News & Press

While ransomware gets global attention when it takes down vital services and cyber criminals get away with multi-million dollar ransom payments, there's another big cybersecurity issue that's costing the world more money, but remains an embarrassing secret for many, even though, according to the FBI, it's cost victims over $43 billion dollars to date.

Ninety-two percent of security leaders report that their organization experienced an email-related security incident within the last year. From phishing attacks to business email compromise (BEC), email represents a wide attack vector for threat actors.

Abnormal Security released new research that showcases a rising trend in financial supply chain compromise as threat actors impersonate vendors more than ever before.

New research by Abnormal Security has found a rising trend in financial supply chain compromise as threat actors increasingly impersonate vendors. The AI-based cloud-native email security platform’s research notes that in January, the number of business email compromise (BEC) attacks impersonating external third parties surpassed those impersonating internal employees for the first time and has continued to exceed traditional internal impersonations throughout the year.

Technology venture capital deals may be slowing down, but investment in artificial intelligence (AI) companies continues to boom. Investments in AI research and applications are set to hit $500 billion by 2024, according to research firm IDC, while PwC predicts AI will contribute $15.7 trillion to the global economy by 2030.

Ignition Technology, the specialist arm of Exclusive Networks, has penned a distribution agreement with email security start-up Abnormal Security.

The number of phishing attacks reached a record high in the first quarter of 2022, with the three-month total crossing the one million mark.

The APWG’s Phishing Activity Trends Report reveals that in the first quarter of 2022 there were 1,025,968 total phishing attacks—the worst quarter for phishing observed to date.

Abnormal Security CEO and founder Evan Reiser shares new methods for combatting cyber threats.

Wabbi, Abnormal Security and Cyberhaven were among the cybersecurity startups at RSA Conference 2022 that caught CRN’s attention.

Even as global venture funding fell for the second consecutive month in 2022, 34 companies joined The Crunchbase Unicorn Board in May, raising a median of $118 million in their latest funding.

Pindrop, Randori and Abnormal Security were among the companies that stood out to CRN during RSA Conference 2022.

The pandemic sent workers home to work, and online criminals have been quick to take advantage of that mass migration. Phishing attacks are now at a record high, with incidents in the first quarter breaching 1 million for the first time, according to a report released Tuesday by the Anti-Phishing Working Group, which has been tracking the online crime since 2003.

Crackdowns are driving down ransomware profits, and analysts see signs that operators are pivoting to business email compromise attacks, security researcher warned.

As governments crack down on ransomware, cybercriminals may soon shift to business email compromise—already the world’s most profitable type of scam.

While many of the statistics seem dire, there is some positive aspect on the trends side as the cybersecurity community has been taking several initiatives to create both cyber awareness and action.

Fresh off its $210 million Series C funding round this week, SC Media spoke with Evan Reiser, co-founder and CEO of Abnormal Security.

Abnormal Security announced the closing of a $210 million funding round (valuation $4 billion) and signals a continued willingness of venture capital firms to make big bets on startups addressing the email security problem.

This year's class of honorees have reimagined what a thriving business should feel like. Explore the list.

Email security company Abnormal Security, guided by CooleyLLP, said Tuesday it is valued at $4 billion for its Series C funding round that included investors such as Insight Partners, Greylock Partners and Menlo Ventures.

Abnormal Security, the San Francisco-based creator of an AI-based cloud-native email security platform, has raised $210 million in a Series C led by Insight Partners, valuing it at $4 billion. The company was valued at $600 million with a $50 million round in 2020, according to PitchBook data.

Abnormal Security announced the close of a $210 million Series C round of financing led by global software investor Insight Partners, with participation from Greylock Partners and Menlo Ventures. With this round, the 4-year-old company is now valued at $4 billion.

Cybersecurity startup Abnormal Security Corp. is now valued at $4 billion after closing a $210 million funding round led by Insight Partners. The Series C round, which Abnormal Security announced today, also included the participation of Greylock Partners and Menlo Ventures. The investment brings the San Francisco-based startup’s total outside funding to more than $280 million.

Abnormal Security, a San Francisco, CA-based provider of an AI-based cloud-native email security platform, raised $210M in Series C funding at a $4 Billion valuation.