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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 the
33% global customer growth
First to uncover Russian BEC cybercriminal ring
Continued DMARC dominance Agari met or exceeded financial expectations for three consecutive quarters and for the full fiscal year, making 2020 one of the company s best years on record, said Agari founder and CEO
Patrick R. Peterson. As the COVID-19 pandemic intensified globally, email scammers accelerated their attacks and developed new threat types. Our team worked closely with customers to innovate and get out ahead of the bad actors who were moving as fast as the contagion and using pandemic-related themes to try to bilk companies, hospitals, and non-profits organizations out of money even attacking the vaccination supply chain.