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HanSight Closed Series C Funding, Led by 360 Group
COVID-19 and China
HanSight office. PHOTO: Credit to Hansight.

HanSight, a cybersecurity venture, has closed its Series C funding led by 360 Group, after it received investments from IDG Capital last year. On the back of a growing threat of Internet frauds and cyber attacks, HanSight develops cloud-based big data analytics platforms to help organizations quickly identify patterns from their raw files and block the attacks. 360 Group commented that the HanSight is a strategic fit and HanSight's machine learning capability of the startup will shape the future of cybersecurity.

While the legacy cybersecurity tools require extensive human interaction such as manually setting up and maintaining the firewall, the new generation of firewall will involve machine learning capabilities to identify the relationships between threats, such as malicious files, suspicious IP addresses or insiders within seconds, according to IBM. As a startup with merely five years of operating history, HanSight became the only Asian SIEM (Security Information and Event Management) provider selected by Gartner Peer Insights Voice of the Customer Report with the highest score. Today, HanSight serves hundreds of clients including the state-owned banks and small-sized organizations. It has also developed relationship with top academic institutions as well as tech giants Baidu and Huawei.

The three solutions offered by HanSight are listed below.

Anti-fraud solution is mainly designed for banking clients to enforce real-time alerting, conduct vulnerability assessment and identify fraudulent financial activities.

Data security solution is created for companies with highly sensitive data. Although many organizations have deployed the DLP (Data Leakage Prevention) systems, they still encounter false alarms or fail to recognize unconventional data leakage. This solution aims to study multi-dimensional data among visitors to helps detect complex internal threat with high efficiency.

Threat detection solution is applicable to all industries. HanSight NTA network traffic intelligence analysis engine (HanSight NTA) supports a variety of protocol traffic anomaly analysis and significantly improves the accuracy of detecting unknown virus.

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