Company Overview

HOPZERO Inc., a security startup in Austin, TX, is developing a revolutionary SaaS solution that secures private data by controlling the distance it can travel.

Problem

Despite 30 years of continuously evolving firewall and security products, data compromise is epidemic. First, firewalls were deployed. When that was insufficient, they were followed by Intrusion Detection Systems (IDS) that revealed harmful digital signatures sneaking through the firewall, followed by Intrusion Prevention Systems (IPS) that quarantined those signatures, followed by Antivirus, Identity and Access Management (IAM) and Multifactor Authentication (MFA). Despite these improvements, devastating cyber exploits occur every day.

Pain

Current methods have resulted in higher costs and complexity without providing absolute protection from cyber attacks. The industry estimates that cybersecurity will soon eclipse IT spending by a factor of four. Government and private industry need an effective solution. The exposure to litigation and penalties for loss of data is staggering. The world cannot afford to allow these breaches to continue.

Solution

Instead of trying to keep the bad actors out, HOPZERO keeps important data in, drawing a line where data is discarded before it can exit a perimeter — a radical paradigm shift. HOPZERO provides security at the TCP/IP network layer, taking advantage of protocol rules to limit how far data packets can travel, ensuring sensitive data is protected when all other security measures fail.

Markets

HOPZERO software is industry- and technology-agnostic and complements existing security products. HOPsphere Radius Security is sold to commercial and public-sector customers (including national defense agencies) who need to secure their networks against data breaches. HOPZERO is seeking distribution partnerships for the Internet of Things (IoT) business and consumer markets.

Competitive Advantage

HOPsphere Radius Security is a new category of security product. No other cybersecurity solution uses data lifespan to create a secure radius for data on the network. HOPZERO offers a “Protocol Level Security” solution vs. traditional application or hardware tools. HOPZERO has a patent pending for the proximity control solution.

Business Model

HOPZERO is developing the HOPsphere Radius Security suite of products as a Software as a Service (SaaS) security solution. The HOPsnap solution is a cloud-based module in the HOPZERO Secure Portal for customers and security professionals. This first-ever approach allows organizations to upload their network information to receive a never-seen security risk assessment of potential breaches based on where their data has traveled. No software agent, hardware, or private data is required by the system. The HOPsphere solution will offer both a cloud-only and hybrid-cloud option allowing customers to view security risks, determine a safe radius for data, and set a security perimeter to stop any communications beyond a defined radius.

Milestones

HOPZERO has a patent pending as of August 2016.