Digitization is one of the most transformational developments in the history of humanity. It revolutionizes the way we communicate, interact and make business. The megatrend of digitalisation is a core driver for developing business in the future energy world and beyond. The other side of the coin is an exponential increase in digital system complexity. And with that comes new vulnerabilities that threaten the integrity and availability of information and services. That's why we're looking to invest in the next generation of cybersecurity: advanced deception technologies, AI enabled anomaly detection, automated threat detection, behavioral analytics and deep learning based network traffic analysis. By shifting from defensive protection to active threat prevention, we believe that organisations can regain the advantage over cyber attackers.
Together with 'Rheingau founders' and 'Rotonda Investor Office', we invested this month in patronus.io, who have developed a software solution that enables small and medium sized business with little IT know-how to protect their websites proactively against cyber-attacks. The company will use the capital raised to develop the software and expand their business.
Helping SMEs to protect against hacker attacks
Today, the hacker scene is well organised and frequently has underlying financial motives, such as blackmailing hacked targets. Every year, cyber-attacks cost the global economy billions of dollars. Small to medium sized companies in particular often lack the web security knowledge and resources to efficiently protect their websites and online shops from cyber-attacks. This is especially worrying when the website increasingly represents the main communication and transaction channel with customers. Patronus.io offers an affordable solution for this segment.
The patronus.io software provides a fully automated solution that tests websites for vulnerabilities and scans the source code for backdoors and malware. Furthermore, it conducts a penetration test at frequent intervals. This procedure enables businesses to comply with the high technical security standards required by the General Data Protection Regulation (GDPR) which comes into force in May 2018.
Founded in late 2015 by Matthias Friese, Jens Altmann and Dominik Wojcik. Patronus.io offers its customers a fully automated web security SaaS solution that is specifically tailored to the needs of SMEs. Business owners without specific IT knowledge can proactively protect their online-shops and web applications from hacker attacks. In mid-2016, Rheingau Founders first invested in the Berlin IT security firm, followed in 2018 by the innogy Innovation Hub.