With 90 percent of network security breaches attributed to phishing attacks,¹ no business – large or small – is immune to cyberthreats. Small businesses in particular are at risk, with more than 55 percent of SMBs having experienced a cyberattack in the past 12 months and 50 percent reporting a data breach.²As widespread breaches continue to threaten businesses worldwide, organizations must adopt security measures that utilize human intelligence to protect critical assets. 

"Every company – regardless of size or resources – should have access to effective cybersecurity solutions," said Rohyt Belani, co-founder and CEO of PhishMe. "61% of cyberattacks target small and medium businesses (SMBs) and the ensuing damages cost, on average, $800,000 USD³. To help such organizations shore up their defenses we created PhishMe Free. This solution is tailored specifically for companies with 500 employees or less. The goal is to help SMBs build a conditioned firewall of human sensors to act as a first line of defense against attacks that bypass traditional email filtering technologies."

PhishMe Free leverages the foundational elements and expertise behind PhishMe Simulator, the leading anti-phishing solution that reduces end-user susceptibility to phishing attacks by up to 95 percent. Much like the company's flagship product, PhishMe Free delivers simulated email campaigns that mimic real-life spear phishing scenarios and provide instant learning opportunities for recipients who fall for the exercises. It also equips IT teams with the tools needed to educate and engage employees in their efforts to thwart phishing attacks. Key benefits include:

• Fast deployment with an easy to manage SaaS application
• Reporting and analytics to easily view risk exposures and monitor progress
• Real results through a simplified enterprise- grade solution that delivers 18 templates and runs up to 12 scenarios per year
• Mimics real-life attack tactics with threat-based scenario content and training templates for end users
• Full access to PhishMe CBT modules, including four compliance modules and 17 interactive modules covering today's biggest threats

"Today, small businesses are just as likely to be targeted by cyberattacks as large enterprises but the financial and reputation damages could be much more devastating," notes Scott Crawford, research director for information security with 451 Research. "With organizations like PhishMe providing strong anti-phishing solutions catered to SMBs at no cost, more organizations can take the necessary steps to fortify their defenses to reduce the chances of phishing related breaches."

Also included in the PhishMe Free license is access to PhishMe Community, an online customer portal where users can discuss product issues with PhishMe representatives and exchange ideas with fellow users, receive product support, access PhishMe's exhaustive knowledge base, and learn more about the exciting things happening in the world of PhishMe.  

For more information about PhishMe Free, please visit: https://phishme.com/pm-free.