LEESBURG, Va. and PITTSBURGH, Dec. 1, 2017 /PRNewswire/ -- PhishMe Inc. and Wombat Security Technologies, Inc. announced today that they have settled their patent dispute and entered into an agreement resolving the claims at issue in the litigation. The parties' litigation in the United States District Court for the District of Delaware will be dismissed, and the proceedings pending at the United States Patent and Trademark Office will be terminated. As a part of the settlement, PhishMe granted a license to Wombat to the PhishMe patents involved in the litigation.
PhishMe is a leading provider of human-focused phishing defense solutions for organizations concerned about their susceptibility to today's top attack vector — spear phishing. PhishMe's intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report and mitigate spear phishing, malware and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization's security decision-making process. PhishMe's customers include the defense industrial base, energy, financial services, healthcare and manufacturing industries, as well as other Global 1000 entities that understand how changing user security behavior will improve security, aid incident response and reduce the risk of compromise.
About Wombat Security Technologies, Inc.
Wombat Security Technologies is a leading provider of information security awareness and training software to help organizations teach their employees secure behavior. Their SaaS-based cybersecurity education solutions include a platform of integrated broad assessments, as well as a library of simulated attacks and brief interactive training modules. Wombat's solutions help organizations reduce successful phishing attacks and malware infections up to 90%. Wombat is helping small and medium businesses as well as Fortune 1000 and Global 2000 customers in industry segments such as finance and banking, energy, technology, higher education, retail, and consumer packaged goods to strengthen their cybersecurity defenses.