Cylance was founded by Stuart McClure and Ryan Permeh. 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, 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.
MOTEX Collaboration
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.
Acquisition by BlackBerry Limited
In February 2019, the company was acquired by BlackBerry Limited for $1.4 billion.
Honors and awards
The company has won several awards. In March 2018, Cylance won the 2018 MSPWorld Cup Award. In November 2017, LinkedIn recognized Cylance as one of the "Top Companies | Startups" of the year 2017. In October 2017, Cylance was certified as a "Great Place to Work" on GreatPlaceToWork.com. In October 2017, Cylance was recognized as a Cyber Security Leader of 2017 in Cyber Defense Magazine. In September 2017, Cylance was announced a winner of the Gartner Peer Insights Customer Choice Award for Endpoint Protection Platforms by Gartner Inc. In August 2017, Cylance made the Inc. Magazine's Inc. 5000 List for the second year in a row. In June 2017, Cylance won the Special Jury Award for Best of Show - Security Product at Interop Tokyo 2017. In June 2017, Cylance's top product, CylancePROTECT, was named Best Enterprise Security Solution at the 2017 SC Media Awards Europe event. In May 2017, Cylance made the CNBC Disruptor 50 list for the second year in a row. In April 2017, Cylance was given a 5-star rating in CRN's 2017 Partner Program Guide. In March 2017, CylancePROTECT was named Best Endpoint Protection Product of 2016 by SANS Community. In July 2016, McClure was named Orange County Entrepreneur of the Year in the category of technology. In 2016, Cylance was ranked #23 on the Forbes Cloud 100 list.
