CYREN

This article is about the Internet security company. For the protein, see CYREN (protein). For other uses, see Cyren.

Cyren, Inc.
Company typePublic
Nasdaq: CYRN
TASE: CYRN
IndustryIT Security
Software
Information Technology
Founded1991; 33 years ago (1991)
Headquarters
U.S. Headquarters in McLean, Virginia
,
United States
Key people
Brett Jackson (former CEO)
ProductsWeb security services
RevenueIncrease US$35.9 million[1] (2018)
Number of employees
151 (2023)
SubsidiariesCyren Inc., formerly known as Commtouch Inc. (Delaware)
Cyren Germany GmbH & Co KG formerly known as eleven Gesellschaft zur Entwicklung und Vermarktung von Netzwerktechnologien mbH (Germany)
Cyren GmbH (Germany)
Cyren UK Ltd (United Kingdom)
Cyren Iceland hf formerly known as Commtouch Icelandhf (Iceland)
Websitecyren.com

Cyren Inc. was a cloud-based Internet security technology company that provided security services and threat intelligence services to businesses. It offered a range of services including web security, DNS security, anti-spam solutions, phishing detection, ransomware protection, URL filtering, malware detection, and botnet attack prevention. Cyren also provided endpoint protection for mobile devices and Internet of Things (IoT) gateways. Major clients included Microsoft, Google, Check Point, Dell, T-Mobile, and Intel. The company announced its closure in February 2023.[2]

At its peak, Cyren employed approximately 220 with headquarters in McLean, Virginia (US), and offices in Herzliya (Israel), Berlin (Germany), Bracknell (UK) and Reykjavík (Iceland). Its common stock was listed on the NASDAQ Stock Exchange under the ticker symbol CYRN. In January 2019, Cyren announced that it was voluntarily delisting from the Tel Aviv Stock Exchange.[3]

Cyren was among the most well-funded cybersecurity firms in the Washington, D.C., metro area[4] according to a 2018 study. In 2018 Cyren made news for its research into phishing trends, particularly the prevalence of Microsoft Office, Office365, and Outlook as the brands most targeted by phishing kits.[5] In the same year, the firm provided primary support to the Icelandic police during their investigation of the largest cyberattack to hit the country.[6][7]

The company estimated that its security cloud currently processes more than 25 billion security transactions generated by over 1.3 billion users[8] in 180 countries to detect cyber threats as they emerge.

  1. ^ "Cyren Reports Fourth Quarter and Full Year 2018 Financial Results". ir.cyren.com.
  2. ^ AG, EQS Group (February 1, 2023). "Cyren Announces Global Reduction in Force; Liquidity Challenges". Accesswire. Retrieved July 8, 2023.
  3. ^ "Cyren Announces Voluntary Delisting from the Tel Aviv Stock Exchange". Yahoo! Finance. PR Newswire. January 10, 2019.
  4. ^ Sabin, Sam (April 19, 2018). "The 10 Top Funded Cybersecurity Companies in the D.C. Metro Area". DC Into.
  5. ^ Arghire, Ionut (December 21, 2018). "Office 365, Outlook Credentials Most Targeted by Phishing Kits". Security Week.
  6. ^ Ilascu, Ionut (October 12, 2018). "Largest Cyber Attack Against Iceland Driven by Complex Phishing Scheme". Bleeping Computer.
  7. ^ "Iceland hit by Biggest Cyber Attack on Record". PC Risk. October 15, 2018.
  8. ^ Yogesh, Bala (May 31, 2018). "9 Pure Play Cybersecurity Stocks". Security Investing News.