The PhishMe Advantage – ROI

Return on Investment

Measuring the return on investment (ROI) from your PhishMe solution is simple and easy. The most obvious and significant impact is the dramatic reduction you will see in the overall risk of a phishing attack both getting past your perimeter protection and your skilled users but there are other ways to measure your investment:

Monetary ROI

Customers can realize monetary ROI from PhishMe by reducing their overall risk to phishing and other security threats. Adversaries have successfully employed phishing tactics to steal intellectual property, personally identifiable information, and other sensitive information that can harm an organization’s competitive advantage and reputation.

The costs of a data breach vary and can range from hundreds of thousands to billions of dollars. The costs of incident response and mitigation will be, at a minimum, a few hundred thousand to millions of dollars. While the loss of intellectual property and sensitive information can have a severe financial and legal impact on an organization.

PhishMe’s solutions lower the likelihood of users being susceptible to various security risks while also increasing your IT Security team’s ability to quickly and accurately identify and mitigate an attack in progress. PhishMe’s experience sending simulated phishing attacks to over 20 million unique users has shown that prior to training, organizations show a reduction in repeat “clicker” susceptibility to phishing of 95%.  Download our Phishing Susceptibility Report for the full details.

Time ROI

There is also the opportunity cost view of measuring the ROI from PhishMe. Specifically, this includes the amount of time and resources your IT organization must commit when responding to user reports of falling for phishing attacks, resetting passwords, slow computer performance caused by malware, and unwinding the damage caused by such incidents. The internal cost to identify, respond, triage and recover compromised systems can place an unbearable strain on the IT service organization. Most firms find that cutting the need for this effort by 50% to 80% results in significant savings of time, labor and energy, all of which can be focused on core business operations that can help your business grow.

PhishMe’s innovative training solutions will save your entire organization time and resources while increasing employee productivity. On average, PhishMe simulated training exercises conducted periodically takes 1/30th as much time as traditional computer-based training (CBT).

 

PhishMe Announces Phishing Program Excellence Award Winners

Palo Alto Networks, AVANGRID, and others honored at Submerge 2016 for their innovative work in phishing prevention.

Leesburg, VA – October 14,  2016 – PhishMe, a global provider of phishing defense and intelligence solutions for the enterprise, has announced the winners of the PhishMe Excellence Awards at Submerge 2016, its inaugural phishing and defense summit and user conference. PhishMe chose the winners for their innovative, successful programs designed to combat phishing attacks and protect their enterprise from the risks of malware infiltration and fraud loss.

An anonymous panel of judges comprised of PhishMe product experts, industry leaders and security professionals reviewed the applications and designated the following companies winners across a number of different categories.

  • AVANGRID, Inc. a diversified energy and utility company, received the Phishing Defense Program of the Year, for consistently demonstrating the most effective all-around, top-performing phishing defense program with superior performance in detection, alerting, reporting, training, participation and results.
  • Palo Alto Networks, the next-generation security company, received the Most Innovative Phishing Defense Program Award, which recognized the company’s ability to think outside the box to leverage fresh approaches to achieve optimal training effectiveness and boost company-wide cyber education participation.
  • Additionally, PhishMe recognized industry leaders for achievements in the field of incident response, honoring the team that demonstrated superior overall process of responding to phishing threats in the Incident Response Team of the Year category, and the PhishMe Community Trailblazer of the Year, an award created to recognize the PhishMe user who has gone above and beyond in their phishing defense efforts.

Co-founders Rohyt Belani, PhishMe CEO, and Aaron Higbee, PhishMe CTO, presented the awards to the winners on-stage at the PhishMe Submerge Conference in Orlando, Florida. More than 100 phishing defense professionals attended this inaugural conference, which provided them with opportunities to learn from industry experts while networking with peers and other PhishMe users from all over the world.

After the award ceremony, Belani commented, “I would like to extend my huge congratulations to our winners and to all those who applied for the PhishMe Excellence Awards this year. The quality of the submissions was outstanding and a credit to the entire industry. I’m highly encouraged to see the commitment companies and individuals exhibit in protecting their businesses against increasingly sophisticated phishing attacks. PhishMe is very proud to be part of such a remarkable and growing community and we look forward to seeing everyone next year at Submerge 2017.”

