Global leader in enterprise phishing defense and intelligence unveils highly anticipated update to help organizations resist Ransomware, Business Email Compromise (BEC) and other timely threats
LEESBURG, VA – London, UK – June 8 2016 – PhishMe Inc., the leading provider of human phishing defense solutions, announced today the integration of critical content into PhishMe Simulator™ to help prepare employees for trending phishing attacks and damaging payloads. The Active Threats update allows operators to quickly utilize phishing templates based on current real-world attacks that are targeting organizations, such as Business Email Compromise (BEC) and Ransomware. Simulating these types of attacks ensures users are aware of the new techniques used by phishers and empowers operators with a resource to combat new threats early on.
Based on intelligence gathered by PhishMe Research, the new phishing email simulations represent the most pertinent and recent phishing attacks, and evolve as new and different methods are utilized by the threat actors. Current simulations include the most dangerous phishing attacks today Business Email Compromise and Ransomware.
Business Email Compromise: According to the latest alert issued by the FBI, enterprises have lost more than $2.3 billion to Business Email Compromise (BEC) attacks. A BEC scheme typically targets companies working with foreign suppliers and employees who regularly perform wire transfers.
Attackers are known to go after employees who manage money by spoofing senior management email addresses and using language specific to the company they are targeting as they request a wire fund transfer using dollar amounts that lend legitimacy.
Ransomware: Ransomware locks your computer screen and prevents you from accessing files until a ransom is paid and, according to the FBI, criminals are netting an estimated $150 million a year through these scams. Ransomware is a growing concern for companies of all sizes and in all industries. The recently released PhishMe Q1 Malware Report revealed that ransomware payloads comprised 93% of all phishing emails analyzed in March 2016 as compared to 8% in October 2015.
“It’s near impossible for enterprises to expect their employees to recognize and resist constantly evolving, increasingly sophisticated phishing attacks,” said Rohyt Belani, CEO and Co-Founder of PhishMe. “Active Threats equips PhishMe Simulator operators with the most relevant, critical examples to keep all employees up to speed with new phishing attempts. It’s a real-time inoculation to build immunity against the most relevant threats at the time.”
PhishMe Simulator was designed to condition employees to recognize and report malicious phishing email that bypasses technology layers. By empowering employees as the last line of defense, organizations improve their ability to fight prolific cyber threats before they infiltrate the network and suffer data loss.
PhishMe will be demonstrating their new Active Threats capabilities alongside their human phishing defense suite this week at Infosecurity Europe in London, UK – June 7th – 9th 2016.
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.