Fortra’s PhishLabs Recognized as Digital Risk Protection Market Leader by Frost and Sullivan

Cybersecurity firm also awarded Global Company of the Year for DRP

Posted on March 14, 2023

MINNEAPOLIS – March 14, 2023 – Fortra, a global cybersecurity software and services provider, today announced that PhishLabs achieved the innovation and growth leadership position in Frost and Sullivan’s Digital Risk Protection (DRP) Radar report. The news follows PhishLabs’ recent award as Frost and Sullivan’s Company of the Year for DRP

According to Frost and Sullivan, “Many organizations lack the resources to effectively monitor their digital footprint beyond their traditional security perimeter without a designated digital risk protection solution. If not rapidly mitigated, fraud campaigns and brand impersonation attacks can ruin an organization’s reputation, destroy digital trust, and lead to substantial financial loss.” 

“PhishLabs recognizes that every minute counts when it comes to digital risk protection. As a result, it has streamlined the entire process – from threat discovery to mitigation. A client-focused approach, powered by its security research and customer success teams, enables them to recognize global mega trends and convert common industry pain points into tipping points to combat cybercriminals proactively.”

Fortra has expanded its protection capabilities beyond the traditional security perimeter to complement its email security, vulnerability management, and data protection solutions, while streamlining the entire DRP process, from threat discovery to mitigation. Specific to the integration of PhishLabs’ DRP solution into its security stack, Fortra’s threat intelligence team is now able to provide better intelligence, visibility, and protection to its customers. The platform enables organizations to monitor a wide range of sources, such as surface, deep, and dark web, social networks, blogs, data feeds, and third-party feeds and offers numerous use cases, including brand, social media, email, account takeover, and data leak protection.

“Successful DRP requires a comprehensive mitigation strategy that can rapidly and completely protect against online threats,” said Billy Smith, Managing Director of PhishLabs by Fortra “Partial mitigation strategies, such as integrating threat indicators into internal security controls, are not enough to prevent harm to brands, customers, and employees.” . 

“While other DRP vendors offer mitigation services, very few have the same breadth of remediation capabilities, high takedown success rates, while significantly reducing the mean time to resolve (MTTR) as Fortra,” continued Billy. “To be recognized as the leading DRP provider by Frost and Sullivan as a result, is an honor. Our PhishLabs Digital Risk Protection platform delivers comprehensive collection, expert curation and complete mitigation of digital risk through our extensive global takedown network, browser-blocking, and automated integrations with internal controls.”

Download the Frost and Sullivan DRP radar report here

Download the PhishLabs’ Frost and Sullivan Company of the Year for DRP write up

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