Newly-launched Bern University of Applied Sciences spinout Threatray believes its automated malware detection design will improve upon existing approaches.
Bern University of Applied Sciences has spun out Switzerland-based cybersecurity developer Threatray with an undisclosed seed sum from angel investors Thomas Dübendorfer and Mathias Wegmüller.
Threatray will develop software that automatically identifies malicious programs known as malware to protect companies and organisations from data leaks and damage to IT systems.
The approach aims to improve on existing cybersecurity technologies by quickly checking a large number of samples for pieces of code known to feature in other malware apps so that a remedy can be found sooner.
Threatray is expected to grow its headcount to between four and eight over the medium term as it looks to build a customer service operation to complement the launch of its product.
The spinout is the result of work undertaken by Endre Bangerter, professor of computer science in the Research Institute for Security in the Information Society, and Jonas Wagner, a PhD student in the same department.
Bangerter said: “When detecting malware, finding correlations with known attacks is what matters. Cybercriminals develop new malware continuously in order not to be detected.
“However, they often reuse single, very specific malware components. Once found, these give important hints about the malware and the attacker and therefore precious time is saved that allows to take counter-measures faster.”