Cyren Ltd., together with its subsidiaries, develops and markets information security solutions for protecting Web, email, and mobile transactions in the United States, Germany, other European countries, the Asia Pacific, Israel, and internationally. It offers software-as-a-service (SaaS) cybersecurity solutions that protect businesses, their employees, and customers from email, files, and the web threats. The company provides Cyren threat detection services, which include email security engine that offers anti-spam inbound and outbound, IP reputation, and virus outbreak detection services; malware detection engine that is used to protect email applications; Web security engine that is used by customers to provide URL classification for web browser filtering and safe search capabilities; and threat analysis services to detect advanced cyber threats. It also provides Cyren threat intelligence data products, which include real-time phishing intelligence, malware file intelligence, IP reputation intelligence, malware URL intelligence, and Zombie host intelligence for threat detection, threat hunting, and incident response. In addition, the company offers Cyren enterprise email security products, including Cyren Email Security, a cloud-based secure email gateway; Cyren Inbox Security, an anti-phishing and remediation product for Microsoft 365; and Cyren Threat InDepth, a threat intelligence that allows enterprise security teams and executives to gain a view of evolving email-borne threats and make decisions to mitigate them. It sells its products through direct and indirect channels, including distributors, value added resellers, and managed service providers to enterprise customers and original equipment manufacturers. The company was formerly known as Commtouch Software Ltd. and changed its name to Cyren Ltd. in January 2014. Cyren Ltd. was incorporated in 1991 and is based in Herzliya, Israel.
IPO Year:
Exchange: NASDAQ
Website: cyren.com
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Q3 Enterprise Anti-Phishing ARR Grows 74% Year-over-Year Driven by Increased DemandMCLEAN, VA / ACCESSWIRE / November 14, 2022 / Cyren (NASDAQ:CYRN) today announced its third quarter 2022 financial results for the period ending September 30, 2022.Cyren reported quarterly revenues of $5.8 million for the third quarter of 2022, a 4% increase compared to $5.6 million for the third quarter of 2021. Net loss from continuing operations was $5.5 million for 2022, compared to a net loss of $6.1 million in 2021."We are pleased to see year-over-year revenue growth in our third quarter, driven by both our enterprise anti-phishing business as well as our threat detection OEM business," said Brett Jackso
MCLEAN, VA / ACCESSWIRE / November 2, 2022 / - Cyren (NASDAQ:CYRN) today announced it will release its third quarter financial results on Monday, November 14, 2022, after U.S. markets close.The company will also host a conference call at 4:30 p.m. Eastern Time on Monday, November 14, 2022.US: 1-877-407-0312International: 1-201-389-0899The call will be simultaneously webcast live on the investor relations section of Cyren's website at http://ir.cyren.com, or by using the following link: https://www.webcast-eqs.com/register/cyren11142022_en/enFor those unable to participate in the live conference call, a replay will be available until November 30, 2022. To access the replay, the U.S. dial-in n
MCLEAN, VA / ACCESSWIRE / August 1, 2022 / Cyren (NASDAQ:CYRN) today announced it will release its second quarter financial results on Monday, August 15, 2022, after U.S. markets close.The company will also host a conference call at 4:30 p.m. Eastern Time on Monday, August 15, 2022.US: 1-877-407-0667International:1-201-389-0899The call will be simultaneously webcast live on the investor relations section of Cyren's website at http://ir.cyren.com, or by using the following link: https://www.webcast-eqs.com/register/cyren20220815_en/en.For those unable to participate in the live conference call, a replay will be available until August 30, 2022. To access the replay, the U.S. dial-in number is
Enterprise Anti-Phishing ARR Grows 111% Year-over-Year as Cyren Inbox Security Momentum Continues to Build MCLEAN, VA / ACCESSWIRE / May 16, 2022 / Cyren (NASDAQ:CYRN) today announced its first quarter 2022 financial results for the period ending March 31, 2022.During the first quarter of 2022, Cyren reported quarterly revenues of $7.3 million, compared to $8.8 million during the first quarter of 2021. GAAP net loss for the quarter was $6.5 million, compared to the $4.2 million net loss reported for the first quarter of 2021, due to lower revenues and higher R&D and G&A expenses compared to the prior year."While our overall revenues declined year-over-year in our legacy business, Q1 2022 was
