IRONSCALES News
31 articles
Elron Ventures cashes out IronScales stake for $26M as PSG increases its holding | CTech
Elron Ventures has sold its 7.6% stake in IronScales, a cybersecurity company, to PSG investment fund for $26 million, valuing IronScales at $340 million. This sale is part of Elrons strategy to realize profits from its investments, having previously invested $1.1 million in IronScales in 2019. Elron has recorded a total profit of $38 million from its investment in IronScales, with the latest transaction yielding a 23x return. Additionally, Elron recently sold its stake in Cybersixgill to Bitsight for $115 million, generating a profit of $22.5 million. Elrons market value is estimated at approximately $70 million, and it operates as a venture capital fund with holdings in 19 companies. Arieli EL recently acquired control of Elron, purchasing 59.14% of its shares for $53.2 million.
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IRONSCALES Named to Inc. 5000 List for Fourth Consecutive Year
Chubb, Globally Renowned Fire Safety and Security Business, Selects IRONSCALES to Replace SEG for Enterprise Email Security Solution - Silicon Canals
IRONSCALES, a leading cloud email security platform, has been selected by Chubb, a global provider of fire safety and security solutions, to protect against advanced phishing attacks such as business email compromise and VIP impersonation. Chubb, which serves over one million customer sites across 17 countries, chose IRONSCALES for its ability to quickly integrate and provide robust protection against sophisticated cyber threats. The decision was influenced by a recommendation from Performanta, a global managed security service provider. This partnership enhances Chubbs cybersecurity measures, allowing its IT department to efficiently manage threats and focus on delivering safety and security services to customers. The collaboration underscores the importance of leveraging AI and human insights to combat evolving cyber threats.
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IRONSCALES Ranks No. 875 on the 2022 Inc. 5000 Annual List
IRONSCALES Announces Partnership with Distributor, Distology, to Provide Comprehensive Email Security Across the UK and EMEA
IRONSCALES Launches Expanded Security Awareness Training Functionality
IRONSCALES Recognized as Top 100 Innovative Cybersecurity Company
IRONSCALES, a leader in AI-powered email security, has been recognized as one of the Top 100 Innovative Cybersecurity Companies of 2022 by Expert Insights. The company has also received an Atlanta Inno on Fire Award from the Atlanta Business Chronicle. Several members of IRONSCALES senior leadership team have been individually recognized for their achievements. The CEO and founder, Eyal Benishti, is a finalist for Security Executive of the Year and one of Georgias Top 101 Founders in the Software Space. Julia Blachman, the director of global human resources, is a finalist for the HR Rising Star award. These recognitions highlight the companys growth and innovation in the cybersecurity industry. IRONSCALES provides AI-driven email security solutions to protect against phishing attacks.
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IRONSCALES Expands Product Offering Across Email, Communication Platforms
IRONSCALES, a leader in AI-powered email security, has announced new features to protect organizations from cybersecurity threats. The company has introduced the Complete Protect™ solution, which extends coverage beyond email to include Microsoft Teams, and provides comprehensive protection against phishing attacks and Account Takeover (ATO) attacks. IRONSCALES has also launched three new product packages, including Email Protect™, Complete Protect™, and Starter™. Additionally, the company is expanding access to its Premium Training solution to offer simulation and awareness training to help employees become more vigilant against phishing attacks. The new features and expanded protection aim to help organizations reduce cyberattacks across their email and communication platforms. The products and services are available starting from March 1, 2022.
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IRONSCALES Raises $64 Million in Series C Funding Round Led by PSG
IRONSCALES, an AI-powered email security solutions provider, has raised $64 million in a Series C funding round. The round was led by PSG and saw participation from existing investors K1 Investment Management and Jump Capital. The companys platform is self-learning and continuously detects and remediates advanced threats such as business email compromise, credential harvesting, and account takeover in companies’ mailboxes. The new funding will be used to expand the companys international footprint and to continue to grow its platform’s capabilities.
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https://www.securityinfowatch.com/cybersecurity/press-release/21208244/ironscales-ironscales-new-product-release-strengthens-advanced-phishing-threat-detection-capabilities
IRONSCALES has announced new platform features to improve its ability to detect advanced phishing attacks and enhance phishing awareness training. The companys threat detection capabilities have been enhanced to detect various types of phishing scams, and its phishing awareness training module now includes a one-click campaign feature for security teams to test employees awareness. IRONSCALES aims to provide unmatched protection for its customers against evolving phishing techniques. The companys customers have reported improvements in detecting suspicious emails related to financial and credential harvesting through more frequent ad-hoc phishing awareness campaigns. IRONSCALES is committed to continued innovation and has released 35 updates to its platform. The company offers an AI-driven email security platform that proactively fights phishing attacks.
