Barracuda Networks, a provider of cloud-enabled security solutions, has acquired social engineering simulation and training vendor PhishLine, giving the company additional capabilities to fight email-based phishing and improve customers' network security.
Financial details of the deal were not revealed.
Each company brings something to the table to help enterprises fight phishing issues.
Combining Barracuda's AI-driven protection against phishing and spear phishing with PhishLine's training and simulation platform gives customers comprehensive defense against email-borne targeted attacks and social engineering.
As the primary communications mode for many businesses, email not surprisingly has become the most targeted threat vector, requiring a two-layer approach to prevent breaches: security technology and a human layer of defense. PhishLine's data analytics and reporting will allow customers to measure and report on risks across both of these layers.
Barracuda combines gateway security, data protection, AI-based targeted threat protection and user awareness training to deliver protection against email-borne threats.
"Security awareness training is an important and quickly evolving area, particularly with increasingly targeted attacks making the human element a critical link in the security value chain," said BJ Jenkins, president and CEO of Barracuda, in a release.
Security experts say email phishing attacks are a growing concern.
According to a Symantec study, email poses a dangerous and efficient threat to users: 1 in 131 emails contain malware. Further, Business Email Compromise (BEC) scams, relying on spear-phishing emails, target over 400 businesses every day, draining $3 billion over the last three years.