How confident are you in your email defense strategy? Do you believe you’re standing above the crowd when it comes to defending your company from today’s largest threats?
Suppose you haven’t made any changes to your cybersecurity in the past two years. In that case, it may shock you to learn that you’re not only behind the competition but at risk of potentially costly and reputation-damaging consequences.
In 2020, theFBI’s Internet Crime Complaint Center (IC3) received a record number of phishing complaints related to identity theft, personal data breaches, extortion, and non-payment/non-delivery. The frequency of phishing attacks continues to rise, with 81% of organizations feeling thespike in email phishing activity since March 2020. By 2021, CISCO reported that about86% of companies had made themselves vulnerable to a phishing attack, with at least one person within their organization clicking a phishing link.One in 99 emails is a phishing attack. While only30% of phishing attacks are opened, it only takes one breach to cause devastating damage to your company.
Credentials, personal data, banking data, and medical data are the top types of data that can be compromised in a phishing attack. And these data breaches can cost organizations hundreds of thousands to millions of dollars. According to IBM, a data breach caused by a successfulphishing attack can cost a business an average of $4.65 million, while a business email compromise (BEC) attack can cost an average of $5.01 million per breach. The disturbing increase in phishing attacks has led to arise in organizations deploying zero trust – from 35% of organizations in 2021 to 41% in 2022.
The Problem with Relying on a Standalone Solution
An astonishing96% of phishing attacks are delivered and arrive by email. And one of the major issues that many companies face is their adoption of Microsoft as a standalone solution for email defense, despite the manyexploits and software vulnerabilities it suffers. Microsoft remains the most attacked because cybercriminals take advantage of its wide use, targeting organizations that rely on Microsoft solely without implementing multi-layer email security.
Even Microsoft is aware that they are a major target, prompting its security intelligence team towarn Office 365 users and admins about the “sneakier than usual” detection evasion techniques that cybercriminals were using to trick email filters. Recently, Microsoft observedBlackCat ransomware attacking Microsoft Exchange servers by exploiting unpatched vulnerabilities.
It’s not enough to have a robust training program so employees can spot a phishing attack. At AnubisNetworks, we know how critical it is for service providers and enterprises to provide a true layer of security to the email ecosystem to be fully capable of fraud, malware, and spam detection. Our solutions include security features, such as:
Anti Fraud, including phishing and spoofing detection
4 AV systems, and Check Point Sandblast + AV (Premium)
Discovery and action on compromised users,
Management of outbound quotas, virtual lists
Safe whitelists and other systems that cross email origins with authentication (DKIM, DMARC, SPF, MTA-STS), reputation, and past actions