# Cipher

> Cipher is Prosegur’s cybersecurity division, combining its proprietary xMDR platform with managed detection and response, threat research, security integration, offensive testing and compliance consulting. It serves businesses and institutions across several countries, with an emphasis on connecting existing security technologies and providing human investigation and response.

- **Founded:** 2000
- **Headquarters:** Deerfield Beach, United States
- **Founders:** Eduardo Bouças (Founder and former CEO)
- **Products:** xMDR Platform, xMDR Services / SOC by xMDR, Retrospective Threat Hunting, Unit X63, Protect
- **Notable:** Founded in 2000 and acquired by Prosegur following a majority-stake agreement announced in December 2018., Fitbank and Cipher reported PCI DSS and PCI PIN certifications completed in 11 months in October 2026., Cipher’s Prosegur case study reports about 35% fewer analyses required from analysts.

## Products & services

- **xMDR Platform** — Proprietary, vendor-neutral platform for adversary profiling, alert correlation, investigation and AI-assisted detection and response.
- **xMDR Services / SOC by xMDR** — Managed monitoring, threat hunting, investigation and response supported by security operations teams.
- **Retrospective Threat Hunting** — An October 2026 addition to SOC by xMDR that checks historical customer data against new threat intelligence and sends relevant matches to specialists.
- **Unit X63** — Threat research and cyber intelligence focused on adversary behavior, campaigns and tactics.
- **Protect** — Security posture improvement planning and integration for cloud, operational technology, connected devices and cyber-physical systems.
- **Red Team Services** — Penetration testing, social engineering, security auditing and simulated attacks.
- **Governance, Risk and Compliance** — Risk and maturity assessments, governance programs and audits including PCI DSS and PIN security.
- **Managed Security Services** — Ongoing management and monitoring of customer security environments.

## Achievements

- Founded in 2000 and acquired by Prosegur following a majority-stake agreement announced in December 2018.
- Fitbank and Cipher reported PCI DSS and PCI PIN certifications completed in 11 months in October 2026.
- Cipher’s Prosegur case study reports about 35% fewer analyses required from analysts.
- Expanded xMDR distribution through Microsoft marketplace in 2025.

## Latest updates

- **2026-10** — October 5: published the Fitbank cloud-native PCI DSS and PCI PIN project, including Jira-to-HSM workflow automation.
- **2026-10** — October 2 press listing: introduced Retrospective Threat Hunting within SOC by xMDR.
- **2025-09** — September 9: announced the Securonix managed-security channel partnership.
- **2025-04** — April 2: ECIJA announced the joint legal and cybersecurity services alliance.
- **2025-02** — February 10: announced xMDR availability through Microsoft Azure marketplace.

## Links

- Website: https://www.cipher.com/
- LinkedIn: https://www.linkedin.com/company/cipher/
- Twitter/X: https://twitter.com/ciphersec
- YouTube: https://www.youtube.com/ciphersec
- Instagram: https://www.instagram.com/ciphersec/
- Facebook: https://www.facebook.com/ciphersec

---

Profile page: https://yespress.io/cipher
Published by YesPress — https://yespress.io
Last updated: 2026-10-25