MCLEAN, VA / ACCESSWIRE / May 2, 2022 / Cyren (NASDAQ:CYRN) today announced it will release its first quarter financial results on Monday, May 16, 2022, after U.S. markets close.The company will also host a conference call at 4:30 p.m. Eastern Time on Monday, May 16, 2022.US: 1-877-407-0312Israel: 1-80-940-6247International: 1-201-389-0899The call will be simultaneously webcast live on the investor relations section of Cyren's website at http://ir.cyren.com, or by using the following link:https://www.webcast-eqs.com/cyren05162022_en/en.For those unable to participate in the live conference call, a replay will be available until May 30, 2022. To access the replay, the U.S. dial-in number is 1
Enterprise Anti-Phishing ARR Grows 87% Year-over-YearMCLEAN, VA / ACCESSWIRE / March 24, 2022 / Cyren (NASDAQ:CYRN) today announced its fourth quarter and full year 2021 financial results for the period ending December 31, 2021.During the fourth quarter of 2021, Cyren reported quarterly revenues of $7.4 million, compared to $8.4 million during the fourth quarter of 2020. For the full year ended 2021, revenues were $31.2 million compared to $36.4 million in the prior year."While overall revenues declined year-over-year, this was within our legacy business and previously reported. The key highlight of 2021 was the strong growth from our anti-phishing product, Cyren Inbox Security", said Brett
MCLEAN, VA / ACCESSWIRE / March 10, 2022 / Cyren (NASDAQ:CYRN) today announced it will release its fourth quarter and full year 2021 financial results on Thursday, March 24, 2022, after U.S. markets close.The company will also host a conference call at 4:30 p.m. Eastern Time on Thursday, March 24, 2022.US: 1-877-407-0312Israel: 1-80-940-6247International: 1-201-389-0899The call will be simultaneously webcast live on the investor relations section of Cyren's website at http://ir.cyren.com, or by using the following link: https://www.webcast-eqs.com/cyren20220324_en/en.For those unable to participate in the live conference call, a replay will be available until April 7, 2022. To access the rep
Cyren Inbox Security Momentum Continues as Customer Transactions Increase 36% Quarter-over-QuarterMCLEAN, VA / ACCESSWIRE / November 15, 2021 / Cyren (NASDAQ:CYRN) today announced its third quarter 2021 financial results for the period ending September 30, 2021.During the third quarter, Cyren reported quarterly revenues of $7.5 million, compared to $9.1 million during the third quarter of 2020. GAAP net loss for the quarter was $5.8 million, compared to the $4.9 million net loss reported during the third quarter of 2020, due to lower revenues, partially offset by lower operating expenses compared to the prior year."Cyren continues to focus on establishing revenue growth by executing our stra
MCLEAN, VA / ACCESSWIRE / November 1, 2021 / Cyren (NASDAQ:CYRN) today announced it will release its third quarter 2021 results on Monday, November 15, after U.S. markets close.The company will also host a conference call at 4:30 p.m. Eastern Time on Monday, November 15, 2021.US: 1-877-407-0312Israel: 1-80-940-6247International: 1-201-389-0899The call will be simultaneously webcast live on the investor relations section of Cyren's website at http://ir.cyren.com, or by using the following link:https://www.webcast-eqs.com/cyren11142021_en/en.For those unable to participate in the live conference call, a replay will be available until November 29, 2021. To access the replay, the U.S. dial-in nu
Cyren Inbox Security, Anti-Phishing for the Enterprise, Achieves Record ARR GrowthMCLEAN, VA / ACCESSWIRE / August 16, 2021 / Cyren (NASDAQ:CYRN) today announced its second quarter 2021 financial results for the period ending June 30, 2021.During the second quarter, Cyren reported quarterly revenues of $7.6 million, compared to $9.2 million during the second quarter of 2020. GAAP net loss for the quarter was $5.6 million, compared to the $4.6 million net loss reported during the second quarter of 2020, due to lower revenues, partially offset by lower operating expenses compared to the prior year."While overall revenues declined year-over-year, this decline was predominantly within our legacy
