Mimecast Wins at Protecting Firms of All Sizes Against Whaling
Organizations of all shapes and sizes face a significant threat from cybercriminals. But small- and mid-sized firms may face heightened risk, as they are often targets, not only themselves, but also for those trying to attack their customer base through their perceived weaknesses in the supply chain.
Indeed, the cyber threat is growing fast, with new and sophisticated attacks proving ever more difficult to defend against. Whaling email scams, for instance are up 270% from January 2015, according to the FBI – while law enforcement received reports from 17,642 victims, amounting to more than $2.3 billion in losses from October 2013 through February 2016. The FBI also reported that law enforcement globally has received complaints from victims in every U.S. state and in at least 79 countries.
The sheer scale of the threat makes it obvious that midmarket businesses must pay close attention to data security, and address the same email-related threats as larger businesses. The big difference, though, is that many in the midmarket must do so with limited budget and IT resource – which clearly makes keeping up-to-date with defence against threats like spear-phishing and whaling all the more challenging.
The truth, however, is that midmarket firms don’t need to compromise on email and data security. Mimecast helps midmarket organizations get out of the business of running email on multiple point solutions, which is costly, complex and eats up IT resources. We provide best-of-breed security, archiving and continuity services for email in the cloud that allows businesses of all sizes to get the protection they need without prohibitive cost. What’s more, our innovative Targeted Threat Protection service, offers robust defence against the very latest cyber threats – including spear-phishing and whaling.
But, midmarket firms need more than technology solutions. Limited by internal resource constraints, they also need rapid access to expert support and advice – and that is exactly what they get from Mimecast.
This combination of innovative solutions and expert support has once again been recognized by two leading midmarket IT organizations. Most recently, Mimecast won two XCellence Awards at the Channel Company’s 2016 Midsize Summit East: “Best of Show” and “Best Boardroom Case Study Presentation.”
In addition, Mimecast was named "Best Vendor, Service" at the Spring 2016 Midmarket CIO Forum. Selected by a panel of CIOs, the award recognizes Mimecast as a leader in the IT Vendor Excellence category for providing an “established service that has been exemplary in specifically meeting the needs of the midmarket.”
It’s fair to say that the contribution that mid- and smaller-companies make to the economy does not always get the recognition it deserves – and, in truth, it’s often the most exciting frontier in terms of new business practice and technology adoption. However, it’s also the front line in a security arms race of evolving threats and security response. It’s the responsibility of technology providers like Mimecast to help midmarket businesses stay one step ahead, for instance with the recent addition of whaling protection to our Targeted Threat Protection service.
Watch this video to learn how Mimecast Targeted Threat Protection can help defend your business against email-based attacks.