Verimatrix

{{Short description|Content security company}}

{{Advert|date=October 2023}}

{{Infobox company

| name = Verimatrix

| logo = Verimatrix logo.png

| logo_size = 200px

| traded_as = CAC Small

| industry = {{Unbulleted list|Cybersecurity|Streaming Media|Anti-Piracy|Content Security|Pay Television}}

| founded = 1995

| location = Meyreuil, France

| key_people = {{Unbulleted list|Asaf Ashkenazi (CEO)|Amedeo D'Angelo (executive chairman)|Jean-François Labadie (Chief Financial Officer)}}

}}

Verimatrix ({{Euronext|VMX|FR0010291245|XPAR}}) provides cybersecurity products and services that protect video content, streaming media, mobile applications, websites and APIs.{{Cite web |title=Verimatrix S.A. Company & People {{!}} VMX |url=https://www.barrons.com/market-data/stocks/vmx/company-people?countrycode=fr |access-date=2023-10-05 |website=Barron's |language=en}} The company merged with Inside Secure in 2019. It is headquartered in France and Asaf Ashkenazi is the CEO.{{Cite web |last=Field |first=Tom |date=8 May 2023 |title=Verimatrix CEO Asaf Ashkenazi Says Applications Pose a Serious Risk to Businesses |url=https://www.databreachtoday.com/defending-against-emerging-thre}}

History

Founded in 1995 by Jacek Kowalski and Bruno Charrat, Verimatrix was initially a content security specialist.{{Cite web |last=Mann |first=Colin |date=2019-03-01 |title=Inside Secure closes Verimatrix acquisition |url=https://advanced-television.com/2019/03/01/inside-secure-closes-verimatrix-acquisition/ |access-date=2023-11-09 |language=en-GB}} In 2017, the company acquired Meontrust, an internet software and services company that provides authentication services,{{Cite web |title=Verimatrix Acquires Meontrust Oy {{!}} Mergr M&A Deal Summary |url=https://mergr.com/verimatrix-societe-anonyme-acquires-meontrust-oy |access-date=2023-10-12 |website=mergr.com}} as well as the MiriMON technology and development team from TV audience analytics company Genius Digital.{{Cite web |date=23 June 2017 |title=Verimatrix acquires MiriMON from Genius Digital |url=https://www.digitaltveurope.com/2017/06/23/verimatrix-acquires-mirimon-from-genius-digital/ |website=Digital TV}}

In 2019, Verimatrix was acquired by French company Inside Secure.{{Cite web |last=McDonald |first=Andrew |date=1 March 2019 |title=Inside Secure closes acquisition of Verimatrix |url=https://www.digitaltveurope.com/2019/03/01/inside-secure-closes-acquisition-of-verimatrix/ |website=Digital TV}} The combined company adopted the Verimatrix name.{{Cite web |last= |first= |date=2019-07-02 |title=Inside Secure is now Verimatrix |url=https://www.helpnetsecurity.com/2019/07/02/inside-secure-verimatrix/ |access-date=2023-10-12 |website=Help Net Security |language=en-US}} After its merger with Inside Secure, the company focused on cybersecurity for the entertainment, mobile, IoT, and connected cars industries.{{Cite web |date=2018-12-05 |title=Inside Secure to buy Verimatrix |url=https://www.broadbandtvnews.com/2018/12/05/inside-secure-to-buy-verimatrix/ |access-date=2023-12-21 |website=Broadband TV News |language=en-GB}} 2019 is also when Verimatrix sold its Silicon IP, Secure Protocols and Provisioning business to Rambus Inc.{{Cite web |last=Chin |first=Spencer |date=4 September 2019 |title=Rambus acquires security IP from Verimatrix |url=https://www.fierceelectronics.com/electronics/rambus-bolsters-security-ip-portfolio-by-acquiring-verimatrix |access-date=18 October 2023 |website=Fierce Electronics}}

In 2023, the cybersecurity company received several awards: it was named a winner in mobile app security in the 2023 Global Infosec Awards by Cyber Defense Magazine;{{cite web |title=Global Infosec Awards for 2023 Winners by Company |url=https://cyberdefenseawards.com/global-infosec-awards-for-2023-winners-by-company/ |website=Cyber Defense Awards}} received the Biggest Cybersecurity Brand Growth - Europe award from the Cybersecurity Excellence Awards;{{cite web |url=https://cybersecurity-excellence-awards.com/2023-cybersecurity-company-awards-winners/ |website=Cybersecurity Excellence Awards |title=2023 Cybersecurity Company Awards - Winners |date=23 February 2023 }} and received a Stevie management award.{{cite web |title=Management Awards |url=https://stevieawards.com/aba/management-awards-2 |website=The American Business Awards|date=2 May 2019 }}

