Cloudflare | February 24, 2022
Cloudflare, Inc. a security, performance, and reliability firm striving to build a better Internet, has agreed to buy Area 1 Security. Area 1 Security's cloud-native software, which integrates with any email provider, prevents phishing assaults by detecting and deleting them before they can cause harm in the workplace. As a result, the organization stopped more than 40 million harmful phishing operations in 2021 alone, including business email compromise, malware, ransomware, and other advanced threats.
“Email is the largest cyber-attack vector on the Internet, which makes integrated email security-critical to any true Zero Trust network. That’s why today we’re welcoming Area 1 Security to help make Cloudflare’s platform the clear leader in Zero Trust, To us, the future of Zero Trust includes an integrated, one-click approach to securing all of an organization’s applications, including its most ubiquitous cloud application, email. Together, we expect we’ll be delivering the fastest, most effective, and most reliable email security on the market.”
Matthew Prince, co-founder, and CEO of Cloudflare
Malicious phishing attacks, especially business email intrusion, are the most costly, according to the FBI's Internet Crime Complaint Center 2020 Internet Crime Report, with U.S. businesses losing more than $1.8 billion. For example, the JPMorgan Chase breach, in which a phishing attack impacted 76 million households and 7 million small businesses; SolarWinds, in which phishing led to the compromise of 18,000 customers, including multiple government agencies; Sony Pictures, in which a phishing attack reportedly resulted in the theft of more than 100 terabytes of proprietary data; and the United States elections, in which phishing has been cited as the cause of damage inflicted "The biggest challenges with email are its ubiquity and our readiness to trust it," Forrester says. Everyone has an email account, and many of them have many accounts, making it an easy target for hackers." As a result, businesses of all sizes must explore how to incorporate email solutions into their broader security stack and strengthen it with global threat intelligence. As a result, email continues to be an attractive entry point for increasingly sophisticated cyberattacks.
Research Director for IDC’s Network Security Products and Strategies, Chris Rodriguez, notes, "Email is often the largest cloud application for any organization; and also represents the largest attack vector. Instead of viewing email security as a standalone issue, more businesses realize that it needs to be part of their holistic security strategy. The combination of Cloudflare and Area 1 Security offers customers a uniquely differentiated and comprehensive Zero Trust offering with coverage across the entire threat lifecycle."
“Today, email is a business’ most-used cloud application. It's unfortunately unprotected. We estimate that more than 90% of cyber security damages are the result of just one thing: phishing," said Patrick Sweeney, CEO, and President of Area 1 Security. "By combining our leading phishing protection and threat intelligence capabilities with Cloudflare’s global network, data capabilities, and Zero Trust platform, we truly believe that together we can help companies of any size better secure their entire network infrastructure and better protect against the most destructive cyber risks.”
In 2021, Cloudflare launched its Advanced Email Security Suite, which includes creating bespoke email names, managing incoming email routing, and preventing email spoofing and phishing on outgoing emails. Because Cloudflare's global network blocks an average of 86 billion cyber threats per day, it has unique threat intelligence data that can help it better filter out targeted phishing attacks (spear phishing) and other security threats that legacy email security solutions and API-only email security offerings may miss. Area 1 Security has long adopted a proactive approach to email security to halt phishing operations in their infancy. The two businesses will create a complete Zero Trust solution that clients may enable through Cloudflare's global edge by combining Area 1 Security's highly scalable technology and years of experience in email protection with Cloudflare's worldwide network.
Cloudflare will pay $162 million for Area 1 Security, subject to normal adjustments, with 40-50 percent of the amount paid in Cloudflare's Class A common stock and the rest paid in cash. The transaction is expected to close in the first half of 2022, subject to usual closing conditions.
businesswire | December 16, 2020
NETSCOUT SYSTEMS, INC a main supplier of administration affirmation, security, and business examination, today reported the expansion of its Smart Perimeter Protection to AWS. The blend of NETSCOUT's Cyber Investigator (NCI) and CyberStream programming with new AWS parcel access administrations contains costs and accomplish better efficiencies in moderating novel security dangers as undertakings move applications to the cloud. As the danger surface extends, the arrangement utilizes parcel information and incredible digital examination to get to the main driver of network protection issues rapidly.
NETSCOUT has teamed up with AWS on bundle access arrangements by acquainting numerous imaginative ways with access parcel traffic for network safety and end-client experience use cases. This incorporates the as of late declared Gateway Load Balancer (GWLB), which gives commonsense, reasonable, and adaptable admittance to parcel traffic for security and execution the board. Utilizing GWLB, clients can coordinate traffic from any Virtual Private Cloud (VPC) to CyberStream and Cyber Investigator without leaving the cloud. The new Smart Perimeter Protection arrangement consistently coordinates with AWS.
“NETSCOUT is committed to providing the most cost-effective and consistent visibility and control regardless of where an application runs,” said Paul Barrett, CTO, Enterprise, NETSCOUT. “NCI and CyberStream extend security forensics capabilities into the cloud, unlike any other solution. Armed with NETSCOUT’s smart data, security, and IT operations teams benefit from a shared perspective and a cost-effective solution that scales to the needs of the cloud.”
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) helps assure digital business services against disruptions in availability, performance, and security. Our market and technology leadership stems from combining our patented smart data technology with smart analytics. We provide real-time, pervasive visibility and insights customers need to accelerate and secure their digital transformation. Our approach transforms the way organizations plan, deliver, integrate, test, and deploy services and applications. Our nGenius™ service assurance solutions provide real-time, contextual analysis of service, network, and application performance. Arbor Smart DDoS Protection by NETSCOUT products help protect against attacks that threaten availability and advanced threats that infiltrate networks to steal critical business assets. To learn more about improving service, network, and application performance in physical or virtual data centers, or in the cloud, and how NETSCOUT’s performance and security solutions powered by service intelligence can help you move forward with confidence.
Coreio | July 20, 2021
It was officially announced that Coreio Inc. and Wembley Partners Ltd. have teamed up to support Canadian businesses to overcome various ever-growing risks of cyberattacks. Wembley Partners Ltd. Is a global cybersecurity firm providing Incident Response, Risk Assessment services, products, and Cyber Threat Intelligence to clients across Canada, the US, and the UK.
This alliance, benefitting from the combined expertise of both, is looking forward to bring in strategic cybersecurity transformation consulting, digital cyber incident management products and services, and market-leading 24/7/365 Managed Detection & Response to the Canadian market with the finest interests of their every valued client. Due to evolving post-COVID workplace arrangements, more malicious threat actors analyze and exploit the victims’ ever-growing IoT infrastructures, the threat is increasing.
Moving from reactive ad-hoc cyber threat mitigation to around-the-clock, proactive defense
for Canadian companies in high-risk industries quickly becomes vital for long-term prosperity and survival, assuring stakeholders, customers, and business partners. As Canada quickly makes its way up the list of Top 10 countries targeted by cyberattacks, the timing is crucial.
Across North America, Coreio Inc. is a leading services provider that delivers Operations solutions and IT Infrastructure for enterprise-scale companies. In addition, Coreio provides various managed IT services across the data center and networking, onsite IT support, request/incident management, asset lifecycle management, and strategic IT counsel to customers concerning Operations and Infrastructure.
About Wembley Partners
Wembley Partners is a global cybersecurity products and services firm providing Intelligence-Led Penetration Testing, Strategic Risk Management consulting, bespoke Cyber Risk Advisory, and Cyber Threat Intelligence offerings to businesses across EMEA regions and North America. Their Partners come from the industries such as global financial, non-profits, healthcare, manufacturing and high-tech clients, and national governments.