Area 1 Security Explained

Area 1 Security
Type:Subsidiary
Hq Location:Redwood City, California, U.S.
Industry:Information security
Products:Area 1 Horizon

Area 1 Security, Inc. was an American cybersecurity company based in Redwood City, California[1] which merged into Cloudflare in February 2022.[2]

History

Area 1 was incorporated in 2013 by Oren Falkowitz, Blake Darché, and Phil Syme, previously employees of the U.S. National Security Agency.[3] The company received venture capital financing led by Kleiner Perkins.[4]

In December 2018, Area 1 identified a Chinese government cyber campaign targeting more than 100 intergovernmental organizations, ministries of foreign affairs, ministries of finance, trade unions, and think tanks, which included breach of the European Union diplomatic communications network.[5]

In January 2020, Area 1 revealed a Russian government phishing campaign targeting Burisma Holdings and its subsidiaries.[6]

In February 2022, Cloudflare announced plan to acquire Area 1 for $162 million in a cash and stock deal.[7]

Service

Area 1 Horizon is a cloud-based service intended to mitigate phishing, ransomware, malware, watering holes, malvertising, and other social engineering threats, across email, web, and network, at the edge or in the cloud.[8] The service is based on "a network of sensors on web servers around the globe, many known to be used by state-sponsored hackers."[9]

Awards and recognition

Area 1 was named a Cool Vendor by Gartner in 2016,[10] listed among "20 Rising Stars" of the Cloud 100 by Forbes[11] and recognized by the San Francisco Business Times as a "Best Place to Work" in 2017,[12] and named Google Cloud Global Technology Partner of the Year Award for Security in 2018.[13]

In 2019, the Federal Election Commission ruled in AO 2019-12 that Area 1 could "offer its services to federal candidates and political committees at the same 'low or no cost' tier that it offers to all qualified customers without making an impermissible in-kind contribution".[14]

Notes and References

  1. Web site: Russian spies hacked Ukrainian gas company at heart of Trump impeachment trial, company says . January 13, 2020 . . Ellen . Nakashima.
  2. Web site: Cloudflare to acquire Area 1 Security, a startup that blocks phishing emails . February 24, 2022 . . Romain . Dillet.
  3. Perlroth, Nicole (10/12/2016) “A Computer Security Start-Up Turns the Tables on Hackers” The New York Times. Retrieved 2018-03-27.
  4. Hackett, Robert (10/14/2015) “Area 1 Security raises $15 million from Icon Ventures and Kleiner Perkins” Fortune. Retrieved 2018-03-27.
  5. Sanger, David (12/18/2018) "Hacked European Cables Reveal a World of Anxiety About Trump, Russia and Iran" The New York Times. Retrieved 2019-10-11.
  6. Perlroth, Nicole (1/13/2020) "Russians Hacked Ukrainian Gas Company at Center of Impeachment" The New York Times. Retrieved 2020-01-13.
  7. Web site: Cloudflare to Acquire Area 1 Security to Expand Its Zero Trust Platform. Cloudflare. February 23, 2022. Daniella Vallurupalli. July 7, 2023.
  8. Musthaler, Linda (5/30/2017) “Area 1 Security stops phishing campaigns before they become attacks” NETWORKWORLD from IDG. Retrieved 2018-03-27.
  9. News: Russians Hacked Ukrainian Gas Company at Center of Impeachment. Perlroth. Nicole. 2020-01-13. The New York Times. 2020-01-14. Rosenberg. Matthew. en-US. 0362-4331.
  10. https://www.gartner.com/doc/3309520/cool-vendors-security-threat-intelligence "Cool Vendors in Security Threat Intelligence, 2016"
    1. InTheCloud (7/11/17) “Forbes 20 Rising Stars Cloud 100” Forbes. Retrieved 2018-03-27.
  11. https://www.bizjournals.com/sanfrancisco/news/2017/04/14/bay-area-companies-best-places-to-work-2017.html "Here are the winners for this year's Best Places to Work"
  12. https://cloud.google.com/partners/awards/ -"2018 Google Cloud Partner of the Year Awards"
  13. Federal Elections Commission (07/15/2019) “AO 2019-12: Area 1 Security may offer committees cybersecurity services at little or no cost” The Federal Elections Commission. Retrieved 2019-10-11.