IronScales Raises $6.5 Million in Series A Funding
Dec06

IronScales Raises $6.5 Million in Series A Funding

Tel Aviv-based anti-phishing company IronScales has raised $6.5 million in Series A funding, bringing total equity funding to more than $8 million. IronScales has enjoyed continued double-digit growth over the past three years and has invested heavily in its threat detection, incident response, and threat intelligence sharing technologies. The company has recently been rated as one of the top ten companies to watch by Momentum Partners and is currently expanding its operations and boosting global sales of its anti-phishing solutions. The latest funding round will help to fuel that expansion further. The latest funding round was led by K1 Investment Management LLC, a private equity firm based in Los Angeles. Elron Electronic Industries Ltd., and Rafael Advanced Defense Systems Ltd., also...

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Phishing Has Been the Leading Vector for Cyberattacks in 2017
Oct08

Phishing Has Been the Leading Vector for Cyberattacks in 2017

A recent email security report from anti-phishing vendor IronScales shows that throughout 2017, the leading cyberattack vector is phishing emails, which account for almost 95% of successful cyberattacks. For the report, IronScales surveyed 500 cybersecurity professionals and asked questions about recent cyberattacks, their causes, mitigating those attacks, and cybersecurity defenses deployed to block attacks. Even though many of the organizations represented in this survey had implemented defenses to prevent phishing emails from being delivered, emails were still reaching end users’ inboxes. Emails were found to be bypassing spam filters, firewalls, and gateway solutions. Busy and distracted employees were responding to those emails and installing malware or disclosing their login...

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New Ironscales Report Delves into Current Phishing Trends
May30

New Ironscales Report Delves into Current Phishing Trends

Ironscales, a leading vendor of anti-phishing solutions, has published a new report on the latest phishing trends. The report shows how phishing tactics have changed, the effectiveness of phishing campaigns and how traditional anti-spam technologies are failing to block spear phishing attacks. The report – titled ‘How Modern Email Phishing Attacks Have Organizations on the Hook’ – was the result of a study of 8,500 verified phishing attacks on 100 organizations affecting 500,000 mailboxes. Those organizations were spread across many industry sectors including healthcare, finance, energy and Insurance in North America, Europe, Africa and the Middle East. Phishing emails used to be fairly easy to identify and block; however, the tactics used by cybercriminals today result in more...

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Tsahy Shapsa Joins IronScales’ Board of Directors
Apr18

Tsahy Shapsa Joins IronScales’ Board of Directors

Tsahy Shapsa, a cybersecurity industry veteran, has joined IronScales’ board of directors and has been tasked with developing growth, overseeing company performance and will assist with long term operational and financial planning. Tsahy Shapsa has a long history in the IT industry spanning more than 20 years. Shapsa has previously taken on management roles at Sun Microsystems and NetApp and has also served the Israeli Prime Minister’s office as its security team leader. Shapsa formed CloudLock Inc, in 2007, which was acquired by Cisco in 2016 for $263 million. His extensive experience and breadth of knowledge will be invaluable at IronScales. Shapsa also has hands-on experience of growing start-up businesses into multi-million-dollar enterprises and will help IronScales increase already...

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Ironscales Announces New Partnership with Check Point to Improve Detection and Remediation of Email Security Threats
Mar28

Ironscales Announces New Partnership with Check Point to Improve Detection and Remediation of Email Security Threats

Ironscales has announced it has partnered with Check Point Software Technologies Ltd and will be integrating its innovative IronTraps™ anti-phishing solution with Check Points’ Sand Blast Zero-Day Protection – a threat emulation solution that tests suspicious email attachments in a safe and secure sandbox. At present, Ironscales is the only company to offer an anti-phishing solution that combines human intelligence with machine learning. The company has developed a solution capable of identifying phishing emails and automatically remediating attacks, without any input required from security teams. The IronTraps™ automatic phishing defense solution reduces the time taken to remediate phishing attacks to a matter of seconds. Phishing is now a major network security threat and the risk of...

