Mimecast Acquires Segasec
The acquisition of Segasec builds on Mimecast’s Email Security 3.0 approach, which helps customers protect their organizations across three key zones: Zone 1, to defend against security threats trying to penetrate the organizational perimeter; Zone 2, for vulnerabilities and threats that exist inside the perimeter; and Zone 3, for attacks taking place outside the perimeter in the larger cybersphere. Segasec’s integrated solution is designed to enhance Mimecast’s Zone 3 protection platform by providing a comprehensive approach to digital risk protection while also enriching its core perimeter defense systems for Zone 1 with intelligence gained from analysis of threats in the wild.
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
Segasec’s technology is designed to monitor domains on the internet for suspected malicious activity and continuously surfaces the riskiest ones. By using machine learning and running targeted scans that identify even unknown attack patterns, the solution can help uncover both live attacks and detect upcoming ones at the earliest possible stages, often allowing customers to prevent them all together. Segasec also offers rapid takedown capabilities for active attacks and technology that can limit the use of stolen data.
“In today’s increasingly digital economy, we rely so heavily on websites and email to interact with businesses in both our professional and personal lives,” said
The Mimecast Segasec solution is designed to enable organizations to:
- Protect employees, customers, partners and 3rd party vendors from phishing scams attempting to trick them by abusing domains that are similar to their legitimate branding;
- Identify and protect against attacks where cybercriminals have cloned a website for malicious activities against stakeholders;
- Block and take down both suspicious sites and active scams.
Safe Harbor for Forward-Looking Statements
Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, the statements relating to the complementary nature and effectiveness of Segasec’s solutions, the ability to integrate Segasec’s technology into Mimecast’s solutions, the future financial impact of the acquisition, expenses associated with the transaction and future projected revenue from Segasec’s solution offering, and the overall impact of the acquisition of Segasec on Mimecast’s business and operations, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “predicts,” “plan,” “expects,” “anticipates,” “believes,” “goal,” “target,” “estimate,” “potential,” “may,” “might,” “could,” “see,” “seek,” “forecast,” and similar words.
Source: Mimecast Limited