Leesburg anti-phishing firm makes acquisition
Leesburg-based cybersecurity company PhishMe announced Wednesday it has purchased the key assets of phishing intelligence firm Malcovery Security LLC. of Birmingham, Ala.
“The integration of Malcovery’s offerings into PhishMe’s comprehensive anti-phishing platform will boost the accuracy and value of the intelligence and response capabilities for our customers,” Aaron Higbee, PhishMe’s chief technology officer and co-founder, said in a statement.
The acquisition price was not disclosed.
PhishMe will incorporate Malcovery’s brands into its anti-phishing products. The company said it will use the added layer of malware analysis and threat intelligence in a variety of ways, including sourcing content for simulations and adding enhanced analytics and automated response to phishing incidents.
PhishMe will add Malcovery’s employees to its staff, growing its total employes to 200.
PhishMe was named to the 2015 Inc. 5000 list of the nation’s fastest-growing firms. Its revenues grew 892 percent over the past three years.