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Talon Cyber Security

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Talon Cyber Security
Company typePrivate
Industry
  • Software development
  • Cybersecurity
  • Technology
Founded2021; 3 years ago (2021)
Founders
  • Ofer Ben Noon (CEO)
  • Ohad Bobrov (CTO)
Owner
Number of employees
130
Websitewww.talon-sec.com

Talon Cyber Security is an Israel-based provider of cybersecurity technologies with headquarters in Tel Aviv. It develops a secure browser engineered to provide enterprise-grade security across all devices, irrespective of location, device type, or operating system.[1][2][3] In early 2024, Talon Cyber Security faced significant backlash following the discovery of a critical vulnerability in its Talon Enterprise Browser.

History

[edit]

Talon Cyber Security was founded in 2021[3] by Ofer Ben Noon (the founder of Argus Cyber Security, an Israeli developer of security technologies for vehicles) and Ohad Bobrov (the founder of Lacoon Mobile Security, which specializes in security for mobile telephones).[3][4][5][6]

In April 2021, the company raised a $26,000,000 seed round, which became the biggest seed round in Israel.[1][4] The company also announced an investment from John W. Thompson, former chairman of the board at Microsoft and ex-CEO of Symantec; George Kurtz, co-founder of CrowdStrike; and Mark Anderson, formerly the president of Palo Alto Networks.[7][8]

In October 2021, it launched the security-focused browser Talon Enterprise Browser.[8][9][10] Talon was listed in Israel's Globes Most Promising Startups of 2021.[11]

In January 2022, Talon Cyber Security announced that it raised $43 million in new funding, including $17 million in agreement for future equity investments.[12][13][14][15]

In May 2022 the company appointed Admiral Mike Rogers, a retired United States Navy admiral who served as the second commander of the United States Cyber Command as well as the director of the National Security Agency (NSA) and the chief of Central Security Service (CSS) to its Board of Advisors.[16][17] In August 2022, Talon Cyber Security raised $100,000,000 in Series A funding.[18]

In 2023, Talon Cyber Security announced that it has integrated its secure enterprise browser with the Microsoft Azure OpenAI Service to provide enterprise-grade ChatGPT access.[19][20]

In November 2023, Palo Alto Networks Inc. (NASDAQ: PANW) announced an intent to acquire Talon Cyber Security Ltd.[21] for $625 million. On December 28, PANW reported having completed the purchase of the company.[22]

Controversies

[edit]

In early 2024, Talon Cyber Security faced significant backlash following the discovery of a critical vulnerability in its Talon Enterprise Browser. Security researchers identified a flaw that could potentially allow unauthorized access to sensitive corporate data, undermining the very security measures Talon promoted. The incident led to widespread criticism from industry experts and clients who relied on Talon's solutions for their cybersecurity needs.[23] Investigations revealed that the vulnerability resulted from inadequate testing protocols and delayed patch deployments. Additionally, concerns were raised about the company's transparency, as Talon initially downplayed the severity of the issue and was slow to communicate the necessary fixes to its users.[24]

Operations

[edit]

Talon Cyber Security focuses on addressing the security needs of the distributed workforce. The company's main product is a secure browser that provides security and enables access to corporate applications and data across various devices, managed or unmanaged, and operating systems.[2][25][26][7] Talon's browser is based on Chromium.[7][27][28][10] Via a management console, Talon’s browser allows businesses to apply their own policies across their employees’ browsers and get data on what workers are doing on the Web while working.[7]

The company is based in Tel Aviv, Israel.[2][3][29] Ofer Ben-Noon is co-founder and serves a company’s CEO, Ohad Bobrov is co-founder and serves as CTO.[1]

