Cofense Makes it Easier to Boost Resiliency Against Phishing Attacks with Enhancements to its Security Awareness and Conditioning Solutions

Continued innovation around security awareness provides customers with the most comprehensive phishing defense program on the market

LEESBURG, VA. – April 05, 2018 – Cofense™, the leading provider of human-driven phishing defense solutions worldwide, today announced industry-first product enhancements to its security awareness and phishing simulation solutions. With Cofense PhishMe™, organizations can easily implement a collective human phishing defense program that mobilizes their entire work force in the fight against phishing attacks. 

Doubling Down on PhishMe with New Features and Awareness Focus

Back in 2008, Cofense™ (PhishMe®) pretty much invented the phishing awareness industry when we unveiled the first phishing simulation program for businesses. Cofense PhishMe™ made it easy to condition employees to recognize and report phishing emails and today, over 27 million (and counting) end users in 160 countries, including employees at half the Fortune 100, rely on our expertise.

Cofense Pioneers New Phishing Simulation Certification Program for Security Awareness Professionals

Global leader in phishing defense unveils the first-and-only industry certification for phishing simulation programs

LEESBURG, VA – March 29, 2018 – Cofense TM, the leading provider of human-driven phishing defense solutions worldwide, today introduced Cofense PhishMeTM Certification for professionals who administer phishing simulation programs to safeguard their organizations against email-based attacks. Cofense created the phishing simulation industry by launching its Cofense PhishMe solution in 2008. The company continues to pioneer in this market segment by unveiling the first and only phishing simulation certification program of its kind.  

Become the First Security Awareness Professional to be Fully Certified in Phishing Simulation Programs with Cofense

Want to boost your anti-phishing and your professional creds? Now you can, in just a few hours and on your own schedule.

Cofense™  is pleased to announce the Cofense PhishMe™ certification, the industry’s first and only professional certification for phishing simulation programs. It’s your chance to fully master Cofense PhishMe, our award-winning phishing awareness training solution, while becoming a certified expert in phishing simulation programs.

As Mobile Email Access Increases, Cofense™ Introduces Mobile Device Reporting as Latest Innovations in the Fight Against Phishing Threats

Cofense continues to improve the ability to condition employees to phishing attacks and provide the ability to report from anywhere

LEESBURG, VA. – March 28, 2018 – Cofense™, the leading provider of human-driven phishing defense solutions worldwide, today announced product feature innovations to Cofense PhishMe™ and Cofense Reporter™ to better fight the escalating threat of phishing attacks.

Over half of European companies unprepared for email-based cyberattacks

Research shows that European companies receive more suspicious emails than their US counterparts

London, UK – March 27, 2018 – Today Cofense™, the leading provider of human-driven phishing defence solutions worldwide, announced the results of its European-wide Phishing Response Trends Report, which looked at the phishing response strategies of IT security decision-makers across a variety of industries throughout Europe. The report found that 45 percent of European countries are not prepared for a phishing attack, despite 78 percent of IT professionals having dealt with a security incident originating from a deceptive email. This was significantly lower than the 66 percent in the US that had dealt with a similar incident.

Triple threat: This phishing campaign used 3 separate vectors.

BY DARREL RENDELL AND MOLLIE HOLLEMAN

Cofense IntelligenceTM rarely sees a weaponized document that contains three separate vectors to launch an embedded payload. However, we recently observed a small phishing campaign that distributed an RTF which abuses two vulnerabilities and leverages social engineering in an attempt to execute a FormGrabber payload on the victim’s machine.

Cofense Named Winner in the 14th Annual Info Security PG’s 2018 Global Excellence Awards®

Winners will be honored in San Francisco on April 16, 2018 during the annual red carpet awards dinner and presentation

LEESBURG, VA. – March 02 2018 –  Cofense™, formerly PhishMe®, today announced that it has been named a winner in the 14th Annual 2018 Info Security PG’s Global Excellence Awards® by Info Security Products Guide, the industry’s leading information security research and advisory guide. These prestigious global awards recognize cybersecurity and information technology vendors with advanced, ground-breaking products, solutions, and services that are helping set the bar high for others in all areas of security and technologies.

In addition to being recognized as a Gold Trophy Winner, Cofense (a company with 100-499 employees) was recognized in the following categories:

  • Gold winner: Best Deployments in U.S.A
  • Bronze winner: Managed Security Services
  • Silver winner: Security Training and Educational Programs

In addition to its solutions being recognized, Cofense employees were also acknowledged for their contributions throughout the last year. Rohyt Belani was recognized as a gold winner in the CEO of the Year category, Aaron Higbee won silver for CTO of the Year and Angela Olson, director of Customer Support, won gold in the Customer Service Department category.

“We are proud to be recognized as a leader by Info Security Products Guide in such a wide range of categories,” says Rohyt Belani, CEO and co-founder of Cofense. “These wins come on the heels of our exciting rebrand and acquisition announcement, and we couldn’t be more excited to build on this momentum and continue to focus on strengthening our portfolio of security solutions.”

