F-Secure

Last updated
F-Secure Corporation
Company type Public
Nasdaq Helsinki:  FSECURE
Industry Computer software
FoundedMay 16, 1988 (as Data Fellows)
1999 (as F-Secure)
FounderPetri Allas
Risto Siilasmaa
Headquarters Helsinki, Finland
Key people
Products Cybersecurity software
Services Computer security
RevenueIncrease2.svg 111.0 million (2022) [2]
Increase2.svg €38.8 million (2022) [3]
Total assets Increase2.svg €62.7 million (2022) [3]
Total equity Increase2.svg €24.8 million (2022) [3]
Number of employees
350+ (2022) [3]
Website www.f-secure.com

F-Secure Corporation is a global cyber security and privacy company, which has its headquarters in Helsinki, Finland.

Contents

The company has offices in Denmark, Finland, France, Germany, India, Italy, Japan, Malaysia, Netherlands, Norway, Poland, Sweden, the United Kingdom and the United States, with a presence in more than 100 countries, and Security Lab operations in Helsinki and in Kuala Lumpur, Malaysia.

F-Secure develops and sells antivirus, VPN, password management, and other consumer cyber security products and services for computers, mobile devices, smart TVs and internet of things devices. The company also offers several free-to-use tools on its website.

In 2022, F-Secure announced a demerger of its corporate and consumer businesses. In conjunction with the demerger, the corporate business branch was renamed as WithSecure. [4] [5]

History

F-Secure was first established under the name Data Fellows by Petri Allas and Risto Siilasmaa on May 16, 1988. Data Fellows trained computer users and built customized databases. Three years later, the company launched its first major software project and developed the first heuristic scanner for antivirus products. F-Secure’s first antivirus product for Windows PCs was launched in 1994. Data Fellows became F-Secure in 1999. F-Secure was the first company that developed an anti-rootkit technology called BlackLight in 2005. [6]

In June 2015, F-Secure expanded into the enterprise market by acquiring nSense, a Danish company that specializes in security consultation and vulnerability assessment. [7] The purchase of Inverse Path, a privately owned Italian security consultancy with experience in avionics, automative, and industrial control sectors. [8]

F-Secure Client Security received AV-TEST Best Protection award for the fifth time in 2016. [9]

In June 2018, F-Secure acquired security company MWR InfoSecurity for 80 million pounds ($106 million). F-Secure gained the MWR consulting business (now F-Secure Consulting), its threat hunting product, Countercept (now F-Secure Managed Detection and Response), and its suite of phishing protection services, phishd. [10] [11]

February 17th 2022, F-Secure announced a demerger of its corporate and consumer businesses. In conjunction with the demerger, the company was renamed as WithSecure Corporation (“WithSecure”). [12] The consumer security business was to be transferred into a new independent company and continue using the name F-Secure Corporation. The demerger came into effect July 1st, 2022, when F-Secure was listed to Nasdaq Helsinki and the corporate business was completely separated from the company. [13]

Academia

In co-operation with Aalto University School of Science and Technology, F-Secure runs a one-semester course for future virus analysts, with some material available online. [14]

Controversies

After the media coverage of Magic Lantern and claims by some AV vendors to purposely leave a backdoor for it in their products, F-Secure announced their policy on detecting these spying programs:

"F-Secure Corporation would like to make known that we will not leave such backdoors to our F-Secure Anti-Virus products, regardless of the source of such tools. We have to draw a line with every sample we get regarding whether to detect it or not. This decision-making is influenced only by technical factors, and nothing else, but within the applicable laws and regulations, in our case meaning EU laws."

"We will also be adding detection of any program we see that might be used for terrorist activity or to benefit organized crime. We would like to state this for the record, as we have received queries regarding whether we would have the guts to detect something obviously made by a known violent mafia or terrorist organization. Yes we would." [15]

See also

Related Research Articles

Malware is any software intentionally designed to cause disruption to a computer, server, client, or computer network, leak private information, gain unauthorized access to information or systems, deprive access to information, or which unknowingly interferes with the user's computer security and privacy. Researchers tend to classify malware into one or more sub-types.

