comilion introduction presentation 26102012 (1)

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Next stage for mobile security - Confidential & proprietary -

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Page 1: Comilion introduction presentation 26102012 (1)

Next stage for mobile security

- Confidential & proprietary -

Page 2: Comilion introduction presentation 26102012 (1)

Comilion founders

Kobi Freedman, CEO

Kobi has 15 years of experience in the field of IT management & cyber security

• Co-Founding & managing initiatives in a total budget of 25 M$ Including

Comitari technologies (cyber defense company - award winning one of 10 most

promising startups by Forbes magazine)

• A member of Israel Cyber Security advisory forums

• Bachelor in Industrial Engineering and has a master's degree in Law studies

Guy Wertheim, CTO

Guy posses a vast experience in the field of cyber security

Guy served in the elite technological unit of the Israeli Intelligence corps in various

R&D & commander positions

• Guy worked as a consultant in McKinsey &Co.

• Guy is a Talpiot military academy, graduate with B.Sc. in Physics, Mathematics

and Computer Science and has a master’s degree in Computer Science (magna

cum laude)

The founders of Comilion are top experts in the field of cyber security and leading

large scale technological initiatives from concept to production and business

- Confidential & proprietary -

Page 3: Comilion introduction presentation 26102012 (1)

Our vision & mission

• We want to change the way individuals and enterprises are evaluating the App risk for privacy & security.

• We want to offer every individual the opportunity of enjoying all the best which smart mobility can offer while maintaining safe, private & effective experience.

- Confidential & proprietary -

Page 4: Comilion introduction presentation 26102012 (1)

In a nutshell

- Confidential & proprietary -

PermissionShield - Dynamic

Apps Permission Management

The first crowd sourcing platform for

mobile apps vulnerability

assessment – a global project

which aims to create the App

vulnerability index & permissions

profiling

Page 5: Comilion introduction presentation 26102012 (1)

Snapshot on the mobile market

iOS 19%

Android 49%

Symbian 16%

BlackBerry 12%

Windows Phone

1%

others 4%

0

2

4

6

8

2010 2011 2014 2020

Mobile devices worldwide (Billions)

enterprise consumer

Source: Canalys, Worldwide smartphone market, 2011

5.2 7.3 36.7

0

50

100

2010 2011 2014-15

Apps downloads & revenues (Billions)

App revenues App downloads

Source: Canalys, IDC, Gartner

- Confidential & proprietary -

Page 6: Comilion introduction presentation 26102012 (1)

Snapshot on the mobile security market

0

1

2

3

4

2011 2015 2016

Mobile security spend (Billions)

enterprise consumer Source: Juniper, Mobile Security Opportunities 2011-2016

0

1000

2000

3000

2011 2016

Number of devices having some security (Millions)

protected unprotected

Source: Ericsson, June 2012

Source: Billguard, 2011

- Confidential & proprietary -

Page 7: Comilion introduction presentation 26102012 (1)

Enterprise mobile security and usability

– Mobile computing is one of the major

trends of IT and the first security

issue - globally

– 53% (and increasing) of employees

are using their private devices to both

private and work related tasks

– 20% of the world’s browsing is made

VIA mobile platforms (estimated to be

50% in few years)

– Cyber threats are creating new kind

of challenges to secure the

organizational environment

– Organizational data is massively

transferring to unmanaged devices

– There is a crucial need in securing

organizational data in BYOD

scenarios

Source: STKI group 2012

Source: Global tech trends, E&Y 2012

- Confidential & proprietary -

Page 8: Comilion introduction presentation 26102012 (1)

The business challenge

Evolution

•Device protection, stand alone devices:

•Passwords

•AntiVirus

•Encryption

Current

•Device management

•MDM (Mobile Data Management)

•Remote block, wipe, locate

•Identity & policy management

•MAM (Mobile App Management)

•Internal App markets

•Virtualization

Next Stage

•BYOD:

•Immediate device adoption

•Secured Hybrid environments

•Less control

•Unmanaged private Apps

HOW ENTERPRISES DEAL WITH SMART MOBILE ?

