Halcyon is a cyber resilience platform that employs a ransomware prevention engine and data exfiltration prevention (DXP) technology to neutralize ransomware threats in real time. By intercepting encryption keys and automating decryption, Halcyon ensures zero ransoms paid and minimizes recovery time to hours, effectively protecting businesses from the financial and operational impacts of ransomware attacks.
Funding
$364M raised to dateRaised 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.
+2Founders
Product
Problem
Ransomware attacks continue to be a primary cyber threat, resulting in significant financial losses, operational downtime, and reputational damage for businesses. Traditional security measures often fail to prevent sophisticated ransomware attacks, leading to data encryption, exfiltration, and double extortion attempts. Recovery from these attacks can take weeks and incur substantial incident response costs.
Solution
Halcyon provides a cyber resilience platform designed to neutralize ransomware threats in real time, preventing data exfiltration and minimizing downtime. The platform employs a multi-layered approach, utilizing AI/ML models to identify and block ransomware before execution. Halcyon intercepts encryption keys during an attack, enabling automated decryption and preventing the need to pay ransoms. Its Data Exfiltration Prevention (DXP) capabilities stop data from leaving the environment, mitigating the risk of double extortion.
Target Audience
The primary target audience includes enterprises and small to medium-sized businesses across various industries seeking to enhance their ransomware protection and cyber resilience, as well as MSSPs/MSPs looking for a turn-key ransomware service to offer their customers.
Features
- Pre-execution engine using AI/ML models to identify ransomware before it can execute
- Key material interception to capture encryption keys and enable automated decryption
- Data Exfiltration Prevention (DXP) to block data from leaving the environment
- Sidekick protection to ensure other security investments are not compromised
- Behavioral modeling to detect and disrupt ransomware attacks
- VSS protection to safeguard volume shadow copies
- 24/7/365 ransomware monitoring and response service
- Ransomware readiness assessment and RaaS incident tabletop exercises