In April 2023, Verimatrix launched a cybersecurity microsite for CISOs, SOC teams, fraud departments, and developers.{{Cite web |last=Gurus |first=The |date=2023-04-13 |title=Verimatrix's Triple-Threat Initiative Enhances Mobile App Security |url=https://www.itsecurityguru.org/2023/04/13/verimatrixs-triple-threat-initiative-enhances-mobile-app-security/ |access-date=2023-10-18 |website=IT Security Guru |language=en-US}} The site contains the latest information on mobile app security. Similarly, the company's VMX Labs provide ongoing cyber threat advisories, as well as information from team members who investigate threat types.

Products

Verimatrix has a number of cybersecurity services and products including threat detection and response capabilities.{{Cite web |date=2023-08-10 |title=Verimatrix introduces new website security integration at Black Hat USA 2023 - Security On Screen by The Security Industry Group |url=https://securityonscreen.com/verimatrix-introduces-new-website-security-integration-at-black-hat-usa-2023/ |access-date=2023-10-31 |language=en-GB}}

= App Shield =

This product provides SaaS in-app protection in the form of zero code hardening of iOS and Android mobile apps to protect against reverse engineering and other attacks.{{Cite web |date=2022-02-16 |title=Verimatrix launches new security platform for content, apps and devices |url=https://www.broadbandtvnews.com/2022/02/16/verimatrix-launches-new-security-platform-for-content-apps-and-devices/ |access-date=2023-10-13 |website=Broadband TV News |language=en-GB}}{{Cite web |last= |first= |date=12 October 2022 |title=Verimatrix Spotlighted for Application Security |url=https://www.cdsaonline.org/post/?u=2022/10/12/verimatrix-spotlighted-for-application-security |access-date=2023-10-31 |website=CDSA: Content Delivery & Security Association |language=en-US}}

= Code Shield =

Code Shield protects application code with a customizable security toolkit.

= Key Shield =

Key shield is an engineering toolkit used to protect cryptographic keys to meet high-end compliance requirements.{{Cite web |last= |first= |date=14 May 2022 |title=Verimatrix Key Shield enhancements reduce SoftPOS security deployments |url=https://www.helpnetsecurity.com/2022/05/14/verimatrix-key-shield/ |access-date=2023-10-31 |website=Help Net Security |language=en-US}} In 2022, Verimatrix announced new options in Key Shield for SoftPOS users.

= Secure Delivery Platform =

This platform provides cybersecurity and anti-piracy services for media companies, content owners, streaming media providers, and broadcast operators.{{Cite web |date=2022-02-23 |title=Verimatrix offers bold cloud-based anti-piracy delivery platform |url=https://apb-news.com/verimatrix-offers-bold-cloud-based-anti-piracy-delivery-platform/ |access-date=2023-10-31 |website=APB+ News |language=en-US}} It was released in 2022 at which time it included Streamkeeper DRM and Streamkeeper Counterspy.

= Streamkeeper =

Streamkeeper, released in 2021, is a content protection product that combines the following Verimatrix products: Multi-DRM, Watermarking,{{Cite web |title=Megacable validates Streamkeeper's skills with apps, set tops, finance |url=https://rethinkresearch.biz/articles/megacable-validates-streamkeepers-skills-apps-set-tops-finance/ |access-date=2023-11-30 |website=Rethink |language=en}}{{Cite web |last=Sharma |first=Ray |title=Mexico's Megacable Selects Verimatrix XTD and Streamkeeper Anti-piracy Technologies |url=https://www.thefastmode.com/technology-solutions/24457-mexico-s-megacable-selects-verimatrix-xtd-and-streamkeeper-anti-piracy-technologies |access-date=2023-11-30 |website=www.thefastmode.com |language=en}} and Counterspy.{{Cite web |author1=Phil Kurz |date=2021-11-30 |title=Verimatrix Introduces Streamkeeper Cybersecurity, Anti-Piracy Solution |url=https://www.tvtechnology.com/news/verimatrix-introduces-streamkeeper-cybersecurity-anti-piracy-solution |access-date=2023-12-14 |website=TVTechnology |language=en}} It is used to prevent parasitic piracy, also known as CDN Leeching or vampire streaming.{{Cite web |last=Bridge |first=The Broadcast |date=2023-04-07 |title=Rising Live Sports Streaming Drives Supply Chain Innovations At 2023 NAB Show - The Broadcast Bridge - Connecting IT to Broadcast |url=https://www.thebroadcastbridge.com/content/entry/19349/rising-live-sports-streaming-drives-supply-chain-innovations-at-2023-nab-sh |access-date=2023-11-30 |website=www.thebroadcastbridge.com |language=en}} Streamkeeper was named a winner of the NAB Product of the Year Awards in the AI/Machine Learning category.{{Cite web |last= |first= |date=22 November 2022 |title=Verimatrix Streamkeeper Wins Award For 'Revenue Security' |url=https://www.cdsaonline.org/post/?u=2022/11/22/verimatrix-streamkeeper-wins-award-for-revenue-security |access-date=2023-12-21 |website=www.cdsaonline.org |language=en-US}}{{Cite web |last=Miller |first=Mark |date=2023-04-19 |title=NAB Show Announces Winners Of Product Of The Year Awards |url=https://tvnewscheck.com/tech/article/nab-show-announces-winners-of-product-of-the-year-awards/ |access-date=2023-12-21 |website=TV News Check |language=en}}

