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Menlo Ventures has led a $50 million Series B for Abnormal Security, a developer of AI-based email security and threat detection tools. The San Francisco-based company raised a $24 million Series A in November 2019, valuing it at $140 million.

Menlo Ventures, Greylock fund Abnormal Security with $50M

We live in a world where opportunistic cyber-attackers are everywhere. This year, they have leveraged the pandemic, in particular fear surrounding the pandemic, for their own personal gain. In the first 100 days of the outbreak, the number of coronavirus-themed spam messages increased by 26%, while the number of impersonation attacks jumped by 30%. Chris Versace reports.

Comment: How the pandemic has increased the risk for cybersecurity

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A cybersecurity startup launched a new platform Tuesday designed to thwart sophisticated scams by identifying abnormal emailing behaviors. Aptly named Abnormal Security, the San Francisco startup aims to use behavior modeling and machine learning to root out suspicious emails that can cost companies big bucks.

Can machine learning stop sophisticated email scams? This cybersecurity company thinks so.

Abnormal Security announced that it raised $50 million in Series B venture capital funding. Led by Menlo Ventures, with participation from early investor Greylock, the round brings Abnormal’s total funding to $75 million.

Abnormal Security raises $50M to double the size of its machine learning and data science teams

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Abnormal Security provides advanced email security to prevent credential phishing, business email compromise, account takeover, and more.

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Business email compromise cybersecurity startup Abnormal Security Corp. revealed today that it has raised $50 million in new funding to double the size of its machine-learning and data science teams.

Business email compromise startup Abnormal Security raises $50M

Business email compromise cybersecurity startup Abnormal Security Corp. revealed today that it has raised $50 million in new funding to double the size of…

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Recent history shows holiday weekends and vacations provide an attack surface bonanza for threat actors.

Ahead of summer holiday weekends, IT security leaders brace for deliberate cyber mischief

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Even though nearly three-quarters of business email compromise attacks during the past year have emerged from Nigeria, Israel has been gaining traction as a base for sophisticated BEC campaigns.

Israel-based BEC attacks on the rise

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Abnormal Security is tracking cybercriminals from an unusual location for business email compromises who are using sophisticated spoofing to spur payments for fake acquisitions.

Israel-based threat actors show growing sophistication of email attacks

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The group, identified by Abnormal Security, targets multinational firms using email display name spoofing and multiple fake personas.

Israeli threat group uses fake company acquisitions in CEO fraud schemes

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The cybercrime industry is evolving tremendously, and CISOs need to have stringent practices to keep their IT infrastructure secure against sophisticated cyber threats and risks. IT Security Wire interviewed Mike Britton, CISO, Abnormal Security, to understand today’s threats and the best ways to stay secure.

Modern Cyber Threat Landscape and Ways to Stay Secure

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A BEC campaign has been tracked to a threat group in Israel, an unlikely genesis for a cyberattack of any kind, Abnormal Security said in a new report.

Widespread Email Ruse Launched from Israel, an Unlikely Source in Moneygrab

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Researchers at Abnormal Security discovered an Israel-based threat group carrying out a BEC campaign primarily targeting large and multinational enterprises with an average annual revenue of over $10 billion.

BEC Campaign via Israel Spotted Targeting Large Multinational Companies

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The report reveals how an emerging threat group employs a multi-phased BEC attack with an M&A theme to steal  from multinational enterprises

New Research from Abnormal Security Shows the Rise of Business Email Compromise Attacks Sent from Israel

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More than two thirds of IT and security leaders are concerned that attackers are leveraging communication and collaboration channels beyond email to evade security controls

New Survey from ESG Reveals Trends Shaping Communication and Collaboration Application Security

Here’s a look at the most interesting products from the past month, featuring releases from Abnormal Security and others.

Infosec products of the month: April 2023

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Abnormal Security unveiled three new products during RSA Conference, adding new threat detection capabilities for Microsoft Teams, Slack and Zoom.

Ten coolest cybersecurity startups at RSA 2023

Here’s a look at the most interesting products from the past week, featuring releases from Abnormal Security, Arista Networks, Cyera,
Eclypsium, Halo Security, Immuta, ManageEngine, and Traceable AI.

New infosec products of the week: April 28, 2023

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<p>Exploring the Rise of Israel-Based BEC Attacks </p>

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B 04 20 23 Gartner report

Analyst Research

Abnormal’s fundamentally different approach to cloud email security provides the best protection against existing and emerging attack techniques.

2023 Gartner® Market Guide for Email Security

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Discover the ROI you can experience with Abnormal Security.

ROI Calculator: Discover Your Abnormal Return on Investment

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B 02 08 23 1500x1500 H12023 Threat Report

Threat Reports

Abnormal’s latest report on business email compromise trends and statistics finds that employees open 28% of attacks and reply to 15% of them.

H1 2023: “Read” Alert: Data Shows 28% of BEC Attacks Opened by Employees

B 04 20 23 Forrester Total Economic Impact Study of Abnormal Security

Learn how investing in Abnormal Security can yield a 278% ROI within 3 years and help your organization avoid $4 million in losses from BEC.

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