October 24, 2014 8:42 PM ET

Software

Company Overview of IntellinX Ltd.

Company Overview

IntellinX Ltd. develops behavior tracking solutions. Its Intellinx is a software product used for tracking end-user activity in internal business applications in heterogeneous platforms, including legacy systems. Intellinx is used in combating insider threats, as well as in complying with government regulations, collecting forensic audit trail of authorized user activities, managing operational risk, and in tracking services availability and performance. The company provides a check fraud solution for the fraud detection and minimization of financial losses. It serves financial, government, healthcare, and utilities organizations. The company offers its products directly, as well as through ...

1c Yoni Netanyahu Street

Or-Yehuda,  60200

Israel

Founded in 2005

Phone:

972 3 5385555

Fax:

972 3 6349230

Key Executives for IntellinX Ltd.

Co-Founder and Chief Executive Officer
Co-Founder
Vice President of Business Development
Professional Services Director of Americas
Professional Services Director of International
Compensation as of Fiscal Year 2014.

IntellinX Ltd. Key Developments

IntellinX Ltd. Launches Healthcare Solution to Ensure Patient Privacy and Compliance

IntellinX Ltd. announced the general availability of its healthcare solution which ensures patient privacy and compliance with HIPAA and other government regulations. Securing the privacy of over 70 million patient records at major hospitals, clinics and insurers in three continents, Intellinx's Healthcare Solution now includes proven business rules for more comprehensive protection and a quicker implementation in addition to patented sniffing technology used to monitor suspicious activity. According to the US Department of Justice, last year marked a record number of prosecuted healthcare fraud cases, with an increase of 3% over the previous year, and total recoveries of $4.3 billion. Demand for medical information remains strong on criminal marketplaces because it takes victims longer to realize the information has been stolen. Sensitive patient data can be leaked for many purposes, for example to reveal information about celebrities, public officials, and job applicants or for double billing or other types of payment fraud. Cyber criminals were getting paid $20 for health insurance credentials on some underground markets, compared with $1 to $2 for U.S. credit card numbers prior to the Target breach, according to Dell SecureWorks. Intellinx solution's patented technology provides the most comprehensive protection of patient privacy. Using proprietary methods to monitor user access to Electronic Medical Record (EMR) and electronic Protected Health Information (ePHI) as well as activity using EPIC and other healthcare systems, Intellinx's Healthcare Solution can identify suspicious activity without relying solely on data from log files and application databases that typically do not provide sufficient information on users who just browse patient data without making any transactions. According to Data Breach Report 59.4% of total exposed records are the result of insider activity.

Intellinx Ltd. Launches Check Fraud Solution with Cross Channel Analytics for Effective Detection

Intellinx Ltd. announced the general availability of its check fraud solution which provides accuracy and timeliness of fraud detection to minimize financial losses. The system tracks multiple indicators of suspicious activity across customer, account and check data and combines this information with internal and external user activity collected using Intellinx's unique sniffing technology. The Intellinx Check Fraud Solution integrates seamlessly with the Intellinx Enterprise Alert & Case Manager. Information is shown in an intuitive way matching the investigation process with the ability to display all relevant information including past account activity and check images for each alert. Business users can define business rules and choose the best way to correlate activity from different systems and display system data.

Intellinx Ltd. Announces Integration of the Intellinx Fraud Management Platform with the Hadoop Framework

Intellinx Ltd. announced the integration of the Intellinx Fraud Management Platform with the Hadoop framework to deliver cost effective real time enterprise-wide fraud prevention. Currently deployed at a Tier-1 bank in North America, the Intellinx cybersecurity solution utilizes contextual data by profiling both applications and users to identify more sophisticated types of attacks, such as DDOS (distributed denial-of-service), with increased accuracy. Intellinx's support for the Hadoop platform enables cost-effective processing of very large volumes in a distributed computing environment, enabling analysis at a very granular level, yielding more insights to detect fraud. In addition, by reducing the need for conventional SQL databases, Intellinx 5.1 customers can cut their software licensing costs significantly. Intellinx 5.1 prevents future fraud attacks by gaining a better understanding of emerging threats. Based on non-invasive network recording, Intellinx 5.1 creates profiles for online users, and correlates them with offline data (such as call-center data, ATM activity, employee actions), resulting in more precise detection of fraud attempts. Applications are also monitored in order to create a baseline of normal behavior which is then compared with new activity, to detect malware attacks such as man-in-the-browser in real-time. The combination of application profiling and user profiling in the same solution provides a more holistic approach for fraud detection.

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