Threatray: Swiss AI and Machine Learning Firm Revolutionizing Malware Detection with Code Deep Analysis | Top 100 Swiss Innovators

Threatray, a Swiss security technology company founded in 2018, specializes in malware detection and analysis. Utilizing innovative technologies driven by artificial intelligence (AI) and machine learning, Threatray conducts deep code analysis and offers a code search engine that enhances the ability to detect, attribute, and analyze malware at the code level. This advancement significantly bolsters companies' defenses against malware threats.

As a spin-off from Bern University of Applied Sciences, Threatray was co-founded by Professors Endre Bangerter and Jonas Wagner. With over 20 years of experience in cybersecurity, Bangerter leads innovative approaches to tackle complex cyber threats.

In today's digital landscape, cybersecurity has become a critical concern for organizations, especially with the rising sophistication of cyberattacks such as ransomware and phishing. While traditional defense tools like firewalls and antivirus software provide valuable protection, they often lack the capability to conduct in-depth analyses of sophisticated attacks, making it challenging to detect, attribute, and proactively defend against advanced threats.

Threatray has developed two key products: Binary Intelligence Platform and Binary Intelligence for Endpoint. The Binary Intelligence Platform focuses on AI-driven analysis of suspicious files and binary code, unveiling the intelligence value of malware code. Its cutting-edge threat reporting method links unknown samples to malware identified in public source intelligence (OSINT) reports, enabling rapid discovery of malware associations and variants, all without the need for complex rule creation.

On the other hand, Binary Intelligence for Endpoint addresses "fileless malware" attacks, a common blind spot in malware detection. By scanning process memory, Threatray identifies suspicious loading codes and performs AI-based detection and attribution, effectively mitigating risks from advanced malware that avoids traditional detection methods.

Capable of scanning a single endpoint in mere minutes and efficiently processing up to 1,000 endpoints, Threatray also retains and indexes each analyzed code segment, providing invaluable data for investigating past security incidents and uncovering previously undetected vulnerabilities.

As Threatray continues to grow, it has established partnerships with notable organizations, including la Mobilière, one of Switzerland's oldest insurance providers, and leading cybersecurity solutions provider InfoGuard. In 2021, the company secured 2.3 million Swiss Francs in seed funding to expand its team and enhance its offerings. Threatray aims to empower businesses and cybersecurity teams globally in combating increasingly complex malware threats.