Boxphish acquires Trillion to enhance cybersecurity offerings.
- The acquisition adds advanced dark web monitoring to Boxphish’s tools.
- BGF invested £3.25m to aid Boxphish’s growth and expansion.
- Existing customers like Leeds United FC will benefit from improved services.
- The move aligns with Boxphish’s strategy to combat evolving cyber threats.
Boxphish, a Leeds-based human risk management platform, has expanded its cybersecurity capabilities with the acquisition of Trillion, a company specialising in advanced threat intelligence. This strategic acquisition enables Boxphish to incorporate sophisticated dark web monitoring technology that tracks credentials shared illegally online, providing organisations with vital tools to manage and mitigate cybersecurity risks.
The investment of £3.25 million from BGF, a leading growth capital investor, supports Boxphish’s efforts to accelerate the development of its products, hire additional talent, and form new partnerships. This financial backing underscores the importance of staying ahead in an ever-changing cybersecurity environment, where threats become increasingly complex and prevalent.
Nick Deacon-Elliott, CEO of Boxphish, emphasised the significance of this acquisition, stating it strengthens the company’s ability to enhance visibility around human risk. By proactively monitoring billions of compromised account credentials found on dark markets, Boxphish can alert users to take necessary precautions, thereby bolstering the security posture of client organisations.
Trillion, formerly owned by Crossword, already caters to shared customers such as Leeds United FC and New College Worcester, ensuring a seamless continuation of services now backed by a financially sound and experienced entity. This transition promises long-term security and enhanced protection for its users.
Founded in 2020 by entrepreneurs Henry Doyle, Dan Bailey, and Nick Deacon-Elliott, Boxphish boasts a growing portfolio of cybersecurity training courses and simulations. The addition of Trillion’s technology aligns seamlessly with Boxphish’s mission to furnish businesses with the knowledge and tools essential for combating modern cyber threats.
This acquisition marks a pivotal advancement for Boxphish in its mission to fortify organisations against cyber threats.