<span class="mw-page-title-main">Timeline of computer viruses and worms</span> Computer malware timeline

This timeline of computer viruses and worms presents a chronological timeline of noteworthy computer viruses, computer worms, Trojan horses, similar malware, related research and events.

<span class="mw-page-title-main">McAfee</span> American global computer security software company

McAfee Corp., formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company headquartered in San Jose, California.

<span class="mw-page-title-main">Antivirus software</span> Computer software to defend against malicious computer viruses

Antivirus software, also known as anti-malware, is a computer program used to prevent, detect, and remove malware.

<span class="mw-page-title-main">ESET</span> Slovak internet security company

ESET, s.r.o., is a software company specializing in cybersecurity. ESET's security products are made in Europe and provide security software in over 200 countries and territories worldwide. Its software is localized into more than 30 languages.

Norton AntiVirus is an anti-virus or anti-malware software product founded by Peter Norton, developed and distributed by Symantec since 1990 as part of its Norton family of computer security products. It uses signatures and heuristics to identify viruses. Other features included in it are e-mail spam filtering and phishing protection.

<span class="mw-page-title-main">Avast</span> Czech security software company

Avast Software s.r.o. is a Czech multinational cybersecurity software company headquartered in Prague, Czech Republic, that researches and develops computer security software, machine learning, and artificial intelligence. Avast has more than 435 million monthly active users and the second largest market share among anti-malware application vendors worldwide as of April 2020. The company has approximately 1,700 employees across its 25 offices worldwide. In July 2021, NortonLifeLock, an American cybersecurity company, announced that it was in talks to merge with Avast Software. In August 2021, Avast's board of directors agreed to an offer of US$8 billion.

CARO is an organization that was established in 1990 to research and study malware.

<span class="mw-page-title-main">Kaspersky Anti-Virus</span> Antivirus solution

Kaspersky Anti-Virus is a proprietary antivirus program developed by Kaspersky Lab. It is designed to protect users from malware and is primarily designed for computers running Microsoft Windows and macOS, although a version for Linux is available for business consumers.

<span class="mw-page-title-main">Storm Worm</span> Backdoor Trojan horse found in Windows

The Storm Worm is a phishing backdoor Trojan horse that affects computers using Microsoft operating systems, discovered on January 17, 2007. The worm is also known as:

Webroot Inc. is an American privately-held cybersecurity software company that provides Internet security for consumers and businesses. The company was founded in Boulder, Colorado, US, and is now headquartered in Broomfield, Colorado, and has US operations in San Mateo and San Diego, and globally in Australia, Austria, Ireland, Japan and the United Kingdom.

<span class="mw-page-title-main">Vba32 AntiVirus</span> Antivirus software

VBA32 is antivirus software from the vendor VirusBlokAda for personal computers running Microsoft Windows. It detects and neutralizes computer viruses, computer worms, Trojan horses and other malware in real time and on demand.

<span class="mw-page-title-main">VirusTotal</span> Cybersecurity website owned by Chronicle

VirusTotal is a website created by the Spanish security company Hispasec Sistemas. Launched in June 2004, it was acquired by Google in September 2012. The company's ownership switched in January 2018 to Chronicle, a subsidiary of Google.

<span class="mw-page-title-main">Microsoft Security Essentials</span> Discontinued antivirus product for Microsoft Windows

Microsoft Security Essentials (MSE) was an antivirus software (AV) product that provides protection against different types of malicious software, such as computer viruses, spyware, rootkits, and Trojan horses. Prior to version 4.5, MSE ran on Windows XP, Windows Vista, and Windows 7, but not on Windows 8 and later versions, which have built-in AV components known as Windows Defender. MSE 4.5 and later versions do not run on Windows XP. The license agreement allows home users and small businesses to install and use the product free of charge. It replaces Windows Live OneCare, a discontinued commercial subscription-based AV service, and the free Windows Defender, which only protected users from spyware until Windows 8.

