Cyren Ltd. is a cloud-based, Internet security know-how firm offering security as a service (SECaaS) and threat intelligence options to companies. Services embrace electronic mail safety, internet safety, DNS safety, cloud sandboxing, inbound/outbound anti-spam providers, actual-time phishing detection and blocking, ransomware safety, URL filtering, IP repute for email, malware assault detection, anti-malware and IP intelligence, botnet assault prevention, and cloud risk lookup. Cyren additionally gives endpoint protection, together with anti-malware for cellular, URL filtering for cellular, and inbound/outbound Internet of Things (IoT) gateway safety. Major company shoppers utilizing Cyren’s providers embrace Microsoft, Google, Check Point, Dell, T-Mobile, and Intel.
Cyren at the moment employs roughly 220 workers members with headquarters in McLean, Virginia (USA) and workplaces in Herzliya (Israel), Berlin (Germany), Bracknell (UK) and Reykjavík (Iceland). Its widespread inventory is listed on the NASDAQ Stock Exchange beneath the ticker image CYRN. In January 2019, Cyren introduced that it was voluntarily delisting from the Tel Aviv Stock Exchange.
Cyren is among the many most nicely-funded cybsecurity companies within the Washington, DC metro space based on a 2018 examine. In 2018 Cyren made information for its analysis into phishing traits, notably the prevalence of Microsoft Office, Office365, and Outlook because the manufacturers most focused by phishing kits. In the identical yr, the agency supplied main help to the Icelandic police throughout their investigation of the most important cyberattack to hit the nation of Iceland.
The firm estimates that its safety cloud at the moment processes greater than 25 billion safety transactions generated by over 1.Three billion customers in 180 international locations to detect cyber threats as they emerge.
Company historical past
Cyren was integrated as a personal firm beneath the legal guidelines of the State of Israel on February 10, 1991. In September 2010, the corporate acquired the Command Antivirus division of Authentium, and in October 2012, accomplished the acquisition of the antivirus enterprise FRISK Software International. In November 2012, the corporate accomplished acquisition of Eleven GmbH, which enabled the corporate to speed up supply of personal label cloud-based mostly safety options, particularly designed for OEM and service supplier markets. In January 2014, the corporate obtained shareholder approval to alter its title from the unique of “Commtouch” to Cyren Ltd.
Technology
Cyren’s cloud-based mostly safety options are delivered through two platforms: Cyren Cloud Security (CCS)[12] and Threat Intelligence Services (TIS). The CCS SaaS safety platform is designed for enterprises and bought both immediately or by channel companions. Services embrace Web Security, Email Security, DNS Security and Cloud Sandboxing. Cyren TIS provides cloud-based mostly cyber risk detection application program interfaces (APIs), and software development kits (SDKs) to know-how and safety distributors, together with Google and Microsoft. Cyren TIS providers embrace Email Security, Web Security, Endpoint Security and Advanced Threat Protection. These platforms are powered by Cyren GlobalView™, Cyren’s international safety cloud that analyzes 25 billion safety transactions every day to establish rising threats in actual time.
Recent bulletins
In February 2019, Cyren introduced the intent of Lior Samuelson, the Chief Executive Officer and Chairman of the Board, to step down as CEO after transitioning his duties to a successor to be recognized in the long run by the Board of Directors.
In January 2019, Cyren introduced that it could be voluntarily delisting from the Tel Aviv Stock Exchange (TASE) in an effort to simplify regulatory filings and focus fragmented buying and selling quantity onto the Nasdaq change. The delisting is predicted to grow to be efficient in April. Cyren will proceed to keep up its headquarters in Herzliya, Israel and function as an Israeli-registered firm.
In July 2017, the personal fairness agency Warburg-Pincus introduced it had acquired a 21.3% stake in Cyren for the value of $19.6 million.
Awards
In 2018 and 2019, Cyren Email Security obtained a primary-place gold award within the electronic mail safety class within the Cybersecurity Excellence Awards, and positioned on the prime within the anti-malware class in 2017.