WATERTOWN, Mass.--(BUSINESS WIRE)--Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced new strategic partner and Cyber Resilience Coalition member, ZeroFOX, the innovator of social media security. Together, Mimecast and ZeroFOX will help organizations protect two critical business platforms from cyber threats: Email and social media. Customers can now build a stronger cyber resilience strategy, bringing together comprehensive email risk management in the cloud and social and digital risk management.
As millions of organizations worldwide rely on email as their primary business platform, the need for strong cyber resilience continues to grow. With this growth, social media has joined email as a core business platform, impacting customers, business operations and employees directly. Identifying this shift in behavior, cyber adversaries have modified their tactics to target organizations via their customers and employees on social media and through email. The combination of the two attack vectors enables unprecedented growth in risk of targeted attacks and network compromise. With email representing the most frequently attacked business platform and social media the most successfully exploited attack vector, a multi-layered defense strategy is now more critical than ever.
“Cybercrime across various digital channels is rampant. Email is the number one entry point for attack, exposing organizations to threats like phishing and ransomware daily. However, monitoring and protecting social media must also be a priority. If left unattended, these networks could quickly become yet another attack vector,” said Peter Bauer, CEO, Mimecast. “Having ZeroFOX as a CRC member not only provides our customers with an important element to their cyber resilience planning, but it also raises awareness for what is currently a dangerous blind spot for many.”
The ZeroFOX Platform continuously monitors across social media for security risks and business threats targeting employees, customers and organizations. Using intelligent data collection with an automated scriptable analysis engine, ZeroFOX automatically identifies and remediates impersonator accounts, phishing attacks, fraud, customer scams and more. The ability to spot a targeted attack as it emerges across social media with ZeroFOX, together with Mimecast’s cloud email security platform, provides comprehensive coverage from advanced attacks.
“Social media has rapidly become the top business platform for driving revenue and customer engagement. However, this success is quickly breeding new focus for cybercriminals. According to research from ZeroFOX, more than 99% of advanced targeted attacks stem from email or social media – they are the two threat vectors that matter,” said James Foster, CEO, ZeroFOX. “Mimecast’s innovative cloud approach clearly represents the future of email risk management - our new strategic partnership and the combined vision of the two organizations presents both a compelling value and a resilient approach for digital businesses of all sizes.”
Mimecast (NASDAQ: MIME) makes business email and data safer for 19,900 customers and millions of employees worldwide. Founded in 2003, the company's next-generation cloud-based security, archiving and continuity services protect email and deliver comprehensive email risk management.
ZeroFOX, the innovator of social media security & digital risk monitoring, protects modern organizations from the dynamic risks of social media and digital channels. Recognized as a Leader in Digital Risk Monitoring by Forrester, ZeroFOX’s cloud-based, SaaS platform processes millions of posts and accounts daily across the social landscape, spanning Facebook, LinkedIn, Twitter, Instagram, Google+, YouTube and more. Using targeted data collection, intelligent analysis and automated remediation, ZeroFOX protects businesses and government agencies around the world against phishing attacks, information loss, account compromise, fraud, compliance violations, and financial loss.
Led by a team of information security and high-growth start-up veterans, ZeroFOX has raised over $40M in funding from NEA, Highland Capital and others, and has collected top industry awards such as the SINET16 Champion, DarkReading’s Top Security Startups to Watch, Tech Council of Maryland’s Technology Company of the Year, and the Security Tech Trailblazer of the Year.