The company's mission is to block computer viruses or malware before they have an effect on a user's computer.
Cylance was founded by Stuart McClure and Ryan Permeh in 2012. McClure was previously co-founder of Foundstone, a security consultancy. He sold Foundstone to McAfee in 2004, and became that firm's Chief Tech Officer. McClure is also the author of Hacking Exposed, reportedly the best-selling IT security book to date.
Cylance's founding came about as a result of McClure's speeches on cybersecurity. In them, he was often asked how he protected his own computer. He noted that he lacked trust in any security technology since it was all reactive in nature (for example, legacy antivirus technology), meaning it only cleaned up after an attack or prevented it a second time. Consequently, McClure began developing a technology based on "proactive protection".
McClure has stated that Cylance's antivirus product does not use typical security features, such as unique signatures, heuristics, behavioral analysis, sandboxing, virtualization, or blacklisting. Rather, the product uses artificial intelligence to identify and stop attackers. McClure has stated that Cylance's security features are similar to the human brain's way of identifying threats, wherein it "teaches" computers to identify indicators of an attack.
Operation Cleaver was a covert cyberwarfare operation carried out by the Iranian government against targets around the world, specifically critical infrastructure entities. Cylance uncovered the operation and described it in a report released in late 2014. Iranian officials rejected Cylance's conclusions, but the FBI tacitly confirmed them.
In May 2016, Cylance announced a new collaboration with MOTEX, an Osaka-based firm, to integrate MOTEX LanScope, an endpoint security management, and CylancePROTECT, Cylance's leading product, which proactively detects and prevents malware. The end product will be called CylancePROTECT Cat. This collaboration brings Cylance's activities into the Japanese market.
^ abcGuru, Sagganik; Khyati, Jain (May 12, 2016). "U.S. based Cylance Inc. and Japan's MOTEX Unite to Establish Advanced Cyber Threat Prevention Solutions in Japan". Cyber Secure India. Archived from the original on August 17, 2016. Retrieved August 4, 2016.
^"BlackBerry: What the Cylance Acquisition Means for Cyber Business | Fortune".
^ abcHackett, Robert (Jul 28, 2015). "Cylance raises $42 million for AI-based security software". Fortune Magazine.
^ abc"EY Entrepreneur Of The Year® 2016 Orange County". Smart Business Online. Jul 1, 2016.
^"Cylance Announces $100 Million Series D Funding Round Led by Blackstone Tactical Opportunities and Insight Venture Partners". Wallstreet-online.de. Wallstreet:Online AG. 2016-06-08. Retrieved 2016-11-25.