- Confidential & proprietary -

Page 9: Comilion introduction presentation 26102012 (1)

Work Related Apps

Private Related

Apps

Major Security

gaps

Data

The business challenge BYOD & THE APPS PROBLEM

– In the next 3 years, 1.3 Billon

employees will have a mobile

device with work related data on

it (IDC)

– All major enterprise software

vendors are starting to offer

mobile apps (SAP, Oracle,

salesforce.com, Microsoft,

Google apps etc)

– The mixture of work related and

private apps exposes the data &

the device to new risk vectors

– Comilion is confronting the Apps

security gap in a new conception

- Confidential & proprietary -

Device

Browsing

Apps

Page 10: Comilion introduction presentation 26102012 (1)

– 1,000,000,000 (1 Billion) is the

current estimated amount of apps

– Every mobile device holds dozens

of Apps

– 80,000,000 app downloads every

day

– Apps are compromising the user’s

data and privacy – as a common

practice

– Almost all Apps (and free Apps the

most) upload sensitive private data

as a common practice

– In a BYOD scenario the problem

becomes a major corporate’s

concern

– The issue becomes much grater in

cyber related threats

FAMOUS APPS COMPROMISING PRIVACY

* WSJ – “WHAT THEY KNOW” DECEMBER 17, 2010

- Confidential & proprietary -

The business challenge BYOD & THE APPS PROBLEM

Page 11: Comilion introduction presentation 26102012 (1)

Comilion – the technology

– securely handle apps behavior &

data breach in an hybrid (BYOD)

environment

• End-user App for dynamic permission

management

• Recommendation & automatic decision

making backed by a crowd intelligence

platform for App behavior and risk analysis

• App sensitivity and risk analysis for the

enterprise customer

• Only app which doesn’t require Root

permissions

– The technology is protected by

patent requests the company was

lately filed

- Confidential & proprietary -

Page 12: Comilion introduction presentation 26102012 (1)

Competition environment

– Technologies for mobile security and

usability are evolving in different approaches

– Enterprise:

• In the enterprise BYOD – only part of MDM

suppliers are offering narrow permission

management

• There are few startups having initiatives in few

approaches towards ‘real’ BYOD

• Most security vendors are starting to offer

mobile security (mainly via M&A)

• Comilion’s strategy is based on integrating with

leading MDM

– Consumer:

• Currently, there are no apps dealing

comprehensively with the issue

• There are few Apps dealing with privacy in an

‘un-orthodox’ way

• Comilion’s strategy is based on generating

massive install base & by creating a

contributors community and aim to align with a

platform manufacturer

MAIN ADVANCED BYOD SECURITY/MDM

- Confidential & proprietary -

Page 13: Comilion introduction presentation 26102012 (1)

Strategic roadmap

1 Core technology dev

Consumer App

Data analysis

1st Enterprise Beta

2 Management consule

Integration

with MDM

Organizational App

3-4 Enterprise Beta

3 Standard MDM integration

App management features

Full data analysis platform

4 Platform oriented App

App developers integration platform

Advanced BYOD features (TBD)

IP

Consumer marketing

MDM bizDev

Direct enterprise coop

Mass Enterprise marketing

MDM coop agreement

Platform OEM agreement

MDM OEM agreements

THE STRATEGIC TARGET:

HAVING PRESENCE ON 10% OF THE WORLD’S MOBILE MARKET IN 3 YEARS (APPROX 200M USERS)

& GENERATING AN AVERAGE INCOME OF 0.5$/USER/YEAR

10K users

1M users

10M users

200M users

TE

CH

NO

LO

GY

BIZ

DE

V

GO

AL

- Confidential & proprietary -

Page 14: Comilion introduction presentation 26102012 (1)

Financials

The company is seeking to raise 1M$

which will finance the following

milestones:

Launching full scope consumer app

(Android +iOS)

Launching initial crowd intelligence

platform

R&D for windows mobile app

Entablish a solid presence in

consumer sector (for Android)

3-4 Beta sites for enterprise solution

BizDev for MDM market cooperation

0

50

100

150

200

Y1 Y2 Y3 Y4

Projected users & revenues (millions)

Revenues Consumers Enterprise

- Confidential & proprietary -

Page 15: Comilion introduction presentation 26102012 (1)

Kobi Freedman, CEO

Tel: +972-545-772232

[email protected]

- Confidential & proprietary -