HelpSystems acquires PhishLabs to expand its cybersecurity portfolio

HelpSystems has acquired PhishLabs, a cyber-threat intelligence company that protects organizations from attacks on their brands, employees, and digital assets. PhishLabs sources intelligence across the internet to find and mitigate digital risks.

Most security teams are stretched thin, and the volume of activity and data across digital channels makes it difficult to discern what needs immediate action. PhishLabs minimises the noise and takes action to stop threats, providing more complete risk mitigation while reducing security team workload.

The team and solutions from PhishLabs will join HelpSystems’ cybersecurity portfolio and pair up with HelpSystems’ email security, vulnerability management, and data protection solutions.

“Digital transformation has made it critical for security teams to have visibility across the digital landscape and to quickly respond to both internal and external threats,” Kate Bolseth, CEO, HelpSystems, said.

HelpSystems is a software company focused on helping organizations build a better solutions by simplifying critical IT processes.

Meanwhile, PhishLabs is a cyber-threat intelligence company that protects against brand, account takeover, and data leakage threats. Founded in 2008, PhishLabs delivers curated threat intelligence and complete threat mitigation across the digital risk landscape.

"We’ve improved our platform over a decade in collaboration with many of the world’s most targeted brands, and we are excited to continue our growth as part of the HelpSystems family,” Tony Prince, CEO, PhishLabs, said.