Mimecast Joins Human Risk Management Fray With Code42 Deal

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Email security providers are increasingly adding human risk management tools to their portfolios to broaden their data loss prevention (DLP) capabilities. The latest to sharpen its focus on human risk management (HRM) is Mimecast, which acquired insider risk tool provider Code42 for undisclosed terms this week.

The deal marks Mimecast’s second acquisition of an HRM company this year. In January, it made its foray into human risk management with the acquisition of Elevate Security, which resulted in the release last week of Mimecast’s Engage risk management platform.

Omdia senior principal analyst Fernando Montenegro says Mimecast’s competitors, such as Proofpoint, Sophos, ESET, OpenText (Webroot) and Barracuda Networks, have made similar moves into HRM.

“We have seen similar packaging of messaging security with user training and human factors in many vendors,” Montenegro says. “This makes sense as we think there is a long-standing evolutionary pattern to cybersecurity to be better aligned to business outcomes and concerns, and this fits well into this narrative.”

Mimecast is playing catchup to Proofpoint, its most formidable competitor, which released its Proofpoint Nexus People…

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