Mailprotector Reaches 3,000 Customer Milestone as Market Demand for Email Security Remains Strong
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GREER, SC, Jan 27 (MARKET WIRE) --
Mailprotector, a technology leader in fully managed email security
services, today announced it has reached the 3,000 customer milestone
with a three-year revenue growth rate of more than 196%. With the release
of each new economic report the world holds its collective breath to see
how the news will be received. Falling stock prices, unflattering
employment reports and layoffs are typically the first noticeable
reactions. Unfortunately, one hidden by-product of the flailing economy
is the increase in cybercrime. According to reports(1), even IT
professionals who were previously gainfully employed are now turning their
considerable technical talents and using them to steal and exploit
sensitive data.
With cybercrime on the rise, email security providers like Mailprotector
are thriving. The company processes and protects more than 10 million
messages per day for more than 3,000 customers around the globe and has
doubled its revenue and nearly tripled its channel partner base over the
last three years. With the company on pace with industry projections,
Mailprotector's explosive growth is positioned to continue. In support of
this positive outlook, recent numbers published by industry analyst firm
Radicati Group forecast the email security market to grow from $3.9
billion in 2008 to more than $6.2 billion in 2012.
Mailprotector Technology Leadership
Mailprotector's delivery model and technology advantages have propelled
the company as it addresses key concerns of small and medium businesses
(SMBs), including simplicity, effectiveness and cost. Key technology and
business success drivers include:
-- Pioneering of training-free fully managed email security services to
provide protection from spam, viruses and malware before these threats
reach the network;
-- Protection of ALL email hardware and software platforms, including
Exchange, Groupwise, IMail, SmarterMail, Sendmail, qMail, Merak and others;
-- Comprehensive offering for uninterrupted virus and vulnerability
scanning, spam and phishing filtration, attack and email backup protection;
-- Zero tolerance for false positives; and
-- Partner driven go-to-market model with dedicated support and
compelling margin structure.
"The wave of email security threats to business operations shows no
signs of slowing down. While traditional attacks continue, the field is
broadening. Even IT professionals, who have dedicated their careers to
ensuring that systems are safe and secure, are bending their considerable
skill set to exploit weaknesses in networks they once managed," said Bruce
LaFlam, Vice President of Marketing and Sales for Mailprotector.
Designed to protect against spam, viruses, vulnerabilities, attacks and
availability challenges, Mailprotector is a highly accurate hosted
solution that dramatically reduces email security based IT management
problems. Mailprotector provides the most affordable, completely managed,
and rapidly deployable email security service available to small and
medium sized businesses with a high level of personal touch.
Special Agent Darren Mott of the FBI's Cyber Division was quoted in a
recent Dark Reading article as saying, "There has been an increase in
attacks on specific individuals, such as CEOs and CFOs, because a lot of
businesses are going under... that gives them more directed targets. The
attackers lure them with promises of financial assistance, for instance,
and some even pretend to be subpoenas from the Justice Department. One
attack via email urged bidders who had lost out on a government contract
to resubmit their bids and, thus, spill sensitive contact and other
information."
Such specific threats, known as spear phishing or whaling attacks, are a
fast-growing and ominous threat. This form of cybercrime uses email-based
"social engineering" to gain unauthorized access to corporate systems and
confidential data. Unlike mass-phishing perpetrators, who use spoofed
emails to cast a wide net to fraudulently gather data from unsuspecting
victims, spear phishing attackers target specific organizations and
individuals. Unfortunately, this targeted and sophisticated technique has
proven extremely successful in providing "hackers" access to financial
data, corporate and military information, and trade secrets -- with the
final goal, of course, financial or political gain.
With these threats accelerating, providing proper email security is as
important as ever. Cybercriminals are continuously devising new and
different approaches to monopolize email vulnerabilities, which takes
constant expert attention to prevent. To learn more about Mailprotector
and its offerings visit www.mailprotector.net.
About Mailprotector
Mailprotector, a division of VirtualConnect Technologies, Inc., is a
leader in email security. Founded in 1999, the company is a pioneer in
the managed email security industry with its Exchange Spam Filter and has
since grown into a complete managed security suite protecting all email
hardware and software platforms (Exchange, Groupwise, IMail, SmarterMail,
Sendmail, qMail, Merak and all others) from outside the network
perimeter. Today, Mailprotector provides uninterrupted virus and
vulnerability scanning, spam and phishing filtration, attack and email
backup protection as well as data loss prevention (DLP) to more than
3,000 organizations on six continents. For more information visit
www.mailprotector.net.
(1) Forbes Magazine, November 19, 2008, Economic Bust, Cybercrime Boom,
Commentary by Avivah Litan, Vice President and Distinguished Analyst for
Gartner.
http://www.forbes.com/2008/11/18/cybercrime-boom-fraud-tech-security-cx_ag_1119c
ime.html
Contact
Bruce LaFlam
Mailprotector
Tel: (864) 288-9595, ext. 9235
Email: Email Contact
Joe Austin
Ventana PR
(818) 591-2646
Email Contact
Copyright 2009, Market Wire, All rights reserved.
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