Virogen Highlights Hacking of U.S. Chamber of Commerce as Sign of Critical Importance of Effective Data Encryption Solutions
December 29 2011 - 8:50AM
Virogen, Inc. (OTC:VRNI), a holding company
specializing in data security and encryption technology, today
highlighted the recent breach of America's top business-lobbying
group's computer defenses by Chinese hackers as another recent high
profile attack that shows the importance of effective data
encryption technology for governments and large corporations.
On December 21, 2011, a group of hackers in China breached the
computer defenses of America's top business-lobbying group and
gained access to everything stored on its systems, including
information about its three million members, according to several
people familiar with the matter.
The break-in at the U.S. Chamber of Commerce is one of the
boldest known infiltrations in what has become a regular
confrontation between U.S. companies and Chinese hackers. The
complex operation, which involved at least 300 internet addresses,
was discovered and quietly shut down in May 2010.
It is possible the hackers had access to the network for more
than a year before the breach was uncovered, according to two
people familiar with the Chamber's internal investigation. Damage
from data theft is often difficult to assess but people familiar
with the investigation said the hacked emails revealed the names of
companies and key people in contact with the Chamber, as well as
trade-policy documents, meeting notes, trip reports and
schedule.
"The Chamber of Commerce's COO stated that the attack was
carried out by somebody who was 'very sophisticated' that used
'sophisticated tools to try to gather intelligence.' It is exactly
these types of sophisticated attacks that we design our
comprehensive solution to data security breaches to prevent. We are
continually seeking to update and improve our unique tools and
technology," commented Paul Hogan, CEO of Virogen, Inc., on the
attack.
"This most recent instance shows how prevalent cyber-attacks
have become and how high the stakes have become. We anticipate the
demand for solutions to these threats to see aggressive growth
while we provide them to enterprise level corporations and
governments," continued Hogan.
About Virogen, Inc.
Virogen, Inc. is a technology holding company. The company's
wholly owned subsidiary, Tiger Team Technologies "T3," has
developed a very unique suite of copyrighted tools to address the
network and database security needs of enterprise level companies
and corporations. T3's risk management offering provides an
unprecedented level of security and liability protection,
positioning it as the only company with a comprehensive solution to
data security breaches for its clients. T3's primary markets
include medical service providers, financial services firms,
brokerages and currency transaction platforms, consumer credit card
companies, banking entities, retailers, defense and government
related operations.
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CONTACT: Investor Contact:
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267-364-5407
investors@sealpointconsulting.com