Most Successful Phishing Scams Revealed by PhishMe
Dec02

Most Successful Phishing Scams Revealed by PhishMe

What are the most successful phishing scams? Warnings about undelivered parcels? Security alerts that require users’ immediate attention? Documents that has been shared by contacts? According to a recent analysis by anti-phishing solution provider PhishMe, the most successful phishing scams, which have almost a 20% success rate, involve the use of entertainment-based triggers to get users to take the desired action. For its analysis, the PhishMe team analyzed the results of more than 52 million phishing simulation exercises conducted using PhishMe Simulator – The company’s phishing simulation platform. The platform allows organizations to conduct simulated phishing campaigns to test the effectiveness of their security awareness training programs, to give employees practice at identifying...

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PhishMe and Wombat Security Technologies Settle Patent Dispute
Dec01

PhishMe and Wombat Security Technologies Settle Patent Dispute

The long running legal dispute between PhishMe and Wombat Security Technologies over alleged patent infringements has now been resolved. PhishMe had filed multiple complaints against Wombat Security Technologies over alleged patent infringements due to the similarities between the latter’s technology and those developed and protected by patents held by PhishMe. Litigation was taking place in the United States District Court for the District of Delaware and proceedings were pending at the United States Patent and Trademark Office. PhishMe is a major innovator in the field of phishing threat management, and in 2016, held more than a dozen patents for its proprietary anti-phishing technology. Those patents cover PhishMe Reporter, benchmarking results, sequential phishing messages, and...

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Phishing is the Biggest Security Threat in Australia
Nov22

Phishing is the Biggest Security Threat in Australia

The biggest security threat in Australia for businesses is phishing, according to a recent survey of IT professionals by anti-phishing solution provider PhishMe. The survey was conducted on IT professionals from a wide range of industry sectors including healthcare, finance, retail, manufacturing, high-tech, services, transportation, telecoms, and consumer services. The survey revealed that 89% of IT professionals that took part in the survey have had to deal with security incidents related to deceptive emails, and more than 60% of respondents have had to deal with more than one phishing-related security incident. The extent that businesses are being plagued by phishing emails was clear. More than one third of respondents said their company has to deal with more than 500 phishing emails...

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PhishMe Included in 2017 Deloitte Technology Fast 500 List
Nov12

PhishMe Included in 2017 Deloitte Technology Fast 500 List

The 2017 Deloitte’s Technology Fast 500 has been published – a list of the top 500 fastest growing companies in the United States in the media, tech, telecoms, energy tech, and life sciences industries. For the third consecutive year, anti-phishing solution provider PhishMe has been included in the Deloitte Technology Fast 500 list. This year, in the overall rankings, PhishMe was ranked 200, and achieved position 114 in the software category. In order to be included in the Deloitte Technology Fast 500 list, companies must have base-year operating revenues in excess of $50,000, current operating year revenues in excess of $5 million, and must own proprietary technology or intellectual property that is sold to customers in products that contribute to a majority of the company’s operating...

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PhishMe Recognized as Leader by Gartner: Added to Magic Quadrant for Security Awareness CBT
Oct31

PhishMe Recognized as Leader by Gartner: Added to Magic Quadrant for Security Awareness CBT

For the second consecutive year, PhishMe has been included in the Leader’s Magic Quadrant for Security Awareness CBT by Gartner, recognizing the commitment and capabilities of the company and the excellence of its anti-phishing solution and security awareness training program. 12 vendors were assessed for the 2017 Magic Quadrant for Security Awareness CBT for the ability to execute and for completeness of vision. PhishMe was ranked highest for ability to execute out of the 12 companies assessed for the October 2017 Magic Quadrant for Security Awareness CBT.   Image Source: Gartner’s Security Awareness CBT Magic Quadrant. October 2017. PhishMe’s research has shown that more than 90% of data breaches occur as a result of employees falling for phishing emails, highlighting the...

