This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Magal Expands Its Activity Into Cyber Security

YEHUD, Israel, November 6, 2012 /PRNewswire/ --

Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it has expanded its business proposition and will start delivering cyber protection solutions to its existing and new customers.

Magal's new solutions will monitor, detect and protect against abnormal network activity, both landline and wireless, within and close to protected sites. Magal is teaming with third party technology companies to deliver turnkey cyber security solutions for critical sites, and will offer an integrated suite of solutions for both the physical and networked world.

As a first step, Magal will deliver cyber protection for the actual security network, which may itself be exposed to cyber attacks. Magal will subsequently provide a full umbrella for critical sites, covering the core production systems, infrastructure and information systems.

Eitan Livneh, President and CEO of Magal S 3 , commented: "The traditional physical threats to sensitive sites are now exacerbated by cyber threats, which have the potential to jeopardize the mission of our customers. Unlike the physical space, deterrence barely exists in cyberspace, and therefore in this cyber decade, seaports, airports, power utilities, cities and in fact, any business cannot be left protected with only physical security."

Continued Mr. Livneh, "With 42 years of proven security experience, we are now launching a new paradigm of integrated physical and cyber security, managed through a unified Security Operation Center (SOC) by Fortis 4G - our latest command and control system. We can now deliver turnkey solutions, based on our partners' products as well as third party technologies. We will also provide full technical services, including threat analysis, overall design, implementation and ongoing upgrades."

About Magal S 3

Magal S3 is a leading international provider of security, safety and site management solutions and products. Over the past 42 years, Magal S3 has delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in some of the world's most demanding locations.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,048.95 -1.80 -0.01%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,816.1370 +5.3490 0.11%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs