The deal will help Mimecast protect its customers from phishing scams and other types of impersonation attempts.
Mimecast has bought Israeli cybersecurity startup Segasec for an undisclosed sum. The deal will add Segasec’s expertise in credential harvesting protection to Mimecast’s capabilities, allowing the vendor to monitor, manage, block and take down phishing scams or impersonation attempts.
Mimecast, with offices around the world, is headquartered in the U.S. and specializes in email security and management. Segasec uses machine learning, running targeted scans designed to identify attack patterns to help uncover live attacks and detect upcoming ones at the earliest possible stages
According to Mimecast, Segasec’s technology will be integrated with the vendor’s email and web security services to provide customers with a “comprehensive cyber security strategy.”
Prior to its acquisition, Segasec had a technology alliance with Mimecast alongside partnerships with Microsoft, Amazon Web Services, Bitdefender and Kaspersky, among others.
“Every brand is vulnerable to attacks that abuse and threaten the trust that employees, customers, partners and third party vendors have placed in them,” said Peter Bauer, chief executive officer at Mimecast, in a press release.
“Segasec will allow our customers to take a proactive approach to identifying — and even potentially preventing — attacks that imitate their brands using domains they don’t own, while also offering the visibility required to understand how their brands are being misused for malicious intent.”
Segasec CEO Elad Schulman described Mimecast’s acquisition as offering a “powerful combination” that will help customers “better protect their brands, customers as well as their own employees.”
(Eleanor Dickinson is a senior journalist for IDG Communications affiilate ARN, covering all corners of the IT channel, plus upcoming trends in the technology market.)
