Boxphish acquires Trillion, enhancing cyber defense capabilities.
- The acquisition includes advanced dark web monitoring technology.
- BGF backs Boxphish with a significant £3.25m investment.
- Trillion’s integration expands Boxphish’s product suite.
- Boxphish aims to bolster organizations against cyber threats.
Boxphish has successfully acquired Trillion, a company renowned for its sophisticated threat intelligence capabilities that track credential leaks on the dark web. This strategic move enables Boxphish to offer enhanced visibility into potential security breaches for its clients.
The newly integrated dark web monitoring technology from Trillion empowers Boxphish to scrutinize billions of account credentials circulating on illicit platforms. This enables prompt identification of security risks and alerts users to take preventive action, strengthening their cybersecurity measures.
This acquisition is supported by a £3.25 million investment from BGF. This financial backing is intended to accelerate Boxphish’s development in product enhancement, workforce expansion, and partnership building, ensuring they remain at the forefront of cybersecurity solutions.
The merger not only augments Boxphish’s existing offerings, such as cybersecurity training and phishing simulations, but also aligns with its mission to equip organizations with comprehensive tools for mitigating cyber threats.
Leaders from both companies express optimism about the deal. Boxphish CEO, Nick Deacon-Elliott, emphasizes the importance of this addition in enhancing human risk management. Stuart Jubb, CEO at Crossword, highlights the continued protection for shared clients, ensuring a seamless transition.
This acquisition marks a significant step in fortifying Boxphish’s position in the cybersecurity industry.
