INKY, a startup that provides protection against email spoofing and phishing services, emerged from stealth mode on Tuesday and announced its “INKY Phish Fence” product.
The product helps organizations detect spoofing attempts whereby attackers hijack a domain to pose as a credible entity. It also uses “anomaly detection algorithms” to warn employees of suspicious emails and detect spearpshing and extortion attempts.
Based in Rockville, Maryland, INKY has raised about $5.8 million in venture capital funding, according to Crunchbase, including a $5.6 million Series A round backed by ClearSky Security, Gula Tech Adventures and Blackstone.
“There is an obvious lack of innovation around detecting and preventing today’s sophisticated phishing attacks. With the launch of INKY Phish Fence, enterprises will now be able to detect and prevent against the industry’s most common, yet formidable vectors,” said Ron Gula, founder of Gula Tech Adventures, in a press release. “Investing in this space is incredibly important as the first line of defense against attackers gaining access to sensitive data.”
The company says Phish Fence’s protection features work “on any endpoint via any mail client” with no need to install additional client software. It directly integrates with Microsoft Office 365 and Google’s G Suite.
INKY says that perpetrators of phishing attempts are getting more innovative and finding ways to bypass traditional spam filters like DKIM, DMARC and SPF.
“Leveraging the reputation of Office 365 and G suite, criminals are actively using domains of reputable servers in order to pass the low bar for traditional anti-spam filters,” the company said. “In addition, INKY has found a change in dissemination of spear phishing attacks, moving away from the traditional attachment generated content, to criminals looking to build relationships with C-level executives merely requesting simple data.”