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PhishMe Ranked 11 in Washington Business Journal List of 50 Fastest Growing Companies
Oct30

PhishMe Ranked 11 in Washington Business Journal List of 50 Fastest Growing Companies

For the second consecutive year, PhishMe has been included in the Washington Business Journal list of the 50 Fastest Growing Companies in the United States, improving its rating from #21 last year to #11 in 2017. The Washington Business Journal list of the 50 Fastest Growing Companies was announced on October 19 in McLean, VA. To compile the list, WBJ assessed average percentage revenue growth over the past three years. To be considered for inclusion in the list, companies must have been generating more than $2 million in annual revenue in 2014, and annual revenues must have increased to at least $10 million in 2016. Companies must also have experienced continued year on year growth. In addition to an impressive rise in the rankings, PhishMe was also one of the top five companies for...

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Three Quarters of UK Businesses Have Experienced Email Security Incidents
Sep15

Three Quarters of UK Businesses Have Experienced Email Security Incidents

Phishing is the number one cybersecurity threat in the UK, and UK businesses are increasingly coming under attack. A new report from the leading provider of security awareness computer-based training, PhishMe, shows just how serious the threat from phishing has become. 75% of UK businesses have had to deal with an email-based security incident, while almost a quarter are having to deal with more than 500 phishing emails a week. Even though the threat from phishing is greater than ever, and despite increased investment in security defenses, 48% of surveyed UK businesses felt their response strategies to phishing emails were between ineffective and somewhat effective. One of the biggest problems in the UK is the lack of integration of phishing defenses into other security solutions – a...

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90% of IT Professionals Most Concerned About Phishing, Spear Phishing and Whaling
Sep07

90% of IT Professionals Most Concerned About Phishing, Spear Phishing and Whaling

Phishing, spear phishing, and whaling attacks are the leading cause of concern for IT professionals in the United States, according to the latest Phishing Response Trends Survey from the leading provider of human phishing defense solutions, PhishMe. The survey was conducted on two hundred IT executives in the United States, and came from a wide range of industry sectors, including business, healthcare, the financial services, retail, transportation, telecoms, manufacturing, and consumer services. IT professionals were asked questions about the defenses their organization has in place to mitigate phishing attacks, the biggest concerns about cybersecurity, and how they rated their cybersecurity defenses. The US Phishing Response Trends Report shows that email-based attacks – phishing,...

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Free Phishing Simulator for Small Businesses Launched by PhishMe
Aug12

Free Phishing Simulator for Small Businesses Launched by PhishMe

A free phishing simulator for small businesses has been developed and released by the leading provider of human phishing defense solutions, PhishMe. The phishing simulator allows small businesses – companies with under 500 employees – to develop and run dummy phishing email campaigns to test the effectiveness of their security awareness training programs. Research by PhishMe shows that phishing email simulations are invaluable for improving security awareness, identifying employees that require further training, and for improving resilience against phishing attacks. With practice at dealing with phishing emails in a safe environment, employees learn the tell-tale signs of phishing emails and can be trained how to respond when a real phishing email arrives in their inbox. When an employee...

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PhishMe CEO Royht Belani Receives EY Entrepreneur of the Year Award
Jun20

PhishMe CEO Royht Belani Receives EY Entrepreneur of the Year Award

The winners of the 2017 EY Entrepreneur of the Year Awards for the Mid-Atlantic region have been announced, with PhishMe CEO and co-founder Royht Belani named as 2017 CEO of the Year for the Mid-Atlantic region in the security category. Each year, EY recognizes entrepreneurs that have gone the extra mile and have shown exceptional personal commitment to their business and communities and been inspirational leaders. EY first started the award program in 1986, with the awards now in their 31st year. Previous award winners include Pierre Omidyar of eBay, Inc., James Park of Fitbit, Reid Hoffman and Jeff Weiner of LinkedIn, and Howard Schultz of Starbucks Coffee Company. Winners of the prestigious awards have ensured their companies have been highly innovative, with the CEO’s drive and...

