register for the webcast or to view an archive visit: http://www.websense.com/site/buzzroom/featuredstories/sayYes.html?cmpid=prnr.

The Executive Guide to Data Loss Prevention

This independent, objective research is one of the first resources ever designed to go beyond the IT department and directly help executives understand DLP. In the videos, Mogull addresses the top uses and benefits to consider when implementing a DLP solution, including:

-- Risk Reduction -- by knowing how sensitive information is used and
stored, organizations can ensure proper controls
-- Cost Savings -- by implementing controls to reduce loss or theft of
confidential data, organizations can reduce costs of compliance and
increase profitability
-- Policy Enforcement -- by measuring and mitigating data loss and
regulatory compliance, including HIPAA, GLBA, SOX, PCI, and enforcing
security protocols while educating employees
-- Inbound Threat Protection -- by preventing data loss from Web exploits
and malcode. In the second half of 2008 the Websense Security Labs found
that 57 percent of data-stealing attacks are conducted over the Web,
representing a 24 percent increase during the six-month period.



The Executive Guide to Data Loss Prevention also presents real world examples of DLP implementations, including:

-- A retailer that uses DLP to inventory their entire storage
infrastructure and employee laptops to identify unencrypted credit card
numbers which could be in violation of the PCI Data Security Standard. This
cut three months off their compliance cycle and reduced PCI audit costs by
20 percent.
-- A financial institution that uses DLP to protect customer financial
information in their primary customer database by monitoring network
communications and generating alerts if customer records are transmitted
without encryption. Since implementation, they've seen an 80 percent
reduction in data misuse and prevented two potential data breaches.
-- An engineering firm that uses DLP to track the movement of sensitive
engineering plans for new products, protecting their sensitive intellectual
property.



Biography: Rich Mogull, Founder, Securosis

Mogull has more than 17 years experience in information security, physical security, and risk management. Prior to founding Securosis, he was a Research Vice President with Gartner, where he spent 7 years on the security team. He is a well known authority on information security and currently focuses on data security, application security, security metrics, and emerging technologies. Mogull is the Security Editor of TidBITS, a monthly columnist for Dark Reading, and frequently contributes to publications ranging from Information Security magazine to Macworld.

Related Quotes:

-- Securosis Founder Rich Mogull -- "Although we've long recognized the
importance of our digital assets, in recent years it has become
increasingly difficult to protect them. Now, data loss prevention
technologies are enabling an organization to reduce their risk, increase
regulatory compliance and protect themselves from emerging threats
targeting sensitive data."
-- Websense Director of Product Marketing Dave Meizlik -- "Through
increasing regulatory requirements and negative media headlines, companies
are recognizing the necessity for implementing data loss prevention
technologies as part of a data-centric security strategy designed to
protect their competitive edge, brand reputation and ongoing financial
success."


To Purchase Websense Products Visit http://www.guardsense.com

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Websense Survey: Data Loss Prevention Critical in Today's Economy

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READING, UK, Apr 29, 2009 (MARKET WIRE via COMTEX News Network) -- An international survey of 104 security professionals conducted by Websense, Inc. (NASDAQ: WBSN) at this year's e-Crime Congress reveals that 93 percent of respondents believe companies are under more pressure to protect from data loss due to the current economic climate.

According to the survey, key drivers that put organizations under pressure for data loss in the current economic environment include:

-- Disgruntled employees receiving pay cuts or redundancy (73 percent)

-- Employees taking confidential data with them when leaving the company
(73 percent)

-- Companies not prioritizing security due to cost-cutting measures (62
percent)

-- Companies not understanding where confidential data resides due to
internal changes (51 percent).



Respondents also think that organizations that experience a serious data breach are also more vulnerable to:

-- Bankruptcy (52 percent)

-- Share price reduction (59 percent)

-- Loss of customers (81 percent)

-- Risk of take-over (38 percent).



Responsibility for data loss lies with C-level executives and board members, according to the results. Specifically:

-- 66.7 percent of respondents believe that C-level executives and the
board should be held responsible for a data breach while a quarter of
respondents believe that responsibility should lie solely with the CEO.

-- Only 4.3 percent believe that an external government body should take
responsibility.

-- Results from last year showed that a mere 5 percent of security
professionals would hold the IT department responsible. This has more than
tripled to 15.9 percent this year.



Security professionals also believe that businesses exposing consumers' confidential data through a serious data breach should be punished for security negligence. Specifically:

-- Nearly a third (30 percent) think that CEOs and board members should
face imprisonment for exposing consumers' confidential data (representing
an increase of 5 percent from last year's survey)

-- 62 percent believe companies should be fined

-- 68 percent call for compensation for consumers affected



"This research shows that security is still an important concern to all security professionals," says Mark Murtagh, technical director at Websense. "The call for severe penalties reveals the need for businesses to step up to the mark and better understand the implications of a data breach. By taking active steps like using a data loss prevention solution to trace inbound as well as outbound data leaks, and having visibility of where important and valuable data sits, companies greatly reduce the risk of becoming a statistic."


