Protectt.ai

About Protectt.ai

Protectt.ai offers a Mobile App Security Platform that utilizes Runtime Application Self Protection (RASP) and Zero Trust Device & SIM Binding to safeguard mobile banking applications from malware, fraud, and identity theft. The platform provides real-time threat monitoring and compliance with global regulatory standards, ensuring secure financial transactions and enhanced user protection.

```xml <problem> Mobile banking applications are increasingly targeted by malware, fraud, and identity theft, leading to financial losses and reputational damage for financial institutions. Traditional security measures often fail to protect against sophisticated attacks, especially those targeting vulnerabilities at runtime. Moreover, compliance with evolving global regulatory standards adds complexity and cost to mobile app security. </problem> <solution> Protectt.ai offers a comprehensive Mobile App Security Platform that utilizes Runtime Application Self-Protection (RASP) and zero-trust device and SIM binding to protect mobile banking applications. The platform provides real-time threat monitoring, detection, and prevention against a wide range of attacks, including malware, reverse engineering, and app tampering. By creating a unique digital identity for each mobile app user through device and SIM binding, Protectt.ai prevents identity fraud executed through SIM swapping, SMS spoofing, and data theft. The platform's extended detection and response (XDR) features provide enhanced visibility and control over mobile app security, enabling organizations to comply with global regulatory standards and ensure secure financial transactions. </solution> <features> - Runtime Application Self-Protection (RASP) to detect and block attacks at runtime - Zero-Trust Device & SIM Binding to create a unique digital identity for each user - Real-time threat monitoring dashboard for proactive security incident detection and response - Protection against reverse engineering and app tampering through code obfuscation - Detection of rooted and jailbroken devices, unsecured networks, and malicious apps - Prevention of Man-in-the-Middle attacks and SSL stripping - Mobile fraud control features, including detection of keyloggers, screen sharing apps, and juice jacking - Compliance with RBI, NPCI, SEBI, PCI DSS, GDPR, MAS, HKMA, OWASP, and NIST standards - Integration with DevSecOps for secure development and deployment </features> <target_audience> The primary target audience includes banks, financial institutions, insurance companies, NBFCs, and government organizations that require robust security for their mobile banking and payment applications. </target_audience> <revenue_model> Protectt.ai generates revenue through a platform-based subscription model, offering various tiers based on the number of mobile app sessions monitored, features enabled, and level of support required. </revenue_model> ```

What does Protectt.ai do?

Protectt.ai offers a Mobile App Security Platform that utilizes Runtime Application Self Protection (RASP) and Zero Trust Device & SIM Binding to safeguard mobile banking applications from malware, fraud, and identity theft. The platform provides real-time threat monitoring and compliance with global regulatory standards, ensuring secure financial transactions and enhanced user protection.

When was Protectt.ai founded?

Protectt.ai was founded in 2020.

How much funding has Protectt.ai raised?

Protectt.ai has raised 8800000.

Founded
2020
Funding
8800000
Employees
75 employees
Major Investors
Bessemer Venture Partners

Find Investable Startups and Competitors

Search thousands of startups using natural language

Protectt.ai

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

Protectt.ai offers a Mobile App Security Platform that utilizes Runtime Application Self Protection (RASP) and Zero Trust Device & SIM Binding to safeguard mobile banking applications from malware, fraud, and identity theft. The platform provides real-time threat monitoring and compliance with global regulatory standards, ensuring secure financial transactions and enhanced user protection.

Funding

$

Estimated Funding

$5M+

Major Investors

Bessemer Venture Partners

Team (75+)

No team information available.

Company Description

Problem

Mobile banking applications are increasingly targeted by malware, fraud, and identity theft, leading to financial losses and reputational damage for financial institutions. Traditional security measures often fail to protect against sophisticated attacks, especially those targeting vulnerabilities at runtime. Moreover, compliance with evolving global regulatory standards adds complexity and cost to mobile app security.

Solution

Protectt.ai offers a comprehensive Mobile App Security Platform that utilizes Runtime Application Self-Protection (RASP) and zero-trust device and SIM binding to protect mobile banking applications. The platform provides real-time threat monitoring, detection, and prevention against a wide range of attacks, including malware, reverse engineering, and app tampering. By creating a unique digital identity for each mobile app user through device and SIM binding, Protectt.ai prevents identity fraud executed through SIM swapping, SMS spoofing, and data theft. The platform's extended detection and response (XDR) features provide enhanced visibility and control over mobile app security, enabling organizations to comply with global regulatory standards and ensure secure financial transactions.

Features

Runtime Application Self-Protection (RASP) to detect and block attacks at runtime

Zero-Trust Device & SIM Binding to create a unique digital identity for each user

Real-time threat monitoring dashboard for proactive security incident detection and response

Protection against reverse engineering and app tampering through code obfuscation

Detection of rooted and jailbroken devices, unsecured networks, and malicious apps

Prevention of Man-in-the-Middle attacks and SSL stripping

Mobile fraud control features, including detection of keyloggers, screen sharing apps, and juice jacking

Compliance with RBI, NPCI, SEBI, PCI DSS, GDPR, MAS, HKMA, OWASP, and NIST standards

Integration with DevSecOps for secure development and deployment

Target Audience

The primary target audience includes banks, financial institutions, insurance companies, NBFCs, and government organizations that require robust security for their mobile banking and payment applications.

Revenue Model

Protectt.ai generates revenue through a platform-based subscription model, offering various tiers based on the number of mobile app sessions monitored, features enabled, and level of support required.

Want to add first party data to your startup here or get your entry removed? You can edit it yourself by logging in with your company domain.