Concept: Israeli technology startup Guradio has rolled out an AI-based browser extension that can protect enterprises from cyberattacks. It leverages a combination of ML and proprietary algorithms to detect and prevent online threats. The startup claims that the software offers anti-phishing protection, email tracking, notification blocking, and malicious extension removal.
Nature of Disruption: With Guardio’s solution, enterprises can protect their internal network by developing a multi-layered approach to tackle cyber threats. It offers two effective techniques to tackle cyber attacks include filtering and isolation. Filtering protects devices connected to the internet by scanning web code and blocking potentially dangerous URLs, and isolation sandboxes users’ activities in a secure environment detached from the local network. Guardio offers the software as an extension to the Google Chrome browser. The anti-phishing protection offered by the software protects the enterprises from emails and web pages that attempt to steal personal or payment information. It keeps track of email accounts to provide real-time alerts on breaches and mute unwanted notifications and can block malicious extensions that control browser settings and install malware, spyware, or adware. The software further enables real-time updates to block signatures, rules, and heuristics. It also leverages client-side deep learning models to detect visual elements in fraudulent websites.
Outlook: Data breaches due to web apps are increasing across the globe and enterprises are demanding solutions that can protect their internal networks from various forms of cyberattacks. Guardio claims that its cybersecurity software can mitigate the risk by monitoring suspicious and malicious activities while browsing the web or using any digital service that interconnects using the internet. In December 2021, it raised $47M in a funding round led by Tiger Global, with participation from Vintage Investment Partners, Cerca Partners, Union Tech Ventures, and Samsung Next. The startup aims to use the funding to recruit new talents and expand its geographic presence.