To Purchase Websense Products Visit http://www.guardsense.com

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Websense Confirms First Quarter 2009 Results and Increases Full-Year Non-GAAP Operating Margin and Non-GAAP Earnings Guidance Ranges

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Websense Confirms First Quarter 2009 Results and Increases Full-Year Non-GAAP Operating Margin and Non-GAAP Earnings Guidance Ranges Link: http://bit.ly/149uyE Article:

Quarterly Cash Flow From Operations at All-Time High

SAN DIEGO, CA, Apr 28, 2009 (MARKET WIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) today confirmed financial results for the first quarter of 2009 and increased the guidance ranges for non-GAAP operating margin and non-GAAP earnings per diluted share for the full year, reflecting strong first quarter revenue and earnings performance.

First Quarter 2009 GAAP Financial Highlights:

-- Revenue, calculated in accordance with generally accepted accounting
principles (GAAP), increased 21 percent from the first quarter of 2008 to
$81 million, continuing the company's unbroken record of double-digit year-
over-year growth since the company's initial public offering in 2000.
Revenue included approximately $20.2 million of new and renewal
subscriptions for SurfControl products.
-- Operating income was $5.5 million, compared to an operating loss of
$14.1 million in the first quarter of 2008.
-- Net loss declined 31 percent to approximately $4.3 million, or 10
cents per diluted share, compared to a net loss of $6.2 million, or 14
cents per diluted share, in the first quarter of 2008.
-- Quarterly cash flow from operations of $36.2 million was an all-time
record, driven by strong receivables collections and expense management.
Long-term debt of $110 million reflects early repayments of $15 million in
the quarter and compares to $160 million at the end of the first quarter of
2008.



First Quarter 2009 Non-GAAP Financial Highlights:

-- Billings, which represent the full amount of subscription contracts
billed to customers during the period, totaled $67.0 million, compared to
$67.5 million in the first quarter of 2008.
-- International billings were approximately $32.9 million, compared to
$35.5 million in the first quarter of 2008. Using the same currency
exchange rates that prevailed in the first quarter of 2008, international
billings would have been approximately $37.9 million.
-- Non-GAAP revenue of $86.5 million included approximately $5.5 million
of revenue from SurfControl that would have been recognized during this
period had SurfControl remained an independent operating company reporting
under GAAP. This subscription revenue was included in SurfControl's
deferred revenue as of the date of the acquisition, but was not recognized
as revenue on a post-acquisition basis under GAAP due to a required write-
down of SurfControl's deferred revenue to fair value as of the acquisition
date. Non-GAAP revenue in the first quarter of 2008 was also $86.5
million, which included approximately $19.6 million of revenue from
SurfControl that would have been recognized during this period had
SurfControl remained an independent company.
-- Non-GAAP operating income was $26.8 million, representing 31 percent
of non-GAAP revenue. This compares to $27.8 million in the first quarter
of 2008.
-- Non-GAAP net income increased 4 percent from the first quarter of 2008
to $16.8 million, or 37 cents per diluted share, from $16.1 million, or 35
cents per diluted share.



"We continue to extend our technology and product leadership, and the results were evident in the growth of new and add-on business in the first quarter," said Websense Chief Executive Officer Gene Hodges. "Additionally, good renewal performance and ongoing expense management give us confidence we can meet our financial goals for the year."




Balance Sheet and Operating Cash Flow Metrics

Highlights of the balance sheet and cash flow performance compared to the first quarter of 2008 included:

-- Cash, cash equivalents and restricted cash worldwide of $76.2 million,
compared with $72.6 million at the end of the first quarter of 2008.
-- Total GAAP deferred revenue of $318.8 million, an increase of 11
percent compared to $287.6 million at the end of the first quarter of 2008.
-- Non-GAAP deferred revenue of $333.6 million, including approximately
$14.8 million of deferred revenue from SurfControl that was included in
SurfControl's deferred revenue as of the date of the acquisition, but is
not included in the company's GAAP deferred revenue on a post-acquisition
basis due to a required write-down of SurfControl's deferred revenue to
fair value as of the acquisition date. This compares to non-GAAP deferred
revenue of $340.8 million at the end of the first quarter of 2008.
-- Accounts receivable of $48.6 million, representing 68 days of sales
outstanding. This compares to 70 days outstanding at the end of the fourth
quarter of 2008 and 63 days outstanding at the end of the first quarter of
2008.
-- Cash flow from operations during the first quarter of 2009 was a
record $36.2 million, compared to $18.9 million in the first quarter of
2008. The increase was the result of higher beginning accounts receivable
balances coupled with strong collections performance and expense
management, as well as a decrease in expenses related to the integration of
SurfControl. Acquisition related integration expenses were approximately
$11 million in the first quarter of 2008, compared to approximately $91,000
in the first quarter of 2009.
-- Capital expenditures were $3.4 million in the quarter, compared to
$2.4 million in the first quarter of 2008. The increase was driven by the
build out of facilities in China and Ireland.



