Cloudflare Acquires Area 1
Cloudflare Inc. had acquired cybersecurity firm Area 1 Security Inc. for $162 million. Area 1 was founded in 2014 and offers a product focused on eliminating targeted socially engineered cyberattacks. Pitched as providing the best cloud email security available, Area 1 claims that its service prevents 30% more phishing attacks than email gateways, cloud email suites and other defenses.
Able to be set up in five minutes or less with flexible deployment options and nothing to install, Area 1’s platform is said to decrease the time spent on phishing incident and response remediation by more than 90%. The service preemptively stops business email compromise, malware, ransomware, and other advanced threats by discovering and eliminating them before they cause damage.
Area 1 says its cloud-native Horizon platform delivers the only preemptive, comprehensive, contextual, and continuous email security, while identifying malicious phishing campaigns earlier than other solutions.
Email is the largest cyber-attack vector on the Internet, which makes integrated email security critical to any true Zero Trust network, the future of Zero Trust includes an integrated, one-click approach to securing all an organization’s applications, including its most ubiquitous cloud application, email.