Zagreb ReversingLabs Member of Largest Open Source Security Initiative

Lauren Simmonds

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As Poslovni Dnevnik writes, among the 20 global technology and other companies that joined Linux’s Open Source Security Foundation in March (OpenSSF) is the Zagreb ReversingLabs company, a cybersecurity specialist enterprise and one of the fastest growing IT companies in all of Croatia.

OpenSSF has been operating under the auspices of the non-profit Linux Foundation since August 2020, and it brings together the world’s most important initiatives to increase open source security. The latest round of membership enlargement saw Spotify, MongoDB, Alibaba Cloud, Citi, Huawei Technologies and others join, as well as the Zagreb ReversingLabs company. This followed recent speeches to congressional bodies on the growing risks of open source and the need to increase its security. The White House also held a summit on the same topic.

Open source security is under the magnifying glass of the American authorities after a number of organisations and corporations were attacked back in 2020 and 2021 through the software supply chain. With the May 2021 decree, American President Joe Biden enacted a series of measures to improve the security of software and digital infrastructure in the country, and a significant portion of those measures relate to the supply chain. Further improvements to the regulatory framework are also expected.

“More and more new threats are coming from the software supply chain, and among them are risks from the open source ecosystem. Due to a number of interdependencies and complexities, companies often don’t have any insight into the origin of the code and components built into their software. It’s difficult for them to recognise malicious elements in applications and track every component from its origin to the final version of the software. We’re happy to join OpenSSF and we believe that we can contribute in the field of automation of more complex lists of software components, as well as when it comes to further reducing risks related to the supply chain and software development process,” said Mario Vuksan, CEO and co-founder of the Zagreb ReversingLabs company.

”Open source is the foundation on which software is built today. Our work at OpenSSF, along with the contributions of companies and individuals from around the world, is key to the improvements we want to achieve,” said Brian Behlendorf, the CEO of OpenSSF. According to him, OpenSFF is a neutral forum with broad support through which significant progress can be made when it comes to open source security.

The Zagreb ReversingLabs company

ReversingLabs has built the world’s largest malware database through a development centre located right here in Zagreb. The company, founded back in 2009 by Mario Vuksan and Tomislav Pericin, won the title of Black Unicorn in the United States of America for the third year in a row last year. It is awarded in the cybersecurity industry to companies with growth potential up to a market value of one billion dollars. ReversingLabs’ development centre and expertise are all in Zagreb, and their customers – leading social networks, antivirus companies, corporations and government agencies – are rrom all around the world.

So far, they have raised 81 million US dollars in two investment rounds and invested it in new product development, organisational growth and further placement in the US market. They employ 120 people here in Zagreb, and another 60 in the American city of Boston. They have significant sales and marketing activities in the US, where they have been present almost since their inception.

The Zagreb ReversingLabs company was also among the first to interpret the anatomy of the attack on the American IT company SolarWinds, which marked the entire year of 2021 and is one of the largest known cyber incidents in the world to date.

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