Foregenix has sold its ThreatView technology to Turaco Labs, a firm which has been launched by Benjamin Hosack.
ThreatView, under Turaco Labs, promises to be a game-changer for the global eCommerce industry.
The technology will protect websites from malware attacks while simplifying compliance with the Payment Card Industry data security standard.
ThreatView represents the next generation of eCommerce security, following on from Foregenix’s FGX-Web and WebScan technologies which were developed for use in its digital forensic work, and have for more than a decade been used to monitor the security status of millions of eCommerce sites.
With Turaco Labs, Mr Hosack has plans to assemble a team of 10 to 15 professionals within the next year as the technology and business expand.
He will remain on the Foregenix board and the two companies will work in close collaboration.
Foregenix aims to use ThreatView to support its current clientele of banks and payment processing services.
The launch of ThreatView, which is based in Hungerford, follows the…