PhishLabs, SafeBreach, & Red Canary – Business Security Weekly #85 | SC Media
Email security, Social engineering

PhishLabs, SafeBreach, & Red Canary – Business Security Weekly #85

May 16, 2018
In Tracking Security Innovation, PhishLabs-BrandProtect merger, Avast cuts proposed IPO range, SafeBreach raised $15M Series B, Red Canary raised $6.3M in Equity, and more!

Tracking Security Innovation

Data Breaches Decline In Number
  • Q1 2018 is a four-year low in terms of the number of breaches
  • Only 1.4B records exposed, down from 3.4B last year - and 1.27B were the result of fraud
  • Email phishing declined to 31 from 214 the year before
  • Blip, trend, or something else?
  • Criminals finding new trends?

PhishLabs-BrandProtect merger

The recently combined entity will provide a range of threat intelligence and mitigation services. Existing PhishLabs investor Alerion Ventures also participated in the round.

Avast cuts proposed IPO range

SafeBreach raised $15M Series B

  • ‘’SafeBreach develops a disruptive security platform that enables enterprises to execute breach scenarios and find issues in their network.’’
  • $34M over 3 rounds, including a July 2016 series A of $15M
  • Simulation and validation; does it help training?

Red Canary raised $6.3M in Equity

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