= Streamkeeper Multi-DRM =

Streamkeeper multi-DRM provides content protection with a focus on delivering video for a good viewer experience.{{Cite web |last1=Thursday |first1=Jo Ruddock |last2=September 1 |last3=Story |first3=2022-12:03 Print This |title=Telestream integrates Surveyor ABR Active monitoring technology with Verimatrix Streamkeeper multi-DRM |url=https://www.svgeurope.org/blog/news-roundup/telestream-integrates-surveyor-abr-active-monitoring-technology-with-verimatrix-streamkeeper-multi-drm/ |access-date=2023-12-05 |website=SVG Europe |language=en}} It was integrated with Surveyor ABR Active in 2022. Surveyor is Telestream iQ’s ABR streaming QoE and QoS monitoring technology.

= Video Content Authority System =

This SaaS product provides cloud-based anti-piracy security.{{Cite web |last=Sharma |first=Ray |title=Swisscom Expands to Verimatrix's SaaS-based Content Security Solution |url=https://www.thefastmode.com/technology-solutions/29702-swisscom-expands-to-verimatrixs-saas-based-content-security-solution |access-date=2023-12-18 |website=www.thefastmode.com |language=en}}

= Extended Threat Defense (XTD) =

XTD is used to prevent, detect, and predict threats to mobile apps and other devices that connect to business infrastructure.{{Cite web |last=Reynolds |first=Delia |date=2023-04-19 |title=Verimatrix, a company that provides people-centered security for the connected world, will showcase its latest Verimatrix XTD UX and design at this year's |url=https://www.bollyinside.com/news/technology/news-verimatrix-plans-to-showcase-latest-application-security-technology-at-rsa-conference-2023/ |access-date=2023-12-18 |website=Bollyinside - Breaking & latest News worldwide |language=en-US}} It is an enterprise SaaS solution.

= Web Protect =

In August 2022, the company released Verimatrix Web Protect. It provides website security services and is offered through a partnership with Relectiz, a cybersecurity company.

Leadership

Asaf Ashkenazi was appointed CEO of Verimatrix in August 2022.{{Cite web |last=Mann |first=Colin |date=2022-07-29 |title=Asaf Ashkenazi new Verimatrix CEO |url=https://advanced-television.com/2022/07/29/asaf-ashkenazi-new-verimatrix-ceo/ |access-date=2023-11-08 |language=en-GB}} He joined the company in 2018 and held the titles of Chief Strategy Officer and Chief Operations Officer before his appointment as CEO.{{Cite web |last=Schaefer |first=Tony |date=2019-11-15 |title=#341: Special Guest: Asaf Ashkenazi of Verimatrix |url=https://whatdrives.us/341-special-guest-asaf-ashkenazi-of-verimatrix/ |access-date=2023-11-08 |website=What Drives Us |language=en-US}}{{Cite web |last=Berg |first=Madeline |title=Coronavirus Is Killing The Box Office—Hollywood May Never Be The Same |url=https://www.forbes.com/sites/maddieberg/2020/03/20/coronavirus-is-killing-the-box-office-hollywood-may-never-be-the-same/ |access-date=2023-11-08 |website=Forbes |language=en}}

His previous positions include vice president of product strategy at Inside Secure; vice president of IoT security products at Rambus; and lead for security products at Qualcomm.{{cite web |last1=May 8 |first1=Tom Field |title=Defending Against Emerging Threats in Mobile Security |url=https://www.databreachtoday.com/defending-against-emerging-threats-in-mobile-security-a-21878 |website=www.databreachtoday.com |language=en}} He also worked at Freescale Semiconductor and Motorola, and served on the board of the FIDO Alliance.

References

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