Mimecast announced the acquisition of Aware, a leading AI collaboration
security platform, in a bold step toward its intent to revolutionize how
organizations manage and mitigate human-centered security risks. Financial
terms of the deal were not disclosed.
"In the modern digital workplace, businesses' most critical
data and communications live online. While email and collaboration platforms
like Slack® and Microsoft Teams are key to keeping people connected and
productive, they also pose significant risks to organizations," said Marc van
Zadelhoff, Mimecast's CEO. "The human attack surface has expanded
significantly, and legacy tools weren't built to understand the complexity of
messages, @mentions, emojis, and GIFs. It creates more vulnerability in organizations'
ecosystems, leading to security gaps, blind spots, and missing context, and
exposing businesses to the risk of regulatory fines, reputational damage, and
loss of valuable intellectual property. Aware was developed to understand,
detect, and mitigate human behavior risks in the platforms where people work
and collaborate. This forward-thinking approach and AI-powered capabilities
will help enable us to further expand our offerings and address the
intensifying risk."
"The role of humans in cybersecurity, including the
risks they pose and are exposed to, is serious but underdiscussed and
misunderstood. Efforts to manage these risks were ineffective, even with the
advent of security awareness and training (SA&T). In the past few years,
human risk management has emerged, recognizing that breaches involve a vast
array of risks and related behaviors including human error, privilege misuse,
and social engineering," according to Forrester's Human Risk Management
Solutions Landscape report (March 2024).
Aware's purpose-built platform and targeted AI models
identify the risks found within the unstructured data of workplace
collaboration tools and are designed to prevent the loss of sensitive data,
improve compliance, and mitigate human risk factors. The company's advanced
AI-powered capabilities strengthen Mimecast's existing investments in AI
models, providing state-of-the-art security and compliance for customers'
digital landscapes including impersonation detection across collaboration
channels such as Zoom, expansion of Business Email Compromise (BEC)
capabilities by incorporating multiple large language models, and enhancement
of archiving capabilities to support multiple collaboration channels.
Aware is designed to seamlessly integrate with the
collaboration tools that organizations rely on, and the key business
information and insights it gathers offer unprecedented visibility into
workplace collaboration. These capabilities broaden and deepen Mimecast's HRM
platform capabilities, especially as workplace collaboration booms and security
risks multiply.
"Businesses are facing new, dangerous security threats that
reach beyond email to everywhere employees collaborate to get work done. Adding
to the expanded attack surface, humans have become the new endpoints and the
greatest risk to any business, making critical Aware's ability to leverage AI
to understand context and behavior in conversations, and surface real-time
insider threats at scale." said Jeff Schumann, Chief
Executive Officer and Co-Founder at Aware. "AI is not a
standalone solution that can solve all cybersecurity problems. We believe the
true power of AI technology lies in the ability to leverage it to understand
the nuanced human element of threats. We're thrilled to join Mimecast and help
customers identify potential issues and opportunities within collaboration, and
better protect the collaborative worksurface."