Mimecast, announced on Monday the acquisition of threat protection solutions provider Segasec, an email and data security company.
According to Mimecast, the purchase is expected to help better defend consumers from fake websites targeted at stealing the identities of their clients, staff, suppliers, and third party vendors inside their supply chains.
Mimecast aims to provide brand exploit protection from the early stages of an attack with attackers using sophisticated techniques to target organizations in a wide range of industries by using their brands as bait.
For suspected malicious activity, Segasec uses machine learning to monitor domains on the Internet and run targeted scans to identify patterns of attack and uncover attacks. It also offers quick recovery capability for external threats, as well as the potential to limit the use of stolen data.
Mimecast plans to use Segasec’s technology to provide customers with the means of monitoring, managing, blocking and removing phishing or impersonation scams, thereby helping organizations implement a comprehensive cyber security strategy.
“Segasec will allow our customers to take a proactive approach to identifying — and even potentially preventing — attacks that imitate their brands using domains they don’t own, while also offering the visibility required to understand how their brands are being misused for malicious intent. Additionally, Segasec’s solutions strongly complement our recent acquisition of DMARC Analyzer,” Peter Bauer, chief executive officer at Mimecast, said.