For more information about the PhishMe Submerge Conference and the PhishMe Excellence Awards, please follow this link.

 

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About PhishMe

PhishMe is the leading provider of human-focused phishing defense solutions for organizations concerned about their susceptibility to today’s top attack vector — spear phishing. PhishMe’s intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report, and mitigate spear phishing, malware, and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization’s security decision making process. PhishMe’s customers include the defense industrial base, energy, financial services, healthcare, and manufacturing industries, as well as other Global 1000 entities that understand changing user security behavior will improve security, aid incident response, and reduce the risk of compromise.

Media Contacts:

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Wes Anderson

Cohn & Wolfe US for PhishMe

Phone: 323.602.1080

Email: phishme@cohnwolfe.com

 

Francesco Tius

AxiCom UK for PhishMe

Phone: +44 (0)20 8392 4061

Email: phishme@Axicom.com[/vc_column_text][/vc_column][/vc_row]

PhishMe Shortlisted as Finalist in Two Categories at Coveted 2016 Computing Security Awards

We are proud to confirm that PhishMe has been named as a finalist in two categories at the 2016 Computing Security Awards. PhishMe Simulator is shortlisted for ‘Anti Phishing Solution of the Year’ and ‘The Human Factor Award’ at a ceremony set to take place at London’s Cumberland Hotel on October 13th, 2016.

The Computing Security Awards champions the solutions and providers that help to keep organizations secure. Shortlisted for two distinct categories, PhishMe has been recognized not only for developing innovative human phishing defense and intelligence solutions, but also for its services to help organizations reduce phishing risk and susceptibility of human error-related data breaches.

With over 20 million employees trained in 160 countries, PhishMe Simulator has been proven to reduce the threat of employees falling victim to advanced cyber-attacks by up to 95%. The shortlisting at the Computing Security Awards is a credit to the hard work of the PhishMe research teams who use real phishing emails to create timely examples and content focused on today’s greatest threats such as Business Email Compromise (BEC) and Ransomware, transforming the entire workforce into an empowered line of defense against phishing.

Voting is open to the public so don’t forget to lend your support for us here and you can share on Twitter @PhishMe to help spread the word! The winners will be announced on 13 October at the Cumberland Hotel in Marble Arch, London.

Computing Security Awards Finalist

PhishMe Honored on the Inc. 5000 List for the Second Year in a Row

After Posting 3-year Cumulative Growth of More than 560 Percent, PhishMe Recognized as One of America’s Fastest-Growing Private Companies

LEESBURG, VA – August 17, 2016 – PhishMe, Inc., the leading provider of human-phishing defense solutions, announced today that Inc. magazine has ranked PhishMe No. 700 on its 35th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

“Making the Inc. 5000 list two-years in a row is a tremendous honor and a testament to all the hard work our team has been doing,” said Rohyt Belani, CEO and Co-Founder of PhishMe. “PhishMe has maintained our focus and executed cleanly over the past several years. Our strong business fundamentals have afforded us the platform for expansive growth while cybersecurity continues to be at the forefront of businesses in this digital age.”

PhishMe has recently achieved record cumulative growth of more than 560 percent over the last three years. In addition, the company has helped more than half of the Fortune 100 organizations to defend themselves against thousands of phishing attacks perpetrated by cybercriminals across the globe, helping PhishMe attain a 93 percent gross retention and negative net churn.

The 2016 Inc. 5000 is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.

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About PhishMe

PhishMe is the leading provider of human-focused phishing defense solutions for organizations concerned about their susceptibility to today’s top attack vector — spear phishing. PhishMe’s intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report, and mitigate spear phishing, malware, and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization’s security decision making process. PhishMe’s customers include the defense industrial base, energy, financial services, healthcare, and manufacturing industries, as well as other Global 1000 entities that understand changing user security behavior will improve security, aid incident response, and reduce the risk of compromise.

More about the Inc. 5000
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million.

