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Agari Q2 Email TrustIndex Shows Brands Remain Under Persistent Email Cyberattack; Banks Are 15 Times More Likely to Be Spoofed Than Other Industries
|By Business Wire
|August 21, 2014 07:02 AM EDT
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
“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
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
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
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
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140821005204/en/
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