IRONSCALES, a leading provider of AI-driven email security solutions, announced today that Paschoalotto, a leading provider of financial and digital services in Brazil, has selected IRONSCALES to protect its organization from advanced phishing attacks.
As phishing threats become more sophisticated, the threat of advanced attacks, such as business email compromise (BEC), credential harvesting, account takeover, and VIP impersonations, increases. A recent study from Osterman Research revealed that “large organizations anticipate a 43.3% increase in the threat of BEC attacks over the next 12 months”.
“Paschoalotto has been targeted by an increasing number of phishing attempts over the past year, so we needed an email security solution that reduces our risk and better protects our organization. With IRONSCALES and its powerful AI, we are able to catch attempts before they reach our employees’ inboxes. IRONSCALES gives us superior protection, confidence, and peace of mind,” said Fernando Ferasoli, CISO of Paschoalotto.
Following a recommendation from Nova8, a security services provider and distributor in Brazil, Paschoalotto chose IRONSCALES to replace its legacy secure email gateway (SEG). Paschoalotto selected IRONSCALES for its easy and rapid integration into their Office 365 environment and its automated protection against advanced phishing attacks, including BEC, VIP impersonation, and ransomware.
“Ransomware is a major concern for financial services providers,” said Augusto Campos, CEO of Nova8. “The FBI’s Internet Crime Complaint Center received 3,729 complaints about ransomware attacks in 2021. These attacks accounted for financial losses of $49.2 million. By partnering with IRONSCALES, Paschoalotto is safeguarding its environment against advanced phishing attacks and protecting its users from ransomware attempts.”
“IRONSCALES’ unique approach to email security, leveraging powerful AI and human insights, is exactly the type of solution Paschoalotto needed. We trust in IRONSCALES’ ability to protect our environment and that of our clients,” continued Campos.
The IRONSCALES platform intercepts the most elusive and advanced phishing attacks that defeat perimeter defenses, including native cloud-hosted email security checks. By combining AI and human insights from each mailbox user and 20,000+ analysts across the IRONSCALES network of global admins, IRONSCALES protects organizations where it matters most: the user’s inbox. Deployment takes minutes and is simple to manage—most customers spend less than 12 minutes a day remediating incidents, often with the mobile app.
“We are incredibly honored and grateful to welcome Paschoalotto as our esteemed customer,” said Eyal Benishti, CEO of IRONSCALES. “The decision to choose IRONSCALES as their trusted partner for email security reaffirms our commitment to providing innovative solutions that meet the evolving challenges of the digital landscape. We look forward to empowering Paschoalotto with our cutting-edge technologies and collaborative approach of AI and human insights, ensuring the organization remains resilient against the ever-present threats of phishing and other email-based attacks. Together, we will forge a path to a more secure and safe future, where businesses can thrive without compromising their invaluable data and trust.”
Additional resources
- To experience IRONSCALES for yourself, Request a demo
- To learn more about IRONSCALES customers, visit the Customer Stories page
About IRONSCALES
IRONSCALES is the leading enterprise cloud email security platform and the industry’s only solution that uses AI and human insights (HI) to halt advanced phishing. Its award-winning, self-learning platform continuously detects and removes attacks like BEC, ATO, and VIP impersonation that evade traditional security solutions. Powerful, simple, and adaptive, IRONSCALES helps companies reduce risk, increase the efficiency of security teams, and raise cyber security awareness. IRONSCALES is headquartered in Atlanta, Georgia, and proudly supports over 10,000 global companies. Visit http://www.ironscales.com or @IRONSCALES to learn more.
About Nova8
NOVA8 Cybersecurity is a startup with a mission to enable cutting-edge technologies in Brazil and Latin America, from the world’s leading innovation centers, such as Israel. Focused on cybersecurity, NOVA8 also stands out with a layer of professional services that accelerate effective implementation and support of these solutions at every stage. Visit https://nova8.com.br/2022/ or @Nova8 to learn more.
About Paschoalotto
Paschoalotto is a company specialized in end-to-end relationships. For over 20 years, they have worked to be part of the solution for companies, people, and their community. They strive to offer the best services in credit recovery, customer service, technology, data, and innovation throughout Brazil. Visit https://www.paschoalotto.com.br/ or @Paschoalotto to learn more.
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