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PhishMe Files Another Intellectual Property Enforcement Action Against Wombat Security Technologies
Jun17

PhishMe Files Another Intellectual Property Enforcement Action Against Wombat Security Technologies

PhishMe has announced it has filed another property enforcement action against competitor Wombat Security Technologies for alleged patent infringements. PhishMe is the leading provider of human-phishing defense solutions and has developed proprietary technology for its intelligence driven platform which is protected by numerous patents. PhishMe now has more than a dozen patients, with the latest action involving the two most recent additions to its portfolio of patents. PhishMe alleges Wombat Security Technologies has developed its ThreatSim, PhishAlarm Analyzer and PhishAlarm solutions using PhishMe’s patented technology. The action was filed in the United States District Court for the District of Delaware. Specifically, Wombat Security Technologies is alleged to have infringed U.S....

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PhishMe Lands Prestigious 2017 SC Europe Award for its Anti-Phishing Solutions
Jun14

PhishMe Lands Prestigious 2017 SC Europe Award for its Anti-Phishing Solutions

Each year, SC Media hosts a prestigious awards ceremony where the best companies and information security products are recognized and celebrated. The SC Awards are widely regarded as some of the most prestigious awards for companies in the field of information security. Each company and product is scrutinized by two panels of judges which score the companies and products on a wide range of criteria. To be selected as a finalist in one of the 29 categories shows a company can truly claim to be one of the best of the best. Being named as a category winner is a tremendous honor. The awards are highly coveted and clearly show companies have gone the extra mile and developed a truly outstanding product. This year, the human phishing defense solution provider PhishMe was nominated as a...

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PhishMe Offers Assistance with GDPR Compliance
Jun10

PhishMe Offers Assistance with GDPR Compliance

The General Data Protection Regulation (GDPR) will be written into EU law next year, although companies need to start their GDPR compliance programs now if they are to ensure they are fully compliant before the May 25, 2018 deadline. Any company that is discovered not to be in compliance with the new regulation after that date faces a stiff financial penalty. The maximum fine for non-compliance with GDPR is $20 million Euros or 4% of the company’s global annual turnover, whichever is the greater. GDPR compliance is not optional. Any company doing business in any of the 28 EU member states is required to comply with the new regulation. The main aim of GDPR is to strengthen data protection rights of individuals and facilitate the free flow of personal data in the digital single market....

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PhishMe Releases Q1 2017 Malware Trends Analysis Report
Jun07

PhishMe Releases Q1 2017 Malware Trends Analysis Report

PhishMe has released its Malware Trends Analysis Report for Q1 2017. The Malware Trends Analysis Report shows there has been a reduction in ransomware activity in the first three months of 2017. While this is certainly good news, PhishMe believes it is just the quiet before the storm. PhishMe suspects threat actors are planning further WannaCry-style attacks, which the firm refers to as ‘the atom bomb of ransomware’. Ransomware attacks can be highly lucrative for cybercriminals so it is extremely unlikely that the use of the encrypting malware will reduce this year. In fact, ransomware attacks have been predicted to increase. Regionalized, international malware delivery increased in Q1, with many of the most prevalent malware strains delivered to end users via phishing emails. PhishMe...

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London Phishing Defense Centre Opened by PhishMe
Jun02

London Phishing Defense Centre Opened by PhishMe

PhishMe has announced it has opened a new London Phishing Defence Centre to provide local clients with increased levels of support, including dedicated professional services to help them automate and orchestrate their phishing response programs and take full advantage of PhishMe Triage™ and PhishMe Intelligence™. PhishMe has already opened regional support centers in other worldwide locations to improve support. In addition to the London center, PhishMe now has satellite offices in Australia, Dubai, Japan, Saudi Arabia and Singapore. The ability to provide dedicated, local support in these key regions, along with the quality and effectiveness of its security awareness training and phishing simulation platform, has seen its market share in these regions grow considerably. PhishMe already...

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PhishMe Announces New Strategic Channel Alliance with Aquion
May24

PhishMe Announces New Strategic Channel Alliance with Aquion

PhishMe, the leading vendor of phishing defense solutions, had announced a new partnership with Aquion, a leading distributor of security-focused IT products and services. The new strategic channel alliance with see Aquion accelerate usage of PhishMe’s human phishing defense solutions throughout Australia, New Zealand and Oceania. PhishMe has already enjoyed significant growth in Australasia; however, the new partnership will help to ensure the firm’s products are more widely adopted throughout Australia, New Zealand and the Asia-pacific region. Aquion already delivers a wide range of security software products that help companies improve their security posture, with the company specializing in bringing innovative and emerging technologies to enterprise customers in the A/NZ and APAC...

