Email security firm Cofense has acquired Cyberfish, a phishing protection company powered by machine learning. Terms of the transaction were not disclosed.
Cofense hopes to offer “a one-stop shop for an organization’s email security needs, eliminating the need for many expensive and slow-to-deploy legacy solutions,” states Rohyt Belani, CEO and co-founder of Cofense.
This is occurring as firms accelerate their migration to cloud email services from Microsoft 365 and Google Workspace, the company says.
Specifically, Cofense seeks to attract firms looking for a move from Proofpoint, Mimecast, Symantec or Cisco, the firm says, as organizations are "increasingly working to consolidate technology vendors," Belani adds.
In addition, Cofense technology will be also used to “train and evolve Cyberfish’s machine-learning algorithms to block malicious emails in real-time,” Belani continues.
Cyberfish’s technology is being deployed as part of the Cofense Managed PDR service.
Dima Kagan, CEO and co-founder of Cyberfish, says the firms "share the same vision for revolutionizing the email security market, which includes addressing the business requirements of MSPs and enterprises offering advanced email protection beyond Microsoft and Google."