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Black Panda

Overview

Blackpanda is Asia’s leading incident response SaaS platform, specializing in cyber emergency response, continuous vulnerability assessments, and integrated cyber insurance. The company’s flagship product, IR-1, is designed to provide Managed Service Providers (MSPs) and distributors with a comprehensive, cost-effective solution for cyber resilience. Blackpanda’s mission is to democratize access to top-tier incident response and cyber insurance, offering premium defense at a fraction of traditional costs—less than 10% of standard incident response pricing. The company positions itself as an indispensable ally for businesses facing cyber threats, focusing on rapid response, proactive readiness, and streamlined recovery, all delivered through a single cloud-based platform.

Leadership

Blackpanda was founded by experienced professionals with backgrounds in cybersecurity, military special operations, and risk management. The founding team includes:

  • Gene Yu – Founder and CEO
    Gene Yu is a former U.S. Army Special Forces officer (Green Beret) with extensive experience in counterterrorism and cybersecurity. He has held leadership roles in both the public and private sectors, bringing a unique blend of tactical, technical, and business acumen to the company.
  • Other Founders and Key Executives
    Additional members of the leadership team have backgrounds in digital forensics, incident response, and insurance underwriting, contributing to Blackpanda’s multidisciplinary approach. Their expertise spans law enforcement, military, and leading global cybersecurity firms.

Core Technologies

Blackpanda’s core technologies are centered around its IR-1 SaaS platform, which integrates:

  • Fixed-Cost Incident Response
    24/7 cyber emergency response with a fixed annual subscription, including one comprehensive incident response credit—eliminating variable hourly billing during crises.
  • Continuous Vulnerability Scanning
    Weekly attack surface management (ASM) scans identify over 80,000 potential vulnerabilities, complemented by Dark Web monitoring and actionable security dashboards.
  • Automated Cyber Insurance Access
    Seamless, platform-integrated access to up to USD 5 million in cyber insurance coverage, underwritten by Blackpanda and backed by Lloyd’s of London. Insurance pricing is optimized based on vulnerability scan results and incident response readiness.
  • Cloud-Native, Agentless Architecture
    All services operate in the cloud without requiring installation of agents or plugins, ensuring rapid deployment and ease of use.
  • Consulting and Readiness Services
    Customizable add-ons such as incident response playbooks, tabletop exercises, compromise assessments, and purple teaming are available through the IR-X package.

Key Capabilities

  • 24/7 emergency cyber incident response with guaranteed initial contact within four hours.
  • Attack surface management and continuous vulnerability scanning for proactive defense.
  • Dark Web monitoring for early detection of compromised credentials or botnet activity.
  • Automated, integrated cyber insurance with streamlined quoting and claims support.
  • Legal, compliance, crisis, and reputation management services post-incident.
  • Flexible consulting packages for incident response preparation and security posture enhancement.
  • Scalable solutions designed for MSPs and distributors, suitable for organizations of all sizes.

Investors

Blackpanda is a privately held company. Publicly available information indicates it has attracted investment from prominent venture capital firms and strategic investors in the cybersecurity and insurtech sectors. Specific investors, funding amounts, and valuation details are not disclosed on the company’s website or in the provided sources. However, Blackpanda’s growth and industry recognition, such as winning the “Cybersecurity Insurtech Platform of the Year” at the Insurance Asia Awards 2023, underscore strong market confidence.

Notable Clients

Blackpanda serves a wide range of clients across Asia, particularly MSPs, distributors, and enterprises seeking robust cyber resilience solutions. While specific client names are not listed on the website, the company highlights its role as a trusted partner for regional businesses and its recognition by industry awards, indicating a solid client base in finance, insurance, and critical infrastructure sectors.

Competitors

Company NameDescription
SecureworksGlobal cybersecurity company offering managed detection and response, threat intelligence, and incident response.
CrowdStrikeLeading provider of cloud-delivered endpoint protection and incident response services.
FireEye (now Trellix)Renowned for incident response, threat intelligence, and managed security services.
KrollSpecializes in digital forensics, incident response, and cyber risk advisory.
Mandiant (a Google company)Industry leader in incident response and threat intelligence.
Group-IBProvides incident response, cyber investigations, and threat intelligence, with a strong presence in Asia.
IBM SecurityOffers comprehensive incident response and managed security services for enterprises.

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