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2016 Malware Year in Review Analysis Published by PhishMe
May18

2016 Malware Year in Review Analysis Published by PhishMe

Anti-phishing solution provider PhishMe has published its 2016 Malware Year in Review – An analysis of the changing threat landscape throughout the year. The report shows that ransomware was the main growth area and had the biggest impact on businesses in 2016, although hackers still pose a major threat and are focused on stealing data from organizations. “In addition to focusing on the ‘smash and grab’ of ransomware, threat actors also continue to quietly infiltrate the target’s environment, thus making it increasingly important to detect malware during the delivery phase,” said PhishMe Co-founder and Chief Technology Officer Aaron Higbee. For the report, PhishMe analyzed more than 2,500 phishing attacks and identified the tools, techniques and tactics used by cybercriminals to spread...

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PhishMe Adds Ransomware and Business Email Compromise Training Modules to its CBFree CBT Program
May04

PhishMe Adds Ransomware and Business Email Compromise Training Modules to its CBFree CBT Program

Ransomware has fast become one of the biggest threats to organizations. The file-encrypting malware is capable of causing massive disruption to businesses. Ransomware attacks can take entire networks out of action, crippling businesses and causing substantial losses. Ransomware is usually spread via phishing emails, with the malicious software unwittingly installed by employees. Business email compromise scams are also rife. These attacks similarly target employees and result in huge losses. Employees are fooled into making fraudulent bank transfers to criminals’ accounts, often for hundreds of thousands of dollars. By the time the scams are discovered, the money typically cannot be recovered. While security software can block some of these attacks, many phishing emails end up being...

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PhishMe CEO Rohyt Belani Announced as Finalist in EY Entrepreneur of the Year Awards
Apr26

PhishMe CEO Rohyt Belani Announced as Finalist in EY Entrepreneur of the Year Awards

Rohyt Belani, CEO and co-founder of PhishMe, the leading provider of anti-phishing solutions for enterprises, has been named as a finalist for Entrepreneur of the Year (mid-Atlantic) at the annual EY awards. This is the second year in a row that Belani has been recognized at the annual award ceremony. This is the 31st year of the EY Awards program, which recognize the excellence of entrepreneurs for innovation, commitment to the business and communities, leadership and the financial performance of their companies. PhishMe enjoyed record growth in 2016 with the firm continuing to go from strength to strength. The firm now employs more than 300 individuals and serves more than 1,200 enterprise customers around the world. The company now has an Annual Run Rate (ARR) of almost $50 million. A...

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Forrester Research Study Shows PhishMe Phishing Solution Gives 336% ROI
Apr06

Forrester Research Study Shows PhishMe Phishing Solution Gives 336% ROI

Many businesses have had no alternative but to improve cybersecurity defenses to deal with the increased threat of cyberattacks. With attacks coming from all angles and a large attack surface to defend, organizations need to purchase multiple products to keep their networks and data well defended. It is therefore important to ensure money diverted to cybersecurity is well spent. Organizations need to ensure they get the best possible protection for their investment. One area that is seeing an increasing level of investment is anti-phishing technology – Solutions that improve the last line of defense – employees. PhishMe has developed a comprehensive suite of anti-phishing solutions to keep organizations protected from the growing threat of phishing attacks. The suite consists of PhishMe...

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PhishMe Reports Another Record Year of Growth
Feb01

PhishMe Reports Another Record Year of Growth

Yesterday, the leading phishing defense solution provider PhishMe announced it has enjoyed another record year of growth. The Leesburg, Virginia-based firm has increased its workforce to 300 employees and over the course of 2016 has increased its customer-base to more than 1,200 enterprises, helping them to defend their networks from cyberattacks. The firm now has an Annual Run Rate approaching $50 million, with year over year new product adoption growth of 350% for PhishMe Triage™. The company’s recent Series C funding round raised a further $42.5 million from investors. To put that figure into perspective, the investment is greater then the combined total of all the firm’s direct competitors. Further, that capital was raised at a particularly challenging time, which shows just how much...