<span class="mw-page-title-main">Malwarebytes</span> Internet security company

Malwarebytes Inc. is an American Internet security company that specializes in protecting home computers, smartphones, and companies from malware and other threats. It has offices in Santa Clara, California; Clearwater, Florida; Tallinn, Estonia; Bastia Umbra, Italy; and Cork, Ireland.

Magic Lantern is keystroke logging software created by the United States' Federal Bureau of Investigation (FBI). Magic Lantern was first reported in a column by Bob Sullivan of MSNBC on November 20, 2001 and by Ted Bridis of the Associated Press.

<span class="mw-page-title-main">Kaspersky Lab</span> Russian multinational cybersecurity and anti-virus provider

Kaspersky Lab is a Russian multinational cybersecurity and anti-virus provider headquartered in Moscow, Russia, and operated by a holding company in the United Kingdom. It was founded in 1997 by Eugene Kaspersky, Natalya Kaspersky and Alexey De-Monderik. Kaspersky Lab develops and sells antivirus, internet security, password management, endpoint security, and other cybersecurity products and services.

Avira Operations GmbH & Co. KG is a German multinational computer security software company mainly known for its Avira Free Security antivirus software. Although founded in 2006, the Avira antivirus application has been under active development since 1986 through its predecessor company H+BEDV Datentechnik GmbH. Since 2021, Avira has been owned by American software company NortonLifeLock, which also operates Norton, Avast and AVG. It was previously owned by investment firm Investcorp.

<span class="mw-page-title-main">G Data CyberDefense</span> German software company

G Data CyberDefense AG is a German software company that focuses on computer security. The company was founded in 1985 and is headquartered in Bochum. They are known for being the creators of the world's first antivirus software. G Data uses multiple scanning engines; one is developed in-house and the other is the Bitdefender engine. G Data provides several security products that are targeted at home and business markets. The company has a North American subsidiary located in Newark, Delaware.

Norton, formerly known as Norton by Symantec, is a brand of Gen Digital co-headquartered in Tempe, Arizona and Prague, Czech Republic. Norton originally provided utility software for DOS, and currently offers a variety of products and services related to digital security, identity protection, and online privacy and utilities.

References

  1. Ranger, Steve. "Inside the secret digital arms race: Facing the threat of a global cyberwar". TechRepublic . Retrieved April 25, 2014.
  2. Financial statement 2022
  3. 1 2 3 4 "Annual Report 2020" (PDF). F-Secure Corporation. Archived from the original (PDF) on 18 April 2021. Retrieved 23 March 2021.
  4. "Demerger | WithSecure™".
  5. "Using Blacklight to detect and remove Rootkits from your computer: Home". BleepingComputer.
  6. "F-Secure snaps up security consultation firm nSense: Home". ZDNet.
  7. "F-Secure F-Secure acquires consultancy player Inverse Path: Home". Computer Weekly. Archived from the original on 2018-01-18. Retrieved 2017-03-13.
  8. "The Independent IT-Security Institute: Home". AV-TEST. Archived from the original on 2017-03-13. Retrieved 2017-03-13.
  9. "F-Secure acquires MWR InfoSecurity". Help Net Security. 2018-06-18. Retrieved 2018-06-19.
  10. "F-Secure to buy cyber security firm MWR". Reuters. 2018-06-18. Retrieved 2019-10-22.
  11. "Demerger | WithSecure™".
  12. "Nasdaq Helsinki welcomes F-Secure after a partial demerger". Nasdaq. 1 July 2022. Retrieved 13 July 2022.
  13. "TKK - TML - Courses". TML. 2008-08-29. Archived from the original on 2012-02-07. Retrieved 2012-02-01.
  14. "F-Secure Corporation's policy on detecting spying programs developed by various governments". F-Secure. Archived from the original on 25 February 2012. Retrieved 25 June 2011.