Virsec Systems Inc

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At Virsec, we know a protection-first cybersecurity model is possible. By making server workloads self-protecting, we offer continuous protection, stopping known and unknown attacks—including zero days. With our revolutionary, patented technology, we secure software from the inside at runtime, precisely mapping what the app can do and stopping malicious code before it can run. Battle-tested against 200+ of the top government red-teamers and trusted by several Fortune100 companies, Virsec has repeatedly proven a protection-first model works. Virsec is headquartered in San Jose, California, with offices worldwide. Mission: We deliver next-level protection by securing server workloads at runtime, ensuring organizations continue running. Protection-first is possible. Our industry has every right to be skeptical of a protection-first model, but we’re here to say that with the right technology, a single solution can stop several classes of threats.

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3.2

Overall Excellence Rating

Industry

Cybersecurity

Category

Enterprise Software & Network Solutions

ESG/Ethical Impact

As part of this report, the second audit of the GHG emissions of the Group was conducted in accordance with the requirements of ISO 14064-1:2018 and in accordance with the GHG Protocol Corporate Accounting and Reporting Standard. The GHG emissions audit was performed by calculating and analysing both direct and indirect carbon emissions at all three levels (Scope 1, Scope 2, Scope 3) for the year 2021 as the reference period. As in the world, the transport sector in Latvia is one of the biggest generators of GHG emissions. If a gradual transition to electric cars has begun in the light transport category, heavy freight transport, as the largest producer of GHG emissions in the transport sector, is still a big challenge for which there is no clear solution. In search of ways to reduce the amount of harmful emissions in the operations of the Group, a pilot project was carried out in 2021, within the framework of which one of the fuel trucks with a diesel engine used in logistics was rebuilt into a diesel/CNG hybrid. In daily operation, this means that this car runs on CNG, but when the CNG tank is empty, the car switches to diesel. Also, in 2021, a new CNG-powered truck was purchased for fuel transportation, as well as one light truck for technical service needs. Currently, within the Group, CNG- powered cars are actively used in all segments – heavy, light truck and light transport. An important indicator showing the observance of gender equality is the median ratio of the total remuneration of women and men in a company. At the top management level, the average salary of women is 1.05 times higher than that of men. On the other hand, the average salary received by men working in the administration of the Group companies is 1.18 times higher than the salary of women. The difference between the average salary of women and men is due to the variety of positions held by employees in the companies of the Group. The ratio of salaries of men and women working in the network of gas stations is 1:1, that is, the salary of employees occupying the same level of position does not differ by gender. The institutional system of the management of the Group consists of shareholders, the Council, the Board. Shareholders are the owners of the Group, whose competence is to make decisions related to the most important issues of the Group’s operation and existence. The Council is the supervisory body of the Group, which represents the interests of the shareholders and supervises the activities of the Board. The executive body of the Group is the Board, which manages the daily commercial activities of the Group. The articles of association of the Group determine a number of issues, for the decision of which the Board must receive the consent of the Council, thus ensuring that the Council is also involved in the decision-making on the most important issues as a supervisory and advisory body.

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Awards Received

2023

Revenues

$42,000,000.00

Website Traffic

Employee Rating

4

Customer Rating

4.8

Company Size

100-1000

ESG Risk Rating

3

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