NEW YORK, February 29, 2016 — Return Path, the leading email data solutions provider, and GreatHorn, the world’s leading cybersecurity platform for detecting and preventing spear phishing attacks, today announced a global partnership to defend against the growing problem of Business Email Compromises (BEC) facing enterprises today.
Offering protection for the two market leaders in cloud-based email gateways (Microsoft Office 365 and Google Apps), GreatHorn’s unique solution merges an expert detection system for fraudulent activity inside of cloud communication channels with a dynamic machine learning platform that can catch even the most subtle attempts to deceive business users. Messages deemed fraudulent are then automatically removed from the inbox.
The agreement also includes a unified approach to worldwide sales, deployment and support, thereby helping to ensure the best possible end-to-end experience for customers. This partnership allows Return Path customers to address both inbound and outbound email threats with one unified solution, through a combination of authentication, reputation and heuristics checks, and fully automated, real-time threat detection and remediation.
“GreatHorn’s technology makes it easy for businesses to protect against account compromise, reduce the risk of fraudulent wire transfers and financial transactions, and meet regulatory requirements,” said Rob Holmes, General Manager, Email Fraud Protection at Return Path. “Simply put, it puts enterprises back in control by giving them the tools to protect themselves against multi-million dollar losses, data theft and negative impact to brand and reputation.”
Organizations are targeted everyday by cyber criminals and hackers. The FBI recorded a 270% increase in reported global losses from BEC scams from January to August 2015. With 97% of people unable to identify a sophisticated phishing email, this partnership takes the guesswork away from the end user.
Kevin O’Brien, GreatHorn CEO and co-founder, commented: “As we move into 2016, complacency around email security is no longer an option. Spear phishing incidents—already the cause for 97% of all data breaches—are becoming both more frequent and more costly. By combining GreatHorn’s depth of data and Return Path’s unparalleled email threat sources, we can uniquely offer companies a single and powerful solution that makes email safe for employees and customers alike.”
About Return Path
Return Path analyzes the world’s largest collection of email data to show businesses how to stay connected to their audiences, strengthen their customer engagement, and protect their brands from fraud. Our data solutions help analysts understand consumer behavior and market trends. We help mailbox providers and security providers around the world deliver great user experiences and build trust in email by ensuring that wanted messages reach the inbox while spam and abuse don’t. For more information on Return Path’s Email Fraud Protection solution, visit returnpath.com/StopEmailFraud or follow us on Twitter @StopEmailFraud.
GreatHorn, the leading cybersecurity provider for cloud communication systems, offers the only completely automated spear phishing and credential theft protection system. Natively integrated with Google Apps and Office 365, GreatHorn provides the world’s first complete and full real-time spear phishing detection and remediation, with no changes to mail routing. Typically deploying in under 20 minutes, GreatHorn analyzes and protects millions of messages every day. Learn more at www.greathorn.com.