• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • HelpSystems Goes Phishing For Cyber Threat Hunter

    October 25, 2021 Alex Woodie

    HelpSystems dipped into the security pond again with its acquisition last week of PhishLabs, a Canadian company that develops technology designed to protect organizations from various Internet-based threats, including malicious emails, account takeover, and data leakage. As is the case with most of HelpSystems’ acquisitions, its IBM i customer are expected to be among the beneficiaries.

    For over a decade, PhishLabs has been developing a security platform designed to find and identify and counteract threats to customers. As its name suggests, the company got its start with identifying phishing attacks. Its founder and chief technology officer, John LaCour, grew frustrated with the endless game of “whack-a-mole” that he decided to take a more in-depth approach to rooting out the scourge.

    But as the security threat landscape has evolved, so too has the company’s offerings. Today, the PhishLabs Platform uses a combination of Web crawlers, machine learning technology, and visualization tools to help companies prevent themselves from falling victim to the world’s growing legion of cyber criminals, digital thieves, and Internet-based scam artists.

    Through its PhishLabs Platform, the company monitors “thousands of social media sources and ingest data from hundreds of public and private data feeds,” it says on its website. “We also integrate data from client-specific sources such as referrer logs and any third party feeds,” including security information and event management systems (SIEMs), security orchestration, automation, and response products (SOARs), threat intelligence platforms (TIPs), and intrusion detection and preventing systems (IDPS).

    PhishLabs Platform then brings proprietary algorithms and advanced analytics to bear on the data. If a real threat is identified (as opposed to a false positive, which the company notes are more prevalent than true positives) the platform gives operators mitigation measures, such as kill switches, “takedown APIs,” “fastlanes,” and browser-blocking tools to neutralize the threat.

    PhishLabs aims to protect customers from various threats, including account credential theft and takeover scams, social media attacks, business email compromise (BEC), and “vishing,” which involves the use of phone calls and voice mail to induce individuals to reveal personal information, among others.

    “Different threats demand different approaches,” the company says. “For example, look-alike domains and fake social accounts are two very different problems that require distinct collection, curation, and mitigation. Using the same technology and operations for both leads to neither being addressed well.”

    HelpSystems was impressed enough with the Mississauga, Ontario-based company make it its sixth acquisition of the year last week. According to HelpSystems chief executive officer Kate Bolseth, PhishLabs will help prevent blind spots from developing at companies while they are modernizing their applications.

    “Digital transformation has made it critical for security teams to have visibility across the digital landscape and to quickly respond to both internal and external threats,” Bolseth says in a statement announcing the deal. “PhishLabs’ ongoing intelligence collection, curation, and threat mitigation safeguards organizations’ critical digital assets and provides peace of mind for customers across the globe.”

    PhishLabs adds to HelpSystems’ growing portfolio of security-based companies that it has acquired over the last several years. In May, it acquired two Northern California security firms, including Beyond Security, which specializes in developing tools for automatically scanning complex networks and applications for security vulnerabilities, and Agari, which specializes in protecting companies against email-based threats, including phishing and BEC scams.

    The acquisition of PhishLabs is the 11th straight security-related acquisition of the past three years. Starting with its acquisition of Core Security in February 2019, HelpSystems nabbed a string of security firms, including Clearswift (December 2019), Strategic Cyber (March 2020), TITUS (June 2020, Boldon James (June 2020), Vera (December 2020), File Catalyst (January 2021), and Digital Defense (February 2020), before acquiring Beyond Security and Agari earlier this year.

    Tony Prince, chief executive officer of PhishLabs, says he’s looking forward to working with the large pool of security expertise that HelpSystems has accumulated over the years. “Our combined resources and expertise put us in a strong position to partner more strategically with our clients and help their security teams thrive as the threat landscape evolves,” Prince states in the press release.

    RELATED STORIES

    Security Vendor Shopping Spree Continues for HelpSystems

    HelpSystems Acquires Data Security, File Transfer Companies

    HelpSystems Gets New Investors, CEO

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags: Tags: and response products, API, Automation, HelpSystems, IBM i, IDPS, intrusion detection and preventing systems, PhishLabs, security information and event management systems, security orchestration, SIEM, SOAR, threat intelligence platforms, TIP

    Sponsored by
    ARCAD Software

    DevSecOps & Peer Review – The Power of Automation

    In today’s fast-paced development environments, security can no longer be an afterthought. This session will explore how DevSecOps brings security into every phase of the DevOps lifecycle—early, consistently, and effectively.

    In this session, you’ll discover:

    • What DevSecOps is and why it matters?
    • Learn how to formalize your security concerns into a repeatable process
    • Discover the power of automation through pull requests, approval workflows, segregation of duties, peer review, and more—ensuring your data and production environments are protected without slowing down delivery.

    Whether you’re just getting started or looking to enhance your practices, this session will provide actionable insights to strengthen your security posture through automation and team alignment to bring consistency to the process.

    Watch Now!

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Various Power Systems Updates And Tweaks Guru: Quick And Handy RPG Output, Take 2

    Leave a Reply Cancel reply

TFH Volume: 31 Issue: 70

This Issue Sponsored By

  • Fresche Solutions
  • UCG Technologies
  • Connectria
  • Raz-Lee Security
  • WorksRight Software

Table of Contents

  • A Proper Accounting Of The Power Business
  • Talking Power Systems Deals With The Boss
  • Guru: Quick And Handy RPG Output, Take 2
  • HelpSystems Goes Phishing For Cyber Threat Hunter
  • Various Power Systems Updates And Tweaks

Content archive

  • The Four Hundred
  • Four Hundred Stuff
  • Four Hundred Guru

Recent Posts

  • What You Will Find In IBM i 7.6 TR1 and IBM i 7.5 TR7
  • Three Things For IBM i Shops To Consider About DevSecOps
  • Big Blue Converges IBM i RPG And System Z COBOL Code Assistants Into “Project Bob”
  • As I See It: Retirement Challenges
  • IBM i PTF Guide, Volume 27, Number 41
  • Stacking Up Power11 Entry Server Performance To Older Iron
  • Big Blue Boosts IBM i Support In Instana, Adds Tracing
  • It Is Time To Tell Us What You Are Thinking And Doing
  • IBM i PTF Guide, Volume 27, Number 40
  • The GenAI Boom Is Only Slightly Louder Than The Dot Com Boom

Subscribe

To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

Pages

  • About Us
  • Contact
  • Contributors
  • Four Hundred Monitor
  • IBM i PTF Guide
  • Media Kit
  • Subscribe

Search

Copyright © 2025 IT Jungle