sb-nz logo
Story image

Native email security systems inadequate – Mimecast

17 Jun 2019

Email and data security company Mimecast has announced the availability of its latest quarterly Email Security Risk Assessment (ESRA), an aggregated report of tests that measure the efficacy of widely used email security systems.

The report shows the need for the industry to continue to work toward a higher standard of email security.

Many organisations think their current email security systems are up to the task of protecting them from phishing.

Unfortunately, many of them fall short and do not keep their organisations safe.

The latest quarterly ESRA report shows that many email attacks ranging from opportunistic spam to highly targeted impersonation attacks are getting through incumbent email security systems both in large number and variety.

The report found 26,305,457 spam emails, 27,156 malware attachments, 55,190 impersonation attacks and 466,905 malicious URLs, were all missed by these incumbent providers and delivered to users’ inboxes, an overall false negative rate of 11% of inspected emails. 

Impersonation and phishing attacks are becoming a growing problem. 

According to the recently launched State of Email Security 2019 report, 85% of the 1,025 global respondents experienced an impersonation attack in 2018, with 73% of those victims experiencing a direct business impact – like financial, data or customer loss.

Not only that, but 94% of the respondents said they experienced a phishing attack, with 55% noting an increase in this type of attack year over year.

This reaffirms the need for the industry to continue to provide better efficacy in their email protection to help organisations strengthen their cyber resilience to keep their data and communications safer. 

“Today’s threat landscape continues to evolve as cybercriminals adapt their attack methods, particularly email-borne attacks, to evade the detection of traditional security solutions.

“This is becoming a huge problem for companies regardless of size across the globe,” says Mimecast threat intelligence vice president Joshua Douglas.

“The ESRA results offer deep insights so our customers can better understand the types of attacks threatening their business.”

“Through better email security, paired with improved security awareness, Mimecast can help customers build a comprehensive cyber resilience strategy that prepares them to take on and defend against both known and unknown cyber threats.”

Story image
COVID-19 crushes fingerprint reader market
However, the biometrics market is expected to regain momentum with alternatives already beginning to find their feet.More
Story image
Gartner reveals the top strategic tech trends for 2021
“CIOs are striving to adapt to changing conditions to compose the future business - this requires the organisational plasticity to form and reform dynamically. Gartner’s top strategic technology trends for 2021 enable that plasticity.”More
Story image
Experiencing ransomware significantly impacts cybersecurity approach
"The survey findings illustrate clearly the impact of these near-impossible demands. Among other things, those hit by ransomware were found to have severely undermined confidence in their own cyber threat awareness."More
Story image
Why best-practice threat data management provides confident automation
Understanding an organisation’s threat landscape requires having both the right threat data sources and the proper prioritisation to derive actionable threat intelligence for your organisation. More
Story image
CrowdStrike targets Zero Trust blind spot with new offering
CrowdStrike has officially launched CrowdStrike Falcon Zero Trust Assessment (ZTA), designed to aid in overall security posture by delivering continuous real-time assessments across all endpoints in an organisation regardless of the location, network or user. More
Story image
SOC, SIEM, SOAR and SASE define Fortinet’s Security Fabric
Cornelius Mare, Fortinet A/NZ Director, Security Solutions, deciphers the jargon and explains how an alphabet soup of integrated security services spells comprehensive protection for your network and ensures business continuity.More