 

Lastline, Mimecast, McAfee and More Join Rapidly Expanding PhishMe Technology Alliance Program

Join PhishMe at Black Hat 2016 to Learn How Joint Customers Maximize Investments in Lastline, Mimecast, IBM, McAfee and Recorded Future

LEESBURG, VA – 2 August, 2016 – PhishMe Inc., the leading provider of human phishing defense solutions, today announced the addition of further technology partners to its Technology Alliance Program (TAP), an ecosystem of the world’s leading security providers. TAP has continued to deliver exceptional value to mutual customers since its formation in March 2016, and with the likes of Lastline and Mimecast joining existing members including FireEye and Cisco, the alliance has further strengthened its ability to protect organizations from today’s advanced threats.

TAP launched in early 2016 to provide organizations with simple integrations that bolster security, improve operational workflow and manageability, maximize security investments, and reduce the risk of falling victim to phishing-driven cyberattacks. After considerable success, the program is pleased to welcome more of the industry’s leading solutions and services providers:

  • Lastline: PhishMe Triage and Lastline Analyst have partnered to provide security teams with an integrated phishing incident response malware analysis solution. The integration has made it efficient for mutual customers to automatically and accurately identify malware much faster, and increase the value from existing security investments
  • Mimecast: PhishMe has entered into an alliance with Mimecast as a go-to-market partner. PhishMe has also joined forces with Mimecast as a founding member within their recently announced Cybersecurity Resiliency Alliance Network.
  • Bay Dynamics: User Behavior Analytics (UBA) leader, Bay Dynamics, and PhishMe partner to empower security teams to conduct phishing simulation campaigns against employees based on their risk profile.
  • McAfee: PhishMe Triage and PhishMe Intelligence can send to or ingest into McAfee’s ESM.
  • ThreatQuotient and Anomali: PhishMe Intelligence can be consumed into leading threat intelligence platforms (TIPs) and cross-correlated across other sources of threat intelligence.

PhishMe is also pleased to have expanded integrations with initial TAP partners:

  • Recorded Future: PhishMe and Recorded Future added to their integration for customers to continually pivot between human-verified phishing intelligence and real-time threat intelligence through the OMNI Intelligence Integration.
  • LogRhythm: PhishMe and LogRhythm completed the integration with PhishMe Triage and LogRhythm’s Security Intelligence Platform.
  • IBM: PhishMe Intelligence and PhishMe Triage support IBM QRadar.
  • HPE: PhishMe has achieved ArcSight certification for PhishMe Intelligence and PhishMe Triage.
  • Splunk: PhishMe Intelligence apps are available at Splunk

“We’re excited to be partnering with PhishMe! By combining PhishMe Triage and Lastline Analyst, we’ve made it efficient for our mutual customers to automatically and accurately identify malware much faster. An added benefit is that our customers increase the value from existing security investments,” said Brian Laing, Vice President of Business Development and Product, at Lastline.

“The PhishMe Technology Alliance Program was created to deliver security benefits that can only be achieved through close cooperation and shared intelligence,” explained Allan Carey, Vice President of Business Development at PhishMe. “By collaborating with industry leading security providers such as Lastline, Mimecast, and our existing TAP members, the alliance is actively showing what can be achieved through a shared commitment to increase security operations efficiency and maximize customer value. Together, we are giving organizations the security solutions and intelligence they need to proactively detect and quickly respond to cyber attacks.”

To learn more about the PhishMe Technology Alliance Program, visit booth 1315 at Black Hat 2016 in Las Vegas.

Connect with PhishMe Online:

About PhishMe

PhishMe is the leading provider of human-focused phishing defense solutions for organizations concerned about their susceptibility to today’s top attack vector — spear phishing. PhishMe’s intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report, and mitigate spear phishing, malware, and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization’s security decision making process. PhishMe’s customers include the defense industrial base, energy, financial services, healthcare, and manufacturing industries, as well as other Global 1000 entities that understand changing user security behavior will improve security, aid incident response, and reduce the risk of compromise.

Q2 2016 Firmly Establishes Ransomware as a Mature Business Model for Malicious Actors

PhishMe Q2 Malware Review identifies key security trends including the rise of encryption ransomware and remote malware deployments

LEESBURG, VA – 2 August, 2016 – PhishMe Inc., a leading provider of human phishing defense solutions, has revealed that the second quarter of 2016 saw ransomware firmly establish itself as a mature business model, with the threat showing no outward signs of diminishing. Encryption ransomware now accounts for 50% of all malware configurations, meaning that it is no longer considered simply a means for making a quick profit, but a permanent fixture on the threat landscape.

