San Diego’s iboss Cybersecurity said Monday that it will include a new malware research center to find data-stealing computer viruses when it moves to a new headquarters in August.
The research facility will work with the University of California-San Diego Supercomputer Center to provide threat intelligence that iboss believes will benefit not only its customers but the cybersecurity industry at large.
“We are going to profile millions and millions of files, like we have been doing, but at a much larger scale and basically build a huge behavioral repository of malware,” said Paul Martini, chief executive of iboss.
The research center could help fuel San Diego’s efforts toward becoming a Cyber Center of Excellence. The region wants to tap its military and private sector cybersecurity expertise to form a cyberindustry cluster in the region.
Iboss plans to share its behavioral malware information from the research center through a pending software platform called CyberNOC – or Cyber Network Operations Center.
It will function something like the professional social media website LinkedIn but for corporate chief security officers, said Martini. Through CyberNOC, CSOs can share information with each other — including malware — uncovered at the research center.
“Basically your hackers are working in teams right now and they are very networked,” said Martini. “The other side, the good side, is not. They are in silos. This provides that fabric so you can tackle the problems in a non-siloed way.”
Iboss uses a relatively new method to stop hackers from stealing large amounts of data. Cybersecurity software typically blocks viruses from penetrating a corporate network by examining known malware signatures as they reach the network firewall.
What iboss does is monitor suspicious traffic on the network. When it sees unusual behavior, it automatically contains potential malware before hackers can steal large amounts of sensitive information.
Martini co-founded the company with his brother, Peter, 12 years ago. The firm has about 4,000 clients including Xerox, Sears and the U.S. Department of the Interior.
Its revenue is forecast at $60 million this year, said Martini, and could eclipse that based on the company recently signing a distribution agreement with Accuvant, a large information security services firm.
Privately held iboss is moving into the former SAIC data center building at 4110 Campus Point. The 43,000-square-foot structure was chosen in part because of its fiber optic lines that supply ample bandwidth, backup generators and other heavy duty infrastructure.
The company expects to employ about 350 worldwide this year. It currently has about 100 workers at its corporate headquarters in Sorrento Valley but also has locations in Florida, the United Kingdom and elsewhere. Martini thinks the company could go public in the next 12 months to 24 months if its growth continues.
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