American IT software company HelpSystems recently announced the acquisition of Beyond Security and Agari as it seeks to enhance its cybersecurity portfolio.
Agari is a Software as a Service (SaaS) solutions provider for phishing security.
Beyond Security provides automated vulnerability assessment and compliance solutions using the company’s products, beSecure, beSource, beStorm, covering areas such as vulnerability scanning and management, code analysis, and black box testing.
While the financial details of the transactions have not been made public, the company stated that “The team and solutions from Beyond Security will fit into HelpSystems popular infrastructure protection portfolio featuring Digital Defense, Core Security, and Cobalt Strike.”
However, Agari helps to filter out phishing attempts through data science, machine learning, and cloud computing.
Kate Bolseth, CEO of HelpSystems, commented on the acquisition of Agari: “Cybercriminals increasingly use email as a prime way to infiltrate businesses and gain access to sensitive data and IP, causing untold damage in terms of cost and reputation. We’re thrilled to welcome Agari and their email phishing defense prowess to the HelpSystems family. Agari will be a notable asset to HelpSystems as we work together to give global customers new tools for securing their valuable data and achieving peace of mind.”
For more information, read the original story in ZDNet.