Cyren Launches Incident Response Service To Help Enterprises More Effectively Remediate Phishing Attacks

Rhea-AI Summary

Cyren (NASDAQ:CYRN) has announced the launch of a 24x7 Incident Response Service integrated with its Cyren Inbox Security, aimed at enhancing phishing defense for Microsoft 365 users. With over 50,000 subscribers and more than 15 million emails analyzed weekly, this service alleviates pressure on IT teams by providing expert support for phishing incidents. Cyren's solutions are designed for ease of integration without requiring hardware or software changes. This launch comes amid a surge in phishing attacks due to increased remote work.

Positive

• Launch of a 24x7 Incident Response Service enhances Cyren Inbox Security.
• Cyren Inbox Security has over 50,000 subscribers and analyzes 15 million emails weekly.
• Service offers expert support, relieving IT teams of complexities related to phishing incidents.

Negative

• None.

Complementary Add-On Service for Cyren Inbox Security

MCLEAN, VA / ACCESSWIRE / September 15, 2020 / Cyren (NASDAQ:CYRN), a provider of email security and threat intelligence solutions, has launched a 24x7 incident response service that complements and integrates with Cyren Inbox Security, the company's next generation email security solution for Microsoft 365.

Cyren Inbox Security (CIS) is a new vision for phishing defense and provides continuous inbox monitoring, detection, response, and remediation for enterprise users of Microsoft 365. Cyren Inbox Security was launched during the second quarter of 2020 and has already exceeded 50,000 subscribed users, and is currently analyzing over 15 million emails and remediating thousands of phishing attacks on a weekly basis.

Cyren Incident Response Service is a complementary add-on service to Cyren Inbox Security that provides enterprise customers with 24x7 expert support for phishing incident investigation and response. The service relieves the burden on IT and security teams from complicated and time consuming threat investigation and response and can provide a faster, more effective response to malicious phishing attacks.

FINEOS, a global software company providing modern customer-centric core software to the life, accident and health industry, chose Cyren Inbox Security with Incident Response Service. "We used multiple email security solutions, but phishing was still a problem for us," said Paul Deasy, Technical Lead - IT Operations at FINEOS. "We chose Cyren and their incident response service so we could get the 24x7 real-time protection for any incident that may arise, and also to free up our internal IT team to focus on other priorities."

"With the huge increase in employees now working from home, phishing attacks are on the rise," said Lior Kohavi, Cyren's Chief Strategy Officer. "This is creating a massive volume of phishing cases requiring investigation from IT helpdesks. Unfortunately, the increased volume can often result in IT teams missing the more important cases and harmful malicious emails are getting through and causing real damage."

Cyren Inbox Security and Incident Response Service are available as annual subscriptions and do not require the reconfiguration of existing email security solutions, or any changes to MX records. There is no hardware to install, or software to manage, and a free trial can be configured with only five clicks. Learn more at https://www.cyren.com/inbox-security-free-trial.

About Cyren:

More than 1.3 billion users around the world rely on Cyren's cloud security solutions to protect them against cyber-attacks every day. Powered by the world's largest security cloud, Cyren (NASDAQ: CYRN) delivers fast time-to-protection with embedded threat detection, threat intelligence and email security solutions. Learn more at www.cyren.com.

Blog: http://blog.cyren.com
Facebook: www.facebook.com/CyrenWeb
LinkedIn: www.linkedin.com/company/cyren
Twitter: www.twitter.com/CyrenInc

Company Contact
Mike Myshrall, CFO
Cyren
+1.703.760.3320
mike.myshrall@cyren.com

SOURCE: Cyren Ltd via EQS Newswire

View source version on accesswire.com:
https://www.accesswire.com/606078/Cyren-Launches-Incident-Response-Service-To-Help-Enterprises-More-Effectively-Remediate-Phishing-Attacks

FAQ

What is Cyren's new service related to Inbox Security?

Cyren has launched a 24x7 Incident Response Service to complement its Inbox Security, enhancing phishing defense for Microsoft 365 users.

How many subscribers does Cyren Inbox Security have?

Cyren Inbox Security currently has over 50,000 subscribed users.

What problem does Cyren's Incident Response Service address?

The service addresses the increasing volume of phishing attacks, providing expert support for IT teams to respond effectively.

Does Cyren's new service require hardware installation?

No, the Incident Response Service integrates without requiring hardware installation or software changes.

Why is there an increased need for Cyren's Incident Response Service?

The rise in remote work has led to an increase in phishing attacks, overwhelming IT departments and necessitating expert incident investigation.