StagePrivate Equity | Alive
Last Raised$5M | 5 yrs ago
EverSpin is a provider of dynamic security solutions, including EverSafe, which offers mobile app security; Trans Plus, which provides encrypting / encoding solutions; Smart Key Pass, which offers certification and authentication; and Code Mix, which provides source code obfuscation.
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Expert Collections containing EverSpin
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
EverSpin is included in 1 Expert Collection, including Cybersecurity.
EverSpin has filed 343 patents.
The 3 most popular patent topics include:
- Computer memory
- Magnetic ordering
Latest EverSpin News
Dec 6, 2022
Korea’s popular digital wallet Payco hit by signature key hijacking 2022.12.06 10:09:02 Receiver NHN Payco logo The signature key of South Korea’s popular payment app Payco with more than 10 million downloads has been leaked, raising serious cyber security concerns about personal information outflow and fake installation of malicious apps. According to multiple sources from the financial industry on Monday, security solution firm Everspin Co. sent out an emergency notice to 30 of its Korean clients, including KB Kookmin Bank, NH Nonghyup Bank, and KakaoBank, to warn that 5,144 malicious apps have been installed across Payco users’ devices with the digital wallet’s stollen certification key between Aug. 1 and Nov. 30 It warned of numerous financial accidents related to signature key management and voice phishing. NHN building Payco - managed by NHN Payco Corp. - was aware of the leak on Aug. 10 but had not informed its clients until media report by Maeil Business Newspaper. Payco said it had not made the signature key leak public because it has not found any attack on the Payco app itself. The app certified with the Payco signature key does not need a security check as it is recognized as a legit app made by Payco. This means any voice phishing app with the same signature value as with Payco app can be installed easily at any device as a certified app, according to Everspin. The Everspin found out that 18 apps including Hangame OTP, Fortune Monastery Today, and Ticketlink use the same signature key with Payco, suggesting the certification key leak. Everspin suspected that the leak could have been caused by either Google Play store account leak, manager PC hacking, or inattentiveness by other managers. “Google account leakage or management PC hacking could lead to bigger damage such as financial information leak because a hacker can switch Google Play store app,” said an unnamed official from Everspin. “It is a very serious cybersecurity issue.” Payco will carry out an app update using a new signature key this week, said an unnamed official from Payco. “We are devising measures to invalidate malicious app operation.” By Seo Jung-won and Lee Eun-joo [ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved] TUE
EverSpin Frequently Asked Questions (FAQ)
Where is EverSpin's headquarters?
EverSpin's headquarters is located at 7th FL., Seoul.
What is EverSpin's latest funding round?
EverSpin's latest funding round is Private Equity.
How much did EverSpin raise?
EverSpin raised a total of $20M.
Who are the investors of EverSpin?
Investors of EverSpin include BlackPine Private Equity Partners, SBI Group, TIPS Program and Coolidge Corner Investment.
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