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Comodo Group - the American developer of software and hardware solutions for corporate networks and the Internet portals founded in 1998. The company advances under the name of TrustLogo the system of confirmation of authenticity on the basis of SSL certificates, first of all for needs of e-commerce, and is one of the largest service providers in this area. Also she owns research center and renders consulting services in the field of security and cryptography. Both for the PC, and for servers, Comodo Group offers rather large number of applications free of charge.
Offices of the company are located in the USA, Great Britain, Ukraine and India.
History
2019: The majority of malwares on VirusTotal were signed with the certificate of Comodo
The Comodo CA certificate authority (now it is known as Sectigo) issued the greatest number of the certificates used for the signature of the samples of the malware found on VirusTotal, [1] specialists of Chronicle company found out during the conducted[1].
Experts analyzed executable files of Windows (PE) which were loaded into popular service of the analysis of files VirusTotal and found out that they from 3,815 studied malwares 1,775 were signed with the certificate of Comodo, 509 - Thawte, 261 - VeriSign, 131 - Symantec and 118 - DigiCert.
Collected data also showed that certificates of 21% of samples were withdrawn till May 8, 2019. As experts emphasized, the only way of fight against use of certificates in criminal objectives is their response.
As representatives of Sectigo assured, the company withdraws the certificates used in the cybercriminal attacks and does not issue to their famous sellers of the malware.
2017: Sale of business on release of safety certificates
As it became known at the end of October, 2017, the Comodo company suddenly sold the business connected with release of safety certificates for websites, major venture company. Media and the public guess what could become it the reason.[2]
Comodo was the leading certificate authority in the world until recently. According to the company, it produced 91 million certificates and, as of November, 2017, services 200 thousand clients in 150 countries of the world. According to W3Techs, 38.7% of the market fall to the share of Comodo; the company provides with SSL certificates 16.6% of all websites in Network.
As the buyer one of the major venture companies in Silicon Valley acted — Francisco Partners. This company is concentrated on investments into the hi-tech enterprises, in particular, in its portfolio — investment into the companies Blue Coat Barracuda WatchGuard, dealing with issues cyber security and also in payment system 2Checkout, the developer of hosting software Plex and others.
Until recently Francisco Partners owned a large share in the Corsair company which is engaged in release of components for high-performance computers and quite recently sold the part of shares for $525 million.
Francisco already announced that are going some time to retain support of the Comodo brand. Experts assume that Francisco is interested in expansion of the representation in IT market — with a view to a corporate and public sector. The SSL segment is very profitable, and after the actual leaving from it of Symantec company, in it the empty niche was formed.
Symantec left a game after a series of the scandals connected with incorrect release of certificates. The statement of Google for plans to refuse recognition in general of all certificates of Symantec since 2018 became the culmination. At the beginning of August, 2017 Symantec decided to leave SSL business and sold the certificate authority to DigiCert competing firm for $950 million and 30% of securities.
Transaction amount of Comodo and Francisco Partners is not disclosed. As any encumbrances and reasons for the emergency sale as in a case with Symantec, no, it is logical to assume that Francisco Partners could pay larger amount, than DigiCert.
 | Sale of division on release of safety certificates, most likely, was dictated by exclusively financial reasons — Valery Tyukhmenev, the information security expert of SEC Consult Services company considers. — If around certificates of Symantec scandals ran high with unenviable regularity, then at Comodo with it everything is all right, or, at least, within admissible error. On the other hand, the fact that venture firm acted as the buyer suggests an idea that some risk element is present at this transaction. |  |
Free products
- Comodo Internet Security
- Comodo Firewall Pro
- Comodo Memory Firewall
- Comodo Verification Engine
- Comodo AntiSpam
- Comodo SecureEmail
- Comodo AntiVirus
- Comodo BoClean
- Comodo AV Scanner
- Comodo BackUp
- Comodo System Cleaner
See Also
Notes
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