Draft:WithSecure Oyj
 | |
| Company type | Public |
|---|---|
| Nasdaq Helsinki: WITH | |
| Industry | Computer software |
| Founded | May 16, 1988 (as Data Fellows) 1999 (as F-Secure) |
| Founder | Petri Allas Risto Siilasmaa |
| Headquarters | Helsinki, Finland |
Key people |
|
| Products | Cybersecurity software |
| Services | Computer security |
Number of employees | 900 (2024) |
| Website | www |
WithSecure Oyj (formerly F-Secure Corporation) is a Finnish cybersecurity company headquartered in Helsinki, Finland. It focuses on meeting the cybersecurity needs of mid-market businesses and Managed Service Providers, emphasizing compliance with European standards while also serving global markets.
History
[edit]Foundation and early years
[edit]The company was founded in 1988 by Petri Allas and Risto Siilasmaa under the name Data Fellows. Its initial focus was on antivirus software for personal computers. Over time, the company broadened its portfolio to include additional computer security solutions.
Growth and expansion
[edit]Throughout the 1990s and early 2000s, F-Secure diversified its offerings to encompass endpoint protection, intrusion prevention, and mobile security. Key milestones include:
2002: Launch of F-Secure’s first mobile security product.
2011: Introduction of cloud-based security services.
2015: Acquisition of nSense, a Danish security consultancy specializing in cyber attack response and vulnerability management.
Demerger and formation of WithSecure
[edit]In 2022, the consumer and corporate security businesses of F-Secure Corporation were separated through a strategic demerger.[1][2] The consumer segment continued under the F-Secure name, while the corporate division was rebranded as WithSecure.[3][4]
Products and services
[edit]WithSecure’s main offering is the “Elements” cyber security platform. WithSecure’s solutions and services focus on various aspects of corporate cyber security, including: Endpoint Protection, Managed Detection and Response (MDR), Vulnerability Management, Incident Response, Endpoint Detection and Response (EDR), Cloud Protection, Exposure Management (XM), Extended Detection and Response (XDR), and Identity Security.
The European Alternative
[edit]WithSecure positions itself as a cybersecurity provider that emphasizes European values, including privacy, data sovereignty, and strict adherence to regional regulations.[5] By focusing on these principles, the company seeks to offer what it calls a “European Alternative” to organizations that prioritize compliance with local data protection frameworks and seek solutions aligned with European cultural and regulatory contexts. This approach is intended to help mid-market companies and enterprise clients navigate evolving data protection mandates.
- ^ https://www.arvopaperi.fi/porssitiedotteet/withsecure-corporation-has-decided-to-complete-the-partial-demerger-in-which-the-companys-consumer-security-business-will-be-transferred-to-a-new-listed-company-f-secure-corporation-and-to-apply-f-secure-corporations-shares-for-listing/4f692562-3147-5617-8d21-bc681cb1683f
- ^ https://www.withsecure.com/content/dam/with-secure/en/investor/governance/demerger/F-Secure-Demerger-Plan-with-Schedules.pdf
- ^ https://www.withsecure.com/en/whats-new/pressroom/withsecure-and-f-secure-have-started-separately-trading-on-the-helsinki-stock-exchange
- ^ https://www.inderes.fi/en/releases/the-separation-of-withsecure-consumer-security-business-into-f-secure-through-a-demerger-has-been-registered-trading-in-the-shares-of-f-secure-will-commence-on-1-july-2022
- ^ https://www.withsecure.com/en/expertise/topicals/the-european-way