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Saturday, April 19, 2014
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Error 404--Not Found

Error 404--Not Found

From RFC 2068 Hypertext Transfer Protocol -- HTTP/1.1:

10.4.5 404 Not Found

The server has not found anything matching the Request-URI. No indication is given of whether the condition is temporary or permanent.

If the server does not wish to make this information available to the client, the status code 403 (Forbidden) can be used instead. The 410 (Gone) status code SHOULD be used if the server knows, through some internally configurable mechanism, that an old resource is permanently unavailable and has no forwarding address.

Mergers and acquisitions in security

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If someone had asked me to combine the names Betrusted Holdings and TruSecure Corp., I would have come up with something like “Behold Secure TruTrust.” So it was probably best no one did ask me when these two security firms, TruSecure and Betrusted, decide to merge and wanted to pick a new name.

The new company name announced as part of the merger last week -- Cybertrust -- surprised me, not because there’s anything wrong with it, but because it’s far from original. Oldtimers will recall that GTE CyberTrust was once part of the telecommunications firm GTE, and CyberTrust digital certificates were quite the rage back in the '90s.

GTE CyberTrust was bought by U.K.-based Baltimore Technologies, another digital certificate company, in 2000. Baltimore expanded into other areas and then faltered, though the company name still endures.

Then, in 2003, Betrusted (once a PriceWaterhouseCoopers spin-off for digital certificates services that was bought by One Equity Partners, a private equity arm of JPMorganChase) acquired many of Baltimore’s assets, including the digital certificate UniCert product line. They also got the rights to the Cybertrust name.

So, the world of public-key infrastructure (PKI) digital certificates has come full circle as Betrusted, a digital-certificate and professional services firm based in New York, locked arms with Herndon-based TruSecure, which provides risk management products and services, to become Cybertrust.

While both TruSecure and Betrusted are privately held and don’t publicly disclose earnings, they claim to have a combined annual revenue of $160 million. John Becker, formerly the chair and CEO of TruSecure and now CEO of Cybertrust, said this probably makes Cybertrust fairly large in comparison to many other privately held security firms. However, since these security competitors, too, don’t publish their numbers, it’s the grapevine of information by which this must be judged.

The key question for the “new” Cybertrust, of course, is why Betrusted and TruSecure believe their merger will create a company that’s more than the sum of its parts.

Becker said corporate customers have made it clear they appreciate security firms that can show they are a global player. These customers, mainly large global organizations, “want consistent results throughout the world,” says Becker.

The merger between TruSecure and Betrusted to form the “new” Cybertrust is aimed at expanding horizons for both. TruSecure had mainly been active in North America, and “we were struggling to expand into Asia and Europe,” Becker said.

In contrast, Betrusted -- which has a majority stake in Leuven, Belgium-based managed security services firm Ubizen -- has a footprint in 26 countries, he noted. “Betrusted is also doing a lot of national I.D. projects based on PKI-based smart cards in Europe,” he adds.

Becker acknowledged Cybertrust has “a thousand-plus competitors” in security, including giants like Symantec and McAfee, which one can be sure, are going to be scooping up the best of what they can find for sale. Symantec, for instance, just entered into an agreement to buy Boston-based @stake for an undisclosed sum. Mergers and acquisitions have long been part of the security industry, as they have in the rest of networking, and you can be sure there will be plenty more in the days to come.

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