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Panda Security is a Spanish company that specializes in creating products for IT security. It started with antivirus software, and now also provides advanced cybersecurity services. This includes security products and services for both businesses and home users, and protection tools for systems, networks, emails, and other private information.
|Headquarters||Bilbao and Madrid, Spain|
Antivirus, firewall |
Spam and spyware detection
Security and management tools
In 2005, Panda Security was the fourth largest antivirus vendor worldwide, with 3.2% of the marketplace. In November 2015 OPSWAT measured Panda Security's market share to be 3.6%. The company, whose shares were previously 100% held by Urizarbarrena, announced on 24 April 2007 the sale of 75% of its shares to Southern European investment group Investindustrial and private equity firm Gala Capital. On 30 July 2007 the company changed its name from Panda Software to Panda Security and Urizarbarrena was replaced by Jorge Dinares. Almost one year later, on 3 June 2008, amidst flagging sales, the board of directors voted to remove Dinares and replace him with Juan Santana, the CEO. Santana resigned in September 2011 and was replaced by José Sancho as acting CEO.
Panda Security is rated in Jan 2018 by Gartner analysts as a Endpoint Protection Visionary. Its unique value proposition is the classification of every single process on a protected endpoint device, and it is the only vendor to include a managed threat hunting service in the base purchase of its EPP. Technological milestones include its pioneering launch of security systems, such as the SaaS concept (Security as a Service) or antivirus solutions that provide protection from the cloud (cloud computing) and are based on what Panda calls Collective Intelligence, a security model Panda introduced on the market in 2007.
According to its CEO, the main benefit this security model provides is that it allows automatic scanning of threats instead of the manual scans carried out by other companies, .
The firm has subsidiaries in the US, Italy, Switzerland, Germany, Austria, Belgium, the Netherlands, France, UK, Sweden, Finland, Spain, and Japan. Additionally, it has franchises in another 44 countries. The US subsidiary has had five management turnovers since 2007 before moving its headquarters to Orlando, Florida in 2009,
In late 2009, Panda Security created a partnership with Web of Trust to help fight against the war of viruses.
Panda was previously embroiled in a lawsuit with one of its channel partners, External Technologies, Inc. In 2013, Panda prevailed in its lawsuit against External Technologies, recovering a judgment in excess of $100,000 and prevailing on all claims asserted by External against Panda. On 3 August 2010, a new office location in Menlo Park, California was publicly announced by Panda's CEO via his Twitter account.
In 2012, Panda Security was the tenth largest antivirus vendor worldwide, with 2.0% of the marketplace.
In 2015, Panda Security obtained the best rate protection in the Real World Protection Test by AV-Comparatives. In 2018, Panda antivirus received their Gold award fr ratives. for the Whole Product Dynamic “Real-World” Protection Test.
Panda Security was named Company of the Year 2016 by leading Spanish newspaper el Suplemento for innovative work, growth outreach and history.
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TruPrevent, which was introduced in 2003, is a set of technologies developed by Panda Security for proactive protection in home and corporate computers, as opposed to traditional antivirus products, which provide reactive protection. It offers generic protection against many of the techniques used by new malware, with policies and rules that are developed based on the new vulnerabilities that appear daily.
Due to the vast amount of new malware that appears every day (in 2007 PandaLabs detected an average of 3,000 new samples[clarification needed] a day, which had risen to 35,000 in 2009), Panda Security developed a protection system to automatically detect, scan and classify malware in real time. This security model presented in 2007 was called “Collective Intelligence” and is the basis of its products that offer security from the cloud.
This technology is implemented in its 2009 and 2010 antivirus products for home users and in the new Panda Cloud Antivirus, which the company has classified as the first antivirus in history that provides protection from the cloud 
These antivirus products only include the information about malware samples that cause most infections at any given moment, while the rest of the information is stored in Panda’s knowledge base. The antivirus connects to this knowledge base whenever necessary. This system is designed to offer real-time protection against thousands of new malware samples, use the community knowledge base to offer further protection and not to consume computer resources.
Panda Adaptive Defense is the first Endpoint Detection and Response (EDR) security solution to achieve the EAL2+ security certification under the Common Criteria standard, published in the BOE (Official State Bulletin) for May 2018. The Common Criteria EAL2+ is a minimum requirement for many Government departments and specific industries (finance, healthcare, communications etc), for endpoint protection technology recognised by the governments of 28 countries across the globe. 
Panda Security's Adaptive Defense won best Advanced Persistent Threat (APT) Solution award Computing Magazines Security Excellence Awards 2016.
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