Tech Wise Solutions – a leading provider of IT solutions, with reseller partners across the entire African continent – has signed an exclusive agreement with Retruster to act as their sole distributor in Africa. The agreement brings Retruster – a next-generation solution to phishing emails and online fraud – to Tech Wise’s continent-wide client base for the first time.
“Almost all cyber security attacks start with a phishing email. It’s critical that companies deploy specific and advanced anti-phishing protection. Once malware is deployed into your system, often by clicking a link in an email, the attackers can essentially do what they want. They can take data and sell it on the dark web; they can shut you down and demand ransom in order to release your data. All these things have implications from both a financial aspect and from the data security and regulatory standpoint,” says Michael Snape, CEO of Retruster.
“Phishing is a leading threat for both large and small businesses. Just the financial cost of a data breach – often caused by a phishing email – is R40.2 million, and that’s before dealing with regulatory and legal issues. And for SMEs, 60% of small businesses close within six months of a phishing attack,” says Garry Kondakov, CEO at Tech Wise Solutions.
“Retruster is an add-on for Microsoft Outlook, G Suite and other email solutions that checks incoming emails for signs of ransomware, phishing and fraud. It is really intuitive to use and warns of incoming attacks, gives specific information, and presents information in a user-friendly and accessible way everyone can relate to,” says Kondakov.
Retruster leverages advanced proprietary algorithms, artificial intelligence (AI) and machine learning (ML) combined with a unique user-facing approach to offer Tech Wise clients exceptional anti-phishing protection. With an established worldwide client base, Retruster protects thousands of clients against phishing emails, saving them millions of Rands. Due to Retruster’s architecture, it is deployed with no disruption and can be used in conjunction with any other security product.
“The system performs hundreds of checks in a split second, without influencing the speed of a user’s system or their emails. No downloads are necessary. It all lives in the cloud, so you just add it to your email with a click, and you’re ready to go. Retruster works well with all anti-virus and anti-spam products. We recommend a multi-layered approach, where Retruster is your last line of defence against phishing attempts,” says Kondakov.