During the quarter, the company prepaid an additional $15 million in long term debt, bringing total principal payments to $100 million since October 2007, and reducing long term debt to $110 million as of March 31, 2009. The company also repurchased a total of approximately 649,500 shares during the quarter for approximately $7.5 million under a 10b5-1 stock repurchase plan.

Outlook for Fiscal Year 2009 and 2010

Websense updates its annual guidance on its anticipated financial performance for the fiscal year each quarter based on its assessment of the current business environment and historical seasonal trends in its business and prevailing exchange rates between the US dollar and other major currencies. In providing guidance, the company emphasizes that its forward-looking statements are based on current expectations and prevailing currency exchange rates on the date the guidance is provided and disclaims any obligation to update the statements as circumstances change.

2009 Outlook
(as of 04/28/09)
-------------------------
Billings $365 - 375 million
Billings from renewals (% of total) 75 - 80%
GAAP revenue $326 - 334 million
Non-GAAP revenue $342 - 350 million
Non-GAAP operating margin 26 - 29%
Stock-based compensation expense $26 - 28 million
Amortization of intangible assets
(non-cash) approximately $39 million
Net cash interest expense $5 - 6 million
Non-GAAP earnings per diluted share $1.25 - 1.35
Estimated Non-GAAP tax rate 34 - 35%
Average diluted shares outstanding 44 - 46 million


Billings guidance for 2009 assumes an average contract duration in the range of 20 to 22 months. GAAP cash flow from operations for the year is expected to total more than $85 million, compared to $65.8 million in GAAP cash flow from operations in 2008.

Non-GAAP guidance for 2009 revenue and diluted earnings per share includes approximately $16.1 million in subscription revenue of SurfControl that would have been recognized under subscriptions that were included in deferred revenue as of the date of the acquisition that will not be recognized as revenue during the applicable period as revenue on a post acquisition basis under GAAP due to the impact of the write-down of the majority of SurfControl's deferred revenue to fair value as of the acquisition date.

Additionally, non-GAAP revenue for the second quarter of 2009 is expected to decline by approximately $2 million from first quarter 2009 non-GAAP revenue. Non-GAAP revenue for the third and fourth quarters of 2009 is expected to increase modestly on a sequential basis.

For 2010, the company believes it has the potential to generate substantial growth in non-GAAP earnings per diluted share of more than $1.50 per share, assuming that the company generates 2009 billings within the guidance range, and assuming expenses grow as planned in the range of 6 to 7 percent annually in 2009 and 2010.

Conference Call

Management will host a conference call and simultaneous webcast to discuss the final results today, April 28, at 2:00 p.m. Pacific Time. To participate in the conference call, investors should dial 877-852-6583 (domestic) or 719-325-4823 (international) ten minutes prior to the scheduled start of the call. A simultaneous audio-only webcast of the call may be accessed on the Internet at www.websense.com/investors.

An archive of the webcast will be available on the company's Web site through June 30, 2009, and a taped replay of the call will be available for one week at 719-457-0820 or 888-203-1112, passcode 4029109.

Non-GAAP Financial Measures

This news release provides financial measures for the first quarter of 2009, including measures for revenue, gross margin, income from operations, net income and earnings per diluted share, that include revenue from SurfControl that would have been recognized during the first quarter of 2009 under subscriptions that were included in deferred revenue as of the date of the acquisition but will not be recognized as revenue on a post-acquisition basis under GAAP due to the impact of the write-down of a majority of SurfControl's deferred revenue to fair value as of the acquisition date. In addition, first quarter GAAP operating results exclude certain cash and non-cash expenses relating the company's acquisitions, including amortization of intangible assets and deferred financing fees, restructuring costs relating to facility closures, integration travel, and professional fees, as well as stock based compensation expense and related tax effects. Based on the foregoing, the company's presentation of non-GAAP revenue, gross margin, operating expenses, income from operations, net income and earnings per diluted share are not calculated in accordance with GAAP. Management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance that enhances management's and investors' ability to evaluate the company's operating results, trends and prospects and to compare current operating results with historic operating results. A reconciliation of the GAAP and non-GAAP financial measures for the first quarter and a more detailed explanation of each non-GAAP financial measure and its uses are provided at the end of this news release.

This news release also provides guidance for the fiscal year 2009 and 2010, including guidance for revenue, income from operations, net income and earnings per diluted share, that include revenue from SurfControl that would have been recognized during the full year 2009 and 2010 under subscriptions that were included in deferred revenue as of the date of the acquisition but will not be recognized as revenue on a post-acquisition basis under GAAP due to the impact of the write-down of a majority of SurfControl's deferred revenue to fair value as of the acquisition date.