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Matt Mosley to lead execution of cyber startup's strategy and operations COLUMBIA, Md., Oct. 19, 2022 /PRNewswire-PRWeb/ -- Foretrace, a cyber security startup, today announced the appointment of industry veteran Matt Mosley as President and Chief Operating Officer. Reporting to the CEO, Mosley will lead the execution of Foretrace's go-to-market strategy and oversee its operations. "Matt is an exceptional business leader who brings a unique skill set to Foretrace. He has demonstrated the ability to grow and lead startups, build high-performing teams, and develop products from concept to market", said Nick Ascoli, Founder and CEO of Foretrace. "As COO, Matt will work closely with me and the r
MCLEAN, VA / ACCESSWIRE / January 27, 2021 / Cyren (NASDAQ:CYRN), a provider of email security and threat intelligence solutions, today announced that Kenneth Tarpey will join the Company as Chief Financial Officer, replacing Michael Myshrall, who, after ten years with the company, is moving on to pursue other interests. Mr. Tarpey joins Cyren with over 30 years of financial leadership experience in both public and private technology companies. Most recently, Mr. Tarpey was the Chief Financial Officer of Videology, a $200 million video advertising platform company. He previously served as the CFO of comScore (SCOR), a publicly traded digital analytics company with over 1,300 employees and
MCLEAN, VA / ACCESSWIRE / February 22, 2023 / Cyren (NASDAQ:CYRN), a provider of email inbox security and threat detection solutions, today announced that, in response to its planned liquidation, the Company received written notice from Nasdaq, advising it that based upon Nasdaq's review and pursuant to Listing Rule 5101, 5110(b) and IM-5101-1, Nasdaq has determined to delist the Company's securities from The Nasdaq Stock Market. The Company does not plan to appeal Nasdaq's determination.Therefore, the Company expects, based on Nasdaq's written notice, that the trading of the Company's ordinary shares will be suspended at the opening of business on March 3, 2023, and that Nasdaq will file a
MCLEAN, VA / ACCESSWIRE / February 22, 2023 / Cyren (NASDAQ:CYRN), a provider of email inbox security and threat detection solutions, today announced that, in response to its inability to secure additional sources of liquidity or consummate a going concern sale, as previously disclosed, the Board of Directors of the Company approved a plan to cease operations and commence insolvency proceedings for the Company and to liquidate its wholly-owned subsidiaries under applicable insolvency and other laws.The Company intends to commence a voluntary bankruptcy proceeding in Israel by filing an insolvency application with the Tel Aviv District Court. The Company also approved (i) its US subsidiary, C
MCLEAN, VA / ACCESSWIRE / February 21, 2023 / Cyren (NASDAQ:CYRN), a provider of threat detection solutions, today announced it has entered into a non-binding, non-exclusive letter of intent (LOI) with Opin Kerfi (OK) to sell certain of its Iceland-based assets associated with Cyren's anti-malware business, including products, technology and related IP. The purchase price was not disclosed.Cyren previously announced a global reduction of substantially all of its workforce due to liquidity challenges. The sale of the anti-malware business assets to OK is an asset monetization opportunity for Cyren that would enable Cyren's anti-malware customers continued access to Cyren's anti-malware produc
MCLEAN, VA / ACCESSWIRE / February 1, 2023 / Cyren (NASDAQ:CYRN), a provider of inbox security and threat detection solutions, today announced that, in response to current market conditions and associated challenges with raising additional capital, the Company approved a plan to reduce its workforce by approximately 121 employees, representing substantially all of the Company's workforce.In the absence of additional sources of liquidity, management anticipates that the Company's existing cash and projected cash flows from operations will not be sufficient to meet the Company's working capital needs in the near term. The Company continues to assess all of its strategic options, including pote
Q3 Enterprise Anti-Phishing ARR Grows 74% Year-over-Year Driven by Increased DemandMCLEAN, VA / ACCESSWIRE / November 14, 2022 / Cyren (NASDAQ:CYRN) today announced its third quarter 2022 financial results for the period ending September 30, 2022.Cyren reported quarterly revenues of $5.8 million for the third quarter of 2022, a 4% increase compared to $5.6 million for the third quarter of 2021. Net loss from continuing operations was $5.5 million for 2022, compared to a net loss of $6.1 million in 2021."We are pleased to see year-over-year revenue growth in our third quarter, driven by both our enterprise anti-phishing business as well as our threat detection OEM business," said Brett Jackso
