With multiple releases of generative AI-powered products, a rapidly expanding customer base, and triple-digit year-over-year revenue growth, the leader in enterprise email security is well-positioned to protect organizations against evolving cyber threats in the coming year.
ATLANTA, February 1, 2024–(BUSINESS FEED)–IRON SCALEthe leading enterprise cloud email security platform protecting more than 13,000 global organizations, is celebrating the close of a memorable 2023. Punctuated by 451% revenue growth over three years, 2023 for IRONSCALES was defined by the release of several AI-powered products. new launches, significant customer growth, several highly sought-after awards and a series of strategic partnerships that have helped position the company for continued success throughout the year ahead.
As the industry’s only email security solution combining cutting-edge adaptive AI with community-sourced human insights, IRONSCALES’ successes in 2023 are a testament to the effectiveness of this integrated approach to cybersecurity.
Revolutionizing enterprise email security with a comprehensive suite of generative AI innovations
In 2023, IRON SCALE unveiled several groundbreaking product innovations which leverage generative AI to combat the exponential increase in advanced phishing attacks. This new suite of AI-driven features was developed based on a proprietary extended language model (LLM), PhishLLM. As the first ICES provider to develop its own proprietary LLM, IRONSCALES is in a unique position to develop and deploy these types of cutting-edge capabilities, including:
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Themis Co-pilot for Microsoft Outlook: A GPT-powered chat assistant for self-service threat reporting; designed to empower employees to become critical contributors to cybersecurity defense.
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Detection based on in-depth images (QR code): Cutting-edge multimodal protection against image-based phishing threats using optical character recognition (OCR), deep text analysis, image processing and natural language models. A solution specifically designed to help organizations combat the recent rise in QR code phishing attacks.
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GPT-based phishing simulation tests: A GPT-based training and testing module that instantly generates highly personalized spear phishing simulation campaigns to combat advanced, hard-to-detect phishing attacks. Created to raise employee awareness of social engineering attacks without increasing operational costs.
With these revolutionary new product capabilities, IRONSCALES strives to strengthen the positive feedback loop between AI and human knowledge, creating an effective email security solution that is far greater than the sum of its parts.
IRONSCALE Growth of the customer and partner ecosystem
In 2023, IRONSCALES added several notable names to its already extensive client portfolio, contributing to a 60% increase in annual client revenue compared to the previous year. For example, Chubthe leading provider of fire safety and security solutions, has selected IRONSCALES for replace their secure email gateway (SEG) in 2023. Ultimately, Chubb made the decision to help protect its organization against Business Email Compromise (BEC) and VIP impersonation. Chubb serves more than 1 million customer sites and protecting customer data from cyber threats is a top priority.
Brazil’s largest financial and digital services provider, Paschoalottofollowed suit, replace their SEG with the IRONSCALES platform after the organization saw a significant increase in phishing attempts targeting its network last year. Paschoalotto chose IRONSCALES for the protection the platform offers against more advanced phishing techniques, such as BEC, VIP impersonation and account takeover (ATO).
IRONSCALES also saw significant growth in the managed service provider (MSP) market in 2023, culminating in its #1 ranking. Category Manager email security through Channel Schedule. The coveted Category Leader badges are awarded based on direct feedback from MSPs, who share their authentic reviews and feedback on vendor products. IRONSCALES has stood out among its competitors, showcasing exceptional performance, innovation and customer satisfaction. IRONSCALE also received a 5-star rating in the 2023 CRN Partnership Program Guide by The chain company.
Additionally, IRONSCALE announced its availability on Amazon Web Services (AWS) Marketplace, an online store that allows customers to find, compare, and immediately start using software and services running on AWS. Customers can take advantage of the simplified provisioning and rapid deployment that AWS Marketplace offers and immediately secure their cloud messaging environments.
Award-winning industry recognition
Throughout the year, IRONSCALES continued to receive accolades from distinguished awards programs:
“I am deeply grateful to our exceptional partners and customers who have placed their trust in our ability to protect and educate their teams,” said Eyal Benishti, CEO and Founder of IRONSCALES. “Our primary goal is to enable global businesses to stay at the forefront of cybersecurity. The innovative advances we made in 2023 are just the beginning of our journey. We aim to contribute to a safer world by offering the most advanced email security platform. “Our distinct combination of AI-driven technology and expert human knowledge provides organizations with a superior defense against the complexity of phishing attacks. Investing in our solutions means investing in the future security of your organization.”
Additional Resources
About IRONSCALE
IRONSCALES is the leading cloud email security platform for businesses that uses artificial intelligence (AI) and human insight (HI) to stop advanced phishing attacks that bypass traditional security solutions. Its award-winning, self-learning platform continuously detects and remediates advanced threats like business email compromise (BEC), account takeover (ATO), VIP impersonation, and more. As the simplest and most powerful email security platform, IRONSCALES helps businesses reduce risk, increase the effectiveness of security teams, and create a culture of cybersecurity awareness. IRONSCALES is headquartered in Atlanta, Georgia and is proud to serve more than 13,000 customers worldwide. Visit http://www.ironscales.com Or @IRONSCALE to learn more.
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Contacts
Doug DeOrchis
Scratch Media + Marketing for IRONCALES
ironscales@scratchmm.com
