IT News Online – FINEOS improves the effectiveness of phishing defenses with Cyren Inbox Security
MCLEAN, VA / ACCESSWIRE / October 26, 2021 / Cyren (NASDAQ: CYRN), a provider of email security and threat intelligence solutions, today announced that FINEOS, a leader in life, accident and health insurance software, has reduced time and the efforts its IT team devotes to detecting and resolving sophisticated phishing threats. .
FINEOS is a leading provider of core systems for life, accident and health insurers globally with 7 of the 10 largest group life and health insurers in the United States as well as 6 of the largest life insurers in Australia. With employees and offices around the world, FINEOS continues to grow rapidly, working with innovative and progressive insurers in North America, Europe and Asia-Pacific.
Phishing and ransomware attacks against FINEOS employees are increasingly frequent and sophisticated, with highly targeted attempts to compromise work email (BEC) masquerading as executives. “It’s an arms race. The adversary is focused on getting emails into your systems 24/7. They have good resources, they don’t have budget constraints, they don’t have to worry. corporate policies and standards that organizations must adhere to. And it’s not just the employees’ responsibility to protect the business from breaches, ”says Paul Deasy, Senior IT Operations Security Architect at FINEOS.
FINEOS has selected Cyren Inbox Security to complement its existing Secure Messaging Gateway (SEG) and Microsoft Advanced Threat Protection (ATP). In testing, Cyren always found malicious emails that SEG and ATP missed, and best of all, FINEOS could automatically delete harmful emails from all affected inboxes.
After deploying Cyren in just 20 minutes, FINEOS has recovered 1 full day of IT staff per week – time previously spent investigating emails and correcting attacks in corporate inboxes. Saving time allows the FINEOS IT team to advance their strategic priorities rather than constantly responding to suspicious emails.
“We’ve seen reports showing massive spikes in phishing emails. We weren’t aware of any of this because Cyren almost immediately neutralized them rather than just bombarding us with alerts. the Eye of Sauron – he sees everything. “
Cyren Inbox Security is an easy-to-deploy solution that protects Office 365 users against sophisticated phishing attacks. It detects and eliminates spear phishing attacks, spoofed messages, BEC, CEO fraud and credential theft by constantly scanning emails, attachments and URLs for fraud in all files. Once discovered, threats are automatically remedied from each affected inbox and incident investigations are streamlined to save SOC resources. To learn more about Cyren Inbox Security, please visit the Cyren website.
More than 1.3 billion users worldwide trust Cyren’s cloud security solutions to protect themselves from cyber attacks every day. Powered by the world’s largest security cloud, Cyren (NASDAQ: CYRN) delivers rapid protection time with integrated threat detection, threat intelligence and email security solutions. Learn more at www.cyren.com.
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Kenneth Tarpey, Chief Financial Officer
THE SOURCE: Cyren Ltd.
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