Published today, PhishMe’s Q2 2016 Malware Review identified three key trends previously recorded earlier in the year, but now firmly established:

  • Encryption ransomware: Given the tenacity and frequency of ransomware phishing attacks, it appears cybercriminals now consider this a tried and trusted business model
  • Rise in evasion techniques: PhishMe encountered an increase in the number and volume of malware deployments incorporating simple evasion techniques to circumvent protection by security solutions
  • Simple attacks still pack a punch: Numerous deployments of malware were recorded with less sophisticated actors who still wield robust feature sets

In March of 2016, PhishMe malware analysis noted a strong diversification of ransomware strains and were responsible for 93% of all malware payloads delivered that month. The Q2 malware research shows that ransomware has begun consolidation in May and June as Cerber encryption ransomware and Locky strongly dominated in the ransomware scene. The research behind this ransomware evolution strongly supports the notion that ransomware has effectively become a major business model for threat actors, seeking the most advantageous and cost-effective means for generating sustainable profits.

“Barely a year ago, ransomware was a concerning trend on the rise. Now, ransomware is a fully established business model and a reliable profit engine for cybercriminals, as threat actors involved treat it as a legitimate industry by selling information, tools and resources to peers based all around the world,” explained Rohyt Belani, CEO & Co-Founder, PhishMe. “Empowering the human element to detect and report these campaigns needs to be a top priority for organizations if they are to protect themselves from a threat that is here for the long term.”
The report also unveils findings on the usage of stenography and ciphers in malware delivery, both increasingly popular anti-analysis techniques designed to bypass security solutions and the efforts of security researchers. Using a common stenographic technique, threat actors are able to hide the Cerber executable of a Cerber malware payload within a seemingly harmless image file – sneaking past layers of security technologies to make its way into the target victim’s inbox. The report provides further examples on how the executables are embedded and what to look for when conducting a deep ransomware analysis.

Additionally, the Q2 2016 Malware Review also sheds light on remote access Trojan utilities which have garnered significant attention recently due to their purported use in the high profile intrusion and apparent theft of data from the Democratic National Committee. While details regarding the attack are still private, deployment of remote access Trojans via phishing email is a frequent occurrence. The risks associated with these less-sophisticated, yet feature-packed malware utilities have been underscored through frequent use by advanced actors.

To download a full copy of the Q2 2016 Malware Review, click here

Connect with PhishMe Online

About PhishMe

PhishMe is the leading provider of human-focused phishing defense solutions for organizations concerned about their susceptibility to today’s top attack vector — spear phishing. PhishMe’s intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report, and mitigate spear phishing, malware, and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization’s security decision making process. PhishMe’s customers include the defense industrial base, energy, financial services, healthcare, and manufacturing industries, as well as other Global 1000 entities that understand changing user security behavior will improve security, aid incident response, and reduce the risk of compromise.

PhishMe Expands Availability of Phishing Incident Response Solution with Cloud and Managed Deployments

PhishMe Triage is now more easily deployed to meet the needs of organizations of all sizes

LEESBURG, VA – London, UK – 2 August, 2016 – PhishMe, Inc., the leading provider of human-phishing defense solutions, announced today that it has added powerful new features and deployment options to its phishing threat management and incident response platform, PhishMe Triage. PhishMe Triage users can now choose between three deployment options to fit their organization’s needs. Still available in its original form as a virtual appliance, PhishMe Triage now offers a secure cloud and a fully managed option to customers.

PhishMe Triage Cloud delivers a faster time to deploy with a dedicated instance hosted in the PhishMe secure cloud infrastructure that allows customers to continue to manage the day-to-day operational and analysis tasks. With PhishMe Triage Cloud, new customers can be up and running in a matter of days. PhishMe Triage Managed gives customers the opportunity to completely outsource their phishing incident response programs, and includes customizable SLAs, reporting and analysis of reporting phishing incidents while freeing SOC and IR teams to concentrate on other critical tasks. The additional deployment options for PhishMe Triage makes phishing incident response more available to organizations of all sizes and needs.

