Accumuli Share Discussion Threads

[igoe104] 17/2/2015 13:32

Thanks ALShah, all looks good for the sector and ACM.

[aishah] 17/2/2015 12:11

Nasdaq:VDSI beat the street by a big margin.
"Revenues for the fourth quarter and full-year 2014 were the best in the Company's history," stated T. Kendall Hunt, Chairman & CEO. "The results for 2014 reflected not only the markets' increased awareness of the need for our technology to safeguard their applications from the increased sophistication of hackers, but also the markets' recognition of the quality of our products and our reputation as a market leader in strong authentication."

Investment return approaching 350%+ on VDSI but a lot more to come there imo. Excellent area to be invested in imo.

[mazarin] 16/2/2015 18:48

They are certainly real concerns, but equally not surprising that Kaspersky is highlighting them. We should all be made more aware and therefore much more cautious, ultimately we all end up paying for this activity.

[igoe104] 16/2/2015 15:59

UK banks lose millions in cyber attack.

Cyber-hackers are thought to have stolen hundreds of millions of pounds from up to 100 banks and financial institutions across the world, including the UK.

The massive heist took place over the last two years, and is believed to have been carried out by a gang of criminals from Russia, Ukraine, other parts of Europe, and China.

Computer security firm Kaspersky Lab estimates that one billion US dollars (£648 million) was taken in the attack and the enterprise, called Carbanak, is still active.

Kaspersky said the "malicious" gang's plot marked the beginning of a new stage in the evolution of cyber-criminal activity, where users steal money directly from banks and avoid targeting end-users.

The gang used malware to infect organisations' networks, enabling them to see and record everything happening on employees' screens.

Robberies lasted months

The largest sums were grabbed by hacking into banks and stealing up to 10 million dollars in each raid, it is estimated.

On average, each bank robbery took between two and four months, from infecting the first computer at the bank's corporate network, to having the stolen money transferred to their own accounts using online banking or international e-payment systems.

In other cases, Carbanak inflated account balances before pocketing the extra funds via a fraudulent transaction.

Another part of the scam involved the gang seizing control of bank ATMs and ordering them to dispense cash at a pre-determined time of day.

According to Kaspersky Lab data, the scam targeted financial organisations in 30 countries including the UK, Russia, US and Switzerland.

A number of UK financial organisations were attacked, but the information is not able to tell whether the attempts succeeded, and not all financial institutions reported the incidents.

Banks on alert

As the operation is still active, banks are being urged to check their networks for the presence of Carbanak.

Sergey Golovanov, principal security researcher at Kaspersky Lab's global research and analysis team, said: "These bank heists were surprising because it made no difference to the criminals what software the banks were using.

"So, even if its software is unique, a bank cannot get complacent. The attackers didn't even need to hack into the banks' services: once they got into the network, they learned how to hide their malicious plot behind legitimate actions. It was a very slick and professional cyber-robbery."

The global theft is being investigated by Interpol and Europol.

Sanjay Virmani, director of Interpol's digital crime centre, said: "These attacks again underline the fact that criminals will exploit any vulnerability in any system

[igoe104] 13/2/2015 11:52

Good to see buys coming in above 30p again, its certainly done the trick today.

[igoe104] 12/2/2015 13:18

I bet accumuli client list is over 1000 now especially with the acquisition of random storm.

If they can get that cross selling figure over 30% it will make a significant revenue contribution.

[rivaldo] 09/2/2015 16:11

A trade of 1,225,000 shares at 29.23p just reported - has to be a buy from earlier which caused today's rise.

Nice.

[gargleblaster] 09/2/2015 14:27

I don't think this has anything new but this was the actual piece in Shares mag;

Accumuli (ACM:AIM) 28.75p
Cyber security buy-and-build consolidator Accumuli (ACM:AIM) has been a long-run favourite of Shares and it remains a running Play of the Week, nearly 44% in the money. Key to past and future success is sensibly-priced acquisitions that bolster its product range and allow the company to increasingly bundle multiple services for customers, and boost Accumuli’s profit margins.
Impressive operational execution means the company continues to turn its order book promise in to firm contract wins, winning £600,000-worth of gross profit contracts inside the past couple of months, covering security information and event management (SIEM), intrusion prevention and a licence sale for the company’s proprietary DDAM web traffic data monitoring suite.

With more than 20% of its 700-odd customers now taking more than a single service, cross-selling opportunities are being closed too. On year to March 2016 EPS of 2.1p, the stock is trading on an inexpensive PE of 13.7, a near-25% discount to its peer group, and the shares promise a 3.1% payout yield for next year too. (SFr)

[rivaldo] 08/2/2015 17:39

New case study which reads really well:

[igoe104] 06/2/2015 14:53

I think there was a bit more of a write-up in the shares mag, I had a brief look and it also said over 20% of the customers they are cross selling too now.

[aishah] 05/2/2015 11:24

Shares comment:
"On year to March 2016 EPS of 2.1p, the stock is trading on an inexpensive PE of 13.7, a near 25% discount to its peer group,and the shares promise a 3.1%
payout yield for next year too."

