Overview

For many organizations, cybersecurity strategies and tactics are only occasionally assessed and readjusted. Once tools and solutions are purchased and implemented, they are often forgotten by IT staff who are overstretched assisting the day-to-day needs of the business. Yet as threat actors evolve, security that doesn’t evolve with it depreciates, making the company even less secure than the day before. Threat actors adjust their tactics in real time and, in 2023, they evolved at a pace that shocked even security researchers.

In 2023, Conversant Group announced the formation of Grypho5, a sister company offering managed protection services that evolve daily with the real-time tactics of threat actors. The Grypho5 team doesn’t need to subscribe to threat feeds or gain access to threat intelligence to ensure their service is relevant; they already have the data via their sister company, Fenix24, who is recognized as one of the most trusted breach restoration firms in North America. When a new threat actor tactic is seen in real breach scenarios, the Grypho5 team immediately begins securing all managed protection customers against the threat.

For example, in 2023, threat groups like Scattered Spider and AvosLocker began demonstrating a technical innovation and knowledge of tools/platforms never seen before. They had begun attacking traditional help desk procedures using advanced social engineering and using an organization’s own tools against them. Grypho5 quickly informed their customers of the new tactics and advised a series of revised help desk procedures to thwart the help desk fraud that was compromising enterprises. They pivoted their 24/7/365 management practices to monitor for all signs of tactics employed by these groups.

In its first 10 months of operation, Grypho5 has earned ~50 new contracts for a whopping $3.75M, reflecting the large size of the deals and enterprises trusting us with their critical security.