|By Marketwired .||
|October 17, 2013 09:00 AM EDT||
SAN MATEO, CA -- (Marketwired) -- 10/17/13 -- Agari, the leading provider of a cloud-based email security solution that analyzes a company's email ecosystem and prevents malicious activity targeted towards consumers, today announced that it has been inducted into the JPMorgan Chase Hall of Innovation. Agari received the award at the annual J.P. Morgan Technology Innovation Symposium for enabling the firm's implementation of proactive controls to prevent targeted fraud and phishing attacks.
JPMorgan Chase's Hall of Innovation recognizes companies whose technologies have had a major impact in driving business value.
"Through the Hall of Innovation, we are happy to recognize emerging technology companies that are helping JPMorgan Chase deliver next generation technology solutions," said Larry Feinsmith, Head of Technology Strategy and Partnership Development within the Office of the CIO at JPMorgan Chase. "We continue to experience significant value through our engagement with early stage companies like Agari, and our relationship has been mutually beneficial to help develop their offering to meet the email security needs of large enterprises."
"Our work with Agari has been instrumental in our ability to offer our customers unprecedented security for their inboxes," said Anish Bhimani, Chief Information Risk Officer at JPMorgan Chase. "Thanks to Agari's analytics and threat intelligence platform, together we have prevented millions of phishing emails from being delivered to customers' inboxes."
The Agari platform protects the world's most trusted brands and ensures that the only emails customers receive are authentic. Agari's proven hosted, DMARC cloud-based service blocks phishing attacks on behalf of the largest banks, social media companies and consumer brands in the world, protecting brand reputation and preventing millions of dollars in damage to innocent consumers.
"We are thrilled to have received such a prestigious honor from one of the largest financial institutions in the world," said Patrick Peterson, Founder and CEO of Agari. "As a leader in trust and internet security, Agari analyzes more than 2.3 billion messages daily and protects 80 percent of US consumer inboxes. Our mission has always been to protect both brands' and consumers; this recognition is a testament to the value we bring to the market."
As a DMARC.org member and contributing author, Agari collaborates with some of the largest global brands -- including AOL, Facebook, Google, Microsoft and Yahoo! -- to improve email security with the help of DMARC. The group is dedicated to developing Internet standards to reduce the threat of email phishing and to improve coordination between email providers and email sender domain owners.
Agari collects terabytes of email data from sources across the Internet to provide global brands and security professionals with a cloud-based SaaS solution that eliminates email threats, protects customers and their personal data, and proactively guards brand reputation. Today, Agari protects more than 80 percent of US consumer email inboxes and on a daily basis analyzes more than 2.3 billion messages, stops over four million suspicious emails, and detects over 40,000 malicious URLs. Founded by the thought leaders behind Cisco's IronPort solutions, Agari is headquartered in Silicon Valley and is backed by Alloy Ventures, Battery Ventures, First Round Capital, and Greylock Partners. Additional information is available at http://www.agari.com.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.