Kaseya bolsters cyber security stack with latest acquisition
MSP software supplier Kaseya snaps up anti-phishing service Graphus, and signals yet another acquisition on the horizon
Kaseya has further boosted its cyber security credentials with another acquisition: anti-phishing supplier Graphus.
Graphus uses artificial intelligence (AI) to defend email inboxes from a variety of threats, including phishing and spear phishing, business email compromise (BEC), account takeover (ATO), identity spoofing, malware and ransomware.
The service has already been integrated into the ID Agent Digital Risk Protection Platform – a Kaseya acquisition from 2019. The firm’s cyber security offering now includes dark web monitoring platform Dark Web ID, phishing simulation and cyber security awareness training solution BullPhish ID and secure identity and access management solution Passly.
Kaseya CEO Fred Voccola acknowledges there’s “a lot of heavy-duty anti-phishing stuff on the market” but Graphus is better suited to managed service providers’ MSPs’ budgets, as it “costs about half as much to a third as much.”
He also pointed out that as part of Kaseya’s IT management platform IT Complete, Graphus offers MSP customers an integrated and ready-to-use alternative to other standalone products.
“Kaseya can speak to Graphus’ impressive capabilities first-hand, having been a customer for nearly a year,” said Voccola.
“As an Office 365 shop, we were relying on O365’s Advanced Threat Protection, but found a lot was still getting through. With Graphus protecting over 3,200 Kaseya inboxes and processing over 22 million of our emails, we’ve eliminated about 250,000 unsafe emails, quarantined nearly 15,000 phishing attacks and blocked 3,400 executive spoofing and 2,400 impersonation attacks.”
More to come
Voccola views the latest acquisition – its ninth in five years – as bolstering the firm’s standing as “the largest security software provider in the dedicated MSP sector worldwide.”
The CEO says Kaseya does “well over $80 million recurring revenue in security”.
“We call ourselves an IT and security management company,” he said. “You can’t be an MSP and not manage security. And the other way round: how are you a security provider if you don’t do IT? It’s all the same stuff. We’re investing very heavily there because that’s the natural extension.”
To that end, Voccola says we can expect another security acquisition from the firm in October, to coincide with Kaseya’s Connect IT Europe event.
A recent survey by Kaseya company IT Glue found that more than 50% of MSPs view cyber security as a top concern since Covid-19, fuelled by a surge in cyber attacks during the pandemic.