The company wants to establish itself in the market as a benchmark for cybersecurity at a local level and build a new paradigm in the Digital Identity sector from the Basque Country. Currently, 4 of the 10 largest banks in the country already trust it.

Ironchip was born in 2017 to cover a critical need in the market: to protect the identity of users on the Internet in an unbreakable way. Julen Martínez, CEO of Ironchip, explains that, "with the advent of artificial intelligence capable of impersonating identities, it has become imperative to have multiple robust authentication factors." The company has developed a location technology based on waves and artificial intelligence, overcoming the limitations of GPS and IP, which are "not very precise and easily falsified."

Ironchip is a manufacturer of cybersecurity products with two very defined lines of work. One of them is the protection of digital identity (‘Ironchip Identity Platform’) and the other, the detection of fraud in the financial sector (‘Ironchip Fraud Detection’). Both are supported by the ‘technological core’ with an advanced access management and identity protection platform based on artificial intelligence for location. This platform allows the configuration of innovative security policies with the aim of avoiding identity theft and unauthorized access to protected services.

In addition, the company develops a desktop service to access internal applications without the need for additional devices. This way, identity can be validated from the computer itself in secure areas. It also makes available to its clients a service to protect logins on Windows, Linux or Mac, so that computers with sensitive information are protected with a double factor associated with a single user, as well as a Multifactor Authentication to validate the identity of users who access the different services protected with Ironchip.

The company's client profile is very broad, but they all share that they have and manipulate digital assets. It works with financial institutions and industries with a large number of users. Outside the financial sector, it has almost entirely entered into the Mondragon Corporation, which brings together some of the most important companies in the Basque Country and to which it provides its services in their entirety. Last year it also began expanding and marketing in the rest of Europe and Latin America, focusing especially on Mexico.

Looking to the future, its objective is to establish itself in the market as the most important reference point for cybersecurity at a local level.