Email security firm Mimecast has acquired Segasec, a provider of digital threat protection. The financial details of the agreement were not disclosed.
This acquisition allows Mimecast customers to better defend against attacks that leverage fake websites and domains for credential harvesting of their customers, employees, partners, and 3rd party vendors within their supply chains.
Hackers are using sophisticated techniques to target organizations of all sizes and in all industries by using their brands as bait to launch attacks.
With the acquisition of Segasec, Mimecast can provide brand exploit protection using machine learning to identify potential hackers at the earliest stages of an attack. The solution also is engineered to provide a way to actively monitor, manage, block and take down phishing scams or impersonation attempts on the web.
Integration of Segasec with Mimecast’s email and web security services is engineered to further strengthen Mimecast’s customers’ cyber resilience by enabling them to block any potentially malicious domains quickly. The integrated solution platform is built to allow organizations to implement a comprehensive cybersecurity strategy capable of dealing with modern-day threats surrounding, inside, and beyond the perimeter.
“Every brand is vulnerable to attacks that abuse and threaten the trust that employees, customers, partners and 3rd party vendors have placed in them,” said Peter Bauer, chief executive officer at Mimecast.
“Segasec will allow our customers to take a proactive approach to identifying — and even potentially preventing — attacks that imitate their brands using domains they don’t own, while also offering the visibility required to understand how their brands are being misused for malicious intent.”
“The powerful combination of Mimecast and Segasec will help customers better protect their brands, customers and other external stakeholders, as well as their own employees,” said Elad Schulman, chief executive officer and co-founder of Segasec