References

[edit]
  1. ^ a b c Brewster, Thomas. "Talon: An Israeli Cybersecurity Company For The Post-Covid Workforce Scores Massive $26 Million Seed Funding". Forbes. Retrieved 2023-10-27.
  2. ^ a b c FinSMEs (2022-08-04). "Talon Cyber Security Raises $100M in Series A Funding". FinSMEs. Retrieved 2023-10-27.
  3. ^ a b c d Fitzgerald, Jay (2022-08-04). "CrowdStrike Helps Fuel Talon Cyber Security's $100M Round To Push More Secure Browser". CRN. Retrieved 2023-10-27.
  4. ^ a b "Record seed round brings Talon Cyber Security $26m". Globes. 2021-11-04. Retrieved 2023-10-27.
  5. ^ Raj, Aaron (2021-11-08). "Securing the hybrid work place starts with browser security". TechHQ. Retrieved 2023-10-27.
  6. ^ CTech (2022-01-04). ""It's our obligation to the world to do something that brings value."". CTECH - www.calcalistech.com. Retrieved 2023-10-27.
  7. ^ a b c d Brewster, Thomas. "Google's Chrome Is Under Heavy Attack—This Startup Thinks It Has A Rival To Save Businesses From Disaster". Forbes. Retrieved 2023-10-27.
  8. ^ a b Steers, Sam (2021-10-08). "Talon launches first corporate secure browser". cybermagazine.com. Retrieved 2023-10-27.
  9. ^ "Talon Launched First Corporate Secure Browser for the Hybrid Work Environment". Infosecurity Outlook - Creating Expertise for. 2021. Retrieved 2023-10-27.
  10. ^ a b Raj, Aaron (2021-10-11). "Enterprises need more visibility to secure the workplace browser". TechHQ. Retrieved 2023-10-27.
  11. ^ "Globes readers choose Talon as favorite 2021 startup". Globes. 2021-06-12. Retrieved 2023-10-27.
  12. ^ "Talon Cyber Security raises $43 million to support the high demand for secure hybrid work". Help Net Security. 2022. Retrieved 2023-10-27.
  13. ^ "Talon Cyber Security raises $43M from Sorenson, Evolution, Lightspeed and Team8". SiliconANGLE. 2022-01-31. Retrieved 2023-10-27.
  14. ^ Orbach, Meir (2022-01-31). "Talon raises another $17 million for browser-based cybersecurity solution". CTECH - www.calcalistech.com. Retrieved 2023-10-27.
  15. ^ jhaxell (2022-02-01). "Talon Cyber Security gets claws on $43m round". FinTech Global. Retrieved 2023-10-27.
  16. ^ "Talon Cyber Security appoints Admiral Mike Rogers to its Board of Advisors". Help Net Security. 2022. Retrieved 2023-10-27.
  17. ^ "Talon Cyber Security appoints former NSA Director Mike Rogers to lead board of advisors". ctech. 2022-05-18. Retrieved 2023-10-27.
  18. ^ Orbach, Meir (21 September 2023). "Israeli cyber has seen $2.8 billion worth of exits in seven months". Calcalist.
  19. ^ Leichman, Abigail Klein (2023-05-01). "ChatGPT spices up verticals from digital health to car sales". ISRAEL21c. Retrieved 2023-10-27.
  20. ^ Millward, Kyle Alspach, Wade Tyler (2023-04-26). "10 Hot Generative AI Products And Companies At RSAC 2023". CRN. Retrieved 2023-10-27.{{cite web}}: CS1 maint: multiple names: authors list (link)
  21. ^ "Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push". Bloomberg.com. 2023-11-06. Retrieved 2023-11-10.
  22. ^ "Palo Alto Networks Completes Acquisition of Talon". SecurityWeek. Retrieved 2023-01-05.
  23. ^ "CrowdStrike 2024 Global Threat Report". go.crowdstrike.com. Retrieved 2024-12-16.
  24. ^ Cost of a Data Breach Report 2024. IBM. 2024. pp. 55–58.{{cite book}}: CS1 maint: date and year (link)
  25. ^ "Talon Cyber Security secures remote working with an enterprise browser". VentureBeat. 2022-08-04. Retrieved 2023-10-27.
  26. ^ Stagg, Dave. "Technology Partners". Endpoint Focus. Retrieved 2023-10-27.
  27. ^ "Secure Web Browsers Tackle Ransomware, Insider Threat in Enterprises". Dark Reading. 2022. Retrieved 2023-10-27.
  28. ^ "18 cybersecurity startups to watch". CSO Online. Retrieved 2023-10-27.
  29. ^ Timonera, Kaye (2023-09-25). "Top 67 Cybersecurity Startups You Should Know in 2023". eSecurity Planet. Retrieved 2023-10-27.
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