Proofpoint Launches Digital Risk Defense, First to Extend Integrated Phishing and Fraud Defense Across Critical Digital Channels

Proofpoint (NASDAQ:PFPT), a leading next-generation security and compliance company, today announced the industry’s first unified social, mobile, web, and email fraud and phishing detection and protection solution to provide visibility and address threats outside of the traditional security infrastructure of companies. This growing arena of digital risks targets more than the employees of a company.
As quoted in the press release:

Cybercriminals leverage a variety of channels, including fraudulent social accounts, fraudulent mobile apps, and fraudulent email domains for both consumer and business email compromise (BEC) phishing. Leveraging shared risk visibility across Proofpoint’s Nexus threat intelligence platform, Proofpoint Digital Risk Defense protects organizations from cybercriminals exploiting the company brand to fraudulently phish their customers, partners and vendors.
Social media phishing attacks alone were up 500 percent over the course of 2016¹, highlighting that cybercriminals have modernized their techniques in order to take advantage of the gap between the adoption of digital technology and the adoption of effective security controls. Legacy protection technologies and approaches are not designed to cover the key digital channels of social, mobile, email, and web and lack the modern detection capabilities and cross-channel context to keep up with the attacks, which creates greater risk for companies expanding their digital footprint.

Click here for the full text release.