Egress acquires anti-phishing provider Aquilai to strengthen its email security platform
Safety start Egress Software Technologies Ltd. today revealed that it has acquired anti-phishing email provider Aquilai Ltd. for an undisclosed price to strengthen its Intelligent Email Security platform.
Founded in 2017 by artificial intelligence scientists and security experts to solve phishing, the company offers software to protect against phishing attacks. The company says its Ajax Intelligence service is the only solution on the market that has been guided by UK Cyber Intelligence and is ideal for small to medium businesses and businesses that use cloud-based messaging like Office. 365 and G-Suite.
Aquilai’s technology blocks all targeted email attacks in the cloud, including attempts to compromise work email, spear phishing and impersonation. For Egress, the acquisition of Aquilai strengthens the company’s existing email security platform, which solves organizations’ most complex cybersecurity challenge: insider risk.
Combined, the two companies’ technologies will provide machine learning and natural language processing to detect all phishing attacks as well as content and context analysis for inbound email traffic. The combined solution also offers streamlined user engagement for increased cybersecurity awareness among employees.
The acquisition of Aquilai comes at a time of rapid growth for Egress which includes new hires to its management team, new product enhancements and the opening of an office in New York. As part of the deal, Jack Chapman, chief technology officer of Aquilai, will join Egress as vice president of threat intelligence.
“The powerful combination of Egress and Aquilai will provide customers with protection against all inbound cyber attacks targeting employees and real-time outbound email security for shared data, including accidental data loss and encryption emails, “Egress said in a statement. “With the growing number of targeted phishing attacks across multiple verticals and enterprise organizations, security managers need a smart, non-disruptive email security solution that detects and thwarting multi-vector exploits. day zero attacks. “
The acquisition is effective immediately. It is unknown how much Aquilai raised on its acquisition, but LORCA, a startup accelerator in the UK, is a known investor and society too has received a Cyber Accelerator grant from the UK’s National Cyber Security Council.