Mimecast – an advanced email and collaboration security company – recently announced its acquisition of Elevate Security, a provider of human risk management solutions. This acquisition strengthens Mimecast’s offerings by providing proactive insights and deeper visibility into human behaviors and risk, helping customers better protect the digital workplace. The financial terms of the deal were not disclosed.
The Elevate Security security platform has the flexibility to ingest human behavior and context data from various sources. Then, it flags high-risk people using a precision risk-scoring algorithm. Combined with tools like Mimecast’s Awareness Training, these capabilities can help drive targeted intervention and training that reduces overall company risk and exposure. And the capabilities that Elevate Security’s technology powers – combined with Mimecast’s portfolio of products – demonstrate a continued commitment to leading customers through the next generation of human risk management.
Mimecast will continue maintaining and supporting the existing Elevate Security customer base. And the integration process has begun, and customers can expect to start seeing some of the new technology integrated into Mimecast products in upcoming quarters.
Since 2003, Mimecast has stopped bad things from happening to good organizations by enabling them to work properly. We empower over 40,000 customers to help mitigate risk and manage complexities across a threat landscape driven by malicious cyberattacks, human error, and technology fallibility. And the advanced solutions provide the proactive threat detection, brand protection, awareness training, and data retention capabilities that evolving workplaces need today. Mimecast solutions are designed to transform email and collaboration security into the eyes and ears of organizations worldwide.
KEY QUOTES:
“People, communications and data are core to every organization and artificial intelligence has accelerated cyber criminals’ ability to exploit these essential elements for their own gain. People are historically the largest vulnerability in an organization but can also be the strongest line of defense if given the right tools and education. That’s our goal with this acquisition and core to our work – manage risk by understanding human behavior in the context of a complex environment and then acting on it.”
— David Raissipour, Chief Technology and Product Officer at Mimecast
“Elevate Security prides itself on being one of the first human risk platforms to help organizations identify high-risk people and automate responses and safeguards, and we have long admired Mimecast’s commitment to changing user behavior to enhance protection. We have no doubt that our combined strengths will help break new ground that changes the security conversation.”
— Robert Fly, CEO and Co-Founder Elevate Security
