(Huntsville, AL)—PhishFirewall, a cybersecurity SaaS company, secured and closed the lead investor in its $2.5MM Series Seed financing round. The Cox Group headquartered in Mt. Vernon, IN leads the round and Mr. Barry Cox, Cox Group’s President, joins the company’s board of directors.
The PhishFirewall solution is the most effective defense against ransomware and data breaches. Ransomware is not cyber warfare; it is psychological warfare. Cyber criminals are using AI-driven social engineering to learn and exploit individual and organization-specific weaknesses. Infrequent one-size-fits-all training is no match for this sophisticated approach, which is why companies using existing cyber awareness toolkits are still breached in increasingly alarming numbers.
PhishFirewall uses automated and individualized social engineering and training, powered with artificial intelligence and advanced analytics, creating a human firewall against phishing attacks or as we like to call it a, PhishFirewall. The only way to stay safe is to beat the bad guys at their own game with greater sophistication and speed.
The company was founded by world-renowned ethical hacker and cybersecurity consultant Joshua Crumbaugh, who for decades, protected global enterprises and the organizations that regulate them by “hacking the unhackable” and revealing their weaknesses.
Mr. Crumbaugh developed the PhishFirewall solution after recognizing the deep need for a scalable tool that solves the problem more efficiently because his clients’ existing solutions were underperforming. His customer’s employees were still clicking on phishes and leaving companies exposed at alarming rates. By addressing the problem at its source, PhishFirewall dramatically lowered the risk for those clients.
“Cybersecurity is a human problem, not a technology problem,” said Joshua Crumbaugh, PhishFirewall founder and Chief Technology Officer. “Our approach combines proven technology and neuroscience to move beyond temporary memorization and train human instincts for sustained awareness.”
“The demand for high-performance cybersecurity awareness and training solutions and scalable phishing emulations is rapidly growing, not only from the critical infrastructure enterprises, but from their insurers,” said PhishFirewall CEO Johnny Thorington. “The Cox Group’s participation in this funding round helps equip us to meet that demand. We are also proud to have Barry Cox join our board and bring his expertise growing technology-driven businesses and turnkey solutions to the team.”
“After getting to know the PhishFirewall team and seeing their product’s results firsthand, we were eager to join them,” said Barry Cox, President of The Cox Group. “Our philosophies are very similar. We believe in building lasting relationships with our customers and delivering cutting-edge solutions to their most complex challenges. We help customers improve efficiencies and lower business disruption risks. PhishFirewall is doing the same thing, just applied to cybersecurity business risks. We look very forward to helping them drive this solution into the market and protect other businesses like ours.”
ABOUT PHISHFIREWALL
Founded by Joshua Crumbaugh, an internationally-known cybersecurity and social engineering expert, PhishFirewall is a cybersecurity awareness, threat emulation and analytics solution firm. The solution is built upon the science of learning and psychology of behavior change, and delivers sustained cybersecurity awareness and lower risk. PhishFirewall specializes in protecting enterprises in high-profile critical infrastructure sectors. The Company currently serves clients in finance, manufacturing, logistics, utilities and education.
ABOUT THE COX GROUP
The Cox Group Holding Company 2016 is WBENC certified Women’s Business Enterprise headquartered in Mt. Vernon, IN. The company mission is to be a global service provider that is customer driven, responsive, flexible, and cost effective, accomplishing this vision through employee pride and commitment. The company provides technology-driven, turnkey solutions in transportation, warehousing and distribution.
Media Contact:
Dana McGough
205.368.5741
Company Contact:
Clark Barron, Product Marketing Manager
clark.barron@phishfirewall.com
844.407.4474