Tessian, the UK technology start-up transforming the way enterprises secure their communication channels, announced today that wealth services firm JTC has adopted the Tessian platform to reduce risks around email use. Recently listed on the London Stock Exchange, JTC has an ever increasing requirement to prevent data loss and has found a trusted and innovative technology partner in Tessian.
The primary risk for JTC’s IT team was sensitive information being inadvertently sent to the wrong recipient or to unauthorized accounts. After looking around the market, JTC dismissed legacy rule-based solutions, and opted for Tessian’s alternative approach. Tessian uses machine intelligence to understand normal email communication patterns in order to automatically identify email security threats, without the need for end user behaviour change or pre-defined rules and policies.
“Tessian stands head and shoulders above other providers, it requires no admin and creates zero disruption for employees. The technology directly helps our business in solving critical problems and we were very impressed with this,” exclaims Adam Jeffries, JTC Chief Information Officer. “We recognised that misaddressed emails were a large risk and went to market to find the best solution. We implemented Tessian before GDPR and hence prevented breaches from occurring. Tessian absolutely solves this problem for us.”
JTC initially focused on outbound threats like misaddressed and unauthorized emails, and thus selected Tessian Guardian, Enforcer and Constructor modules. When Tessian launched Defender to prevent against Strong-Form Impersonation attacks, JTC pre-registered for the solution.
“Enterprises must contend with a vast array of scenarios where email can be used or abused to cause severely damaging yet avoidable incidents for the business,” says Tim Sadler, CEO and co-founder at Tessian. “This is especially true for JTC and other firms that are dealing with highly sensitive financial information. Machine intelligence can give organisations a way to learn normal sending patterns and automatically step in to check or prevent something that appears out of character or breaks policy. This mitigates any interruption to innocuous email use, meaning employees and IT teams won’t have to deal with needless, time-consuming administration.”
JTC is just the latest organisation to adopt Tessian’s innovative email security solutions at a time of rapid growth for the company. In June 2018 Tessian announced that it raised $13 million (£9 million) in a Series A funding round, while recording an increase in annual recurring revenue of over 400 per cent in the last year.
JTC is a publicly listed, award-winning provider of fund, corporate and private wealth services to institutional and private clients. Founded in 1987, it has c.600 people working across a global office network and is trusted to administer assets of c.US$85 billion.
Tessian is a machine intelligent email security platform to automatically prevent security threats including spear phishing, misaddressed emails, data loss and non-compliance. Tessian uses machine learning to understand normal email communication patterns in order to automatically identify email security threats in real time, without the need for end user behaviour change or pre-defined rules and policies.