Welcome!

News Feed Item

Agari Q2 Email TrustIndex Shows Brands Remain Under Persistent Email Cyberattack; Banks Are 15 Times More Likely to Be Spoofed Than Other Industries

Agari, the leading provider of real-time, data-driven security solutions that detect and prevent advanced email cyberthreats, today released its 2014 Q2 edition of the Email TrustIndex.

The Q2 Email TrustIndex covers the period from April through June 2014 and provides email “threat” ratings, or the volume of cyberthreats targeted towards any given company’s consumers via email, and email “trust” ratings, or how well companies are protecting consumers from email cyberthreats. To compile the Index, Agari analyzes 6.5 billion emails per day across 11 industries to identify which companies are being targeted and which companies are taking action to prevent attacks from reaching consumers.

The Travel sector saw threat volume increase by 800% in Q2, signifying a major target for hackers. Mega Banks were found to have the highest ThreatScore in Q2, where consumers are 15 times more likely to receive a malicious email pretending to be from a major bank than they are from an airline. Health Care is still in critical condition with the lowest TrustScore of all industries. Out of the 14 health care companies analyzed, 13 classified as "easy targets" for cybercriminals.

“Quarter after quarter we are witnessing industries struggle with email security. We see countless high-profile breaches in the news where email is a stepping stone in the attack or is leveraged post-attack to steal credentials, begging the question, ‘Why are these industries not protecting themselves and their customers?’” said Patrick Peterson, Founder and CEO of Agari. “We issue these quarterly reports to encourage people to take email security more seriously. For a long time, brands couldn’t do anything to stop brand hijacking, but now they can deploy DMARC to stop brand abuse through email and protect their consumers.”

Email is the Weakest Link

The disparity in email security between the best- and the worst-performing industries is significant: of the industries surveyed, three-quarters have yet to completely implement DMARC (Domain-based Message Authentication, Reporting, & Conformance), an open standard enabled on 70% of the world’s inboxes. DMARC is the only security solution that enables Internet-scale email protection and prevents fraudulent brand abuse for email-borne cyberattacks. Social companies have a 64% DMARC implementation rate – five times what has occurred among airlines.

Despite the importance, ubiquity and staying power of email, there are still flaws. According to the Identity Theft Resource Center, as of July there have been 395 data breaches in the U.S. alone; a 21 percent increase from the same time in 2013. In Q2 2014, Agari witnessed a rise in the number and threat-level of malicious email attacks from many of the security incidents making headlines. Cryptolocker, GameOver Zeus and the recent hacking of 1 billion passwords by a Russian gang all involve security gaps from email.

Additional Key Findings in Q2:

  • Financial Services was broken down into Payments, Mega Banks (US and Europe), and Large Banks in Q2.
    • Large Banks are the least trustworthy financial institution. Every large bank evaluated was classified as an “easy target.”
  • E-tailers are excelling in email security, with online-only pioneers, such as Netflix and Newegg, leading the pack, whereas the majority of retailers are lagging in implementing best practices.
  • Social Media sites are "security rockstars" with Facebook, Google+, LinkedIn and Twitter having near-perfect TrustScores.

About the Agari TrustIndex

The Agari TrustIndex contains ratings developed by Agari that reflects how fully organizations have deployed three standards (SPF, DKIM, and DMARC) across their primary active domains. While all three standards are deployed "behind the scenes" and are not directly visible to consumers in most cases, by looking at TrustIndex scores you can get a simple, easy to understand rating of how well any given organization is protecting their customers from receiving malicious email under the guise of the organization's brand and domain name. It's important to note that the Agari TrustScore reflects that level of security deployed by the organization, and is not directly related to the ThreatScore, which is an indicator of how high a level of attack is directed at an organization. A company could have a very high TrustIndex score and still have a high ThreatScore as well, as even though they've deployed effective security the bad guys are still trying to break in.

The latest copy of the Agari Email TrustIndex is available for download here.

RELATED LINKS AND CONVERSATIONS

About Agari

Agari builds new, Internet scale, data driven security solutions that eliminate email as a channel for cyberattacks and enable businesses and consumers to interact safely. The Agari cloud-based SaaS solution aggregates data from 2.5 billion mailboxes to help global brands eliminate email threats, protect customers and their personal data, and proactively guard brand reputation. Today, Agari analyzes over 6 billion messages per day, identifies over 2 million malicious URLs per month, and blocks over 200 million malicious emails per month. Founded by the thought leaders behind Cisco’s IronPort solutions, Agari, a recipient of the JPMorgan Chase Hall of Innovation Award and recognized as a Gartner Cool Vendor in Security, is headquartered in Silicon Valley. Learn more at http://www.agari.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT depl...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, discussed how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He also discussed how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors an...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...