About Info Security PG’s Global Excellence Awards

Info Security Products Guide sponsors the Global Excellence Awards and plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources and assets. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow’s technology today, best deployment scenarios, people and technologies shaping cyber security and industry predictions & directions that facilitate in making the most pertinent security decisions. Visit www.infosecurityproductsguide.com for the complete list of winners.

About Cofense

Cofense™, formerly PhishMe®, is the leading provider of human-driven phishing defense solutions world-wide. Cofense delivers a collaborative approach to cybersecurity by enabling organization-wide engagement to active email threats. Our collective defense suite combines timely attack intelligence sourced from employees with best-in-class incident response technologies to stop attacks faster and stay ahead of breaches.  Cofense customers include Global 1000 organizations in defense, energy, financial services, healthcare and manufacturing sectors that understand how changing user behavior will improve security, aid incident response and reduce the risk of compromise.

PhishMe® Acquired by Private Equity Syndicate and Rebrands as Cofense™

The Deal Valuing the Company at $400 Million Reinforces the Company’s Unique Vision, Innovation, and Execution

LEESBURG, VA. – February 26, 2018 PhishMe®, the leading provider of human-driven phishing defense solutions world-wide, today announced that the company has been acquired and has changed its name to Cofense™. The acquisition by a private equity consortium valued the company at $400 Million.

“PhishMe was founded to challenge the cliché that people are the weakest link in security. Our 1700+ enterprise and mid-market customers affirm that not only can their employees be conditioned to be less susceptible to cyber-attacks, but, in fact they can be turned into sensors that provide very timely intelligence,” said Rohyt Belani, CEO and Co-Founder of Cofense. “The Cofense solution set leverages internal employee-generated attack intelligence in concert with purpose-built response technologies to break the attack kill chain at delivery. Cofense reflects the full breadth of our portfolio of enterprise-wide attack detection, response, and orchestration solutions.”

Cofense now has the added backing of multiple private equity firms to support future innovation via organic and inorganic growth initiatives. With hundreds of enterprise customers in more than 50 countries and across 23 industry verticals, Cofense will continue to deliver leading solutions in phishing defense by offering solutions that sit at the intersection of human intelligence and technology.

“This acquisition further strengthens the alignment between our management team, employees, and investors as we focus on building an enduring company,” continued Rohyt Belani. “With cybersecurity a top priority for organizations everywhere, our goal is to continue bringing innovative products to markets around the globe to help stop active attacks faster than ever.”

The new identity and acquisition comes on the heels of another year of explosive growth for the company, with major milestones including:

  • Approximately 80% revenue CAGR over the last four years.
  • PhishMe Reporter® deployments on over 10 million end users’ work stations.
  • Launch of an industry-first free simulation tool, PhishMe Free™, geared towards the SMB market
  • Continued global expansion with new offices opening in Australia, Singapore, and Dubai.
  • Expanded partnerships through its Technology Alliance Program (TAP), adding 14 of the world’s leading security providers as partners to help customers maximize their return on investment.

Cofense’s unique approach and stellar management team won a number of industry accolades in 2017, including:

  • Being positioned as a leader in the 2017 Gartner Magic Quadrant for Security Awareness Computer-Based Training.
  • Ranked for a third year running in the Deloitte Fast 500.
  • Recognized as a 2017 Fastest Growing Company and a Best Place to Work by Washington Business Journal.
  • PhishMe CEO and Co-Founder, Rohyt Belani, received the EY Entrepreneur of The Year® Award in the Security category in the Mid-Atlantic region, was named a 2017 Washington Business Journal 40 under 40 honoree, and a 2017 Tech Titan by Washingtonian Magazine.
  • PhishMe CTO and Co-Founder, Aaron Higbee, was named a 2017 Loudoun Business Journal 40 under 40 honoree, and a 2017 Tech Titan by Washingtonian Magazine.

Cooley LLP served as Cofense’s outside legal counsel, and Boston Meridian served as the company’s financial advisor for the acquisition. Learn more at phishme.com.

About Cofense

Cofense™, formerly PhishMe®, is the leading provider of human-driven phishing defense solutions world-wide. Cofense delivers a collaborative approach to cybersecurity by enabling organization-wide engagement to active email threats. Our collective defense suite combines timely attack intelligence sourced from employees with best-in-class incident response technologies to stop attacks faster and stay ahead of breaches.  Cofense customers include Global 1000 organizations in defense, energy, financial services, healthcare and manufacturing sectors that understand how changing user behavior will improve security, aid incident response and reduce the risk of compromise.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. Cooley has 900 lawyers across 12 offices in the United States, China and Europe. Cooley partner Andy Lustig led the M&A team advising Cofense.

About Boston Meridian

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology.