IOActive knows that it takes vigilance to protect the information that goes into and out of a business. The company provides IT services related to network and data security for commercial and government clients. It specializes in consulting, training, and security auditing. IOActive also provides managed security services to protect company networks. In 2012 it bought semiconductor security assessment company Flylogic Engineering, giving IOActive the ability to inspect chips at the silicon level. Clients come from such industries as financial services, health care, manufacturing, and distribution. The company was founded in 1998 by CEO Joshua Pennell.