This news release also includes financial measures for billings for the first quarter and for guidance for the fiscal year 2009 and 2010 that are not numerical measures that can be calculated in accordance with GAAP. Websense provides this measurement in news releases reporting financial performance because this measurement provides a consistent basis for understanding the company's sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods. The roll-forward of deferred revenue for the first quarter of 2009 is set forth at the end of this news release.


To Purchase Websense Products Visit http://www.guardsense.com

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Monday, April 27, 2009

Websense CIO Named Information Technology Executive of the Year by San Diego Business Journal

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Websense CIO Named Information Technology Executive of the Year by San Diego Business Journal Link: http://bit.ly/149uyE Article:

SAN DIEGO, CA, Apr 27, 2009 (MARKET WIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) today announced that Chief Information Officer Jim Haskin has been named Information Technology Executive of the Year by the San Diego Business Journal.

The annual award recognizes outstanding information technology executives in San Diego for their contributions to their companies and local communities. An independent judging panel reviewed nominations of 80 finalists across 13 categories. Haskin won in the large public company category.

As Websense CIO, Haskin guides the company's IT direction and execution including operations, infrastructure and internal customer support functions. In his role, Haskin has led several significant IT projects at Websense that have improved processes throughout many areas of the business and allowed Websense to successfully integrate two acquired companies, double the number of employees and increase revenue while controlling costs.

"I'm honored to be recognized by the San Diego Business Journal with this award," said Haskin. "This recognition is also shared with the outstanding IT team at Websense who deliver tangible value to the company by putting in place the information systems and business capabilities that streamline internal processes and deliver a better experience to our employees, our customers and our channel partners."


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Websense Trumps Symantec, McAfee, RSA in Data Loss Prevention Category at SC Magazine Awards Ceremony

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Websense Trumps Symantec, McAfee, RSA in Data Loss Prevention Category at SC Magazine Awards Ceremony Link: http://bit.ly/149uyE Article:

Company Takes Home Two 2009 SC Magazine Reader Trust Awards for Best Web Filtering Solution and Best Data Loss/Leakage Prevention Solution

SAN DIEGO, CA, Apr 22, 2009 (MARKET WIRE via COMTEX News Network) -- Websense, Inc. (NASDAQ: WBSN) today announced that for the fourth year in a row it has won a Reader Trust Award in the annual SC Magazine Award program for outstanding achievement in information technology security. Websense® Web Security was named the Best Web Filtering Solution and

Websense Data Security Suite was named Best Data Loss/Leakage Prevention Solution at a ceremony held this week in San Francisco in conjunction with the RSA Conference, the world's largest information security event.

The annual SC Awards showcase the best solutions, services and professionals while recognizing achievement and technical excellence in the information security industry. With nearly 700 entries submitted in thirty categories, the 2009 SC Awards was the most competitive yet in the program's twelve-year history. SC Magazine readers selected Websense Web Security and Websense Data Security Suite over competing solutions from Symantec, McAfee, RSA, a division of EMC and Blue Coat among others.

In addition to winning the Reader Trust Award categories for Best Web Filtering Solution and Best Data Loss/Leakage Prevention Solution, Websense was also a finalist in the Best Anti-Malware Solution category for the Websense Web Security Gateway and the Best Managed Service category for

Websense Hosted Email and Web Security.

"Websense is committed to providing organizations around the world with solutions that protect their essential information from emerging Web 2.0 threats as well as from accidental or malicious data loss," said Jim Haskin, senior vice president of marketing, Websense. "We're honored that IT security professionals have voiced their preference for Websense solutions with the SC Magazine Reader Trust Award for both Best Web Filtering Solution and Best Data Loss/Leakage Prevention Solution."

Websense Data Security Suite is the leading data loss prevention solution that accurately prevents data loss, secures business processes and helps manage compliance and risk by discovering where data is located, monitoring its use and protecting it, on the network and at the endpoint. Websense Data Security Suite is the only data loss prevention solution that provides content, context, and destination awareness, allowing administrators to manage who can send what information, where, and how.

Websense Web Security combines industry-leading Web filtering with protection against emerging Web threats including spyware, malicious code, phishing attacks, bots and Web 2.0 threats.

All of Websense solutions including Websense Web Security and Websense Data Security Suite are powered by the Websense ThreatSeeker™ Network which continuously monitors the Internet for changes and emerging Web threats. The resulting intelligence is incorporated in real-time into the company's Web, data and email security solutions. As a result, Websense solutions adapt to the rapidly changing Internet threat environment at speeds not possible by traditional security solution


To Purchase Websense Products Visit http://www.guardsense.com

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