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 | |
| Company type | Public |
|---|---|
| Nasdaq Helsinki: WITH | |
| Industry | Computer software |
| Founded | May 16, 1988 (as Data Fellows) 1999 (as F-Secure) |
| Founder | Petri Allas Risto Siilasmaa |
| Headquarters | Helsinki, Finland |
Key people |
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| Products | Cybersecurity software |
| Services | Computer security |
Number of employees | 993 (2024) |
| Website | www |
WithSecure Oyj, formerly known as F-Secure Corporation, is a leading Finnish cybersecurity company providing advanced security solutions to businesses. With a global presence and headquarters in Helsinki, Finland, WithSecure focuses on endpoint protection, vulnerability management, and incident response.
History
Foundation and Early Years
F-Secure Corporation was founded in 1988 by Petri Allas and Risto Siilasmaa. Initially, the company concentrated on antivirus software for personal computers. Over the years, F-Secure expanded its product portfolio to include a variety of computer security solutions, gaining recognition as a reliable provider in the cybersecurity sector.
Growth and Expansion
Throughout the 1990s and early 2000s, F-Secure experienced significant growth by diversifying its security offerings. The company began to provide comprehensive solutions such as endpoint protection, intrusion prevention, and mobile security, establishing itself as a leader in the cybersecurity industry. Key milestones include:
2002: Launch of F-Secure's first mobile security product, catering to the increasing use of mobile devices.
2011: Introduction of cloud-based security services, keeping pace with the growing adoption of cloud computing.
2015: Acquisition of nSense, a Danish security consultancy specializing in cyber attack response and vulnerability management, enhancing F-Secure's service capabilities. The Demerger and Formation of WithSecure
In 2022, F-Secure Corporation executed a strategic demerger to separate its consumer and corporate security businesses. The consumer segment continued under the F-Secure name, while the corporate division was rebranded as WithSecure. This restructuring aimed to allow both entities to focus on their respective markets more effectively, fostering growth through specialized offerings.
WithSecure Today
WithSecure continues to build on its legacy of cybersecurity innovation. The company provides a range of services, including:
Endpoint Protection: Comprehensive security solutions for endpoint devices.
Managed Detection and Response (MDR): Advanced threat detection and response services.
Vulnerability Management: Tools and services to identify and mitigate vulnerabilities in IT environments.
Incident Response: Services to help organizations respond effectively to security breaches.
The Elements Platform
WithSecure's flagship offering is the Elements platform, a comprehensive suite of cybersecurity solutions designed to provide integrated security for modern enterprises.
The Elements platform includes:
Elements Endpoint Protection: Advanced protection for endpoint devices against malware, ransomware, and other threats.
Elements Vulnerability Management: Tools to detect and manage vulnerabilities across the IT infrastructure.
Elements Endpoint Detection and Response (EDR): Real-time threat detection and response capabilities.
Elements Cloud Protection: Security solutions for [[cloud environments, ensuring data protection and compliance.
Elements Exposure Management (XM): Helps organizations understand and manage their exposure to cyber risks.
Elements Extended Detection and Response (XDR): Extends detection and response capabilities across multiple security layers, enhancing threat visibility.
Elements Identity Security: Focuses on protecting user identities and managing access controls to prevent unauthorized access.
Elements Co-monitoring: Collaborative monitoring services that allow organizations to work with WithSecure experts to improve security posture.
The European Way
WithSecure adheres to the European Way of cybersecurity, emphasizing privacy, data sovereignty, and compliance with European regulations. This approach ensures that WithSecure's solutions are designed to meet the unique needs of European businesses, integrating cultural nuances, regulatory requirements, and market diversity into their cybersecurity strategies. This European-centric focus helps mid-market companies navigate the complex landscape of data protection and compliance seamlessly.
References
edit- ^ https://www.arvopaperi.fi/porssitiedotteet/withsecure-corporation-has-decided-to-complete-the-partial-demerger-in-which-the-companys-consumer-security-business-will-be-transferred-to-a-new-listed-company-f-secure-corporation-and-to-apply-f-secure-corporations-shares-for-listing/4f692562-3147-5617-8d21-bc681cb1683f
- ^ https://www.withsecure.com/content/dam/with-secure/en/investor/governance/demerger/F-Secure-Demerger-Plan-with-Schedules.pdf
- ^ https://www.withsecure.com/en/whats-new/pressroom/withsecure-and-f-secure-have-started-separately-trading-on-the-helsinki-stock-exchange
- ^ https://www.inderes.fi/en/releases/the-separation-of-withsecure-consumer-security-business-into-f-secure-through-a-demerger-has-been-registered-trading-in-the-shares-of-f-secure-will-commence-on-1-july-2022
- ^ https://www.withsecure.com/en/solutions/software-and-services/withsecure-elements-cloud
- ^ https://www.withsecure.com/en/expertise/topicals/the-european-way