MCLEAN, VA / ACCESSWIRE / November 2, 2022 / - Cyren (NASDAQ:CYRN) today announced it will release its third quarter financial results on Monday, November 14, 2022, after U.S. markets close.The company will also host a conference call at 4:30 p.m. Eastern Time on Monday, November 14, 2022.US: 1-877-407-0312International: 1-201-389-0899The call will be simultaneously webcast live on the investor relations section of Cyren's website at http://ir.cyren.com, or by using the following link: https://www.webcast-eqs.com/register/cyren11142022_en/enFor those unable to participate in the live conference call, a replay will be available until November 30, 2022. To access the replay, the U.S. dial-in n
Matt Mosley to lead execution of cyber startup's strategy and operations COLUMBIA, Md., Oct. 19, 2022 /PRNewswire-PRWeb/ -- Foretrace, a cyber security startup, today announced the appointment of industry veteran Matt Mosley as President and Chief Operating Officer. Reporting to the CEO, Mosley will lead the execution of Foretrace's go-to-market strategy and oversee its operations. "Matt is an exceptional business leader who brings a unique skill set to Foretrace. He has demonstrated the ability to grow and lead startups, build high-performing teams, and develop products from concept to market", said Nick Ascoli, Founder and CEO of Foretrace. "As COO, Matt will work closely with me and the r
Faster than existing solutions, Cyren Hybrid Analyzer improves detection of zero-hour malware without compromising performance or privacyMCLEAN, VA / ACCESSWIRE / September 13, 2022 / Cyren (NASDAQ:CYRN), a provider of cloud email security and threat detection services, today announced the general availability of Cyren Hybrid Analyzer, a new offering that produces detailed analysis and risk ratings of files without the cost, speed, and scalability constraints of sandboxes and other malware file analysis technologies. The new solution enables service providers, technology companies, and large enterprises to lower the risk of undetected malware.New, undetected malware represents upwards of 10%
MCLEAN, VA / ACCESSWIRE / August 17, 2022 / Cyren (NASDAQ:CYRN), a provider of next-generation email protection and cyber threat intelligence solutions, today announced it has successfully completed the external audit of its security controls and processes according to the Service Organization Controls (SOC) 2 Type 2. The process requires an accredited third party to thoroughly review and approve of Cyren's security program over time, giving customers peace of mind that Cyren Inbox Security is operated according to best practices."We have a responsibility to secure our customers and their data from attack," said Michael Tamir, Chief Information Security Officer at Cyren. "It's an important m
Enterprise Anti-Phishing ARR Grows 87% Year-over-Year and Core Threat Detection Business Exceeds ExpectationsMCLEAN, VA / ACCESSWIRE / August 15, 2022 / Cyren (NASDAQ:CYRN) today announced its second quarter 2022 financial results for the period ending June 30, 2022.Cyren reported quarterly revenues of $5.8 million for the second quarter of 2022, a slight increase compared to $5.7 million for the second quarter of 2021. Net loss from continuing operations was $5.8 million for the second quarter of 2022, compared to a net loss of $5.9 million in 2021.During the second quarter, Cyren agreed to sell its legacy secure email gateway business for €10.0 million in cash, subject to customary post-cl
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Cyren (NASDAQ:CYRN), a provider of email inbox security and threat detection solutions, today announced that, in response to its inability to secure additional sources of liquidity or consummate a going concern sale, as previously disclosed, the Board of Directors of the Company approved a plan to cease operations and commence insolvency proceedings for the Company and to liquidate its wholly-owned subsidiaries under applicable insolvency and other laws. The Company intends to commence a voluntary bankruptcy proceeding in Israel by filing an insolvency application with the Tel Aviv District Court. The Company also approved (i) its US subsidiary, Cyren, Inc. commencing a general assignment