Carlo Minassian’s security company Earthwave offers new product

April 10, 2012 - 15:03 AMT

PanARMENIAN.Net - Earthwave, a managed security services provider, is pioneering a much faster way for large companies and service providers to create a security operations center that meets a high standard for security, PCWorld reports.

It's called SOC-in-a-Box, a product Earthwave began offering after helping companies on a piecemeal basis build security operations centers, said Carlo Minassian, who founded the Sydney-based company 12 years ago and is its CEO.

Financial services, telecommunication operators and government agencies all need extensive monitoring of their networks as hackers seek to steal data and disrupt operations.

Earthwave decided to start offering a SOC as a complete package. Companies typically can spend three to five years building, certifying and staffing a SOC on their own built from scratch, but Earthwave has cut that time down to a year, Minassian said. Clients can use whatever technology they want, with Earthwave making sure it works right, or even contract with Earthwave to run it.

Minassian also spearheaded the Threat Intelligence Alliance, a program started five years ago that collects information on Internet threats from other vendors, such as URL blacklists and botnet command-and-control servers. That intelligence is incorporated into its network monitoring systems.

About half of Earthwave's clients are Australian government agencies, with the others in areas such as financial services and telecommunications. For example, Earthwave is responsible for network monitoring for about 95 percent of the critical infrastructure used for delivering clean water and energy in the state of New South Wales, Minassian said.

So far Earthwave's managed services are focused solely on Australia due to data-handling requirements dictated by the security specifications it builds to, Minassian said. But the company has done consulting for other large companies outside of Australia.

Minassian is an ethnic Armenian who immigrated to Australia from Iran in 1985.