Ironchip provides location-based cybersecurity solutions utilizing unspoofable geolocation technology to create secure zones for user authentication. This approach mitigates the risk of remote cyberattacks, which account for 96% of incidents, by validating access through device, user, and location intelligence.
Funding
$3.1M 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.
Founders
Product
Problem
Remote cyberattacks, including phishing and account takeovers, are increasing due to the growth of remote work and internet accessibility, leading to security breaches in organizations of all sizes. Traditional authentication methods are often insufficient to verify user location, leaving systems vulnerable to unauthorized access from unexpected locations.
Solution
Ironchip provides location-based cybersecurity solutions that leverage non-GPS geolocation technology to create secure zones for user authentication. The system analyzes electromagnetic waves to generate a unique signature for a specific location, associating a device with that location as an extra security layer. This approach validates user access based on device, user, and location intelligence, mitigating the risk of remote attacks by ensuring users are accessing systems from expected locations. Ironchip's technology integrates with existing systems to provide an additional layer of security, detecting fraudulent behaviors like phishing, SIM swapping, and synthetic identity.
Target Audience
Ironchip targets businesses of all sizes seeking to enhance their cybersecurity posture and prevent remote cyberattacks, particularly those with remote workforces or sensitive data requiring enhanced access controls.
Features
- Location Fraud Detection: Analyzes environmental signals to detect fraudulent behaviors using unspoofable location data.
- Location Identity Platform: Enables passwordless access to critical systems using device, location, and behavioral intelligence.
- Non-GPS Geolocation: Utilizes AI to analyze electromagnetic waves and create unique location signatures.
- Secure Zone Creation: Establishes secure zones associated with specific locations to validate user access.
- Multi-Factor Authentication: Integrates location as an additional factor in the authentication process.
- Real-time Location Verification: Continuously verifies the user's location during the authentication session.