PhishMe Triage Cloud and PhishMe Triage Managed are already in use by dozens of customers today.  John Helt, Cyber Security Analyst at Scripps Networks Interactive, a leading developer of lifestyle-content for television and the Internet, said: “PhishMe Triage allows us to encourage our users to report suspicious messages knowing that each will be carefully analyzed with prompt feedback returned to each individual. The solution provides our response teams the rapid, detailed information they need to address e-mail threats quickly and efficiently without wasting time chasing false positives.”

Further strengthening the Triage capabilities, PhishMe has added new significant features to the solution, these include:

Reputation Prioritization with VIP Reporter

PhishMe Triage now prioritizes suspicious activity reported by trusted “VIPs” within an organization. The ability to set reputation and trust levels for VIPs  helps operators quickly assess and respond to possible threats as reported by the most vigilant and astute reporters in the company.

Streamlined Management with Syslog Alerts

PhishMe Triage can now proactively provide timely threat information to SOC operators even if they are not actively monitoring the solution when a threat is reported. With Syslog Alerts, PhishMe Triage can drive a pre-configured alert into the customer’s SEIM to trigger workflows established to handle security alerts.

Lastline Analyst Integration

PhishMe Triage and Lastline Analyst have partnered to provide security teams with an integrated phishing incident response malware analysis solution. The integration has made it efficient for mutual customers to automatically and accurately identify malware much faster, and increase the value from existing security investments

“As malware attacks continue to grow exponentially, it is important for businesses to rely on a solution that is widely available and accessible. The expansion of PhishMe Triage deployment options enables businesses to scale up and scale down their security efforts for a leaner experience,” said Aaron Higbee, CTO at PhishMe. “Updates to our Triage offerings will also enable our customers to significantly reduce incident response times, whilst allowing them to obtain accurate threat information for timely security alerts.”

For more information on PhishMe’s enterprise phishing defense solution, please visit http://phishme.com/product-services/pm-solution/.

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Follow PhishMe’s Blog: http://phishme.com/blog/

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About PhishMe

PhishMe is the leading provider of human-focused phishing defense solutions for organizations concerned about their susceptibility to today’s top attack vector — spear phishing. PhishMe’s intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report, and mitigate spear phishing, malware, and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization’s security decision making process. PhishMe’s customers include the defense industrial base, energy, financial services, healthcare, and manufacturing industries, as well as other Global 1000 entities that understand changing user security behavior will improve security, aid incident response, and reduce the risk of compromise.

PhishMe Triage™ Advances Malware Investigation with Lastline Analyst

Phishing Incident Response – Through Automated Malware Analysis

Conditioning employees to detect and report suspicious email is a strategy security leaders have adopted through PhishMe’s innovative solutions. CISOs have realized that while technology continues to get better at preventing malware, the attackers continue to elevate their game and never rests, and neglecting people as defenders would be a mistake.

PhishMe Raises $42.5 Million In Series C Funding Led By Paladin Capital Group And Joined By New Investor Bessemer Venture Partners

Global leader in enterprise phishing defense and intelligence drives towards rapid development and expansion into Europe and Asia with significant VC investment

LEESBURG, VA – July 26th, 2016 – PhishMe Inc., the leading provider of human phishing defense solutions, today announced it has raised $42.5 million in Series C funding led by existing investor Paladin Capital Group, an established, multi-stage private equity firm that initially invested in the business in 2012. The deal also saw the participation from new investor Bessemer Venture Partners, a $4 billion venture capital firm investing in startups at every stage, in every corner of the globe.

PhishMe Announces Inaugural Annual User Conference and Phishing Defense Summit

PhishMe Submerge features industry expert speakers, including keynote by FireEye CTO,
and sessions focused on latest threats and security trends

LEESBURG, (VA.) July 13, 2016 – PhishMe, a global provider of phishing defense solutions for the enterprise, has announced that registration is open for its inaugural phishing defense summit and user conference, called PhishMe Submerge. This first-of-its-kind event, which is taking place Sept. 28-29 in Orlando, FL, will bring together industry experts with practitioners who are on the front lines to discuss the security threat landscape and share phishing defense strategies. Featured speakers will include Grady Summers, CTO of FireEye as the opening keynote speaker, along with PhishMe’s Co-Founders, Rohyt Belani, CEO, and Aaron Higbee, CTO.