Because companies either do not teach their staff enough or have inadequate email security measures in place, many firms, ranging from start-ups to multinational enterprises, are susceptible to phishing and other email-based frauds. These frauds may take many different forms. By strengthening the security of your email and providing your employees with training, you may avoid becoming a statistic.
Emails are a particular target for hackers because of their convenience. E-mails are a cybercriminal’s go-to weapon because of the versatility they provide in terms of the kind of attacks that can be carried out with them. These attacks may range from something as basic as spamming to something as complicated as stealing sensitive data.
The widespread use of email is one possible explanation for this phenomenon. The aspect of human nature is another factor that has to be taken into account. Despite the fact that email may be used with relative simplicity, the majority of workers lack the expertise and experience required to recognize phishing emails and other types of harmful information. Cybercriminals are aware of this vulnerability, and they look for opportunities to take advantage of it whenever they can.
The most widespread danger nowadays is ransomware.
Even though phishing emails have been recognized as the most frequent first vector for such assaults, ransomware has continued to be one of the most prevalent dangers. Built-in email security protections are unable to thwart more sophisticated cyberattacks because thieves are becoming more creative and their methods are becoming more sophisticated.
This is due to the fact that fraudsters are able to reverse engineer the regulations that are supposed to restrict them by employing cutting-edge technologies to get access to employee inboxes. When this occurs, it is helpful to have an email security solution that is specialized to protecting emails since these solutions use complex security processes and several levels of protection. Your firm will be protected from sophisticated and targeted attacks if you use a comprehensive email solution.
The expense of ensuring the security of email communications is not sufficient to offset the cost of a data breach.
If your firm does not make investments in email security, you are probably not thinking about external factors that might have major repercussions for your company. Theft of private information is one possible consequence that might result from insecure data processing, and identity fraud is often the next step after that. When possible penalties for breaking a security or privacy rule are factored in, the cost of a breach may become much more financially burdensome than it already was. One thing, however, can be said with absolute certainty: the expenses of maintaining email security do not exceed the costs of a data breach.
Boost output without compromising safety
About ninety percent of the emails that companies get are deemed to be spam. That is, they aren’t requested, and there is a possibility that they have a malevolent intent. Because of the amount of time that is lost dealing with spam, the absence of an efficient antispam solution may have a substantial influence on the amount of work that is accomplished inside a business.
When the appropriate email security measures are in place, staff members have more time to devote to focusing on ways to enhance the service that is delivered to customers and partners. In addition, as was said before, data breaches can cause harm to the reputation and credibility of an organization. Depending on the gravity of the situation, it may be difficult and costly to win back the trust of both existing consumers and potential new business partners. Without a shadow of a doubt, the success of every company is directly proportional to the reliability and trustworthiness of its brand.
Email protection offers a competitive edge to businesses
When you examine the data that is gathered by companies, you will realize that the overwhelming majority of it consists of confidential or private information. Not just from employees inside your firm, but also from customers and friends outside of it. Nobody wants critical information like this to get into the wrong hands, and nobody wants it to happen.
At initially, it might be a nuisance for certain firms, but in the long term, they will benefit much from it. A company’s commitment to maintaining the confidentiality of its customers’ personal information may be gauged by how seriously it takes its security obligations. In addition to this, doing so will encourage greater trust in doing business with you, providing you an advantage over the other companies in the industry.
New risks of Cloud Email
Email has become a target for hackers due to the widespread usage of cloud computing, which has only made exploiting email simpler. Cybercriminals now have access to new attack vectors as a result of the increasing usage of cloud-based email and document sharing platforms like Google Drive and Microsoft 365. Examples of these solutions include:
Often, an attacker will send a phishing email pretending to be a shared document. When the victim clicks on the link, they will be requested to input their credentials for the service in order to see it. The attacker will get these credentials after the credentials have been entered. An attacker may use these stolen credentials to access sensitive data located anywhere inside the company’s cloud if the organization’s cloud architecture has not been configured to offer visibility into account use and apply access control.
Email is one of the most prevalent attack vectors used by cybercriminals, and the typical security solutions for email are not sufficient to guard against this danger. It is necessary for businesses to have an email security solution that has the following essential capabilities:
- Protection Against Phishing and Other Forms of Malware
- Protection Against Data Loss and Account Tapping Protection Against Account Hacking
The fact that email is so essential to running a business makes it the most susceptible communication channel for any company. Fraudsters continue to take advantage of the open nature of email and enhance their strategies for getting into companies. As a result, businesses need to evaluate the best ways to defend their staff from the threats hidden in the inbox.
Information security specialist, currently working as risk infrastructure specialist & investigator.
15 years of experience in risk and control process, security audit support, business continuity design and support, workgroup management and information security standards.