Mimecast Limited, the email and data security company, has announced new strategic partner and Cyber Resilience Coalition member, ZeroFOX, the developer of social media security solutions. Together, Mimecast and ZeroFOX will help organizations protect two critical business platforms from cyber threats: Email and social media. Customers can now build a stronger cyber resilience strategy, bringing together comprehensive email risk management in the cloud and social and digital risk management.
Considered the most widely used communication platform – millions of organisations worldwide rely on email as their primary business platform – and, as digital business is the norm for organisations, the need for strong cyber resilience continues to grow. With this growth, social media has joined email as a core business platform, impacting customers, business operations and employees directly. Identifying this trend and the subsequent lack of security around social media and email since traditional security measures are becoming less effective.
With the proliferation of cyber adversaries who have modified their tactics to target organizations via their customers and employees on social media and email, the risks continue to increase. The combination of the two attack vectors enables unprecedented growth in risk of targeted attacks and network compromise. With email representing the most frequently attacked business platform and social media the most successfully exploited attack vector, a multi-layered defense strategy is now more critical than ever.
"Social media has rapidly become the top business platform for driving revenue and customer engagement. However, this success is quickly breeding new focus for cybercriminals. According to research from ZeroFOX, more than 99% of advanced targeted attacks stem from email or social media – they are the two threat vectors that matter," said James Foster, CEO, ZeroFOX. "Mimecast's innovative cloud approach clearly represents the future of email risk management - our new strategic partnership and the combined vision of the two organisations presents both a compelling value and a resilient approach for digital businesses of all sizes."
The ZeroFOX Platform continuously monitors across social media for security risks and business threats targeting employees, customers and organisations. Using intelligent data collection with an automated scriptable analysis engine, ZeroFOX automatically identifies and remediates impersonator accounts, phishing attacks, fraud, customer scams and more. The ability to spot a targeted attack as it emerges across social media with ZeroFOX, together with Mimecast's cloud email security platform, provides comprehensive coverage from advanced attacks.
"Cybercrime across various digital channels is rampant. Email is the number one entry point for attack, exposing organisations to threats like phishing and ransomware daily. However, monitoring and protecting social media must also be a priority. If left unattended, these networks could quickly become yet another attack vector," said Peter Bauer, CEO, Mimecast. "Having ZeroFOX as a CRC member not only provides our customers with an important element to their cyber resilience planning, but it also raises awareness for what is currently a dangerous blind spot for many."