[rivaldo] 29/1/2015 07:28

Interesting article on the lack of data security security preparedness in the EU, with this quote from ACM:

hxxp://www.scmagazineuk.com/infosec-teams-unprepared-for-new-eu-data-protection-laws/article/394614/

"January 27, 2015
Infosec teams unprepared for new EU data protection laws

More than a third of IT security teams are unprepared for the EU's two incoming data protection laws, according to a new study from FireEye.....

.....Jon Inns, director of product management at Accumuli, the company that acquired RandomStorm late last year, added that the results were ‘not surprising' – but suggested that Cyber Essentials could hold the key to security improvements in the UK.

“The UK government has already begun actively tackling the lack of awareness and preparation, particularly among smaller UK firms, by introducing The Cyber Essentials framework, backed by CREST. Cyber Essentials defines a focused set of controls which can provide cost-effective cyber-security for organisations of all sizes. The framework is an important element of the UK government's National Cyber Security Strategy because smaller firms may lack the in-house expertise required to develop and maintain robust defences to deter cyber-criminals and comply with NIS and EU GDPR.

“Recent breaches have demonstrated that cyber-criminals often target smaller suppliers, or partner organisations, to gain a foothold in the networks of much larger target organisations.”;

This report isn't the voice to cast doubt on IT security maturity, especially in relation to the EU's General Data Protection Regulation. Back in April, Trend Micro revealed that only half of UK firms were aware of the legislation, compared to 87 percent of firms in Germany and 65 percent in France."

[masurenguy] 28/1/2015 09:04

Looks like ACM is on Viagra this morning ! :-)

[rivaldo] 28/1/2015 08:59

RandomStorm news:



"RandomStorm, an Accumuli company, achieves PCI global Approved Scanning Vendor status for eighth year in a row

January 2015 by Marc Jacob

security and compliance company, RandomStorm, acquired by Accumuli Security on 19th December 2014, has achieved global Approved Scanning Vendor status from the Payment Card Industry (PCI) Security Standards Council for the eighth successive year.

Formed by Visa, Mastercard, American Express, JCB and Discover Financial Services, the Payment Card Industry Security Standards Council sets international security guidelines for any company that processes, stores, or transmits customers’ payment card details. Merchants face financial penalties if they do not adhere to the guidelines and payment card security is subsequently affected by a breach within their network. Version 3.0 of the Payment Card Industry Data Security Standard (PCI DSS) was introduced in November 2013.....

....Commenting on RandomStorm’s renewed ASV certification, Jon Inns, Director of Product Management, Accumuli, said, “The biggest risk to an organisation’s IT security is complacency. Owing to the rapid evolution of cyber threats, merchants can no longer rely on quarterly audits to mitigate the risk to their payment card environment. Therefore, there is a greater requirement for PCI approved security specialists who can assist merchants by scrutinising their payment card environment and performing gap analyses to identify where their card data environment might be vulnerable to newly identified threats.”

RandomStorm provides vulnerability scanning and intrusion detection products and penetration testing services to help companies to improve and continually maintain their security posture. The company is a CESG CHECK security consultancy and certified as a Qualified Security Assessor (QSA) and Approved Scanning Vendor (ASV) by the Payment Card Industry Security Standards Council. RandomStorm was one of the first companies to achieve CREST accreditation for penetration testing and Cyber Essentials."

[mazarin] 27/1/2015 15:33

Any more of this and I'm taking the opportunity to buy more....!

[rivaldo] 27/1/2015 14:41

Lots of this going on at the moment on many stocks - crazy falls on tiny volumes for no particular reason, followed by just as quick recoveries.

[mazarin] 27/1/2015 14:23

Looks like its falling off a cliff today....why so?

[rivaldo] 27/1/2015 07:36

Good news....



"Accumuli Shortlisted for Corporate LiveWire's 2015 Innovation and Excellence Awards

Monday 26th January 2015

Accumuli has been nominated for Corporate LiveWire’s Innovation and Excellence awards. A new award for 2015, the award celebrates and rewards innovation & excellence recognising individuals, teams and organisations (no matter of size or location) for: innovation, best practice, leadership, performance, sustainable development CSR, employee satisfaction and customer service.

The most deserving are rewarded and published in a 2015 Innovation & Excellence Awards Guide to profile the background and recent achievements of the winners in each category."

[seans66] 24/1/2015 10:01

Article in FT Weekend today: Cyber criminals target investment platforms



"Global cyber security spending is set to reach $76.9 billion in 2015, 8.2% higher than in 2014".

[rivaldo] 23/1/2015 09:41

Got a free copy of the IC today - ST's piece on "Small cap tech wonders" as per penpont's post is prominent, with a nice piece on ACM.

In particular I thought this on the RandomStorm acquisition was a nice (if brief) summary - remember the acquisition price was £8.9m:

"RandomStorm generated £1m of cash profit in its last financial year on turnover of £3.5m and has a high recurring revenue base".

[penpont] 19/1/2015 22:48

Features among a small no of tech Cos positively updated in S Thompson article in IC today.

Concludes

'In the circumstances, I don't think that finnCap's raised target price of 36p is out of place and if you followed my advice I would run your 35 per cent gains.'

[igoe104] 16/1/2015 09:38

This is certainly a red hot sector.