Home Top Movers Why Cyren Ltd (CYRN) Stock Extended Gains in After-Hours Trading Today

Why Cyren Ltd (CYRN) Stock Extended Gains in After-Hours Trading Today

Cyren Ltd (CYRN) shares are extending double-digits gains after news that its next-generation email service will be available for Microsoft 365 through the Azure Marketplace. In after-hours trading on the stock market today, Cyren stock jumped 17.39%, near $1.62. During the regular session, CYRN‎ stock rose 13.11% to $1.38.

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Cyren Inbox Security (CIS) provides an easy-to-implement and critical defense against phishing attacks. This service gained incredible market strides as it provides around-the-clock email monitoring, detection, and response for all users who employ the Microsoft 365 package.

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CIS is based on cloud architecture and integrates in mere seconds with an existing tenant account. Cyren’s support team is always at hand to provide its enterprise customers with all kinds of support for various issues. This immaculate service provides and lessens the weight on some IT & security firms from initiating time-consuming investigations with no end in sight. This is a one-stop solution to massive malicious phishing attacks orchestrated by non-state actors.

By launching CIS for Microsoft Azure Marketplace, Cyren hopes that this will not only give them new adoption protocols but also drive awareness with their unique way of handling phishing attacks. However, CIS and its Incident Response Service are not free at all and incur annual charges. Instead of the monthly tier, many other enterprise-level companies employ. No changes to your MX records or your email are required in order to use this service.

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