Cofense has announced a new partnership with the security monitoring and interactive home and business automation solution provider ADT. Boca Raton, FL-based ADT is a leading provider of automation and security solutions to enterprises and medium-sized businesses throughout the United States and Canada. The firm helps businesses to detect and respond to cyberthreats in real-time, speeding up the mitigation of attacks to minimize impact on the business.
ADT’s cybersecurity platform helps businesses organize, manage, and collect cyber intelligence and automate security analyst workflows. The platform allows businesses to greatly reduce the time between a cyberattack and detecting and managing the security breach.
While ADT cybersecurity services allow businesses to respond quickly to a wide range of cyberattacks, the partnership with Cofense will improve the firm’s ability to detect and respond to phishing threats – the number one cyber threat now faced by businesses. ADT’s managed service and detection offerings will be augmented with Cofense Triage – the first phishing-specific incident response platform to come to market.
The faster a cyberattack is detected, the easier it is to minimize the harm caused. The Ponemon Institute reports that data breaches now cost businesses an average of $3.62 million to resolve and fast detection can greatly reduce the cost. However, many businesses struggle to detect cyberattacks and data breaches promptly. The median time from attack to discovery is 80 days, during which time significant damage can be caused.
With more than 90% of cyberattacks starting with a phishing email, fast detection of phishing attacks is essential. Cofense Triage provides businesses with the detailed information they need to address email threats rapidly, allowing them to focus on dealing with the most serious threats efficiently without wasting valuable time on false positives. The platform automates prioritization, analysis, and response to threats and gives businesses visibility and analytics to speed up the processing of employee-reported phishing threats.
“The combination of Cofense’s Triage technology and ADT’s managed services skillset brings to market a unique solution focused on thwarting phishing attacks before they cause damage, by moving the detection of such attacks up the kill chain,” said Cofense CEO and Co-founder, Royht Belani.