According to the FBI Internet Crime Complaint Centre’s 2019 Internet Crime Report, phishing was the top crime reported by victims in 2019 with U.S. based fraud losses in excess of $3.5 billion. Other forms of social engineering that use phishing emails as an entry include Business Email Compromise (BEC), which has cost the global economy $26 Billion in reported losses.
As such, the new partnership announced today between KnowBe4 and Agari could not have come at a better time. Together, they will be creating a top-rated approach to defend against phishing attacks at scale. As a result of this new partnership, information security leaders now have access to the best phishing training content combined with the best science-based phishing defence capabilities the market has to offer. In addition, data integration between the two capabilities will enable superior detection and decision-making on suspected phish reaching the enterprise. The pairing of the two capabilities fulfills an essential layered phishing defence strategy that provides the most effective controls for the modern enterprise.
“This is a mutually beneficial relationship for KnowBe4 and Agari because we both have market-leading offerings,” said Rob Henley, director of corporate development, KnowBe4. “Our partnership will drive better, more realistic phishing simulations as well as stronger training exercises. By integrating our offerings, customers of both Agari and KnowBe4 will have access to data that more accurately paints the picture of the phishing landscape to help them better combat social engineering threats.”
“Agari and KnowBe4 have complementary strengths that are widely considered by the marketplace as best-in-class for phishing defence and simulation and training, respectively,” said Doug Jones, chief strategy officer for Agari. “As a result of this partnership, KnowBe4’s simulation and training platform can better utilize responses to real-world phishing attacks from Agari. And phishing defence solutions by Agari are enhanced with employee-reported behaviour toward suspected phishing email. Together, shared customers benefit by experiencing a reduction in business disruptions and human error caused by phishing attacks.”