PhishMe® Inc., the leading provider of phishing threat management solutions, announced today that it has acquired key assets of phishing intelligence firm – Malcovery Security LLC, for an undisclosed sum.
“This acquisition rounds out our portfolio of targeted phishing mitigation, detection, and response solutions, making us the go-to solution in the market,” said Rohyt Belani, CEO and co-founder of PhishMe.
Aaron Higbee, PhishMe’s CTO and co-founder, commented, “Enterprises want to know if they are being singled out by the attackers or are a part of a larger phishing campaign. Malcovery’s intelligence will help answer that. The integration of Malcovery’s offerings into PhishMe’s comprehensive anti-phishing platform will boost the accuracy and value of the intelligence and response capabilities for our customers.”
PhishMe will incorporate Malcovery’s Protect Your Network and Protect Your Brand offerings into its full lifecycle of anti-phishing products – Simulator, Reporter and Triage – empowering its customers with a cohesive solution to address the most significant attack vector today. The company will leverage the added layer of malware analysis and threat intelligence in everything from sourcing content for simulations, to augmenting PhishMe Triage with enhanced analytics and automated response to phishing incidents.
“The combination of Malcovery’s in-depth external threat analysis and PhishMe’s real-time view into phishing attacks reported internally results in the highest-fidelity, actionable intelligence currently available,” said Gary Warner, Chief Technologist and co-founder of Malcovery Security. “We are thrilled to combine forces with PhishMe in this fight against cybercriminals and nation-state actors.”
The acquisition news comes in the midst of PhishMe’s hyper-growth period, as evidenced by its recent designation on the prestigious 2015 Inc. 5000 list of fastest growing private companies for its record growth of 892 percent over the past three years. Malcovery’s expert team will add to PhishMe’s already growing staff, bringing the combined employee headcount to 200.
To learn more about PhishMe’s human-powered, anti-phishing offerings, visit http://phishme.com/