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IRONSCALES Grows ARR 72% in 2020 Driven by Market Expansion and Product Enhancements
IRONSCALES, a pioneer in self-learning email security, announced a 72% increase in annual recurring revenue in 2020. The company experienced a 44% increase in new channel partnerships, a 155% increase in customers, and expanded into 18 new territories. IRONSCALES also secured an $8 million investment from Jump Capital, which was used for research and development and talent acquisition. The company plans to hire 40 more employees in the coming year. IRONSCALES achieved several milestones in 2020, including surpassing 1,000 active security professionals worldwide and launching innovative solutions to enhance email security. The company received multiple cybersecurity awards and identified prominent phishing attacks. IRONSCALES aims to provide advanced threat protection and seamless collaboration for email security.
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IRONSCALES Announces Integrations with Microsoft Teams and Slack
IRONSCALES has announced integrations with Microsoft Teams and Slack to notify security teams about phishing incidents in real-time. This integration will help security analysts and SOC teams respond faster to threats and prevent the exposure of company data to malicious actors. The integrations enhance IRONSCALES incident management platform, which already includes mobile apps for iOS and Android devices. The ability to alert security teams in Microsoft Teams and Slack will enable customers to expedite and optimize mitigation and response to email security threats. Microsoft Teams and Slack have seen increased adoption rates in 2020, making the integrations crucial for remote and office-based workers. IRONSCALES provides advanced threat protection and post-message detection and remediation for email security.
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IRONSCALES Announces Integration with Swimlane to Automate Email Security Investigation and Response
IRONSCALES has partnered with Swimlane to integrate its self-learning email security platform into Swimlanes SOAR solution. This partnership aims to alleviate the burden on security teams and reduce the risks from advanced email phishing techniques. The integration will provide users with a centralized view of email phishing threats and enable automated workflows, incident correlation, and proactive threat hunting. The partnership addresses the challenges faced by Security Operations Center (SOC) teams, such as alert overload and disconnected security tools. IRONSCALES and Swimlane aim to provide a seamless experience for organizations in phishing prevention and anti-phishing remediation.
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Ironscales raises $8 million more for AI that thwarts email phishing attacks
Ironscales, a startup developing an AI phishing prevention and detection platform, has closed an $8 million extension to its series B round led by Jump Capital. The funding will be used to accelerate growth through market expansion and ongoing R&D of its email security platform. Ironscales employs a combination of machine learning and intelligence tools to prevent phishing attempts and offers a cloud-based protection module called IronShield. The company also provides security awareness training and has added natural language processing algorithms to detect business email compromise attacks. Ironscales plans to double its headcount in the coming months.
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IRONSCALES Deploys Natural Language Processing to Automatically Prevent Business Email Compromise Attacks
IRONSCALES has deployed natural language processing (NLP) to automatically detect and respond to business email compromise (BEC) attacks. The addition of NLP improves the companys ability to protect employee inboxes from BEC attacks. By analyzing email content for topic and sentiment, IRONSCALES can classify BEC attacks that bypass gateway defenses. The company has also introduced new VIP email impersonation protections. The NLP-driven BEC protections and VIP impersonation protections are now available as part of the IRONSCALES self-learning email security platform.
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IRONSCALES Expands Threat Assessment Capabilities;Launches Email Security's First Phishing Emulator™
IRONSCALES has announced the launch of Phishing Emulator™, a fully automated solution that allows security professionals to evaluate their organizations email security defenses. The solution deploys real-world, unmodified phishing attacks to identify weak points in existing email security infrastructure. Traditional breach and attack simulators often use fictitious and outdated scenarios, leaving organizations exposed to hidden risks. Phishing Emulator™ aims to address this by deploying real-world phishing attacks, including business email compromise, impersonation, spoofing, ransomware, and other malware, to discover security technology gaps in near real time. The solution is available for Microsoft Office 365 users.
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IRONSCALES Themis Emerges as World's First Fully Autonomous AI Email Security Analyst
IRONSCALES, a pioneer of self-learning email security, announced that its AI-driven virtual security analyst, Themis, can now autonomously classify and remove email threats. Themis has helped detect and mitigate over 100 million phishing attacks since its release in 2018. With this development, security analysts can increase the speed and accuracy of their email security. Themis is part of IRONSCALES self-learning email security platform, which provides training, tools, and intelligence to combat phishing attacks. The accuracy of Themis has significantly improved due to the combination of human vetted decision making and proprietary data labeling technology. The majority of enterprise SOCs lack the resources to respond quickly to phishing threats, and Themis aims to address this issue. IRONSCALES customers now have access to the combination of artificial intelligence and real-time decision data from a large community of security analysts.
