STOCK TITAN

Cyren Listed As A Representative Vendor In Gartner's September 2020 Market Guide For Email Security

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Cyren (NASDAQ:CYRN) has been recognized as a representative vendor in Gartner's 2020 Market Guide for Email Security, highlighting its innovative Inbox Security solution for Microsoft 365. Notably, the report indicates a significant rise in phishing attacks, prompting organizations to enhance their email security measures. By 2023, it is expected that 40% of organizations will depend on built-in protections from cloud providers. Cyren's solution integrates directly with Microsoft, providing advanced protection against phishing and Business Email Compromise (BEC) attacks.

Positive
  • Recognized as a representative vendor in Gartner's 2020 Market Guide for Email Security.
  • Cyren Inbox Security enhances Microsoft 365 against phishing and BEC attacks.
  • Integration with Microsoft’s Graph API allows for direct and immediate provisioning.
Negative
  • The increasing number of phishing and BEC attacks represents ongoing market challenges.

Cyren Inbox Security highlighted among Cloud Email Security Supplements

McLEAN, VA / ACCESSWIRE / September 29, 2020 / Cyren (NASDAQ:CYRN), a provider of email security and threat intelligence solutions, announced today that it has been included as a representative vendor in Gartner's 2020 Market Guide for Email Security, which was published on September 8, 2020 (Gartner subscription required).

The annual Gartner report notes that "dramatic increases in the volume and success of phishing attacks and migration to cloud email require a reevaluation of email security controls and processes," and highlights key vendors in the email security space. The report also gives key findings noting that "vendors are evolving to support new detect and response capabilities by integrating directly with the email system via API rather than replace the MTA role. This enables faster deployment and multiple complementary solutions to improve detection accuracy."

Gartner's report highlights that, "by 2023, at least 40% of all organizations will rely on built-in protection capabilities from cloud email providers as the main line of defense, up from 27% in 2020." According to Gartner, enterprises can "address gaps in the advanced threat defense capabilities of an incumbent secure email gateway (SEG) by either replacing them or supplementing them with complementary capabilities via API integration."

Cyren Inbox Security provides an extra layer of security in Microsoft 365 against phishing and Business Email Compromise (BEC) attacks, and is natively built within Microsoft's Graph API for direct integration and immediate provisioning within the Microsoft 365 admin console. Cyren also recently announced its incident response service to provide enterprise customers with 24x7 expert support for phishing incident investigation and response.

"Despite the fact that secure email gateway solutions have been around for years, phishing, ransomware, and BEC attacks are increasing in number and severity, and their economic impact is growing year after year," said Lior Kohavi, Cyren's Chief Strategy Officer. "Cyren believes a new approach to email security is necessary and that Cyren Inbox Security offers better protection than traditional solutions."

Gartner, "Market Guide for Email Security", Mark Harris, Peter Firstbrook, Ravisha Chugh, 8 September 2020.

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research and advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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



View source version on accesswire.com:
https://www.accesswire.com/608107/Cyren-Listed-As-A-Representative-Vendor-In-Gartners-September-2020-Market-Guide-For-Email-Security

FAQ

What recognition did Cyren receive in 2020?

Cyren was recognized as a representative vendor in Gartner's 2020 Market Guide for Email Security.

How does Cyren Inbox Security enhance email protection?

Cyren Inbox Security provides an additional layer of protection against phishing and BEC attacks within Microsoft 365.

What is the expected trend for email security by 2023?

By 2023, it's anticipated that 40% of organizations will rely on built-in protections from cloud email providers as their primary defense.

What is the significance of API integration for Cyren's services?

API integration allows faster deployment and improved detection accuracy in email security solutions.

What challenges is Cyren addressing in the email security space?

Cyren aims to address the increasing threats of phishing, ransomware, and BEC attacks with its innovative solutions.

CYRN

NASDAQ:CYRN

CYRN Rankings

CYRN Latest News

CYRN Stock Data

1.75M
6.19M
9.59%
25.19%
0.48%
Software—Infrastructure
Technology
Link
Israel
Herzliya