Mimecast, a prominent email security company, has announced its acquisition of Elevate Security, a provider of risk management solutions. This move signifies Mimecast’s renewed focus on managing human risk in cybersecurity. The Elevate Security Platform is designed to gather and analyze human behavior and contextual data from various sources. It employs a precision risk scoring algorithm to assess and rate the risk level of employees and other individuals. The platform highlights high-risk individuals, assisting organizations in managing their overall risk and exposure.
David Raissipour, Mimecast’s Chief Technology and Product Officer, stated that the capabilities of the Elevate Security Platform could be integrated with Mimecast’s awareness training programs. This integration aims to enable targeted interventions and training for companies, enhancing their ability to manage human-related cybersecurity risks. Raissipour emphasized the importance of understanding human behavior in the context of increasingly complex digital environments. He noted that while people can be significant vulnerabilities in an organization, they can also become robust defenders with the right tools and education. The acquisition of Elevate Security aligns with Mimecast’s objective to manage risk effectively by acting on insights derived from human behavior analysis.
Robert Fly, CEO and Co-Founder of Elevate Security, expressed his company’s pride in being a pioneer in human risk platforms. He commended Mimecast’s commitment to altering user behavior to improve security and expressed confidence that the merger would lead to groundbreaking developments in the field of security. Mimecast plans to continue supporting the existing customer base of Elevate Security while integrating the newly acquired technology into its own product lineup in the upcoming quarters. This strategic acquisition is expected to enhance Mimecast’s offerings in the realm of cybersecurity, particularly in managing human risks.
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