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IRONSCALES Wins Multiple Awards For Artificial Intelligence & Incident Response In Email Security
IRONSCALES, a pioneer of self-learning email security, has won Cyber Defense Magazines Infosec Award and two Gold awards from Info Security Products Guide Global Excellence Awards. The companys philosophy is to combine real-time human intelligence with artificial intelligence and machine learning to protect against phishing attacks. The awards recognize IRONSCALES understanding of tomorrows threats, cost-effective solutions, and innovation in stopping breaches. The company offers a self-learning platform for post-message delivery, detection, and remediation of phishing attacks. IRONSCALES is the only email security provider to offer mobile applications for iOS and Android. The company aims to provide comprehensive anti-phishing protection and empower organizations to defend against sophisticated email attack techniques.
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IRONSCALES' email security platform surpasses over 1,000 active security professionals worldwide - Help Net Security
IRONSCALES, a self-learning email security company, has reached over 1,000 active security professionals worldwide. The companys platform offers real-time threat intelligence and collaboration with cybersecurity experts to reduce the risk of phishing attacks. IRONSCALES harnesses the collective expertise of its security professional community and feeds the insights back into its AI-powered platform. The platform provides immediate access to a peer-based community of threats detected by security professionals, ensuring continuous, real-time intelligence. The democratized approach of the platform allows for the sharing of email threat intelligence and faster detection and blocking of emerging threats. The company has attracted over 1,000 customers across various industries.
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Ironscales raises $15 million to defeat phishing attacks with AI
Ironscales, a cybersecurity startup, has raised $15 million in series B financing led by K1 Investment Management. The company plans to use the funds to expand its operations in the United States. Ironscales experienced triple-digit growth and significant revenue growth in the past year, adding dozens of brands to its client base. The company uses a combination of machine learning and intelligence tools to prevent phishing attempts. Its platform integrates with popular email services and benefits from insights shared by certified analysts. Ironscales offers various products, including IronShield for cloud-based protection, IronSights for anomaly detection, IronTraps for incident response, and IronSchool for security awareness training. The company plans to double its headcount in the coming months.
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IRONSCALES Email Security Platform Now Prevents Fake Login Pages Designed to Steal User Credentials
IRONSCALES, a phishing prevention platform, has announced the ability of its anti-phishing technology to prevent phishing attacks masquerading as fake login pages. The platform has added mailbox-level advanced malware and malicious URL detection to provide continuous inbound protection for phishing emails. The company has also enhanced its prevention layer and adaptive self-learning AI to automatically detect new phishing sites in real-time. IRONSCALES will now automatically block access to verified malicious URLs and share information with open-source anti-phishing websites. The platform combines technical controls and end-user controls to block phishing attacks and detect sophisticated attacks at the mailbox-level. IRONSCALES is headquartered in Tel Aviv, Israel.
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IRONSCALES AI Powered Anti Phishing Threat Protection Platform Now Accessible on Mobile for Attack Analysis & Remediation Anytime, Anywhere
IRONSCALES, the automated phishing prevention, detection, and response platform, has announced the availability of its AI-powered anti-phishing threat protection platform on mobile devices through Android and iOS apps. This move allows security analysts to access the platforms incident response center while on-the-go, enabling them to make time-sensitive decisions on phishing mitigation and resolve incidents immediately. The app release is part of IRONSCALES commitment to innovation in the email security industry. The platform combines micro-learning phishing simulation, advanced anomaly detection, real-time defense from malware and phishing attacks, automated phishing forensics, and AI-driven virtual security. By providing protection at every stage of an email phishing attack, IRONSCALES aims to reduce the time from detection to response from hours or days to seconds or minutes.
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Ironscales Launches Themis AI Assistant to Improve Email Security
Email security firm Ironscales has announced its Themis artificial intelligence powered security assistant technology, which aims to defend against phishing attacks. Themis uses machine learning algorithms trained on years of decisions from the Ironscales Federation phishing intelligence module. The technology mimics the operations of human security analysts to identify phishing emails that bypass the IronTraps incident response platform. Ironscales already provides human analysts with information about potential threats, and Themis makes use of data collected over the past four years to make good judgments on potential email security incidents. The core IronTraps platform resolves 85% of email phishing incidents, with Themis providing forensic data for the remaining 15%.
