Industry-First Impersonation Protect from Mimecast Combats New Spike in Multi-Billion Dollar Whaling Threat
(Thomson Reuters ONE) -
Story highlights:
* General availability of Mimecast Impersonation Protect - the first cloud
service that directly combats the cybersecurity threat from whaling or CEO
fraud
* Impersonation Protect defends on-premises, hybrid and pure cloud email
deployments including Microsoft® Office 365(TM)
* Mimecast Targeted Threat Protection customers get Impersonation Protect for
free
* New research by Mimecast shows whaling threat continues to grow with 67% of
firms seeing an increase in attacks designed to extort money in the last
three months
WATERTOWN, Mass., April 05, 2016 (GLOBE NEWSWIRE) -- Mimecast
Limited (NASDAQ:MIME), a leading email and data security company, announced
general availability of Impersonation Protect, the first cloud service that
directly combats the growing cybersecurity threat from whaling or CEO fraud.
Mimecast's new Impersonation Protect uses advanced scanning techniques to
prevent attacks by monitoring all email traffic for elements commonly used by
criminals, including employee and domain names, and other keywords like 'wire
transfer,' 'tax form' or 'urgent.' IT administrators and security organizations
can now block suspicious emails or choose to display additional security
warnings for employee awareness.
Cybercriminals are commonly using email as an entry point to steal confidential
data and dupe employees into making fraudulent payments costing the global
economy billions of dollars annually.
New Mimecast research shows the threat continues to grow. Since January
2016, 67% of respondents* had seen an increase in attacks designed to instigate
fraudulent payments and 43% saw an increase in attacks specifically asking for
confidential data like HR records or tax information.
"Email remains a highly popular attack vector for cybercriminals, for good
reason: it is one of the most direct paths to entry into the enterprise, and it
relies heavily (and all too often, successfully) on human behavior to assure
initial penetration. This means that attackers will continue to prioritize email
- and defenses must level up accordingly," commented Information Security
Research Director, Scott Crawford, 451 Research. "Whaling, for example - the
targeting of executives and highly placed individuals in an organization - is
becoming a more frequent variant of spear-phishing, and is a tactic
cybercriminals are using with great success. These and similar CEO-fraud attacks
would benefit from a security approach tailored to the changing threat
landscape, such as in-context user awareness training where users receive not
only warnings and guidance about the threat of clicking on phishing links or
opening up malware-laden attachments, but also indicators of fraudulent emails
masked as executive communications."
Peter Bauer, Mimecast chief executive officer, commented: "Over 90 percent of
cyberattacks begin with email, and social engineering-led email attacks are
growing rapidly. Whaling is a particularly insidious attack and has proven
lucrative by successfully targeting specific teams and individuals that
attackers have researched via social media. It catches out even the most
cautious people. Protecting employees requires updated technology that goes
beyond traditional email security. Without the right protection, organizations
are losing millions of dollars and exposing data to fraudsters."
Impersonation Protect, the newest addition to Mimecast Targeted Threat
Protection, gives customers of all sizes the comprehensive protection they need
against whaling and other damaging forms of spear-phishing, such as weaponized
attachments, ransomware and malicious links.
*Mimecast conducted a survey of 436 IT experts at organizations in the US, UK,
South Africa and Australia in March 2016. Respondents assessed the growth in a
range of email attacks seen over the last three months.
For more information, or to request a demo of Impersonation Protect, visit here.
About Mimecast
Mimecast (NASDAQ:MIME) makes business email and data safer for 16,200 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.
Mimecast Social Media Resources
LinkedIn: Mimecast
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Twitter: (at)mimecast
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Mimecast and the Mimecast logo are registered trademarks. All other company and
product names may be trademarks or service marks of their respective owners.
U.S. Press Contact
Stephanie Jackman
March Communications
+1 617 960 9875
mimecast(at)marchcomms.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Mimecast Limited via GlobeNewswire
[HUG#2000435]
Datum: 05.04.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 461846
Anzahl Zeichen: 5724
contact information:
Town:
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Kategorie:
Business News
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"Industry-First Impersonation Protect from Mimecast Combats New Spike in Multi-Billion Dollar Whaling Threat"
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