Virsec drew more than $50 million of capital and more than 30 patents for highly differentiated security solutions.
The Virsec Security Platform detects and stops advanced attacks during runtime across the full application stack, including the web, memory and host layers. This offers an advanced, turnkey solution for a wide range of enterprise applications that otherwise do not exist. Virsec takes a unique approach to guard-railing applications. The product’s ability to protect applications, server workloads and memory during runtime blocks a broad spectrum of cyberattacks, including ransomware attacks.
The company’s patented AppMap technology builds a model of each application based on the application itself and where it gets placed into memory each time the application loads. When the application executes, Virsec detects any deviations from the application’s design and instantaneously reacts. When AppMap instruments the application, it verifies the binaries and libraries that make up the application and traces out the valid control flow within those applications automatically. No manual whitelisting or tuning/training is required. Virsec’s strong partnerships include 600% growth alongside their robust customer base, including 5,000 global customers, in 16 countries.
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Virsec has been successfully deployed by Schneider Electric, the prominent European manufacturer. Schneider Electric has defeated ongoing, sophisticated attacks against critical infrastructure operations in runtime. To understand what’s at stake for an Industrial Control Systems (ICS) customer like Schneider Electric, its infrastructures are the backbone of a nation. A single compromise can result in devastating physical, financial and environmental damage that impacts thousands and costs millions in losses.
“Advanced attacks like Stuxnet, BlackEnergy, Triton, and Industroyer that weaponize at runtime in application memory are posing an increasing risk to critical infrastructure and industrial environments,” the company said. “The level of sophistication and frequency of these attacks continuously challenge operation and security teams because they bypass traditional security tools. But with Virsec technology, their system workloads are self-defending and secure.”