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Mimecast Limited (MIME) Q4 2021 Earnings Call Transcript


Mimecast Limited (MIME) Q4 2021 Earnings Call Transcript
Motley Fool Transcribers
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Mimecast Limited (NASDAQ: MIME)
Operator
Ladies and gentlemen, thank you for standing by and welcome to the Q4 2021 Mimecast Limited Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker for today, Robert Sanders, Director of Investor Relations. You may begin.SPONSORED:
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Mimecast: SolarWinds Attackers Stole Source Code


A new Mimecast update reveals the SolarWinds hackers accessed several “limited” source code repositories.
Hackers who compromised Mimecast networks as part of the SolarWinds espionage campaign have swiped some of the security firm’s source code repositories, according to an update by the company.
The email security firm initially reported that a certificate compromise in January was part of the sprawling SolarWinds supply-chain attack that also hit Microsoft, FireEye and several U.S. government agencies.
Attackers were found initially to have stolen a subset of Mimecast customers’ email addresses and other contact information, as well as certain hashed and salted credentials. However, in the most recent part of its investigation into the SolarWinds hack, Mimecast said it has found evidence that a “limited” number of source code repositories were also accessed. ....

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Microsoft On-Premises Warning: Customers Must Protect Their Own Identity Infrastructure


Microsoft On-Premises Warning: Customers Must Protect Their Own Identity Infrastructure
‘We were also reminded of the importance of cloud technology over on-premises software. Cloud technologies like Microsoft 365, Azure and the additional premium layers of services available as part of these solutions improve a defender’s ability to protect their own environment,’ writes Vasu Jakkal, Microsoft’s corporate vice president of security, compliance and identity, in a blog post.
By
Mark Haranas, Michael Novinson, Steven Burke February 19, 2021, 01:21 PM EST
Microsoft is urging customers to embrace the cloud for security, warning customers with on-premises services that they are responsible for protecting their own identity infrastructure. ....

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Mimecast Confirms SolarWinds Hack as List of Security Vendor Victims Snowball


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A growing number of cybersecurity vendors like CrowdStrike, Fidelis, FireEye, Malwarebytes, Palo Alto Networks and Qualys are confirming being targeted in the espionage attack.
The Mimecast certificate compromise reported earlier in January is part of the sprawling SolarWinds supply-chain attack, the security firm has confirmed.
Mimecast joins other cybersecurity vendors like CrowdStrike, Fidelis, FireEye, Malwarebytes, Palo Alto Networks and Qualys in being targeted in the attack.
A Mimecast-issued certificate used to authenticate some of the company’s products to Microsoft 365 Exchange Web Services had been “compromised by a sophisticated threat actor,” the email-protection company announced in mid-January. That caused speculation that the breach was related to SolarWinds, which the firm confirmed in an update this week. ....

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