Wombat Security announced today that it is acquiring ThreatSim, a company that focuses on spear phishing prevention. The move magnifies Wombats security awareness training proficiencies to include a greater focus on one of the biggest cyber threats facing companies today. A recent Ponemon Institute study found that phishing attacks cost businesses an average of $3.77 million per year. The addition of the spear-phishing testing from ThreatSim will make Wombat’s security training more effective and valuable for customers.”]

