xorlab and Lucy working together
Zurich, Zug – The partnership between the two cybersecurity start-ups xorlab and Lucy is intended to provide employees in large companies with even better protection against phishing and other threats.
Companies, especially large ones, will systematically train their employees to recognize dangerous e-mails and to act accordingly. The Zug-based company Lucy Security AG ensures that this training is as practical as possible. For its clients, it creates computer-based training modules and simulated phishing campaigns. The goal: Employees recognize threats at an early stage and help to better protect the company against attacks from cyberspace. If an employee feels that he or she is at risk, he or she can use the Lucy Button to quickly report suspicious emails to the internal security team. This is where the technology of Zurich-based xorlab AG comes in. The ETH spin-off skillfully relies on machine learning and results from current computer science research to proactively detect phishing and malware attacks and filter them out of email traffic.
It is obvious that the two start-ups will work together because their respective technologies and possibilities complement each other ideally. Once employees are trained and start reporting suspicious emails, the associated analysis workload will increase rapidly. The mutual integration of Lucy and xorlab ensures that companies can efficiently arrive at a comprehensive risk assessment despite the flood of information. In concrete terms, emails reported by employees via Lucy are automatically forwarded to xorlab. The reporting employee immediately receives an assessment of the system’s hazardousness and concrete recommendations for further action. The system does most of the work automatically and without human intervention. The security team members can focus on complicated analyses.
The partnership with Lucy supports xorlab’s aim to offer a complete solution for secure business communication. The cooperation will open up a wide range of new possibilities for Lucy’s customers in terms of detailed risk assessment and automation.
Oliver Münchow from Lucy comments on the partnership: “With our plugin, employees can easily report suspicious emails. The employees thus become a kind of human firewall. It is important that employees receive qualified feedback on their reports and learn whether the email was actually dangerous or not. This analysis is performed by xorlab. This is an important enhancement especially for customers with several thousand messages per month. The decisive factor for the cooperation with xorlab came from the fact that the solution achieved optimum analysis results in our tests and far outperformed even those of established market leaders”.
Antonio Barresi of xorlab continues: “Lucy makes it very easy for its customers to involve the employees in their defense measures. Combined with our comprehensive risk analysis, these organizations now have an even more detailed picture of the threats on the email channel. But integration is just the beginning: in the future, we want to automate most of the work that an analyst does for these reports. Our vision is to provide each employee with a virtual analyst so that he or she can regain confidence in the important communication channel of email.”