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Veracode wins Best Security Management

Honoured for third year running in premier European industry awards

BURLINGTON near Boston, Mass., 29, April 2010 – Veracode, provider of the leading cloud-based application risk management services platform, announced today that it has again been the recipient of a prestigious SC Magazine Europe award. Veracode SecurityReview®, the most complete, accurate, and cost-effective way to independently verify the security quality of internally developed and third-party software, won the award for Best Security Management. Veracode was also commended as a finalist for Best Security Solution for Financial Services – an award which it won last year.

“We are honoured that for the third year running Veracode’s unique capabilities have been acknowledged by SC Magazine,” said Matt Moynahan, Veracode CEO. “It underscores the impact that cloud-based application risk management is having on the European security testing market. We are actively expanding our European presence now in response to the growing market uptake.”

Now in their fifteenth year, these widely followed awards are designed to reward excellence and innovation in the IT security industry. Veracode SecurityReview was among more than 300 entries submitted for the SC Magazine Awards Europe. The panel of judges included chief security officers as well as high level IT security executives. Veracode was presented with these accolades at the SC Magazine Awards gala dinner on Tuesday 27 April, 2010 at the Wyndham Hotel at Chelsea Harbour in London.
Of the awards themselves, SC Magazine Editor Paul Fisher commented, "Tonight was fantastic. Our winners were chosen from some truly outstanding finalists. The judges had a tough time choosing the eventual winners. The industry is in great health."

About SC Magazine

SC Magazine is an unrivalled intelligence source for information security and risk professionals. Its readership includes FTSE 100 CISOs and CSOs who are relied upon to protect their businesses from the wide-ranging data threats that exist in the world today. Each issue of the magazine includes news and threat analysis, stats, features on the security issues that matter, and insightful columns from industry experts. The SC Interview, carried in every issue, profiles the key thinkers in information security, including the CEOs of the leading IT security vendors. Unique in its sector, SC also publishes comprehensive product reviews and group tests of IT hardware and software. SC is indispensable for anyone with an interest in information security and protecting their business.
For more information about the awards, see

About Veracode

Veracode is the world’s leader in cloud-based application risk management. With patented binary code analysis, dynamic Web assessments, and partner or Veracode-delivered manual penetration testing, combined with developer e-learning and access to open source security ratings, Veracode SecurityReview® allows customers to independently verify application security in both internally developed applications and third-party software without requiring source code or expensive tools. Veracode provides the most simple, complete and accurate way to implement security best practices, reduce operational cost and comply with internal security policies or external standards such as OWASP Top 10, CWE/SANS Top 25 and PCI. Veracode works with global organizations across multiple vertical industries including Barclays PLC, California Public Employees’ Retirement System (CalPERS), Computershare, and the Federal Aviation Administration (FAA). For more information, visit

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Copyright © 2010 Veracode, Inc. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.

Media Contact:

Jane Folwell
Folwell PR
Tel: 01344 8451342
Mob tel: 07950 033370

This press release was distributed by ResponseSource Press Release Wire on behalf of Jane Folwell in the following categories: Business & Finance, Computing & Telecoms, for more information visit