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Monday, December 3, 2012

IOActive Acquires Flylogic

http://www.ioactive.com/news-events/IOAFlyLogic12PR.html







FOR IMMEDIATE RELEASE
July 26, 2012
Contact:
marketing@ioactive.com

IOActive Announces Acquisition of Flylogic Engineering and Hardware Security Lab


World-renowned Semiconductor Security Expert, Christopher, Tarnovsky, to Head IOActive's Expanded Hardware Division

Seattle, WA—July 26, 2012. IOActive, a a global leader in information security services and research, today announced the acquisition of Flylogic Engineering and its assets, in addition to the appointment of Christopher Tarnovsky as IOActive's Vice President of Semiconductor Security Services. In conjunction with this announcement, IOActive will be opening an expanded hardware and semiconductor security lab in San Diego, California.

Flylogic and Mr. Tarnovsky have long been at the forefront of this industry, building a world-renowned reputation for delivering high-quality semiconductor assessments to some of the most respected organizations in the world. With this acquisition, IOActive will be opening a new multi-million dollar hardware campus in San Diego. This lab will serve as both a training facility and home for Flylogic's expansive hardware needs, including tools such as a Focused Ion-Beam Workstation (FIB) and Scanning Electron Microscope (SEM).

Advances in embedded device manufacturing have resulted in smaller, faster, and more enhanced chips. As a result, supply chain security has become even more critical to forward-thinking enterprises: It is clear that investing solely in software security is no longer enough to combat today's sophisticated attackers. The new-generation attacker has targeted the silicon, embedding hidden gates and/or backdoors at the electron level that could allow any system appointed with the technology to be quietly compromised far outside the realm of the asset holder to ever detect.

With this acquisition, IOActive is the only leading international boutique security firm in the world with the capability to review chips at the silicon level in-house, using world-acknowledged and -accredited experts while leveraging our best-of-breed software security experts. The expansion of the San Diego lab will allow Tarnovsky and his team to focus on performing these types of extensive semiconductor risk assessments and provide the necessary insights to drive the shift toward more secure chipsets.

"The passion and skill Chris has for his work mirrors what IOActive's team has long been known for. He has a keen eye and unmatched skill for breaking semiconductors, coupled with a strong desire to help his clients be more secure," said Jennifer Steffens, Chief Executive Officer of IOActive. "What he has accomplished with Flylogic is amazing; we are thrilled to be forming this unified team and to provide the support needed to bring services to the next level."

"I've had the pleasure of getting to know IOActive over the last few years and the timing couldn't be better for this announcement. They continue to break the barriers of what is expected from security firms and with their backbone of support, our semiconductor security assessments can continue to surpass all expectations," said Chris Tarnovsky, owner of Flylogic and now VP of Semiconductor Security at IOActive. "I'm excited to work with them as we strive to improve the security landscape overall."

Christopher Tarnovsky will be available to discuss Flylogic and the acquisition in IOActive's IOAsis suite at Caesars Palace. For more information, visit http://info.ioactive.com/bh-2012.html.

About IOActive
Established in 1998, IOActive is an industry leader that offers comprehensive computer security services with specializations in smart grid technologies, software assurance, and compliance. Boasting a well-rounded and diverse clientele, IOActive works with a majority of Global 500 companies including power and utility, hardware, retail, financial, media, aerospace, high-tech, and software development organizations. As a home for highly skilled and experienced professionals, IOActive attracts talented consultants who contribute to the growing body of security knowledge by speaking at such elite conferences as Black Hat, Ruxcon, Defcon, BlueHat, CanSec, and WhatTheHack. For more information, visit www.ioactive.com.

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