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Ironscales Wins Best Messaging Security Solution Award
Feb15

Ironscales Wins Best Messaging Security Solution Award

Cyber Defense Magazine has announced the winners of its 2017 Awards, with Ironscales winning an Editor’s Choice Award in the Best Messaging Security Solution category for its automated phishing defense platform IronTraps™. The Cyber Defense Magazine Awards are decided by a panel of independent information security experts, with nominated products assessed on a wide range of criteria over a period on months. The prestigious awards recognize innovative cybersecurity products that are highly effective at blocking cyber threats. Pierluigi Paganini, Editor-in-Chief of Cyber Defense Magazine, said “We’re thrilled to recognize next-generation innovation in the information security marketplace and that’s why Ironscales has earned this award from Cyber Defense Magazine. IronTraps™ is the first,...

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Anti-Spoofing Email Security Tool Launched by IronScales
Feb02

Anti-Spoofing Email Security Tool Launched by IronScales

IronScales, a leading Israeli cybersecurity firm, has launched a new anti-spoofing email security tool that prevents impersonation attacks using company domains and branding. The new anti-spoofing email security tool, called IronShield™, is an Microsoft Outlook plugin that inspects all company emails at the mailbox level and validates the senders of emails. The technology helps businesses block phishing emails, Business Email Compromise scams and CEO fraud by validating the identity and reputation of the senders of emails. The anti-spoofing email security tool conducts a deep analysis of all emails, using machine learning to identify anomalies in behavioral patterns by checking new emails against historical respondents for each individual employee. Any email suspected of not being...

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Ironscales Announces 302% Growth of Annual Revenue
Jan20

Ironscales Announces 302% Growth of Annual Revenue

Israeli cybersecurity firm Ironscales has announced it has recorded an increase in annual revenue of 302% in 2016. Ironscales provides services that help organizations deal with the threat from phishing. Phishing is now the biggest cyberthreat that must be mitigated by organizations. More than 9 out of 10 data breaches occur as a result of employees clicking on phishing emails, with attacks becoming increasingly sophisticated. Ironscales has developed a range of products to help organizations reduce risk and improve resilience against phishing attacks, including the world’s first automated phishing defense solution. The IronTraps™ employee-based intrusion detection system allows employees to report phishing emails with a single click, with the system removing all instances of the email...

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IronScales Announces Annual Revenue Growth of 302 Percent
Jan19

IronScales Announces Annual Revenue Growth of 302 Percent

IronScales has enjoyed a year of record growth, with its annual revenue increasing by 302% in 2016 as more companies take advantage of its innovative anti-phishing solutions. IronScales has developed the first anti-phishing solution that combines human intelligence with machine learning. The company’s suite of products includes IronTraps™ – An intrusion prevention system designed to block phishing, spear phishing and BEC attacks and Federation™ – an intelligence sharing tool that distributes information on the latest phishing threats to all members of its network. The solutions allow organizations to rapidly identify and mitigate phishing attacks before they result in malware infections or a network compromise. Since the solution uses machine learning, once a phishing scam...

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IronScales Adds Automated Server-Side Remediation to its Anti-Phishing Solution
Jan11

IronScales Adds Automated Server-Side Remediation to its Anti-Phishing Solution

IronScales has improved its IronTraps™ phishing mitigation technology allowing security teams to automatically mitigate phishing attacks. Previously, the IronTraps™ solution required manual mitigation of threats. Now, security teams can choose to have confirmed phishing emails automatically removed from email servers and endpoints. Phishing campaigns are often conducted randomly, with the campaigns involving millions of messages. An organization can see hundreds of messages hit employees’ inboxes. All it takes is for one employee to respond to one of those emails for login credentials to be obtained or malware to be installed.  Even spear phishing attacks, conducted on a handful of employees, can see multiple messages delivered. Rather than manually deal with each phishing email,...

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Ironscales Named Finalist at 2017 SC Awards
Dec06

Ironscales Named Finalist at 2017 SC Awards

The Israeli cybersecurity firm Ironscales has been named a finalist in the 2017 SC Awards in the Best Email Security Solution category and will be competing to win top spot in the category at the upcoming annual awards event in February 2017. This is now the 20th year that SC Media has been honoring the top cybersecurity vendors, with the awards highly coveted. The awards program is highly respected within the industry, with only the best of the best winning their respective category. However, the high quality of the competition makes being selected as a finalist a highly prestigious accolade. To be named as a finalist, a company must have outstanding leadership and an exceptional cybersecurity product that has been proven to be highly effective at preventing cyberattacks and mitigating...

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