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PhishMe Honored in 2017 Info Security PG’s Global Excellence Awards
Jan25

PhishMe Honored in 2017 Info Security PG’s Global Excellence Awards

The Info Security PG’s Global Excellence Awards recognize security companies that have developed outstanding products that allow organizations to secure their digital resources. The awards, which are now in their 13th year, cover a wide range of information security companies and InfoSec products, including awards for management, customer service, and naturally, the effectiveness and usability of the products. The annual awards recognize excellence in the field of information security and showcase organizations that have developed ground-breaking products that raise the bar for others. To be selected as a finalist, organizations must have gone the extra mile and ensured their products and services are truly first class. The PhishMe phishing solution was first released in 2008 with the...

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PhishMe Finalist in Best IT Security-Related Training Category at 2016 SC Magazine Awards
Nov23

PhishMe Finalist in Best IT Security-Related Training Category at 2016 SC Magazine Awards

The 2016 SC Magazine Awards are a highlight in the calendar for companies in the field of information security. The awards honor the achievements of companies and individuals working in the field of information security and recognize and honor the best and brightest talent. Information security products and services nominated for awards are assessed by two panels of judges, comprising analysts, educators, vendor-neutral consultants and current and former CISOs. Each competitor is thoroughly assessed with average scores tallied before the finalists in each category – and the category winners – are decided. To become a finalist or to win a prestigious award, competitors must display excellence in their respective field. In 2016 there are 29 awards covering a wide range of security...

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PhishMe Reports 97% of Phishing Emails Used to Deliver Ransomware
Nov18

PhishMe Reports 97% of Phishing Emails Used to Deliver Ransomware

PhishMe has released its Q3 Malware Review which indicates the ransomware epidemic is growing, with the malicious file-encrypting malware now used in record numbers of attacks on businesses. Ransomware is malicious code that locks files with powerful encryption, preventing companies from accessing their data. The attackers hold the only keys to unlock the encryption, which must be bought by companies in the form of a ransom payment. There has been an explosion in the number of ransomware variants this year, with many ransomware families now being used to extort money from businesses. However, the leading variant that has been used in the majority of attacks is Locky. Locky is constantly being updated with the attackers using a variety of techniques to avoid detection. The ransomware...

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PhishMe Excellence Awards Winners Announced at Submerge 2016
Oct15

PhishMe Excellence Awards Winners Announced at Submerge 2016

The PhishMe Submerge user conference took place in Orlando, FL on September 28-29, 2016. The event provided attendees with the opportunity to learn phishing defense best practices and hear about case studies highlighting information security successes and failures. More than 100 phishing defense professionals attended the event from all over the world. There were two tracks at the conference – The ‘Deep Dive’ track that focused on getting the most out of PhishMe products and the ‘Under the Surface’ track, that detailed the latest threats and attack trends. Industry experts talked about the latest malware, ransomware and phishing threats and tactics for ensuring an effective response to security incidents. In addition to providing an excellent opportunity for learning and networking,...

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Anti-Phishing Training Company PhishMe Secures $2.5 Million in Funding
Jul29

Anti-Phishing Training Company PhishMe Secures $2.5 Million in Funding

Providing employees with anti-phishing training is an important part of an organization’s cybersecurity strategy. Technology can be used to prevent network cyberattacks, but employees are a weak link. If phishing emails are delivered to inboxes, it is all too easy for an employee to open an infected email attachment and load malware onto a corporate network. Anti-spam solutions can be employed to reduce the risk of phishing emails being delivered, but no solution is 100% effective, 100% of the time. Sooner or later phishing emails will be delivered. Since employees are the last line of defense it is important that they are told how to identify phishing emails. PhishMe Inc. offers training courses to teach employees how to identify phishing emails. Phishing email simulations are also...

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