Company:RiskIQ

From HandWiki
RiskIQ, Inc.
TypeSubsidiary
Founded2009; 16 years ago (2009)
Founders
  • Elias Manousos
  • Chris Kiernan
  • David Pon
HeadquartersSan Francisco, California, U.S.
ParentMicrosoft (2021-present)

RiskIQ, Inc. was a cyber security company that was based in San Francisco, California.[1] It provided cloud-based software as a service (SaaS) for organizations to detect phishing, fraud, malware, and other online security threats.

The company was co-founded in 2009 by Lou Manousos, Chris Kiernan, and David Pon. It received $10 million of Series A funding from Summit Partners in February 2013 and $25 million in series B funding from Battery Ventures in May 2014.[2][3] RiskIQ was a member of the Cloud Security Alliance (CSA).[4]

RiskIQ monitored advertising networks for malware (malvertising) and spyware[5] and also provided mobile app security services.[6] In May 2018, Standard Bank deployed RiskIQ's software to automate the threat analysis of brand infringement, cybercrime and web-based attacks against its digital presence.[7]

RiskIQ was acquired by Microsoft in July 2021 for more than $500,000,000 (~$500 million in 2024).[8]

References

  1. "California cyber security firm unveils research results of Amazon DNS server hijack - Xinhua | English.news.cn". http://www.xinhuanet.com/english/2018-05/18/c_137187741.htm. 
  2. Kelly, Meghan (July 18, 2013). "RiskIQ puts companies in a threat-prevention state of mind with $10M". Venture Beat. https://venturebeat.com/2013/07/18/riskiq-funding/. Retrieved May 28, 2014. 
  3. Vanian, Jonathan. "RiskIQ rakes in $25M to help companies monitor malware". http://gigaom.com/2014/05/29/riskiq-rakes-in-25m-to-help-companies-monitor-malware/. Retrieved May 29, 2014. 
  4. Poeter, Damon (2021-07-13). "Microsoft acquires cybersecurity firm RiskIQ for $500M". VentureBeat. https://venturebeat.com/security/microsoft-acquires-cybersecurity-firm-riskiq-for-500m/. Retrieved 2022-10-20. 
  5. Oltsik, Jon (April 24, 2014). "Enterprises Need Outside-In Continuous Monitoring for RiskManagement". Network World. http://www.networkworld.com/community/blog/enterprises-need-outside-continuous-monitoring-risk-management. Retrieved May 28, 2014. 
  6. Fulscado, Donna (September 5, 2013). "How to Stay Safe Downloading Apps". Fox News. http://www.foxbusiness.com/personal-finance/2013/09/04/how-to-stay-safe-downloading-apps/. Retrieved May 28, 2014. 
  7. Finextra (2018-05-03). "Standard Bank adopts RiskIQ suite to defend online presence" (in en). Finextra Research. https://www.finextra.com/pressarticle/73757/standard-bank-adopts-riskiq-suite-to-defend-online-presence. 
  8. Roof, Katie; Bass, Dina (2021-07-11). "Microsoft Agrees to Acquire Cybersecurity Company RiskIQ" (in en). Bloomberg. https://www.bloomberg.com/news/articles/2021-07-11/microsoft-is-said-to-be-buying-cybersecurity-company-riskiq.