Everspin Technologies

everspin.global

EVERSPIN has developed the world's first dynamic security module, which utilizes a continuously changing security framework to protect against cyber threats such as phishing and hacking. This technology, backed by 33 patents, provides financial institutions with robust defenses against evolving cybercrime, ensuring the safety of customer data and transactions.

Traction 10/10

HQ unknown

Founded 20081145K+ followers

Cybersecurity
Enterprise Software
Financial Technology

Updated 7 months ago

Funding

Raised to date

$14.6MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

1 founder

Sanjeev Aggarwal

CEO

Product

Problem

Financial institutions face increasing cyber threats, including phishing and hacking, that can compromise customer data and disrupt transactions. Traditional security measures often prove inadequate against rapidly evolving attack techniques, leaving institutions vulnerable to significant financial and reputational damage.

Solution

EVERSPIN offers a dynamic security module that utilizes a continuously changing security framework to defend against cyber threats. This technology employs a unique approach by dynamically altering security parameters, making it significantly harder for attackers to penetrate defenses. By implementing this proactive and adaptive security posture, EVERSPIN provides financial institutions with a robust shield against evolving cybercrime, ensuring the safety of customer data and transactions. The core innovation lies in its ability to adapt and change, preventing attackers from exploiting static vulnerabilities.

Target Audience

EVERSPIN primarily targets financial institutions seeking to enhance their cybersecurity defenses against phishing, hacking, and other cyber threats.

Features

**Anti-Phishing:** Employs a whitelist approach to defend against voice phishing attacks.
**Mobile Anti-Hacking:** Prevents mobile hacking through a dynamically changing security module that updates daily.
**Web Anti-Hacking:** Protects against web hacking with a dynamically changing security module that updates daily.
**Security Consulting:** Offers expert security consulting services.