SmartTech247 Group plc (LON:S247) Chief Executive Officer Raluca Saceanu caught up with DirectorsTalk for an exclusive interview to discuss what NoPhish does, integration with Google Mail, how it’s used and why investors should consider the company for their portfolios.
Q1: So, we’re talking today about your tool called NoPhish, can you just explain for us what NoPhish does?
A1: NoPhish is our own email security product, and it was created to help organisations around the world minimise the risk of phishing attacks effectively.
Phishing is a massive problem in this industry and it’s a problem for every single organisation, regardless of how much they invest in security, and everyone deals with phishing problems, particularly when it comes to business email compromise, CEO impersonation and credential theft. These are the top risks that businesses face when it comes to social engineering.
We created NoPhish to help organisations detect phishing in real time and really eradicate the threat quickly before it harms their systems.
So, most organisations have email solutions in place, email filtering solutions, and these solutions usually stop spam and they stop phishing content but 5-7% of malicious emails really still make their way through, putting the organisation at risk.
What NoPhish does is it helps defend against targeted attacks, it helps defend against those 5-7% of phishing attempts, and it really helps to remove the threat from the environment immediately. It’s a great solution for organisations that don’t have the resources in place to investigate every single phishing attempt on their company, as NoPhish does it automatically, both the investigation side and also the removal of the threat.
So, just to summarise, NoPhish provides threat analysis, it provides investigation and it also provides response capabilities for our customers and it acts as an extension of their existing security team.
Q2: The tool was previously only available on Microsoft Outlook, why is integrating with Google Mail an important development for SmartTech247 and cybersecurity more general?
A2: Well, we wanted to make the tool available to as many organisations as possible as the threat of phishing really affects everyone, as I mentioned earlier. We know that there are numerous organisations that use Google Mail as their main mailing platform so it was important for us to have a wider addressable market.
Q3: How do organisations find NoPhish to use with Google Mail?
A3: We have an extension available that you can find on Google Chrome Web Store. And we also offer demos and trials of organisations use Google Mail as their main platform and if they want to avail of the product.
So, the simplest way is to Google NoPhish for Gmail or to reach out to our teams who were more than happy to give a demo of the platform.
Q4: Now, for investors looking to broaden their portfolios, why should they consider SmartTech247 Group?
A4: Ever since we listed on the London Stock Exchange, we’ve been on a continuous growth journey.
We have ambitious expansion strategies, really exciting innovation plans and we’re winning more and bigger contracts with blue chip organisations across the world. I’m very happy to say that our customer retention rate is 100%, and we have a track record of robust revenue growth, profitability, and prudent financial management.
Finally, our goal is really to set the standard for technological excellence and for innovation, and this is what investors can look forward to when it comes to SmartTech247.