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IRONSCALES Bolsters Its Advanced Phishing Threat Prevention Platform With Non-Blocking Cloud-Native API Deployment
IRONSCALES, a phishing prevention, detection, and response platform, has announced the availability of non-blocking cloud-native API deployment for its anti-email phishing modules. The platforms solutions can now be installed on any mobile device and tablet using G-Suite and MS Office 365 with a seamless two-click implementation process. This deployment eliminates the need to change DNS MX records and ensures maximum deliverability of non-malicious emails. The platform integrates with G-Suite and Microsoft Office365 environments and offers protection at every stage of an email phishing attack. This development is expected to have a positive impact on the growth of IRONSCALES.
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Ironscales selected to prestigious microsoft scaleup program VanillaPlus - The global voice of Telecoms IT
Ironscales has been selected to participate in Microsofts ScaleUp Program in Tel Aviv, providing access to sales, marketing, and technical support. The program aims to help Ironscales mature and achieve rapid scale. Ironscales technology integrates with Microsoft Office365 environments to enhance anti-phishing and email security. The platform offers protection at every stage of an email phishing attack, reducing the time for remediation. After the program, Ironscales will join Microsofts Global Alumni community of founders. This partnership with Microsoft will shape Ironscales go-to-market strategy and support its mission to deliver robust phishing solutions.
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IRONSCALES Advanced Phishing Threat Protection Platform Named Top Innovation in Spear Phishing Market
IRONSCALES, a phishing prevention, detection, and response platform, has been recognized as a top innovation in the spear-phishing market by Markets&Markets. The platforms advanced technology was praised for its breadth of offerings, features, and functionalities. IRONSCALES also earned runner-up recognition in the information security category of the Tech Trailblazers Award and is a finalist for the Best Emerging Technology category of the SC Magazine Awards. The platform combines human intelligence with machine learning to automatically prevent, detect, and respond to phishing attacks in real-time. It offers multi-layered protection and reduces the time from attack discovery to remediation. IRONSCALES is headquartered in Tel Aviv, Israel.
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Phishing Prevention Leader, IRONSCALES, Concludes Transformative 2017 with Record Customer Growth & Global Recognition
IRONSCALES, a cybersecurity company, experienced significant growth in customer bookings in 2017 due to the increase in spear-phishing and email spoofing attacks. The company combines human intelligence with machine learning to detect and prevent phishing attacks. In addition to revenue growth, IRONSCALES secured a $6.5 million Series A funding round led by K1 Investment Management, LLC and hired new staff members. They also launched a new product called IronSights, an anti-impersonation social engineering prevention technology. IRONSCALES was recognized by Q3 Momentum Partners and won several awards for its cybersecurity solutions. The company aims to reduce the time from phishing attack discovery to remediation through its automated approach.
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Phishing prevention co IRONSCALES raises $6.5m
IRONSCALES, an Israeli automated phishing prevention, detection, and response company, has completed a $6.5 million Series A financing round led by K1 Investment Management, LLC. The company plans to use the investment to accelerate its channel partner program, expand its global sales team, and expedite R&D for its machine learning threat detection technologies. IRONSCALES will also open a US office in Atlanta in the first quarter of 2018. The companys multi-layered and automated approach to phishing prevention helps organizations mitigate the risk associated with phishing attacks. IRONSCALES customers can reduce the time from email phishing attack discovery to enterprise-wide remediation from days, weeks, or months to just seconds. The company has raised more than $8 million since 2015 and has been recognized as one of the top 10 cybersecurity companies to watch.
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IRONSCALES Discovers and Remediates Sophisticated Gmail and Google Docs Phishing Attack
IRONSCALES successfully detected and remediated a phishing attack for its customers. The attack compromised millions of Google apps users worldwide. IRONSCALES automated email phishing response technologies are uniquely suited to identify and remediate all types of phishing attacks. Several hundred mailboxes were remediated in this specific attack. IRONSCALES provides a multi-layered approach to prevent, detect, and respond to email phishing attacks. Their email security products include IronTraps, IronSights, Federation, and IronSchool. IRONSCALES is the leader in anti email phishing technologies.
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IronScales Collects $1.5 Million in Seed Funding to Protect Enterprises from Phishing Cyber Crimes
IronScales now Gives all Google Clients Accelerated Phishing Mitigation
IronScales, a provider of phishing mitigation technology, has added a feature for Google for Business Email and Gmail users that accelerates the mitigation of phishing attacks. The feature allows qualified employees to immediately report suspicious emails, protecting the entire organization against incoming threats. IronScales reduces the impact of cybercrime by creating awareness and proactive behavior from every employee. The new feature significantly increases the ability of SMB/Es and enterprises to benefit from IronScales technology. The button triggers a complete chain reaction to protect the organization against various types of attacks. IronScales is also compatible with Microsoft Office Outlook Client.
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