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FOSTER CITY, Calif. and LONDON, April 28, 2021 /PRNewswire/ -- Agari, the Trusted Email Identity Company™, announced today that Frost & Sullivan has named Agari a leader in the Frost Radar: Email Security report. This ranking is based on having the highest three year compound annual growth rate (CAGR) of 22.2% as well as the company's vision and strategy focused on identity-centric email security solutions.
Email is still the number one threat vector for cyber attacks. Moreover, given the surging trend of working from home and a more mobile workforce, email is now the primary channel for business communication. The email security market has witnessed strong and steady growth for several years, mainly driven by higher-than-expected malware activity, particularly by ransomware and targeted attacks such as business email compromise (BEC) and email account compromise (EAC). In recent years, cybercriminals have increased the sophistication of their attacks and hackers have innovated in their impersonation tactics, including external customers and brand names in their scams.