Armorblox,
a cybersecurity innovator that helps organizations communicate more
securely over email, announced a strategic technology partnership
with Intermedia,
a leading developer of cloud communications, collaboration,
productivity, email, and email security solutions for businesses and the
partners that serve them, to protect customers from advanced email
attacks that target potentially vulnerable users. Armorblox technology
powers AI Guardian, included with Intermedia Email Protection, to detect
and alert users to sophisticated email attacks that weaponize the
context of communications to steal money and data.
With
the world entering an age of hybrid work, people can accomplish great
things from anywhere and are embedded in scores of digital workflows.
Most of those workflows involve email and can potentially be hijacked by
cybercriminals using impersonation and social engineering techniques to
bypass traditional email security layers. In the 2020 Internet Crime
Report, the FBI reported receiving 241,342 phishing-related complaints
in 2020, a 110% increase over the previous year. The same report also
cited $1.86 billion in reported losses due to Business Email Compromise
(BEC) and Email Account Compromise (EAC) attacks.
Powered
by Armorblox, AI Guardian analyzes thousands of signals across
identity, behavior, and language to help stop these advanced email
attacks. By integrating these advanced capabilities into Intermedia
Email Protection, Intermedia offers businesses of any size highly
effective security with a new layer of enterprise-level AI-based
security that is affordable, reliable, easy to use, and specifically
designed to stop targeted attacks that are intended to evade traditional
detection. AI Guardian also helps prevent sensitive data like PII and
PCI from falling into the wrong hands over email.
"Our
mission at Armorblox has always been to make modern email security
accessible to as many businesses as possible," said DJ Sampath,
co-founder and CEO of Armorblox. "The partnership with Intermedia
enables us to serve tens of thousands of businesses and counting across
industries and sizes. This wealth of threat data also feeds back into
our platform algorithms, lending unprecedented visibility into email
threats seen in the wild."
"Integrating
AI Guardian into our email security architecture adds a new level of
protection to our robust email security strategy," said Alex Smith,
Intermedia VP of Product Security and Analytics. "BEC and related
attacks represent a dangerous new class of cyberthreats that are easy to
execute and hard to detect. With Armorblox's unique Natural Language
Understanding approach, we are able to better serve our customers by
helping identify and stop threats that hide their payload within email
language and context."
"Our
decision to invest in Armorblox was driven by the magnitude of the
customer problem and how the platform combined true enterprise-grade
security with consumer-grade simplicity to solve the problem," said T.J.
Rylander, General Partner at Next47. "Email risk is a bottom-line
concern for every company, and we are delighted for Armorblox to join
forces with Intermedia to cast its protective net far and wide."