Leesburg anti-phishing tech company Cofense buys Israeli firm
Cofense plans to use Cyberfish's AI tools to battle phishing emails
Leesburg-based tech firm Cofense, which specializes in phishing detecting and response solutions, announced Wednesday that it has acquired Israel-based Cyberfish, a company that provides artificial intelligence-based technology to battle phishing emails and websites.
Financial details of the transaction were not disclosed. According to a news release, Cofense plans to use the data it has gathered on phishing “to train and evolve Cyberfish’s machine-learning algorithms to block malicious emails in real time.”
“Together, Cofense and Cyberfish will offer a one-stop shop for an organization’s email security needs, eliminating the need for many expensive and slow-to-deploy legacy solutions,” said Cofense CEO and co-founder Rohyt Belani in a statement. “With organizations increasingly working to consolidate technology vendors, we are laying the groundwork to support our customers in this endeavor and maintain the high quality they expect in whatever solutions they adopt. This includes our ongoing commitment to the MSP ecosystem Cyberfish has developed. Disrupting the email security market is in Cofense’s DNA, and we look forward to advancing phishing detection and response capabilities for more organizations and MSPs in 2021.”