- Oct. 3, 2020
-- As organizations across the region pivot to digital engagement models, social media has become the primary channel for organizations to interact with their customers. Recognizing the need for organizations to assess and address the risks posed by these platforms, Credence Security, a leading regional distributor of specialized solutions in cybersecurity, forensics, governance, risk and compliance, today announced that it has signed a distribution agreement with ZeroFOX, the leading provider of digital risk protection services.
In the first four months of 2020, ZeroFOX observed a 60% increase in fraud and scams, a 68% increase in malicious domain takedowns, and 145% increase in credential theft. "As organizations continue to build their social presence, they must realize that it offers cybercriminals a new attack vector; bad actors are using social platforms to impersonate organizations and/or executives, phish employees, steal data and siphon revenues, ultimately resulting in an erosion of brand loyalty and trust," commented Gabe Goldhirsh, Vice President, MEA/APAC Sales, ZeroFOX. "An effective protection approach necessitates continuous monitoring of the vast attack surface, in cooperation with the public platform providers and hosts, to rapidly identify fraudulent activity and immediately stop and remove the threat before damage can occur."
A leader in the fast-emerging Digital Risk Protection (DRP) market, ZeroFOX safeguards modern organizations from dynamic security risks across social, mobile, surface, deep and dark web, email and collaboration platforms. Using diverse data sources and artificial intelligence-
based analysis, the ZeroFOX Platform identifies and remediates targeted phishing attacks, credential compromise, data leakage, brand hijacking, impersonations, executive and location threats and more. The patented ZeroFOX SaaS technology processes and protects millions of posts, messages and accounts daily across the social and digital landscape, spanning LinkedIn, Facebook, Twitter, Slack, Instagram, Pastebin, YouTube, mobile app stores, the deep & dark web, domains, email and more. ZeroFOX Takedown-as-
a-Service helps dismantle attacker infrastructure to thwart future attacks.
In selecting Credence Security as its distribution partner for the Middle East, Pakistan, Africa and India, ZeroFOX was particularly drawn to Credence Security's market strategy and its singular focus on cybersecurity with a portfolio of like-minded, best-in-class vendors. Credence Security's longevity and reputation in the market, agile and transparent business model and footprint across key regional markets were also key factors that drove ZeroFOX's decision.